Philanthropic organizations

Mission aligned banking

Amalgamated Bank believes in harnessing the enormous power of philanthropic capital to build a more just and equitable world.

How we're different

Amalgamated has the mission alignment, tools, and talent to partner with philanthropic organizations as they seek to align their operations with their values and devote all their resources to making an impact. With nearly 100 years of experience working with foundations, donor networks, and sector infrastructure groups of all sizes, our team is deeply embedded in the U.S. philanthropic ecosystem and ready to work with you and your partners in moving money for systems change.

Grantmaking Solutions

Utilize tools and expertise that support your grantees, including 24-hour grant clearance, lines of credit for working capital, and access to money through values-aligned donor advised fund (DAF) services.

Cash Management

While your cash waits to be deployed in grants or programs, ensure you still grow and meet your mission at the same time. Access our checking and savings accounts through a robust online banking portal to manage your cash with ease.

Mission Driven Investing

Maximize your impact with our comprehensive investment platform and 100% mission-aligned investing.

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Latest featured client

JustFund

JustFund is the only nonprofit grantmaking platform developed by funders and organizers of color to remove traditional barriers in philanthropy and center the grantee experience. Since 2017, more than 8,000 organizations and thousands of funders have utilized JustFund’s equitable grantmaking solution to collectively move over $180 million dollars to the frontlines of social change. JustFund banks with Amalgamated Bank, and is a close partner of Amalgamated Foundation to facilitate grant applications and discretionary and advised giving.

Southern Partners Fund

Southern Partners Fund (SPF) is a public, community foundation that is democratically governed by grassroots leaders. SPF supports grassroots community organizations in the rural South seeking racial, economic, and environmental justice by providing financial resources, technical assistance and training, and access to systems of information and power. In building the capacity of grassroots leaders and organizations, the foundation also works to foster relationships and networking that empowers communities toward dismantling structures that hinder their upward mobility in the rural South. SPF banks its grantmaking, operational, and reserve accounts at Amalgamated.