1st Source Foundation Grant

1st Source Foundation Grant

Status: ACTIVE
Funder: 1 St Source Foundation
Last Updated: March 08, 2026

Summary

The 1st Source Foundation Grant aims to enhance the quality of life in communities by supporting established 501(c)(3) organizations. Focused on social welfare, education, arts, and economic development, the foundation emphasizes partnerships with successful nonprofits to maximize impact. Applicants must provide financial documentation, including a recent 990 form. The foundation prioritizes proven organizations over new ones, seeking to ensure effective resource utilization and community benefit through collaborative efforts.

Overview

NOTE: Applicants will be notified of our decision on their requests within 30 days following the spring or fall Foundation Board of Directors’ meeting. Mission Working to enhance and strengthen the social, economic, and cultural fabric of our communities through a commitment of providing financial resources – helping to improve the quality of life for those who live, work, raise families, and build businesses in our communities. We do this by: Supporting those organizations which have established and demonstrated their ability to make a fundamental difference.Promoting local development efforts and sound business purposes.Serving as a good corporate citizen. Focus 1st Source Foundation provides support to organizations working in the following areas: Social welfare and human services Education Arts and culture Community and economic development Strategy To make the most productive, efficient, and effective use of resources, we prefer to financially support established organizations that reach larger segments within the communities that 1st Source serves. We believe strongly in the United Way concept, seeking whenever possible to partner with private and public entities to maximize the collective impact of our efforts. To that end, 1st Source Foundation also works in concert with 1st Source Bank, among others, to ensure the widest possible needs are being met through collective contributions, sponsorships, and support programs.

Eligibility

You can learn more about this opportunity by visiting the funder's website. Applicants must be 501(c)(3) tax-exempt organizations as defined by Section 170 of the Internal Revenue Code (1954) as amended.A copy of your most recently filed 990 form (or letter of determination) is required, along with your W-9.