Unveiling a World of Grant Opportunities

Grants are a powerful tool for securing the resources needed to bring your community project to life. This section delves into the diverse landscape of grant-giving organizations, empowering you to identify the perfect fit for your project's goals.

Public Sector Grants

National Association of Towns & Townships (NATaT)

This national organization offers grant programs specifically focused on supporting initiatives in small towns and townships.

Local Community Foundations (LCFs)

Many communities have local foundations that award grants to support local projects. Explore foundations like the DeKalb County Community Foundation to discover funding opportunities tailored to your community's needs.

Community Endowments

An endowment is an independent fund managed by your local Community Foundation for a nonprofit organization, church or school – as their charitable retirement account. An endowment can be set up at any time. Explore if your community has an endowment that awards grants for projects that align with your vision.

Private Sector Grants

Corporate Grants

Many corporations, including Bayer, Meta (formerly Facebook), and T-Mobile, offer grant programs that support community development initiatives—research corporate philanthropy programs to identify potential matches for your project.

CoMed

Founded more than 100 years ago, ComEd has built a reputation not only as a reliable energy provider but as a generous corporate citizen as well. Explore CoMed's grant programs to see if they align with your project's goals.

Local Funding Sources

Reed Fund

REED provides business and community project financing in partnership with commercial and other economic development lenders to leverage private investment and make a difference in the region it serves.

Local TIF District

Tax Increment Financing (TIF) districts sometimes allocate some revenue to community development projects. Explore opportunities within your local TIF district. TIFs are authorized by State law in nearly all 50 States and begin with the designation of a geographic area as a TIF district.

Local/Regional Economic Development Authorities (EDAs)

These agencies often manage grant programs focused on economic development within their jurisdiction. Explore programs offered by your local or regional EDA.

Other Potential Funders

North Central Illinois Council of Governments (or similar regional organizations)

Regional organizations may offer grant programs that support collaborative projects across multiple communities.

Local Legacy Donors

Wealthy individuals within your community may be passionate about supporting local initiatives. Explore opportunities for philanthropic contributions from local legacy donors.   Some information about legacy giving can be found here. 

Resource Bank and Non-Profit EDA Assistance

While Resource Bank itself doesn't directly award grants, we can be a valuable resource in your grant-seeking journey. We'll connect you with relevant grant opportunities, offer guidance on crafting compelling proposals, and provide support throughout the application process.

Beyond the above list: Remember to explore the inspiring story of Albion, Nebraska. Their successful revitalization efforts highlight the importance of including the agricultural community in your vision.