Ally Charitable Foundation Grants

Ally Charitable Foundation Grants

Status: ACTIVE
Funder: Ally Charitable Foundation
Last Updated: February 16, 2026

Summary

The Ally Charitable Foundation focuses on advancing economic mobility and reducing inequities through targeted grants. Their key areas include affordable housing, financial education, and workforce development, aiming to support nonprofit organizations that provide essential resources to underserved communities. Eligible organizations must be 501(c)(3) nonprofits based in the U.S., demonstrating compliance with various guidelines and attesting to a non-discrimination policy. This strategic approach fosters impactful collaborations to inspire social change.

Overview

At Ally, our purpose is to advance economic mobility and reduce inequities through innovative philanthropy and programing that inspires social change, with a focus on: Affordable HousingTo impact affordable housing, we make grants to nonprofit organizations that focus on expanding access to quality affordable housing and enabling pathways toward permanent housing solutions.Financial EducationTo impact financial education, we make grants to nonprofit organizations that focus on providing underserved communities with the tools and resources that address key financial concepts to help end disparities and advance economic mobility.Workforce DevelopmentTo impact workforce development, we make grants to nonprofit organizations that focus on providing individuals with access to college and career pathways that will help advance economic mobility in underserved communities. Our philanthropic giving strategy is aligned to these focus areas to increase impact through purposeful collaboration and community engagement.

Eligibility

You can learn more about this opportunity by visiting the funder's website. All grant proposals must provide the following documentation demonstrating impact in the community.Program BudgetLOGIC ModelNon-Discrimination Policy AdherenceAll organizations considered for an Ally Charitable Foundation Grant mustBe based in the United States and must be verifiable through the Internal Revenue Service (IRS) Exempt Organizations as a 501(c)3 nonprofit organizationRepresent that it operates within the parameters of all applicable laws where the organization is providing supportBe able to provide audited financial statements for the most recently completed fiscal year and a copy of IRS Form 990Complete the pre-application eligibility quiz online, which outlines the grant criteria that is required for funding considerationOffer programs located in Charlotte, North Carolina or Detroit, Michigan.Adhere and attest to Ally’s Non-Discrimination PolicyIt is the policy of Ally to treat people on an equal basis regardless of an individual’s age, race, color, sex, religion, national origin, physical or mental disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition, or any other status protected by law. By accepting a grant or sponsorship from Ally, our recipient organizations agree to comply with this Policy.Eligible organizations can request one Ally Charitable Foundation Grant per calendar year.

Ineligibility

Ally Does Not Provide Grants For:Organizations or public benefit programs that do not qualify as tax-exempt under Section 501(c)3 of the U.S. Internal Revenue CodeOrganizations that have been a tax-exempt entity for less than one year.Alumni, sectarian, or professional associations, fraternal or political organizations, or organizations serving a limited constituencyFaith-based organizations or religious programs that do not serve the broader public regardless of religious beliefEducational organizations, including pre-schools, private schools and non-public school districts that have not been granted tax-exempt status under IRS Section 501(c)3Recreational, sporting, or athletic associations or leagues, unless serving special needs or underserved populationsRequests for payment of group or individual expenses, such as team-based competitions, memberships, travel, or toursRequests to address illness or hardshipIndividuals and/or third parties seeking donations on behalf of nonprofit organizations.Past grantees that have failed to provide charitable contributions acknowledgement forms or other required documentation