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1st Source Bank Foundation Grant is a corporate philanthropy program from 1st Source Bank Foundation that funds established nonprofit organizations serving communities in Indiana and Michigan where 1st Source Bank operates.
The foundation supports a range of charitable purposes including education, social services, arts and culture, health, and community development, with preference given to organizations with a proven track record of impact. Eligible applicants are 501(c)(3) tax-exempt organizations based in or directly serving communities where 1st Source Bank has a presence. Awards range from $2,000 to $20,000.
There is no fixed application deadline; grants are reviewed on a rolling or annual basis.
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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
According to the current listing, 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. Confirm the full requirements in the official notice before applying.
The current listing shows $2,000 - $20,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
1st Source Bank Foundation Grant is funded by 1st Source Bank Foundation. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Indiana and Michigan. Check the official notice for exact location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
The Homeless Youth Program is a grant from the Illinois Department of Human Services that funds services for homeless and at-risk youth across Illinois. Administered through the Office of Community and Positive Youth Development, it supports nonprofit organizations delivering shelter, outreach, and support services to young people experiencing homelessness or housing instability. Eligible applicants are Illinois-based nonprofits with demonstrated capacity to serve youth. Awards range from $100,000 to $800,000 per year under CSFA number 444-80-0711. This is a FY 2026 funding opportunity with an application deadline of May 21, 2025.
Community Investment Tax Credit Program (CITC) is a grant from the Maryland Department of Housing and Community Development that provides state tax credit allocations to 501(c)(3) nonprofits, enabling them to attract private donations from individuals and businesses. Donors contributing $500 or more to approved projects receive tax credits equal to 50% of their contribution. The program has leveraged nearly $27 million in charitable contributions to approximately 700 projects statewide. Eligible project areas include education, housing, job training, arts and culture, economic development, and services for at-risk populations. Projects must be located in or serve residents of Maryland's Priority Funding Areas. The application period is typically held annually.
The Families First Community Grant Program is a competitive grant initiative from the Tennessee Department of Human Services (TDHS) offering approximately $27 million in funding to support nonprofit organizations serving low-income Tennessee families. Grants fund programs across four priority areas: education, health, economic stability, and family well-being, aligned with TANF goals of promoting self-sufficiency. Eligible applicants are 501(c)(3) nonprofits based in Tennessee that provide direct services to economically disadvantaged families. The 2025 application cycle closed July 10, 2025. This program reflects Tennessee's broader commitment to strengthening communities through strategic investment in local organizations that address the root causes of poverty.
Bank of America's Neighborhood Builders 2026 application closes July 1. The $300M-since-2004 program awards $100K–$400K plus a leadership program, but the 10-percent-of-revenue cap and market-eligibility rules quietly filter out most applicants before reviewers ever see a proposal.
Read articleFoundation Source's 2026 Giving Outlook reports $1.6 billion distributed across 71,000+ grants to 27,000+ recipients through September 2025, with private foundation clients contributing $1.5B and DAFs $89M. Midsize foundation grantmaking rose 13.6% in 2024, general operating support climbed to 40.3%, and grants to non-501(c)(3) entities grew from $39M to $51M. With the OMB Uniform Grants Regulation rewrite poised to make discretionary federal awards more politically conditional, private philanthropy is becoming the most adaptive funding channel in the sector. Here is how to read the shift.
Read articleFoundation Source's 2026 Giving Outlook shows private foundation and DAF clients distributed $1.6 billion in grants to 27,000+ recipients through September 2025 — with Education ($262M), Public/Societal Benefit ($146M), and Human Services ($139M) capturing the largest shares. The data confirms a measurable reallocation toward organizations facing federal funding gaps, with foundations loosening criteria to backfill program revenue lost to research grant terminations and Department of Education freezes. Grant writers calibrating their FY26 pipelines on 2023 foundation behavior are working off outdated assumptions.
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