Fifth Third Bank Foundation Opens Grant Applications for Change
Fifth Third Bank Foundation Grant Application Process
Fifth Third Bank has been a steadfast supporter of charitable initiatives for over a century, helping various foundations enable good in communities across the nation. The journey began with the visionary Jacob G. Schmidlapp, who established the Jacob G. Schmidlapp Trust back in 1903. This legacy of giving continues today through the efforts of the Foundation Office at Fifth Third Bank.
Commitment to Community Empowerment
In alignment with its mission to enhance community welfare, the Foundation Office announces that from October 1 to November 22, grant applications will be accepted from organizations situated in several regions. Grants are slated for distribution by April 1 of the following year. This outreach aims to uplift and support nonprofit organizations in their efforts to make meaningful contributions to society.
Accessible Grant Application Process
Heidi B. Jark, senior vice president and managing director, emphasizes the commitment of the Foundation Office at Fifth Third Bank to foster healthy and resilient communities. Jark explains, “Our Grant Application Process is structured to bridge the gap between organizations seeking assistance and the resources they require. We aim to create a straightforward approach that helps these organizations thrive.”
Eligibility Criteria for Grant Applications
NonProfit organizations that are recognized as 501(c)(3) under the IRS and active in the regions of interest are encouraged to apply. This includes organizations engaged in vital community services through various programs including food pantries and youth outreach initiatives.
Restrictions on Grant Applications
While the initiative aims to support numerous organizations, certain entities are excluded from receiving grants. Individuals, government agencies, K-12 educational institutions, and fundraising events like auctions and races cannot apply for these grants.
Applying for Grants: New Features
This year brings an exciting update: the introduction of two distinct application links for grant seekers. Organizations can apply to both applications if they find that they meet the criteria for multiple requests, thereby broadening their potential for support.
Regional Application and Ohio Valley Foundation Application
The Regional Application caters to those seeking grants through multiple foundations under the auspices of the Foundation Office at Fifth Third Bank. There's also the Ohio Valley Foundation Application specifically designed to fund projects for essential equipment or technology enhancements, allowing organizations to request grants of up to $25,000.
About The Foundation Office
The Foundation Office at Fifth Third Bank serves over 300 private and corporate foundations, distributing millions in grants annually to committed charitable organizations across the nation. Supported causes range from educational programs to environmental initiatives, embodying the diverse needs of communities.
For further information on the Foundation Office and its initiatives, please feel free to explore their dedicated page.
Frequently Asked Questions
What is the purpose of the grant application process?
The grant application process is intended to connect organizations with resources necessary for their charitable projects, enhancing community support.
Who is eligible to apply for these grants?
Eligible applicants include nonprofit organizations recognized as 501(c)(3) and engaged in community support within the specified regions.
What types of organizations are not eligible for grants?
Ineligible applicants include individuals, government entities, K-12 schools, and fundraising events.
When are the grants awarded after application?
Grants are scheduled to be awarded by April 1 of the following year after the application process closes.
Where can I find more information about applying?
Additional details regarding the application process can be found on the official page dedicated to the Foundation Office at Fifth Third Bank.
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