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"It makes a difference for communities statewide."
That's what Andy East, executive director of the Indiana Economic Development Corp., has to say about the state's Regional Economic Acceleration and Development Initiative, or READI.
The program, which the Lilly Endowment is throwing in $250 million for, aims to help communities create jobs and improve quality of life, the Indianapolis Star reports.
The state is investing $500 million in the second round of READI grants, which will be awarded next month; the Lilly Endowment is throwing in $250 million for the third round of grants, which will be announced next month.
The money will be awarded to 17 regions in the state, and East says they're vying for projects that will help create jobs, add housing, and improve the quality of life in their communities.
"They are defining and advocating a regional approach for projects that they believe will help create jobs, add housing, and improve quality of life in their communities," the Republic quotes East as saying.
The proposals will be evaluated on a variety of factors, including economic development potential, the level of focus on rural communities, the degree of regional collaboration, and alignment with the state's economic development priorities, such as population growth, per-capita income growth, growth in employment
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Haril Kazindra and wife Andrea are the co-founders of Musana, a community development NGO that runs 19 social enterprises across Uganda.Musana has offices in Denver and London and employs 700 staff,...more
Foundation: Lilly Endowment
All In Kosciusko exists to promote and accelerate the economic and community development already happening across the county.Concerns about economic diversification, talent retention and quality of...more
The Bill Gatton Foundation supports K-12 and higher education, health, and community development in Kentucky, Upper East Tennessee, and Southwest Virginia.Large education grants include $13.5 million...more
Local organizations win $9 million for new affordable housing, social services.Connecticut's Community Investment Fund grants come amid a deluge of cuts to federal funding.The fund was established in...more
Foundation: Parasol Tahoe Community Foundation
Parasol Tahoe Community Foundation has proudly supported Bread & Broth for the past 10 years.In 2024, the Community Foundation was able to introduce the mission of Bread and Broth to a donor who is...more
Foundation: Latino Community Foundation
Latino Community Foundation Awards $3.88M in Grants Across California and Nevada.NewsBreak: Latino Community Foundation awards $3,000,000 in grants across California andNevada.Newsbreak: $1.5 million...more
Alejandro Betancourt Lopez rejects traditional corporate social responsibility models that separate business operations from community impact.Rather than limiting community engagement to corporate...more
Thoughtful giving isn't just about making a donation, it's about creating meaningful impact.Community foundations exist to connect generosity with need, ensuring that charitable giving is both...more
Kareem Thomas most recently served as Chief Credit and Lending Administration Officer at Reinvestment Fund.Bhavani Daryanani has more than 20 years of experience in the sector, bringing deep...more
SECU Foundation has been named a recipient of the 2024 Carolinas Credit Union Foundation Hero Award for Partner in Philanthropy.The SECU Foundation promotes local community development in North...more
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Wells Fargo Foundation
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