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Founded in 1986, Deutsche Bank Foundation has mostly funded education, integration and social projects. The Foundation focuses chiefly on initiatives that ideally bring together these three aspects and encourage young people to realize and develop their full potential. Art, music and culture also benefit from the Foundation’s sponsorship activities, while the Alfred Herrhausen Fund supports initiatives aimed at improving the career prospects of disadvantaged youths.
The principal focus of the Deutsche Bank Americas Foundation’s work is community development, poverty alleviation, public education initiatives and arts programs. Philanthropic activities support the entire Americas region with funding of programs in the United States, Canada and Latin America. Resources are complemented by the activities of the Community Development Finance Group, which makes loans and investments within low and moderate income communities. It is the center of competence for Deutsche Bank’s global microfinance work. Since 1992, the Federal Reserve Bank has rated Deutsche Bank “outstanding” for this work.