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Old National Bank (ONB) Foundation Grants

Grants to USA Nonprofits in Multiple States
for Covid-19 Related Community Development Programs

Agency Type:

Foundation / Corporation

Funding Source:

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Old National Bank (ONB) Foundation

Deadline Date:

08/13/20 12:00 PM Noon CST / 1:00 PM EST

Description:

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Grants to Indiana, Kentucky, Illinois, Minnesota, Michigan, and Wisconsin nonprofit organizations to positively impact communities affected by Coronavirus (Covid-19) where the funding source has a business presence. Applicants requesting support for capital campaigns or large-scale initiatives must contact program staff prior to applying. Program areas include affordable housing, economic development, financial literacy, workforce development, and education. Foundation grants are limited to organizations that have their main office located in a community in which an Old National Bank is located.

With the impact of COVID-19Old National Bank Foundation will give priority consideration to applicants who are providing services dedicated to community stabilization and recovery within the funding priorities beginning with the April 15, 2020 grant cycle.

The Old National Bank Foundation believes that social responsibility is essential to fostering vibrant, sustainable communities. The Foundation realizes this belief through strategic partnerships with charitable organizations addressing defined community needs.

Old National Bank Foundation will foster communities that strive for impactful economic development, excellence and equity in education, and improved quality of life.

Funding targets innovative programs that enhance the quality of life within local communities. Priority consideration is given to programs that target low- to moderate-income families. Examples of funding priorities with
measurable outcome focus areas include:

Affordable Housing

  • Increase homeownership opportunities
  • Promote multi-family housing developments
  • Enhance neighborhood stabilization and vitality
    through home revitalization and repairs

Economic Development

  • Increase neighborhood revitalization initiatives
  • Strengthen community resource infrastructure
  • Increase business development and growth

Workforce Development

  • Build skills/knowledge and improve achievement gain
  • Increase entrepreneurship initiatives and business
    coaching/training
  • Increase job creation, employment entry, and retention

Education Achievement

  • Improve educational readiness and achievement
  • Increase access to quality education
  • Increase access to impactful mentoring programs

GrantWatch ID#:

GrantWatch ID#: 141579

Estimated Size of Grant:

The average annual grant amount is $10,000.

Additional Eligibility Criteria:

Nonprofits applying for a Foundation Grant must be tax exempt under Section 501(c)(3) and recognized as public charity under Code Section 509(a) and in good standing. (If an organization is exempt under Section 509(a)(3), it must be Type I or Type II.)

Foundation Grants are limited to organizations that have their main office located in a community in which an Old National Bank is located.

Priority consideration will be given to organizations that have not received significant sponsorship dollars from Old National in the same calendar year as their Foundation grant request. In an effort to allow enough time for outcomes to be fully realized, a minimum 12-month waiting period is required for previous Foundation grantees. While applicants are eligible to apply 12 months after final payment and all reporting is received, priority consideration is given to applicants who have not received funding in the previous two years.

Restrictions: https://www.oldnational.com/docs/default-source/foundation/onb-foundation-guidelines-and-faq.pdf#page=3

Pre-Application Information:

The anticipated application period for the board meetings are listed below:

-Board Meetings: March 18, 2020
-Application Period: Jan 6 – Jan 30 at 12:00 Noon CST/1:00 EST (no exceptions)

-Board Meetings: June 17, 2020
-Application Period: April 15 - May 14 at 12:00 Noon CST/1:00 EST (no exceptions)

-Board Meetings: September 16, 2020
-Application Period: July 14 - Aug 13 at 12:00 Noon CST/1:00 EST (no exceptions)

Applicants should expect a period of up to 12 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.

Large-scale initiatives or capital campaigns will be accepted by invitation only.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Apply for a grant:
https://oldnational.smartsimple.com/

grantsandsponsorships@oldnational.com

Grant Coverage Areas:

Foundation Grants are limited to organizations that have their main office located in a community in which an Old National Bank is located:
https://www.oldnational.com/locations

URL for Full Text (RFP):

Geographic Focus:

USA: Illinois;   Indiana;   Kentucky;   Michigan;   Minnesota;   Wisconsin

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