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.
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.
Old National Bank Foundation Grants
The Old National Bank Foundation makes contributions to 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, Illinois, Kentucky, Michigan and Wisconsin where our clients, associates and shareholders live and work.
Before you apply for a grant, please read through the following information.
Beginning in 2017, we have made some enhancements to our online grant applications with greater emphasis on measurable outcomes. 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:
Be a nonprofit organization and have obtained recognition of tax-exempt status under Section 501(c)(3) as a public charity under Code 509(a) and in good standing. (If an organization is exempt under Section 509(a)(3), it must be Type I or Type II)
Have their primary organization's address located within the Old National 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 are seeking to carry out programs related directly to our funding priorities, mission and vision.
This grant application is open to Habitat for Humanity organizations that are located within our corporate footprint and are requesting funding for a house build or program related to affordable homeownership.
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 Economic Development, Workforce Development, Affordable Housing, Adult Education, Financial Literacy and Early Education. Priority consideration is given to programs that target low- to moderate-income families.
Examples of funding priorities with measurable outcome focus areas include:
Economic Development
Increase neighborhood revitalization initiatives
Improve long-term sustainability of organizations in addressing community needs
Strengthen community resource infrastructure
Workforce Development
Build skills/knowledge
Increase entrepreneurship initiatives
Increase access to business coaching
Increase job creation and retention opportunities
Affordable Housing
Increase homeownership opportunities
Promote multi-family housing developments
Enhance neighborhood stabilization and vitality
Improve household stability
Adult Education
Improve education or achievement gain
Improve employment entry or retention
Increase enrollment in adult education and literacy programs
Improve graduation retention
Financial Literacy
Build knowledge/skills in savings, budgeting and debt management
Build knowledge/skills in banking services
Improve financial behaviors
Early Education
Improve engagement of children benefiting from educational opportunities
Increase access to quality early childhood education services
The ONB Foundation does not provide funding for the items or organizations below. This is not an exhaustive listing. Additional restrictions may also apply.
The Old National Bank Foundation does not provide funding for the following:
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
Meetings, conferences, workshops
Childcare fees/subsidies or K-12 tuition
Sponsorships, fundraisers, races, telethons, marathons, benefits, banquets, galas, golf tournaments, festivals or other events
Individuals
Scholarly or medical research
Endowments or scholarships
Summer programs or camps and field trips
Feasibility studies, project research or development phases, including the costs of hiring consultants or planners
Organizations that discriminate on the basis of race, culture, gender, sexual orientation, age or religion
Political, labor, military, veteran’s, international or fraternal organizations
Programs administered by religious organizations for religious purposes
Debt retirement or funding of any activity that is already completed
Contests, Competitions, Athletics, Pageants, or Talent Contests
A 509(a)(3) Type III supporting organization charity
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.
