Best Higher Education Grants in Indiana

The American Electric Power Foundation provides grants to 501(c)(3) organizations focused on educational improvement, particularly in STEM fields, and basic human services such as hunger and housing. Organizations must operate within AEP's service territory or have a broader beneficial purpose. The Foundation also supports social justice initiatives and environmental protection efforts. Eligible applicants must affirm compliance with anti-discrimination policies and demonstrate commitment to diversity and inclusion.

The Costco Wholesale Charitable Contributions program prioritizes support for children, education, and health services within local communities. Nonprofit organizations seeking assistance must be 501(c)(3) certified and focus on monetary requests. Applications are reviewed within 4-6 weeks, factoring in community needs and collaboration. However, Costco limits grants to 10% of the program budget and typically restricts organizations to one request per fiscal year. They do not fund individuals or direct aid for various specific purposes.

The Creag Foundation, established in 2009 in Woodinville, Washington, provides funding to innovative 501(c)(3) nonprofit organizations addressing social issues. Focused on smaller organizations, the foundation seeks to support those with unique approaches to improve the human condition. Eligible applicants must have held 501(c)(3) status for at least one year and present a new or previously unaddressed solution to societal challenges. Applications are by invitation only, encouraging creativity and passion in charitable work.

The DanPaul Foundation aims to enhance early childhood development by training teachers and parents, protecting children from abuse, and promoting social responsibility. They provide grants to non-profits for programs that focus on education, health, and welfare of youth. Key initiatives include scholarships, environmental education, and support for underprivileged children. Grant amounts range from a few hundred dollars to $15,000 annually, with a focus on impactful, community-driven projects.

The Environmental Justice Thriving Communities Grantmaking Program, led by The Minneapolis Foundation, supports community-based nonprofits in the Great Lakes region. With a focus on underserved communities, grants will total $40 million over three years, aiming to enhance environmental health, education, and resilience. The program prioritizes applications from federally recognized tribes and organizations with limited budgets, fostering inclusive community engagement and sustainable development. Eligible projects include environmental assessments, public health initiatives, and job training.

The Labcorp Charitable Foundation, a private 501(c)(3) entity, aims to enhance healthcare access and education for all. With grant opportunities focusing on food programs, healthcare services for underserved populations, and STEM initiatives, it seeks to support community health and well-being. Organizations eligible for funding must be U.S.-based and hold tax-exempt status. Requests are reviewed biannually, in March and September, to foster impactful community projects.

Letha's Youth Outdoors Fund Grant provides financial support for field trips that connect youth groups in Indiana with nature. Ideal for educators, this grant fosters outdoor learning experiences, emphasizing the importance of native plants and their habitats. Since 2008, it has enabled over 15,000 youth to explore environmental education centers and parks, especially those with limited access to such opportunities. Grants range from $50 to $700, covering transport and educational activities.

Lilly Endowment Inc. focuses on enriching the religious lives of Christians in the U.S. by supporting diverse congregations and theological education. It aims to foster community development, youth education, and public understanding of religion. The Endowment prioritizes initiatives that improve life quality in Indiana while considering national projects that align with its mission. Notably, it emphasizes nurturing the faith of young people and ensuring all congregations have capable leaders to meet contemporary challenges.

The Bank of America Foundation Sponsorship Program aims to enhance economic mobility and social progress in low- and moderate-income communities through partnerships with nonprofit organizations. This initiative focuses on critical areas such as workforce education, basic needs like food and housing, and community development. The Foundation invested $350 million last year and encourages employee volunteerism and giving, supporting nonprofits in various sectors, including arts, culture, and diversity initiatives.

Wells Fargo Community Giving supports nonprofit organizations focusing on financial health, housing affordability, small business growth, and sustainability. The grant cycle runs from February to October, inviting organizations with 501(c)(3) status or equivalent to apply. Funding is prioritized for programs addressing critical community needs, while limited support is available for local initiatives like disaster relief and arts. Organizations must demonstrate fiscal stability and potential impact to be considered for funding.

The Rural Business Development Grants in Indiana aim to enhance small rural businesses through technical assistance and training. Eligible projects must benefit rural areas and can include various uses such as business counseling, land acquisition, and pollution control. The program prioritizes smaller grant requests and offers no maximum funding limit. Funded by USDA Rural Development, it supports local entities like towns, nonprofit corporations, and educational institutions, fostering economic development and sustainability in rural regions.

The Joyce Foundation's Education & Economic Mobility Grants aim to close income and race disparities in college and career success. The foundation prioritizes equitable access to high-quality education, supporting policies for effective educators, high school graduation, and affordable college credentials. Focused on racial equity and economic mobility, it addresses the needs of historically underserved young people in the Great Lakes region and invests in research, policy development, and advocacy to help them recover from the COVID-19 pandemic.

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.

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.

The George and Frances Ball Foundation offers Quarterly Competitive Grants to support organizations with 501(c)(3) designations. These grants focus on capacity building in East Central Indiana, enhancing education, civic engagement, nature preservation, and the arts. Applications are accepted four times a year, with deadlines on January 21, April 9, July 8, and November 5. Successful applicants can expect a decision within 6–8 weeks of the submission deadline, fostering community improvement and support.

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.

The Ball Brothers Foundation offers general grants to organizations in Indiana, particularly focusing on Muncie and Delaware County. The foundation emphasizes support for arts, education, environment, health, human services, and public benefit initiatives, aiming to enhance community engagement and well-being. By fostering creativity, educational excellence, and environmental stewardship, the foundation seeks to strengthen the region's cultural and social fabric, while also addressing pressing community needs and encouraging collaborative efforts among local organizations.

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 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 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.

The J.W. Couch Foundation Grant focuses on supporting Wildlife Conservation nonprofit organizations that align with their mission of community betterment and environmental protection. The foundation seeks partnerships with organizations that promote animal wellbeing, early childhood education, teacher support, and outdoor activities. Eligible applicants must be registered 501(c)3 nonprofits or for-profit entities aligned with their charitable programs. This grant emphasizes collaboration and community engagement to create lasting impacts.

The Community Facilities Grant Program in Indiana offers funding for essential community facilities in rural areas, benefiting local residents and non-profit organizations. Eligible areas include rural communities with populations up to 20,000, where funds can support projects like healthcare, public safety, education, and local food systems. Grant assistance percentages vary based on population and median income, providing greater support for those in need, ensuring sustainable community development and essential services.

The Women's Giving Circle Grant Program supports organizations that empower women and children in Jefferson County, Indiana. This competitive grant initiative focuses on education, economic empowerment, health, and violence prevention. By funding projects that prepare children for school, enhance women's financial management, improve healthcare access, and reduce violence, the program aims to make a significant impact. Grants are awarded based on community needs and legal requirements, prioritizing initiatives that foster collaboration and sustainability.

The Betty Ann McCullough Enrichment Project Grants Program, managed by the Community Foundation Alliance, provides funding and challenge grants to schools and educational organizations in Gibson County, Indiana. This initiative aims to enhance educational opportunities in mathematics, science, and language arts for both youth and adults. Proposals are reviewed by the McCullough Education Committee and must align with community needs to be considered for funding.

The O'Reilly Automotive Foundation Grant focuses on enhancing community welfare through philanthropic initiatives that support economic stability, workforce development, health services, and disaster relief. Established in 2020, the Foundation seeks to empower underrepresented individuals and organizations in the U.S. by addressing vital community needs. It particularly aims to provide assistance to nonprofits that foster positive change and improve quality of life for those in need, ensuring a lasting impact in local communities.

The Hayner Foundation, established in 1966 by John and Mary Inez Hayner, aims to support charitable, religious, and educational initiatives in Allen County, Indiana. With no specific program limitations, it primarily focuses on the arts, scholarships, and scientific research at higher education institutions. The foundation awards about 15 grants annually, reviewed during their annual meeting, and prioritizes requests from eligible 501(c)(3) organizations, especially those related to educational scholarships and scientific equipment.

The Statewide Capital Projects Initiative Grant provides essential funding to nonprofit organizations in Indiana, aiming to enhance health and human services. With a total of $80 million available in matching capital grants, the initiative supports projects that improve community facilities. It offers two funding tiers, catering to varying project complexities and encourages partnerships for successful implementation. All applicants must demonstrate a commitment to delivering vital services, ensuring that resources are allocated effectively to benefit local communities.