Grant application submission period: February 1, 2021 - March 15, 2021
Ally Grants
Through financial awards given for program support, Ally Grants help elevate organizations that work in financial education, affordable housing, and digital job training and workforce preparedness.
Application Guidelines and Checklist
Grant applications will be accepted beginning on February 1 – March 15 at 11:59 p.m. All applications must be submitted on time to be considered for funding. Your grant proposal must provide the following documentation that demonstrates programmatic impact in the community:
Evaluation and Review
The Grant application process is approximately 12 weeks. All organizations will receive a formal notification once their grant applications have been decisioned. All non-profit organizations who have received funding must submit an Impact Report within 30 days after program end date. The Impact Report must include detailed information on the program's impact to the community.
Ally Sponsorships
Ally offers sponsorships to organizations with focus areas in economic mobility, social equity and inclusion and general community service to underrepresented communities.
Application Evaluation Process
We accept Sponsorship applications on a rolling basis. The Sponsorship application evaluation process is approximately 8 to 10 weeks. All organizations will receive a formal notification once the sponsorship applications have been decisioned.
Ready to Apply?
Complete your application in a few easy steps.
1.
Review Required Documents
Download our Grant Guidelines (PDF) and review our Grants and Sponsorships FAQs to find answers to any preliminary questions.
2.
Confirm Your Eligibility
Find out if your organization is eligible for Ally Grants by taking our Eligibility Quiz.
3.
Complete the Application
After you’ve taken the quiz, complete your application at Ally Grants.
Ready to confirm your eligibilty?
Already taken the quiz?
Complete or review your application at Ally Grants
1.
Review Required Documents
Find answers to any preliminary eligibility questions you might have by downloading and reviewing our Sponsorship Guidelines (PDF) and Grants and Sponsorships FAQs.
2.
Begin your Application
If you’ve reviewed the required documents and feel your organization’s mission aligns with ours, you’re ready to apply.
Ready to Apply?
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Bank 1-877-247-2559
Invest 1-855-880-2559
All organizations must complete the eligibility quiz and meet all of the required criteria
All organizations must meet the requirements of one of our economic mobility focus areas of Financial Education, Affordable Housing, or Digital Job Training/Workforce Preparedness
The organization, or the fiscal sponsor, must be tax-exempt under Section 501(c)(3) of the Internal Revenue Code and operated exclusively for charitable, scientific or educational purposes
The organization must be located in Charlotte, NC or Detroit, MI
The applicant organization must be able to provide audited financial statements for the most recently completed fiscal year and a copy of its IRS 990
Organizations must adhere to Ally’s Non-Discrimination Policy in order to be considered for grant funding.
Exclusions
The applicant organization must disclose whether it employs any individual who is related to any employee of Ally, or any of its affiliates or subsidiaries, or any governmental agency with responsibility for decisions affecting the business interests of Ally. The following organizations are specifically excluded from receiving grants:
Political, sectarian, fraternal, professional, veteran, and religious (other than accredited educational institutions, or organizations that provide services to the community regardless of religion)
Political or lobbying organizations or those supporting the candidacy of a particular individual
Third parties seeking donations on behalf of non-profit organizations
Individuals
Public schools (K-12)
Group tours
Athletic teams or leagues
Past grantees that have failed to provide charitable contributions acknowledgement forms or other required documentation
Ally Non-Discrimination Policy
It is the policy of Ally to treat people on an equal basis regardless of an individual’s age, race, color, sex, religion, national origin, 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 from Ally, our recipient organizations agree to comply with this Policy. Organizations must adhere to Ally’s Non-Discrimination Policy in order to be considered for grant funding.
The organization must be tax-exempt under Section 501(c)(3) of the Internal Revenue Code and operated exclusively for charitable, scientific or educational purposes.
The organization must be located in Charlotte, North Carolina or Detroit, Michigan.
Applications must be submitted at least eight (8) weeks prior to print and/or recognition deadline.
Organizations must adhere to Ally’s Non-Discrimination Policy in order to be considered for sponsorship funding.
Requested funds may not be used retroactively.
Exclusions
The applicant organization must disclose whether it employs any individual who is related to any employee of Ally, or any of its affiliates or subsidiaries, or any governmental agency with responsibility for decisions affecting the business interests of Ally. The following organizations are specifically excluded from receiving sponsorships:
Organizations that discriminate based on an individual’s age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition, or any other status protected by law.
Religious or faith-based organizations organized for religious persons (excludes accredited educational institutions, separate community development corporation and/or organizations that provide services to the community regardless of religion)
Political or lobbying organizations or those supporting the candidacy of a particular individual
Third parties seeking donations on behalf of non-profit organizations
Individuals
Individual public schools (K-12)
Group tours
Athletic teams, leagues or booster clubs
Past grantees that have failed to provide charitable contributions acknowledgement forms or other required documentation
Ally Non-Discrimination Policy
It is the policy of Ally to treat people on an equal basis regardless of an individual’s age, race, color, sex, religion, national origin, 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 from Ally, our recipient organizations agree to comply with this Policy. Organizations must adhere to Ally’s Non-Discrimination Policy in order to be considered for grant funding.