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Ally Charitable Foundation is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 2020. The principal officer is % Michael Rizer. It holds total assets of $89.6M. Annual income is reported at $19.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ally Charitable Foundation has made 574 grants totaling $23.6M, with a median grant of $25K. Annual giving has grown from $1.7M in 2020 to $7.2M in 2023. Grantmaking activity was highest in 2022 with $8M distributed across 172 grants. Individual grants have ranged from $3K to $1.1M, with an average award of $41K. The foundation has supported 286 unique organizations. The foundation primarily supports organizations in North Carolina, Michigan, Utah, which account for 86% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Ally Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 574 grants. Its grantmaking reaches organizations primarily in NC, MI, UT.
Ally Charitable Foundation has distributed a total of $23.6M across 574 grants. The median grant size is $25K, with an average of $41K. Individual grants have ranged from $3K to $1.1M.
THE ORGANIZATION MUST HAVE AN APPROVED 501(C)(3) TAX EXEMPT PUBLIC CHARITY STATUS.
Ally Charitable Foundation is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jay Frucci | ASSISTANT TREASURER | $0 | $0 | $0 |
| Samuel Little | TREASURER | $0 | $0 | $0 |
| Jan Bergeson | VICE PRESIDENT | $0 | $0 | $0 |
| Michael Rizer | PRESIDENT | $0 | $0 | $0 |
| Lashauna Lowry | DIRECTOR | $0 | $0 | $0 |
Total Giving
$5.8M
Total Assets
$81.7M
Fair Market Value
$81.7M
Net Worth
$76.7M
Grants Paid
$5.6M
Contributions
$6.8M
Net Investment Income
$2M
Distribution Amount
$3.7M
Total: $74.4M
Total Grants
574
Total Giving
$23.6M
Average Grant
$41K
Median Grant
$25K
Unique Recipients
286
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friendship Community Development CorpMY SISTER'S HOUSE ( MSH) | Charlotte, NC | $50K | 2023 |
| Atrium Health FoundationWORKFORCE DEVELOPMENT CENTER OF EXCELLENCE AND SCHOLARSHIP FUND | Charlotte, NC | $1M | 2023 |
| Foundation For The CarolinasMAYOR'S RACIAL EQUITY INITIATIVE | Charlotte, NC | $400K | 2023 |
| Local Initiatives Support CorporationWELCOME HOME & DIGITAL NAVIGATOR | Detroit, MI | $400K | 2023 |
| United Way Of Genesee County2022 ALLY CHALLENGE RECIPIENT |
| Lindsay Yousif |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Diane Morais | DIRECTOR | $0 | $0 | $0 |
| David Debrunner | DIRECTOR | $0 | $0 | $0 |
| Andrea Brimmer | DIRECTOR | $0 | $0 | $0 |
| Alison Summerville | DIRECTOR | $0 | $0 | $0 |
| Mary French | ASSISTANT SECRETARY | $0 | $0 | $0 |
| Joyce Daniels | ASSISTANT SECRETARY | $0 | $0 | $0 |
| Jacqueline Howard | SECRETARY | $0 | $0 | $0 |
| Flint, MI |
| $350K |
| 2023 |
| The Other Side AcademyTHE OTHER SIDE VILLAGE COMMUNITY CENTER | Salt Lake City, UT | $250K | 2023 |
| Junior Achievement Usa2023 ALLY EMPLOYEE ENGAGEMENT VIA JA PROGRAMMING | Colorado Springs, CO | $154K | 2023 |
| Habitat For Humanity Of The Charlotte Region IncTHE MEADOWS AT PLATO PRICE | Charlotte, NC | $150K | 2023 |
| Weber State UniversityEMERGING HISPANIC-SERVING INSTITUTION ACCELERATION PROJECT | Ogden, UT | $100K | 2023 |
| Rebuilding TogetherBUILDING A HEALTHY NEIGHBORHOOD (BAHN) 2023 | Washington, DC | $100K | 2023 |
| Ugf Institute IncSCHOLARSHIPS | Salt Lake City, UT | $95K | 2023 |
| Congressional Black Caucus Foundation IncTHE LAW AND PUBLIC POLICY SCHOLARS PROGRAMS | Washington, DC | $92K | 2023 |
| Success In Education FoundationOGDEN SCHOOL DISTRICT INITIATIVE | Salt Lake City, UT | $75K | 2023 |
| Downtown Boxing Gym Youth ProgramPREP FOR SUCCESS | Detroit, MI | $50K | 2023 |
| Michigan College Access NetworkDETROIT GRADUATING SENIOR MATRICULATION | Lansing, MI | $50K | 2023 |
| Midnight Golf ProgramMGP COLLEGE, CAREER, BEYOND | Bingham Farms, MI | $50K | 2023 |
| Crossroads Corporation For Affordable Housing And Community DevelopmentAFFORDABLE HOUSING DEVELOPMENT AND INCREASING ECONOMIC MOBILITY | Charlotte, NC | $50K | 2023 |
| Detroit Employment Solutions CorporationGROW DETROIT'S YOUNG TALENT | Detroit, MI | $50K | 2023 |
| West Side CltTHE COMMONS AT CARR HEIGHTS | Charlotte, NC | $50K | 2023 |
| Wayne State University Research And Technology Park In The City Of DetroitTECHTOWN DETROIT'S ENTREPRENEURIAL EDUCATION PROGRAMS | Detroit, MI | $50K | 2023 |
| Wayne Metropolitan Community Action AgencyALLY & WM PATHWAY TO HOMEOWNERSHIP | Detroit, MI | $50K | 2023 |
| Discovery Place IncDISCOVERY PLACE STEM PATHWAYS | Charlotte, NC | $50K | 2023 |
| Emerging Industries Training InstituteINCREASING CAPACITY IN DETROITS SKILLED TRADES SECTORS | Detroit, MI | $50K | 2023 |
| For The Struggle IncELDER RESPONSE INITIATIVE | Charlotte, NC | $50K | 2023 |
| Gardhouse LimitedPROGRAM STAFF SUPPORT AND DEVELOPMENT | Charlotte, NC | $50K | 2023 |
| The Salvation ArmyGENERAL OPERATING SUPPORT FOR THE SALVATION ARMY'S EMERGENCY SHELTERS AND BOYS & GIRLS CLUBS | Charlotte, NC | $50K | 2023 |
| City Startup Labs IncREENTRY ENTREPRENEURSHIP PROGRAM (REEP) | Charlotte, NC | $50K | 2023 |
| Journi IncorporatedMETRO DETROIT JOURNI INTO CODE | Detroit, MI | $50K | 2023 |
| Southwest Economic SolutionsSWES HOMEOWNERSHIP ASSISTANCE AND STABILITY PROGRAM | Detroit, MI | $50K | 2023 |
| Sola I Can FoundationPATHWAYS TO HOMEOWNERSHIP PROGRAM | Los Angeles, CA | $50K | 2023 |
| Caught UpPROJECT EMPOWER | Grosse Pointe, MI | $50K | 2023 |
| Lawn AcademyEAST & WEST DETROIT YOUTH DEVELOPMENT HUBS | Detroit, MI | $50K | 2023 |
| Beatties Ford Road Vocational Trade Center (Beatties Ford Road Family CounsTOOL BAG FOR SUCCESS | Charlotte, NC | $50K | 2023 |
| Wasatch Homeless HealthcareGIVE ONE RAISE TWO 2023 | Salt Lake Cty, UT | $40K | 2023 |
| Premier Foundation Of North Carolina360 DEGREES OF WELLNESS AND IMPACT | Charlotte, NC | $40K | 2023 |
| The Man To Man Project IncGROUND UP | Detroit, MI | $40K | 2023 |
| Big Brothers Big Sisters Of Metropolitan DetroitSITE BASED MENTORING PROGRAM 2023-2024 | Detroit, MI | $39K | 2023 |
| Big Brothers Big Sisters Of Central CarolinasBEYOND SCHOOL WALLS | Charlotte, NC | $38K | 2023 |
| Prosperus Detroit Micro LendingPROSPERUS FINANCIAL COACHING FOR ENTREPRENEURS | Detroit, MI | $36K | 2023 |
| Young Womens Christian Association Of The Central Carolinas IncYWCAS TRANSITIONAL HOUSING PROGRAMS - CASE MANAGEMENT AND FINANCIAL LITERACY | Charlotte, NC | $35K | 2023 |
| Detroit Impact Inc Money Matters For YouthTHE MONEY MATTERS FOR YOUTH (MMFY) SUMMER PROGRAM | Detroit, MI | $35K | 2023 |
| 100 Black Men Of Greater Detroit IncPROJECT SUCCESS | Detroit, MI | $35K | 2023 |
| Per Scholas IncPER SCHOLAS DETROIT IT JOB TRAINING | Detroit, MI | $30K | 2023 |
| DigibridgePREPARING AND ADVANCING STEAM SCHOLARS WITH DIGI-BRIDGE | Charlotte, NC | $30K | 2023 |
| Roof Above IncENDING HOMELESSNESS WITH HOUSING | Charlotte, NC | $30K | 2023 |
| Goodwill Industries Of Greater DetroitSKILLS TRADES ACADEMY | Detroit, MI | $30K | 2023 |
| Communities In Schools Of Charlotte Mecklenburg IncACCESS AND PATHWAYS TO POST-SECONDARY SUCCESS | Charlotte, NC | $30K | 2023 |
| Goodwill Industries Of The Southern Piedmont IncCONSTRUCTION SKILLS TRAINING PROGRAM | Charlotte, NC | $30K | 2023 |
| Cranbrook Educational CommunityMONEY ON THE GO! | Bloomfield Hills, MI | $30K | 2023 |
| Supportive Housing Communities IncHOUSING CHARLOTTES MOST VULNERABLE | Charlotte, NC | $25K | 2023 |
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