Ally Charitable Foundation
Annual Giving
$6.9M-5% YoY
Grants
182
Median Grant
$20K
Organizations Funded
245
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Foundation Overview
Mission
Ally Financial is driven by a mission to "Do It Right" and be a relentless ally for customers and communities; The Ally Charitable Foundation strives to uplift economically underserved communities by supporting economic mobility, combating systemic racism, and supporting its employees and communities in times of crisis
Focus Areas
Grant Types
Funded Initiatives
Strategic Neighborhood Fund: $1 million commitment in February 2025 for affordable housing development and Spark Grant programs; Workforce Development: Over $150 million committed, with $1.6 million in grants to 57 nonprofits in 2025; The Other Side Village: $1.4 million for community center with onsite medical and mental health clinic; Black-led grassroots organizations: $1.9 million investment since 2021 to 16 organizations in Charlotte and Detroit
How to Apply
Complete the eligibility quiz online; If eligible, create a username and password (first-time users); Complete and submit your full proposal; Application process takes about 12 weeks; The 2025 Ally Charitable Grant cycle is closed, submissions reopen in 2026; Eligible organizations can request one Ally Charitable Foundation Grant and one Ally Financial Sponsorship per calendar year
Does Not Fund
Organizations without approved 501(c)(3) tax-exempt status; Pending 501(c)(3) status not sufficient; Organizations outside Charlotte, NC or Detroit, MI; Individuals or third parties seeking donations on behalf of nonprofits; Past grantees that failed to provide required documentation; Organizations that do not support low- to moderate-income individuals; Organizations not aligned with focus areas: affordable housing, financial education, workforce development
Based on publicly available information from the foundation's 990 filings and website.
Giving History
$6.9M
Grants
182
Median
$20K
States
11
$7.2M
Grants
182
Median
$20K
States
7
$8.0M
Grants
172
Median
$25K
States
8
Grant Size Distribution
$20K
Typical Grant (Median)
$3K
Smallest
$15K
25th Pctile
$25K
75th Pctile
$1.0M
Largest
Excludes grants ≤ $5K. Half fall between $15K and $25K.
Largest Recent Grants
$1.0M
2024
ATRIUM HEALTH FOUNDATION
NC · WORKFORCE DEVELOPMENT CENTER OF EXCELLENCE AND SCHOLARSHIP FUND
$400K
2024
LOCAL INITIATIVES SUPPORT CORPORATION
MI · MULTI-YEAR: LISC -WELCOME HOME & DIGITAL NAVIGATOR
$400K
2024
FOUNDATION FOR THE CAROLINAS
NC · MULTI-YEAR: MAYOR'S RACIAL EQUITY FUND #1
$284K
2024
THE OTHER SIDE ACADEMY
UT · THE OTHER SIDE BUILDERS
$250K
2024
HABITAT FOR HUMANITY OF THE CHARLOTTE REGION INC
NC · MULTI-YEAR: THE MEADOWS AT PLATO PLACE
Geographic Focus
Top states by total grant dollars. Based on IRS filing data.
Financial Overview
Grants paid shown as percentage of total assets
Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.