EIN 84-4571035

Ally Charitable Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
Year formed
2020
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Ally Charitable Foundation is a corporate foundation located in Charlotte, NC that primarily funds YWCA's transitional housing programs, which include case management and financial literacy, a youth resource center, YMCA afterschool programs in Salt Lake County, and WSA afterschool programs. Among its grantees are the Atrium Health Foundation and others. Last year, it made 172 grants.
Total revenues
$10,327,035
2022
Total expenses
$11,166,346
2022
Total assets
$71,357,693
2022
Num. employees
n/a

Grants made by Ally Charitable Foundation

GranteeGrant descriptionAmount
United Way of Genesee CountyMaking A Positive Impact On, and Improving the Lives Of, Those in Genesee County and Beyond.$453,000
Foundation for the CarolinasMayor's Racial Equity Initiative$400,000
Thurgood Marshall College Fund (TMCF)Tmcf-Ally Moguls in the Making (2021-2023)$381,651
...and 144 more grants made totalling $6,038,801

Who funds Ally Charitable Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Tournaments for CharityGeneral Support$392,055

Personnel at Ally Charitable Foundation

NameTitleCompensation
Michael RizerPresident$0
Jay FrucciAssistant Treasurer$0

Financials for Ally Charitable Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$8,441,471
Investment income and dividends$1,696,482
Net rental income$0
Net gain from sale of non-inventory assets$-7,968
Gross sales of inventory$0
Miscellaneous revenues$197,050
Total revenues$10,327,035

Form 990s for Ally Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-21990PFView PDF
2020-122021-11-11990PFView PDF

Organizations like Ally Charitable Foundation

OrganizationLocationRevenue
PPL FoundationAllentown, PA$13,245,053
Nelnet FoundationLincoln, NE$5,693,808
Fca FoundationAuburn Hills, MI$12,835,109
Rockwell Automation Charitable CorporationMilwaukee, WI$10,007,891
The Intuit FoundationMountain View, CA$3,136,207
The St Joe Community FoundationPanama City Beach, FL$5,661,153
Petters Family FoundationNewport News, VA$4,768,861
The Lockridge Charitable Foundation TrustLos Angeles, CA$13,176,506
Progressive Insurance FoundationCleveland, OH$14,141,975
The USAA FoundationSan Antonio, TX$20,103,005
Data update history
November 9, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 9, 2023
Updated personnel
Identified 5 new personnel
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 27, 2023
Updated personnel
Identified 10 new personnel
May 20, 2023
Received grants
Identified 1 new grant, including a grant for $453,000 from Tournaments for Charity
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
601 S Tryon St
Charlotte, NC 28202
Metro area
Charlotte-Concord-Gastonia, NC-SC
Phone
(980) 312-8320
IRS details
EIN
84-4571035
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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