Servbank Charitable Foundation – September Grant Deadline
Grants Over $1,000 Supporting Affordable Housing, Education, Health & Human Services, Youth Programs, and Community Improvement
The Servbank Charitable Foundation provides larger community grants to charitable and community service organizations in communities where Servbank and Iroquois Federal, a division of Servbank, N.A., operate. Requests over $1,000 are reviewed semi-annually, with applications due by September 30 for the November award cycle.
Organization: Servbank Charitable Foundation
Support Type: Community grants
Grant Amount: Requests over $1,000
Geographic Focus: Communities served by Servbank and Iroquois Federal, a division of Servbank, N.A., with emphasis on the Bank’s core market areas in Illinois
Deadline: September 30, 2026
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About the Funder
The Servbank Charitable Foundation, formerly known as Iroquois Federal Foundation, Inc., provides financial support to charitable and community service organizations in the communities where the Bank operates. The Foundation is dedicated completely to community activities and the promotion of charitable causes.
The Foundation may give higher consideration to requests that revitalize or stabilize low- and moderate-income areas, designated disaster areas, distressed or underserved non-metropolitan middle-income geographies, or provide services to low- and moderate-income individuals in the Bank’s core market areas.
Footprint / Locations
The Foundation’s giving is generally limited to communities served by Servbank and Iroquois Federal. Based on current branch locations, this includes the Servbank branch community in Oswego, Illinois, and Iroquois Federal’s Central Illinois branch communities.
Servbank Location
Oswego, Illinois
Iroquois Federal Branch Communities
Bourbonnais, Illinois
Champaign, Illinois
Clifton, Illinois
Danville, Illinois
Hoopeston, Illinois
Savoy, Illinois
Watseka, Illinois
Applicants should confirm that their organization serves a community within the Bank’s core market area before applying. Priority may be given to organizations serving low- and moderate-income individuals or communities in these markets.
What This Program Supports
The Servbank Charitable Foundation emphasizes support in five key areas:
Affordable Housing
Programs that provide affordable or low-income housing and support the Bank’s community reinvestment initiatives.
Education
Initiatives at schools that raise student aspirations, enhance their knowledge, and support the education process.
Health & Human Services
Programs essential to underlying medical care, as well as initiatives focused on physical and mental wellness.
Youth Programs
Programs that assist in improving the quality of life for children.
General Community Improvement
Programs and projects that improve community assets and strengthen organizations in the Bank’s core market areas.
Priority Consideration
Grant requests may receive higher consideration if they:
Revitalize or stabilize low- and moderate-income areas
Serve designated disaster areas
Serve distressed or underserved non-metropolitan middle-income geographies
Provide services to low- and moderate-income individuals
Operate within the Bank’s core market areas
Eligible Support Types
Community grants over $1,000
Programmatic support
Charitable project support
Support for qualifying community service organizations
Eligibility & Preferences
Eligible applicants should generally meet the following criteria:
Be a charitable or community service organization
Serve communities where Servbank or Iroquois Federal operates
Demonstrate IRS Section 501(c)(3) tax-exempt status
Align with one or more of the Foundation’s giving areas
Submit no more than one grant application per calendar year
Awards are generally limited to use in communities served by the Bank.
Ineligible Requests
The Foundation does not provide financial support for:
Political organizations or candidates
Activities for religious purposes
Individual endeavors
Scholarships
Funding Amounts
This post applies to grant requests over $1,000.
Applicants requesting more than $1,000 must provide a more detailed application package, including:
Copy of the organization’s 501(c)(3) IRS determination letter
Information on the Executive Director and Board of Directors
Organizational summary, including mission, goals, and objectives
Amount requested and overall project budget, when applicable
Specific purpose of the funds requested
Need for the project or service in the community
How the success of the funded work will be evaluated or measured
Information about prior grant funding received from the Foundation
Most recent audit report or financial statements
Status of grant activity from other organizations, including approvals, denials, and pending applications
Timeline & Review
📅 Next Deadline: September 30, 2026
📅 Fall Award Cycle: November
📅 Spring Deadline: March 31 for the May award cycle
📅 Fall Deadline: September 30 for the November award cycle
📅 Review Cycle: Semi-annual review in May and November
📅 Request Limit: Generally one application per organization per calendar year
Completed applications for requests over $1,000 must be received by March 31 for the May award cycle or by September 30 for the November award cycle.
Application / Request Process
Organizations should review the Servbank Charitable Foundation guidelines and submit a complete application with all required documentation for requests over $1,000.
Applicants should be prepared to clearly explain:
The organization’s charitable purpose
501(c)(3) status
The community served
The amount requested
The specific use of funds
Alignment with the Foundation’s giving priorities
Community need and expected impact
How outcomes will be evaluated
Other funding sources and grant activity
Apply / Learn More
➡️ Servbank Charitable Foundation
Why This Opportunity Is a Good Fit
This opportunity is a strong fit for organizations that:
Serve communities where Servbank or Iroquois Federal operates
Need more than $1,000 in charitable grant support
Focus on affordable housing, education, health, youth programs, or community improvement
Provide services to low- and moderate-income individuals or communities
Can provide financial statements, project budget information, and evaluation plans
Because the Foundation gives higher consideration to work benefiting low- and moderate-income areas and individuals, this opportunity is especially relevant for nonprofits focused on housing, community reinvestment, youth services, health access, and neighborhood stabilization.
Corporate Grants Guide Notes
Review Type: Semi-annual review
Next Deadline: September 30, 2026
Typical Lead Time: Submit by March 31 or September 30 for requests over $1,000
Best Suited For: Community-based nonprofits seeking grants over $1,000
Geographic Fit: Servbank and Iroquois Federal core market areas, including Oswego and Central Illinois branch communities
Support Types: Community grants and charitable project support
Request Limit: Generally one application per organization per calendar year
