Old National Bank Foundation Grants

Old National Bank Foundation Grants

Status: ACTIVE
Funder: Old National Bank
Amount: Approximately US $15,000
Last Updated: December 27, 2025

Summary

The Old National Bank Foundation offers grants to nonprofit organizations for community impact initiatives across Indiana, Illinois, Kentucky, Tennessee, Michigan, Minnesota, Iowa, and Wisconsin. Focused on four key areas—Affordable Housing, Workforce Development, Economic Development, and Financial Empowerment—the foundation prioritizes programs that support underrepresented communities. Organizations must have 501(c)(3) status and align with the foundation’s funding priorities to qualify for grants, which can be applied for every two years.

Overview

Old National Bank Foundation The Old National Bank Foundation makes contributions to nonprofit organizations to fund widespread community 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, Tennessee, Michigan, Minnesota, Iowa and Wisconsin. We believe in supporting where our clients, team members and shareholders live and work. Funding Priorities Our funding targets innovative programs that enhance the quality of life within our communities in support of the following four strategic initiatives: Affordable Housing, Workforce Development, Economic Development, and Financial Empowerment. We prioritize programs that serve underrepresented communities and low- to moderate-income people. Examples of funding priorities with measurable outcome focus areas include: Affordable Housing Increase Homeownership Opportunities: We seek initiatives that enable individuals and families to purchase homes through accessible financing, down payment assistance, and homeowner education.Support Critical Home Repairs and Revitalization: We fund programs that ensure safe, habitable housing by assisting with essential repairs for homesPromote Multi-Family Housing Developments: We prioritize programs that develop or sustain affordable rental units Economic Development Small Business Development and Growth: We aim to support programs that help small businesses scale, access resources, and build sustainable growth plans.Capacity Building for Technical Support: We encourage projects that enhance the capability of organizations offering technical support to small businesses and nonprofits.Entrepreneurship and Business Coaching: We support programs that offer entrepreneurship education, business coaching, and professional development for new or aspiring business owners. Financial Education Old National Bank’s Real-Life Finance e-learning curriculum provides robust financial education training for community partners Workforce Development Access to Apprenticeship and Work-Based Learning: We support workforce readiness through initiatives offering hands-on training, particularly in trades and high-demand fields.Job Creation, Employment Entry, and Retention: We support projects that connect individuals to stable employment and increasing levels of income. This can include higher education with dual credentialing, leadership and professional development Financial Empowerment Financial Wellness: We fund long-term initiatives that reduce barriers to banking and credit access, especially for underbanked groups. This can include culturally relevant and multilingual outreach, foreclosure prevention, and credit counseling with the goal of financial independenceCommunity Lending Access: We support organizations that provide access to affordable microloans, emergency loans, and community cooperative lending as safe and sustainable alternatives to predatory loans

Eligibility

We've imported the main document for this grant to give you an overview. You can learn more about this opportunity by visiting the funder's website. 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 ONB’s footprint and serve the communities where we operate Organizations can apply for funding every two years provided final reporting from any previous grants is complete. For example, if awarded a grant in 2025 the organization may reapply in 2027.We seek programs/initiatives with close alignment to our funding priorities that have clear, measurable goals and outcomes, and plans for long-term sustainability.

Ineligibility

The ONB Foundation does not provide funding for the items or organizations below. This is not an exhaustive listing. Additional restrictions may also apply.Short-term programs, summer camps/programs, field trips, athletic facilities or equipment, and playgrounds/equipmentMeals, tickets, dues, memberships, fees, travel, tuition,subscriptions, and other tangible benefitsMeetings, conferences, workshops including continuing educationDebt retirement or funding of any activity that is already completedA 509(a)(3) Type III supporting organization charity or private foundationsPrevious grantees who have not submitted required reportingScholarly or medical researchIndividuals Feasibility studies, project research or development phases, including the costs of hiring consultants or plannersSponsorships, fundraisers, races, telethons, marathons, benefits, banquets, galas, golf tournaments, festivals, or other eventsOrganizations that discriminate based on race, culture, gender, sexual orientation, age, or religionPolitical, labor, international or fraternal organizationsPrograms administered by religious organizations for religious purposesChildcare fees/subsidies or K-12 tuitionContests, competitions, athletics, pageants, or talent contests Endowments, scholarships to individualsPrograms provided outside of our banking footprint