Ally Financial Inc. has announced a more than $150 million commitment in 2025 to drive workforce development and economic mobility through education, career opportunities, and job creation, focusing on underserved communities in Charlotte, Detroit, and across the U.S. “We recognize the future of work is evolving faster than ever, and the skills needed to succeed are rapidly changing, too. Through this giving, we are helping organizations open doors to new and expanded career opportunities that will remove barriers to sustainable employment,” said Kathie Patterson, chair of the Ally Charitable Foundation.
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Ally Bank’s Community Reinvestment Act efforts will provide over $147 million in loans and investments, while the Ally Charitable Foundation has awarded $1.6 million in grants to 57 nonprofits in Charlotte and Detroit, including initiatives like Cakeable Charlotte and the Boys and Girls Club of Southeast Michigan. Total grantmaking in 2025 nears $3 million, supporting 113 nonprofits. These efforts, complemented by programs such as “Saturdays in the D” and the Tech Rising collaborative, aim to boost skills, bridge the digital divide, and promote financial security for low- and moderate-income communities nationwide.
