Old National Bank Foundation Marks Two Decades with Record $3M Grant Cycle — Old National Bancorp

Event summary

Old National Bank Foundation celebrated its 20th anniversary by donating $20,000 each to 20 nonprofits across its nine-state footprint.
The foundation has granted over $40 million since its inception in 2006, with the most recent grant cycle totaling more than $3 million.
Launched '20 for 20' campaign to recognize nonprofit partners and their community impact.
Funding priorities include affordable housing, workforce development, economic development, and financial empowerment.

The big picture

Old National Bank Foundation's milestone underscores the growing trend of financial institutions leveraging philanthropy as a strategic tool for community engagement and brand differentiation. With $73 billion in assets, Old National's commitment to social responsibility aligns with broader industry shifts toward ESG-focused governance. The record grant cycle signals both institutional maturity and an attempt to deepen roots in underserved markets.

What we're watching

Impact Scaling: Whether the foundation can sustain record grant cycles amid potential economic headwinds.
Strategic Alignment: How Old National integrates community impact metrics into broader corporate strategy.
Partnership Dynamics: The pace at which nonprofit partnerships evolve to address emerging social challenges.