Since 2006, the Old National Bank Foundation has been a dynamic partner in the cities and towns we serve. Old National Bank Foundation Grants strengthen communities and impact families throughout our footprint by empowering our community partners to achieve their goals.
Old National Bank Foundation Grants
The Old National Bank Foundation makes contributions to IRS-designated 501(c)(3) nonprofit organizations to fund large scope and large impact programs and/or projects. The Foundation is part of Old National's overall charitable giving initiative, which enables us to support programs that improve quality of life in areas of Indiana, Kentucky, Michigan & Wisconsin where our clients, associates and shareholders live and work.
Our Mission
The Old National Bank Foundation believes that social responsibility is essential to fostering vibrant, sustainable communities. We realize this belief through strategic partnerships with charitable organizations addressing defined community needs.
Our Vision
The Old National Bank Foundation will foster communities that strive for impactful economic development, excellence and equity in education, and improved quality of life.
Applying for a Grant
Before you apply for a grant, please read through the following information.
In addition, many of your questions may be answered below in the Eligibility Guidelines, Funding Priorities & Funding Restrictions or on our Foundation FAQ page.
Eligibility Guidelines
To be considered for grant funding, organizations must:
Have non-profit, tax-exempt status under Section 501(c)(3) or 509(a) of the IRS Code and be in good standing
Be located in or provide service to communities within ONB’s footprint
What we look for in an applicant organization:
Fiscal stability
Mission closely related to the Foundation’s priorities
Strong leadership/governance
Diverse board and staff; reflective of the community being served
When reviewing proposals, preference is given to funding opportunities/initiatives that:
Fit closely with the Foundation’s funding priorities
Address community needs related to our funding priorities
Include financial commitments from a variety of sources
Utilize an effective evaluation plan specific to the proposed funding opportunity/initiative
Demonstrate measurable goals and outcomes
Types of Grants
Developing Partnerships
The Developing Partnerships Grant Application is open to 501(c)(3) nonprofit organizations that have been previously funded by Old National Bank Foundation, and are seeking to carry out programs related directly to our funding priorities, mission and vision.
The Community Investments Grant Application provides grants to eligible nonprofit organizations to carry out mission-driven programs. This grant level is for applicants who are new to Old National Bank Foundation. The Community Investments Grant Application is a two-step process that requires the submission of a letter of intent. The letter will be reviewed and applicants will be notified within four weeks of the deadline date whether they are invited to submit a full application.
It is our wish to meet the needs of every community in our footprint; however, our funding will target innovative programs
that enhance the quality of life within our communities in support of the following strategic initiatives, which are
Adult Education, Early Childhood Development, Financial Literacy and Workforce Development. Priority consideration is
given to programs that target low- to moderate-income families.
Examples of funding priorities with measurable outcome focus areas include:
Adult Education
Improve education or achievement gain
Improve employment entry or retention
Increase enrollment in adult education and literacy programs
Early Childhood Development
Improve engagement of children benefiting from educational opportunities
Increase parental involvement in children’s education
Increase access to quality early childhood development services
Economic Development
Increase neighborhood revitalization initiatives
Improve long-term sustainability of organization in addressing community needs
Old National Bank Foundation will ordinarily only fund one request per grantee per calendar year. Exceptions to this one per year funding will be rare. We cannot fund every worthwhile endeavor. Our support is directed to areas that demonstrate the most critical need and can have the greatest impact in support of our funding priorities.
The Old National Bank Foundation does not provide funding for the following:
Individuals
Endowments or scholarships
Requests that will be used mainly for salaries or general operations
School clubs/organizations, including, but not limited to bands, athletic or academic teams, booster clubs, PTO/PTA
Meals, tickets, dues, memberships, fees, travel, tuition, subscriptions and other tangible benefits
Childcare fees/subsidies or K-12 tuition
Meetings, conferences, workshops
Summer camps and field trips
Political, labor, military, veteran’s, international or fraternal organizations
Organizations that discriminate on the basis of race, culture, gender, sexual orientation, age or religion
Programs administered by religious organizations for religious purposes
Debt retirement or funding of any activity that is already completed
Contests, Competitions, Athletic Events, Beauty Pageants or Talent Contests
Sponsorships, fundraisers, races, telethons, marathons, benefits, banquets, galas, golf tournaments, festivals or other
events
Scholarly or medical research
Feasibility studies, project research or development phases, including the cost of hiring consultants or planners
Large-scale initiatives, capital campaign or strategic investment requests will be accepted by invitation only – please email an overview/executive summary of this funding opportunity for initial review by Foundation staff.
The Old National Bank Foundation contributes annually to the United Way throughout our footprint. Due to this contribution, United Ways are not eligible for other grant funding opportunities.
