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Find similar grants1st Source Bank Foundation Grant is sponsored by 1st Source Bank Foundation. Supports established organizations in Northern Indiana and Southwestern Michigan that focus on education, social welfare, and community development.
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1st Source Bank Foundation - 1st Source Personal Home Open Personal Personal Home Sub Menu Banking Open Personal Banking Sub Menu Borrowing Open Personal Borrowing Sub Menu Planning Open Personal Planning Sub Menu Help & Support Open Personal Help & Support Sub Menu Talk With Someone: (574) 235-2000 Toll Free: (800) 513-2360 Business Home Open Business Business Home Sub Menu Banking Open Business Banking Sub Menu Business Checking Accounts Business Savings Accounts Borrowing Open Business Borrowing Sub Menu Services Open Business Services Sub Menu Help & Support Open Business Help & Support Sub Menu Business Banking Online Support: (800) 399-5592 General Guidance: (574) 235-2003 You 1st Home Open You 1st You 1st Home Sub Menu Financial Education Open You 1st Financial Education Sub Menu Straight Talk And Sound Advice™ Open You 1st Straight Talk And Sound Advice™ Sub Menu Calculators Open You 1st Calculators Sub Menu Community Open You 1st Community Sub Menu 1st Source Bank Foundation In collaboration with 1st Source Bank, we support the success of the communities we serve.
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. 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.
1st Source Bank Foundation provides support to organizations working in the following areas: Social welfare and human services Education, Arts and culture Community and economic development 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 Bank 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.
Applicants will be notified of our decision on their requests within 30 days following the spring or fall Foundation Board of Directors’ meeting. Funding as a single grant or as a series of distributions over time will be determined at the time of approval and explained at the time of acceptance.
1st Source Bank Foundation receives funding requests from many worthy causes; however, due to budgetary reasons they may be declined even when the request falls into one of the focus areas. This does not in any way reflect on the value of the organization involved or its programs. 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. Our preference is to partner with nonprofits that have proven themselves successful in achieving their mission, rather than funding new organizations. We seek demonstrable success.
• Define the need or problem you will be addressing. • Describe why this problem should be of concern to 1st Source. • Specifically describe your client base and geographic area of activity.
• Discuss how your efforts will sustain, enhance or improve existing services. • Discuss if and how your efforts complement the work of other agencies, or how you partner with them. • Provide a full description of your project with measurable goals, timelines, and objectives.
• Explain how you plan to achieve those goals and evaluate your success. • Be prepared to report periodically on measurable results if chosen as a recipient. Indicate the amount of your request and how Foundation funds will be used.
• Discuss your project’s budget. • List other contributors to the project and the level of support they are providing, especially your Board of Directors. • Indicate whether you receive United Way funding and what percentage of your budget is derived from this source.
• Provide appropriate financial statements and organizational Structure. • Describe your organizational structure and size. • List your executive staff and board of directors.
• Detail the nature and level of their involvement. • Describe any 1st Source personnel that serve on the board or volunteer with you. A formal request in writing must be received by April 25 or September 25 for review by our Board of Directors.
If the 25th falls on a weekend, then the deadline will be the following business day. Two (2) printed copies must be received by the due date at the following address: 1st Source Bank Foundation Attention: Ann Rathburn-Lacopo 1st Source Bank Foundation 1st Source Bank Routing Number
Based on current listing details, eligibility includes: 501(c)(3) tax-exempt organizations in Indiana and Michigan communities served by 1st Source Bank; preference for established organizations with proven track record. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $2,000 - $20,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.