Caring for our clients means being an active and dynamic partner in the cities and towns we serve.
Through the Old National Bank Foundation, we partner with organizations that improve quality of life in the areas where our clients, associates and shareholders live and work.
Yes. Applications for the Developing Partnerships and Habitat for Humanity Grants Programs will be accepted starting the first week of January 2017.
The anticipated application period for the board meetings are listed below:
Board Meetings/Application Period
March 22, 2017/Jan 3-Feb 6 at 12:00 Noon CST/1:00 EST (no exceptions)
June 14, 2017/Mar 27-Apr 28 at 12:00 Noon CST/1:00 EST (no exceptions)
September 13, 2017/June 19-July 21 at 12:00 Noon CST/1:00 EST (no exceptions)
Applicants should expect a period of up to 8-10 weeks from application deadline to final decision-making. Grants are awarded on a competitive basis and, if approved, the grant amount may be lower than your original request. Current grantees must wait 12 months after final payment before submitting another grant application.
Our grant cycles are open for approximately 25 - 30 business days. Please submit your grant application well before the deadline to ensure receipt of your application.
While we appreciate our business relationships and take tremendous pride in serving our clients, the Internal Revenue Service stipulates that we may not factor business relationships into the equation when making Foundation grant award decisions to avoid self-dealing practices.
All organizations and requests are evaluated using the same criteria, which include an assessment of the organization and the initiative’s objectives, community-wide impact, measurable outcomes and volunteer opportunities. Priority consideration is given to requests that reflect the mission and vision of the Foundation and target our primary focus areas.
Sponsorship decisions, however, do factor in business account relationships, along with partnership, community impact and volunteer opportunities. These decisions are made at a regional level.
Foundation grants are provided to IRS designated 501 (c)(3) non-profit organizations. Grants are charitable donations used to fund initiatives that are large in scope and impact.
Regional sponsorships are monetary contributions given in support of events or activities in exchange for advertising and/or publicity. Sponsorships provide a direct benefit to Old National Bank. These decisions are made at a regional level.
Developing Partnerships grant application is open to nonprofit organizations that are located
within our corporate footprint and are seeking to carry out programs related directly to our funding priorities, mission and vision. Applicants should expect a waiting period of up to 8-10 weeks from submission to final decision making.
Habitat for Humanity 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. Applicants should expect a waiting period of up to 8-10 weeks from submission to final decision making.
Aside from the annual meeting in January, the Foundation Board anticipates meeting mid-March, mid-June and mid-September.
All grant applications that are approved for funding will require the following:
Note: Beginning in 2017, we have made some enhancements to our online grant applications with greater emphasis on measurable outcomes. Therefore, semi-annual reporting will also be required. These requirements are to be submitted in a timely manner. Overdue requirements can affect scheduled payments as well as future funding.