Best Grants for Capital Funding in Indiana

The Eli Lilly and Company Foundation provides grants to organizations focused on advancing patient care through healthcare-related education and initiatives. With a commitment to independence and scientific accuracy, Lilly supports medical education, patient advocacy, and healthcare improvement initiatives. The foundation emphasizes projects that demonstrate sustainability and scalability, ensuring that grant requests align with their high standards and ethical guidelines. Applications should be submitted well in advance to maximize consideration for funding.

Historic preservation 501(c)(3) organizations and government agencies partnering with a 501(c)(3) in Indiana can seek US $5,000 - US $50,000 for Historic Structure Reports through the Jeffris Heartland Fund. Jeffris Family Foundation supports planning for nationally or statewide significant sites, covering up to 50% of report costs with a required dollar-for-dollar cash match.

The Knight Foundation Fund for Gary, Indiana aims to revitalize downtown by attracting and retaining talent, enhancing economic opportunities, and reducing blight. By investing in local entrepreneurship and community engagement, the foundation focuses on bridging economic divides and fostering a vibrant urban core. Eligible projects must target the Gary area and align with the foundation’s mission to support informed and engaged communities. Priority will be given to initiatives that strengthen connections to key local assets.

The Lilly Endowment Community Development Grant aims to enhance the quality of life in Indianapolis and across Indiana, supporting initiatives that foster strong neighborhoods, arts, and human services. With a focus on charitable entities, the Endowment prioritizes projects that address societal challenges, especially for communities of color. Organizations interested in funding must submit a preliminary letter detailing their project and funding needs, adhering to guidelines that emphasize local community impact.

The Mighty Money Mini Grant from the AWS Foundation aims to empower individuals with intellectual, developmental, and physical disabilities in Northeast Indiana. By providing quick funding to 501(c)(3) organizations, this initiative supports innovative ideas that enhance community inclusion, education, and accessibility. The grant focuses on initiatives such as social enrichment, education, transportation, early diagnosis, and housing, ensuring that these individuals can live independently and thrive within their communities.

What does this program do?

It provides loans and grants to Microenterprise Development Organizations (MDOs) to:

• To help microenterprises startup and growth through a Rural Microloan Revolving Fund.
• Provide training and technical assistance to microloan borrowers and micro entrepreneurs.

Are there other requirements?

Microenterprise Development Organizations must demonstrate experience in managing a Revolving Loan Fund, or:

• Certify that it or its employees have received education and training from a qualified microenterprise development training entity so that the applicant has the capacity to manage such a revolving loan fund.
• Demonstrate that it is actively and successfully participating as an intermediary lender in good standing under the U.S. Small Business Administration (SBA) Microloan Program or other similar loan programs as determined by the Administrator.

What kind of funding is available?

• Grants are available to provide technical assistance to rural micro-entrepreneurs or microenterprises, up to $205,000 annually.
  • Funding at the requested level is not guaranteed, and at least 15 percent matching funds are required.
• Loans of $50,000 to $500,000 may be used for establishing a Rural Microloan Revolving Fund managed by the Microenterprise Development Organization.
  • Total aggregate debt is capped at $2.5 million.

What are the loan terms?

• Maximum term is 20 years.
• Two-year payment deferral.
• Must establish a loan loss reserve fund.

What terms are required on loans to ultimate recipients?

• Up to $50,000.
• Fixed interest rate.
• Limited to 75 percent of project cost.

How may the funds be used?

Microlenders may make microloans for qualified business activities and expenses including, but not limited to:

• Working capital.
• Debt refinancing.
• Purchasing equipment and supplies.
• Improving real estate.

Nonprofit 501(c)(3) organizations with operating budgets under $10 million can apply for the Elsa Heisel Sule Charitable Trust’s grants of more than US $20,000 to support programs and projects within 60 miles of downtown Cincinnati, including parts of Indiana. Funding favors program and project costs, with limited support for capital campaigns after consultation.

The Paul Ogle Foundation Grant aims to support nonprofit organizations in Southern Indiana that demonstrate a strong community impact. By focusing on areas such as economic development, human needs, regionalism, and preservation, the Foundation seeks to enhance the quality of life for residents. Organizations must fit specific eligibility criteria and show evidence of sound financial practices. This grant fosters collaborations to address community needs effectively and sustainably, reflecting the Foundation's commitment to strategic philanthropy.

The Legacy Foundation of Kentuckiana Grant supports 501c3 nonprofit organizations in specific counties of Kentucky and Indiana, with a focus on improving health and advancing social justice for vulnerable populations. They offer funding ranging from $25,000 to $500,000, encouraging impactful proposals while engaging in relational philanthropy. Interested organizations must submit a Letter of Interest, with cycles in May and December, to explore potential alignment and funding opportunities.

Impact100 Cincinnati empowers women to enhance lives in Greater Cincinnati by funding transformative grants focused on culture, education, environment, family, and health. They aim to address community needs with measurable goals, ensuring grants are utilized effectively over 1-3 years. Eligible organizations must be 501(c)(3) charities and align projects with the mission of Impact100. The initiative fosters collaboration while prohibiting funding for operating costs, travel, and faith-based advancements.

Impact 100 Greater Indianapolis is a charitable women's giving circle focused on awarding impactful grants to nonprofits in various sectors such as arts, education, environment, family, and health. The initiative aims to foster community engagement by funding innovative solutions to social challenges. This organization values integrity, collaboration, and inclusivity, ensuring all community members have access to essential services. By supporting diverse projects, Impact 100 strengthens the fabric of the Indianapolis community and enhances the quality of life for its residents.

The Kenneth A. Scott Charitable Trust offers grants aimed at enhancing the lives of animals in the Ohio/Great Lakes region. It prioritizes projects that foster animal adoption, behavior training, and humane education. Eligible organizations must be 501(c)(3) certified and demonstrate a commitment to animal welfare. The Trust seeks innovative, collaborative initiatives that significantly improve the well-being of animals, particularly in underserved communities, ensuring a high quality of life for both individual animals and larger populations.

The Enhanced Mobility of Seniors and Individuals with Disabilities (Section 5310) program aims to improve transportation options for seniors and individuals with disabilities by removing barriers to access. It provides federal funds for necessary services, including vehicle purchases for paratransit. Eligible applicants include private nonprofits and local authorities approved to coordinate such services. This initiative enhances mobility for essential activities like employment, medical appointments, and grocery shopping, ultimately supporting community integration and independence.

The Daniel and Susan Pfau Foundation, established in 1994, focuses on enhancing education, health, cultural experiences, and social welfare for youth with disabilities and economic challenges in the Greater Cincinnati area. It supports arts organizations and recreation initiatives, prioritizing programs that help young individuals realize their potential. Eligible applicants must be recognized 501(c)(3) nonprofits and demonstrate benefits to specific counties in Ohio, Kentucky, and Indiana. The Foundation encourages collaboration with other donors for project funding.

The AWS Foundation offers Traditional Grants aimed at supporting organizations in Northeast Indiana that assist individuals with intellectual, developmental, and physical disabilities. These grants provide funding for various programs, capital needs, and operations that align with their mission of promoting independence and community inclusion. Organizations must be 501(c)(3) and serve specific counties to qualify. The foundation values innovative approaches that significantly impact the lives of beneficiaries.

The Crown Point Community Foundation aims to enhance the quality of life in South Lake County by funding diverse community projects. It focuses on maximizing charitable contributions and ensuring financial assistance meets specific community needs. The Foundation supports non-profit organizations through grants for programs that benefit local residents, while adhering to guidelines that emphasize community impact, volunteer involvement, and fiscal responsibility. This initiative fosters collaboration and positive change within the communities of Crown Point, Cedar Lake, Lowell, and Winfield.

The Lutheran Foundation offers Community Grants to support whole-person health initiatives in northeast Indiana. Eligible organizations can apply for a minimum of $5,000 to address focus areas such as mental health awareness, early screening, and access to care for the uninsured. The foundation prioritizes projects that enhance community resilience and well-being. Organizations must be located in specific counties and hold 501(c)(3) status. Applications are limited to one per year per organization, ensuring focused impact.

The Greater Cincinnati Foundation's Building Bright Futures: Education initiative aims to empower children and young adults by funding innovative programs that foster academic success. This inaugural grant cycle focuses on evidence-based solutions that enhance mentoring, tutoring, and socio-emotional development. Eligible organizations must demonstrate a commitment to high-quality education in the Greater Cincinnati region. Funding can support new initiatives, program expansions, or operational support, ensuring every child has the opportunity to thrive.

The Carl Marshall and Mildred Almen Reeves Foundation, established in 1997, supports local organized charities in Columbus, Indiana. Grants are aimed at nonprofit organizations focused on education, history, and the arts. Eligible applicants must be 501(c)(3) organizations, with an emphasis on projects rather than operational costs. The foundation seeks to enhance community engagement by requiring matching funds from other sources. This commitment honors the philanthropic legacy of Mrs. Mildred Reeves, who deeply valued local community support.

The Donald C. and Laura M. Harrison Family Foundation, established in 2006, aims to enhance educational opportunities for underprivileged students in the Greater Cincinnati area. With a focus on innovative programs and scholarships, the foundation supports initiatives in primary, secondary, and adult education. Grants range from $5,000 to $15,000 annually, promoting sustainability and collaboration with other donors. Eligible applicants must be IRS-designated 501(c)(3) organizations, prioritizing local community impact.

Impact100 Southern Indiana invites nonprofit organizations serving Clark, Floyd, and Harrison counties to apply for a grant aimed at fostering transformational change. Eligible organizations must be tax-exempt and demonstrate a commitment to community impact. Grants, ranging from $50,000 to $140,000, will be awarded to projects in areas such as arts, education, and health. Applications are due by July 8, 2025, and priority will be given to those addressing under-served populations.

The Gladys Brooks Foundation supports innovative projects in libraries, education, hospitals, and clinics. Grants focus on resource endowments, capital construction, and equipment aimed at improving public access to information and educational resources. Eligible applicants must be 501(c)(3) organizations located in specific states and demonstrate that projects will be funded primarily by the grant. Applications for direct salary support or research projects are not accepted.

Rural public entities in Indiana, including towns, nonprofits, higher education institutions, tribes, and eligible cooperatives, can access funding for small business support and capital projects such as land acquisition, building construction or renovation, equipment, and infrastructure. Grants from USDA Rural Development help rural communities advance business development, community and technology-based economic development, transportation, and strategic planning; awards range from US $10,000 - US $500,000.

The Community Foundation of Madison and Jefferson County (CFMJC) supports grant-making to organizations that benefit Jefferson County residents. Since 1991, it has funded diverse causes such as education, health, and welfare. CFMJC prioritizes projects that demonstrate preventative measures and collaboration among organizations while ensuring legal compliance. Grants are not available for political activities or sectarian purposes. This initiative encourages impactful contributions from generous donors to enhance community well-being.

The Mibor Realtor Foundation Grant, offered by the Mibor Foundation Inc, aims to combat homelessness in central Indiana by funding 501(c)(3) non-profits. Since its inception, the Foundation has allocated over $3 million to support organizations that provide permanent housing solutions. Eligible entities can request funding up to $20,000, with typical awards ranging from $5,000 to $15,000. The Foundation prioritizes proven housing-based solutions linked with comprehensive support services.

The Reeves Foundation supports research aimed at understanding and treating macular degeneration, a condition that has personally affected the founder's family. Established in 1997, the foundation allocates 50% of its grants to research and the other half to local charities in Columbus, Indiana. Nonprofit organizations exempt under IRS code 501(c)(3) are eligible to apply, but funds cannot be used for administrative costs. The foundation prioritizes equipment purchases and partnerships with other funding sources.

Nonprofit 501(c)(3) organizations in Indiana that directly deliver essential health and human services can seek matching capital grants of US $50,000 - US $1,500,000 for real estate, construction, renovation, and related equipment. Focused on expanding critical community services, United Way of Marshall County supports projects like childcare centers, food assistance facilities, housing, and mental health spaces.