Apply for Funding

About funding

Each year, we fund hundreds of organizations that impact our customers and the communities in which we all live and work. We receive and evaluate thousands of proposals, so while many opportunities are aligned to our areas of focus, we are only able to fund a small percentage of the total number received. Read the information on this page, and visit our online application when you are ready to apply. The Foundation does not accept requests or proposals by mail, fax, email or phone.

Before you apply

1. Review the guidelines

Review the contribution guidelines and ensure you are eligible for Vectren Foundation funding.

2. Gather required documentation

Before you start the application, ensure you have these required documents:

  • Federal Employee Identification Number (EIN) for your organization
  • A copy of your organization's IRS Letter of Determination
  • A copy of your current budget for the project, program, activity or event
  • A listing of the members of your Board of Directors
  • Any other supplementary materials that describe your organization or support your proposal

Applications for contributions to capital fund drives or to purchase equipment should also provide:

  • A clear description of the project, including its goals and objectives.
  • A financial plan showing how the project will be funded. The plan should include other possible sources of support and funds that have been pledged or received to date.
3. Apply and submit all documentation

Visit our online application when you are ready to apply. Be sure to attach all required documents with your application.

Visit application

Program-Related Investments (PRIs)

The Vectren Foundation offers opportunities for both nonprofit and for-profit organizations to qualify for Program-Related Investments (PRIs). These inexpensive capital investments support programs and initiatives addressing social and environmental challenges. Unlike grants, PRIs are expected to be repaid.

Contact our team

  • Mark Miller
    Manager, Community Affairs
    P.O. Box 209, Evansville, IN 47702

  • Rachel Goodspeed
    Manager, Community Affairs
    120 West Second Street, Suite 820, Dayton, OH 45402

  • Media Inquiries
    For all media queries, please contact Natalie Hedde, Director of Corporate Communications.

Common questions

No, there is neither a deadline for application nor a funding cycle. We accept applications year-round.

If your agency is located outside of our service territory, but serves residents within our service territory, you are eligible for funding. However, these grants are primarily restricted to serve those clients within our service territory.

No. As a private foundation, we are restricted to only making awards to 501(c)(3) organizations. You can learn more about the IRS code for charitable organizations on the IRS website.

We make every attempt to complete the review process and issue notification within 45 days. How long must I wait to submit another application? There is no restriction on the number of applications an organization can make in a year, but since we are a smaller foundation, it is unlikely multiple grants will be awarded to the same organization in the same year.

Need more information? Contact us