Servbank Charitable Foundation – Small Community Grants
Rolling Grants of $200 to $1,000 Supporting Affordable Housing, Education, Health, Youth Programs, and Community Improvement
The Servbank Charitable Foundation provides small community grants to charitable and community service organizations in communities where Servbank and Iroquois Federal, a division of Servbank, N.A., operate. Requests of $200 to $1,000 support nonprofit organizations working in affordable housing, education, health and human services, youth programs, and general community improvement.
Organization: Servbank Charitable Foundation
Support Type: Small community grants
Grant Amount: $200 to $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
Application Timeline: Rolling / no fixed deadline listed for requests of $200 to $1,000
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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 to community activities and the promotion of charitable causes.
The Foundation may give higher consideration to requests that support low- and moderate-income communities, designated disaster areas, distressed or underserved non-metropolitan middle-income geographies, and services for 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
School-based initiatives 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
Small community grants
Programmatic support
Charitable project support
Support for qualifying community service organizations
Eligibility & Preferences
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 of $200 to $1,000.
For requests in this range, applicants must include:
Copy of the organization’s 501(c)(3) IRS determination letter
Specific purpose of the funds requested
Amount requested
Timeline & Review
📅 Application Timeline: Rolling / no fixed deadline listed for requests of $200 to $1,000
📅 Request Amount: $200 to $1,000
📅 Request Limit: Generally one application per organization per calendar year
Application / Request Process
Organizations should review the Servbank Charitable Foundation guidelines and submit the required materials for requests of $200 to $1,000.
Applicants should be prepared to provide:
Proof of 501(c)(3) status
Amount requested
Specific purpose of the requested funds
Description of how the request aligns with the Foundation’s giving priorities
Information about the community served
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 a smaller grant request between $200 and $1,000
Focus on affordable housing, education, health, youth programs, or community improvement
Provide services to low- and moderate-income individuals or communities
Can document 501(c)(3) status and explain a clear charitable use of funds
Because this small-grant pathway has fewer application requirements than larger requests, it may be a good fit for local nonprofits seeking modest community support.
Corporate Grants Guide Notes
Review Type: Rolling / no fixed deadline listed for requests of $200 to $1,000
Typical Lead Time: Apply as early as possible before funds are needed
Best Suited For: Local nonprofits seeking small community grants
Geographic Fit: Servbank and Iroquois Federal core market areas, including Oswego and Central Illinois branch communities
Support Types: Small charitable grants
Request Limit: Generally one application per organization per calendar year