Since its founding in 1923, Amalgamated Bank has grown and evolved to become a national leader in ethical banking with products and services that enable individuals, nonprofits, foundations, and socially responsible businesses to align their finances with their values. The Amalgamated Foundation builds on this history with a giving platform that is powered by both the financial acumen and committed vision of the bank.
In addition to managing and directing the bank’s substantial corporate giving program, the foundation offers a suite of services to facilitate the philanthropy of individual donors, institutional funders, and social entrepreneurs who share our commitment to social change.
Advance Change Funds enable individuals and institutions to focus on the impact and vision of their philanthropy, leaving the financial, administrative and regulatory details to us. Advance Change Funds include donor advised funds for individuals and institutions, as well as collective giving vehicles to support programs that galvanize the support from multiple funders.
Once the Foundation receives a contribution, fund advisors can choose from a variety of investment approaches, including fossil-free options. Then, with access to our open source database of leading social change nonprofits, fund advisors recommend grants and the Foundation manages the due diligence and other details to make grants nimbly and efficiently.
The Amalgamated Foundation does not accept unsolicited proposals, with the exception of when one of our funds has an open call for letters or interest or proposals. Those opportunities will be featured on our blog.