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Foundations / North Carolina

Ally Charitable Foundation

Accepts applications Charlotte, North Carolina · EIN 844571035

Ally Charitable Foundation is a private foundation in Charlotte, North Carolina. In tax year 2024 it gave $4.3 million in 182 grants; the typical grant was $20,000 and the largest $1.0 million. It accepts applications; its filing gives the instructions below.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was down from $5.6 million the year before.

28% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2021$10.0 million167$83.3 million
2023$5.6 million182$81.7 million
2024$4.3 million182$89.6 million

How to apply

ContactAlly Charitable Foundation
601 South Tryon Street, Charlotte, NC 28202
Phone or email(980) 312-8320
What to submitApplications should be submitted online by visiting www.ally.com/about/social-impact/grants/
RestrictionsThe organization must have an approved 501(c)(3) tax exempt public charity status.

As written in the foundation's IRS filing for tax year 2024. Details may have changed since.

Foundation website IRS filings on ProPublica

What Ally Charitable Foundation funds

Where it gives

Its grants went to recipients in 11 states, the most to North Carolina.

StateGrantsAmount
North Carolina59$2.9 million
Michigan46$1.8 million
Utah51$1.5 million
California16$242,500
District of Columbia3$234,000
Colorado1$107,000
New York2$40,000
South Carolina1$30,000
Arizona1$15,000
Maryland1$15,000

Grants paid in 2024

The 40 largest of 182 grants
RecipientPurposeAmount
Atrium Health Foundation
Charlotte, NC
Workforce development center of excellence and scholarship fund$1.0 million
Foundation for the Carolinas
Charlotte, NC
Multi-year: mayor's racial equity fund #1$400,000
Local Initiatives Support Corporation
Detroit, MI
Multi-year: lisc -welcome home & digital navigator$400,000
The Other Side Academy
Salt Lake Cty, UT
The other side builders$284,000
Habitat for Humanity of the Charlotte Region Inc
Charlotte, NC
Multi-year: the meadows at plato place$250,000
Congressional Black Caucus Foundation Inc
Washington, DC
The law and public policy scholars programs$114,000
Junior Achievement
Colorado Springs, CO
2023 ally employee engagement via ja programming$107,000
Emerging Industries Training Institute
Detroit, MI
Neighborhood beautification through workforce development$100,000
Invest Detroit Foundation
Detroit, MI
Strategic neighborhood fund 3$100,000
Local Initiatives Support Corporation
Detroit, MI
Multi-year: lisc - diverse supplier grant initiative$100,000
Rebuilding Together
Washington, DC
Building a healthy neighborhood (bahn) 2023$100,000
The Other Side Academy
Salt Lake Cty, UT
The other side village community center$100,000
Ugf Institute Inc
Salt Lake Cty, UT
Scholarships and training$100,000
Weber State University
Ogden, UT
Emerging hispanic-serving institution acceleration project$100,000
Success in Education Foundation
Salt Lake Cty, UT
Road to success/ken garff esports$75,000
Success in Education Foundation
Salt Lake Cty, UT
Ogden school district initiative$75,000
Big Brothers Big Sisters of Southeast Michigan
Ypsilanti, MI
Ally financial site-based (sib) mentoring$50,000
Boys & Girls Clubs of Southeastern Michigan
Detroit, MI
Financial literacy at don weekend and beyond$50,000
Caught Up
Grosse Pointe, MI
Trust-based philanthropy - workforce development$50,000
Charlotte Regional Business Alliance Foundation
Charlotte, NC
Project accelerate!$50,000
Circle de Luz Inc
Charlotte, NC
Trust-based philanthropy - workforce development$50,000
Friendship Community Development Corp
Charlotte, NC
Trust-based philanthropy - affordable housing$50,000
Journi Incorporated
Detroit, MI
Trust-based philanthropy - workforce development$50,000
Lawn Academy
Detroit, MI
Trust-based philanthropy - workforce development$50,000
Leading on Opportunity (Foundation for the Carolinas)
Charlotte, NC
Leading on opportunity general operating support$50,000
Michigan Hispanic Collaborative
Detroit, MI
Trust-based philanthropy - workforce development$50,000
Sola I Can Foundation
Los Angeles, CA
Sola pathways to home ownership program & operations$50,000
United Way for Southeastern Michigan
Detroit, MI
Tech united community resource hubs$50,000
Weber State University
Ogden, UT
Emerging hispanic-serving institution acceleration project$50,000
United Community Housing Coaliton
Detroit, MI
Foreclosure & homeless prevention$45,000
Wasatch Homeless Healthcare
Salt Lake Cty, UT
Give one raise two 2024$40,000
Clemson University Foundation
Clemson, SC
Scholarships in honor of jeffrey j. Brown$30,000
The Center for Strategic Economic Studies and Institutional Development
Los Angeles, CA
Digital growth accelerator$30,000
Ada Jenkins Families and Careers Development Center Inc
Davidson, NC
Economic mobility$25,000
Beatties Ford Road Vocational Trade Center (Beatties Ford Road Counseling)
Charlotte, NC
Tool bag for success$25,000
California Community Reinvestment Corporation
Glendale, CA
Scholarship awards$25,000
Charlotte Bilingual Preschool Inc
Charlotte, NC
Charlotte bilingual preschool workforce development program$25,000
City Startup Labs Inc
Charlotte, NC
Trust-based philanthropy - workforce development$25,000
Covenant House Michigan
Detroit, MI
Emergency shelter services$25,000
Crossroads Corporation for Affordable Housing and Community Development
Charlotte, NC
Trust-based philanthropy - affordable housing$25,000

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Ally Charitable Foundation accept grant applications?

Yes. Its latest IRS filing says it accepts applications.

How much does Ally Charitable Foundation give?

$4.3 million in tax year 2024, across 182 grants, with a typical grant of $20,000.

Who runs Ally Charitable Foundation?

Its 2024 filing lists Michael Rizer (President), Jan Bergeson (Vice President), Samuel Little (Treasurer) and Jay Frucci (Assistant Treasurer) among 13 officers and trustees.

What does Ally Charitable Foundation fund?

Based on its grants, mainly education, community development and health.

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