Best Grants for Capital Funding in Indiana

Healthcare organizations and institutions in Indiana seeking support for medical education, patient education, or healthcare improvement initiatives can apply for grants from Eli Lilly And Company Foundation. With a mission to advance patient care, the foundation provides funding for accredited continuing education, advocacy, and implementation projects in immunology, endocrine, neuroscience, and oncology.

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.

Indiana community development and human service nonprofits can access funding through Lilly Endowment for projects that enhance quality of life, including neighborhood revitalization, housing, arts, culture, and basic human needs. Organizations in Indianapolis and across Indiana, especially those serving residents facing poverty or other challenges, may be competitive for capital and program-related support.

Nonprofit 501(c)(3) organizations in Northeast Indiana serving children or adults with intellectual, developmental, or physical disabilities can apply for Mighty Money Mini Grants up to US $5,000 to support programs, capital needs, or operations. WindSwell Foundation accepts applications year-round with decisions within 30 days, which may benefit Indiana groups seeking capital funding boosts.

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.

Established 501(c)(3) nonprofits and public agencies undertaking capital, equipment, or programmatic projects that primarily serve Southern Indiana residents can seek support, including in Clark, Floyd, Harrison, Scott, Switzerland, Washington, and Jefferson County, KY. Grants from Paul Ogle Foundation help organizations addressing economic development, human needs, community revitalization, and cultural or historic preservation, with pre-approved requests accepted year-round.

Nonprofit 501(c)(3) organizations serving vulnerable people in Clark County, Indiana can receive US $25,000 - US $250,000 for a wide range of program, capital, or operating needs. Grants from Legacy Foundation of Kentuckiana help Indiana social justice, poverty alleviation, immigrant, senior, disability, and related human services organizations, with LOIs due in May and October for fall and spring cycles.

Nonprofit 501(c)(3) and 509(a) public charities planning capital, start-up, technology, or program expansion projects in the 10-county Tri-State area, including eastern Indiana, can seek US $100,000 grants for culture, education, environment, family, or health and wellness initiatives. Impact 100 supports defined-duration projects with measurable goals that address clear community needs.

Nonprofit 501(c)(3) and 509(a) public charities in central Indiana can access funding through Impact 100 Greater Indianapolis to launch or expand time-limited, measurable programs, including capital projects tied to direct services. Grants of US $100,000 support initiatives in arts, education, environment and animal welfare, family services, and health and wellness across eight Indianapolis-area counties.

Indiana humane societies, animal welfare nonprofits, spay/neuter clinics, wildlife rehabilitation centers, and educational institutions can access funding through the Kenneth A. Scott Charitable Trust for projects improving companion animal and native wildlife care. Grants may support adoptions, behavior training, humane and wildlife education, medical and wellness care, spay/neuter, equipment, and other animal care initiatives; capital projects are excluded.

Private nonprofits and eligible public bodies in Indiana focused on transportation for seniors and individuals with disabilities can apply for capital funding from the Ohio-Kentucky-Indiana Regional Council of Governments to purchase paratransit vehicles and equipment. Organizations serving Dearborn County may be eligible if listed in the OKI Coordinated Public Transit – Human Services Transportation Plan.

Indiana 501(c)(3) nonprofits serving children, youth, and young adults with disabilities or significant economic barriers can seek capital, operating, or limited endowment support benefiting the Greater Cincinnati area. The Daniel and Susan Pfau Foundation, via Greater Cincinnati Foundation, prioritizes programs in eligible counties that advance education, health, cultural experiences, social welfare, arts, and recreation.

501(c)(3) nonprofits in Northeast Indiana serving children and adults with intellectual, developmental, or physical disabilities can apply for WindSwell Foundation’s Traditional Grants to support programs, operations, or capital campaigns. Projects must align with priorities such as housing, transportation, education and employment, early diagnosis and system navigation, or social enrichment in eligible counties.

Nonprofit and charitable civic organizations funding capital projects or program expenses that benefit residents of Crown Point, Cedar Lake, Lowell, or Winfield in South Lake County, Indiana may be eligible. With a mission to enrich community life, Crown Point Community Foundation supports a broad range of local needs, emphasizing strong community impact and volunteer involvement.

Nonprofit organizations in northeast Indiana focused on whole-person health can seek more than US $5,000 to support wellness in body, mind, and spirit. Lutheran Foundation supports mental health, healthcare access, and preventative care by funding programs that empower vulnerable individuals, expand services for underserved populations, and strengthen family resilience, including some capital projects.

Nonprofit organizations and government agencies serving PK–12 children and young adults with education programs in Indiana’s Dearborn County can seek support for capital improvements, new or expanded initiatives, capacity building, or general operations. Focused on student mentoring, tutoring, SEL, college and career exploration, and academic success, Greater Cincinnati Foundation offers grants up to US $50,000.

Carl Marshall and Mildred Almen Reeves Foundation provides Indiana 501(c)(3) nonprofits with capital and project funding, emphasizing Columbus and Bartholomew County. Grants support local organized charities, especially in education, history, the arts, and eye disease-related work, and must be used for projects or capital expenditures rather than ongoing operating or administrative costs.

Nonprofit 501(c)(3) organizations offering educational or youth and family programs, including capital needs, in Indiana’s Dearborn County and the Greater Cincinnati region can apply for funding; awards range from US $5,000 - US $15,000. With a mission to expand opportunities for underprivileged students, the Greater Cincinnati Foundation supports scholarships, innovative education programs, and related research.

Focused on transformational projects, Impact100 Southern Indiana invites Indiana 501(c)(3) organizations serving Clark, Floyd, or Harrison counties to apply for funding supporting programming, capital expenditures, or technical assistance/training. Eligible nonprofits with at least three years of financials can seek up to US $140,000 for arts, education, environment, family, or health and wellness initiatives.

Indiana 501(c)(3) libraries, educational institutions, hospitals, and clinics can seek capital and endowment funding for facilities, equipment, and innovative projects that enhance services. Focused on major capital initiatives, the Gladys Brooks Foundation supports projects where outside funding is limited and its grant will cover most costs or a distinct project component.

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.

Nonprofit 501(c)(3) and 509(a) organizations and government agencies serving Jefferson County residents in Indiana can apply for Community Foundation of Madison and Jefferson County’s competitive grants to support community services and related projects. Funding may assist one-time or pilot initiatives, capital needs beyond an applicant’s means, new services, or capacity-building efforts that benefit the local community.

Indiana 501(c)(3) nonprofits working to prevent or solve homelessness can apply for Mibor Foundation’s Mibor Realtor Foundation Grant; awards $5,000 to $20,000 for housing-based solutions and related services. Funding can support capital projects, general operations, case management, life skills programs, children’s resources, and expansion efforts in eligible central Indiana counties.

U.S. 501(c)(3) research institutions and medical centers can receive $2,500 - $125,000 for macular degeneration research projects and related capital needs. Carl Marshall and Mildred Almen Reeves Foundation prioritizes equipment and other capital expenditures, and Indiana organizations seeking capital funding for eye disease research may be strong candidates.

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.