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The Allstate Foundation

Annual Giving
$38.2M

The Allstate Foundation

Quick Stats

  • Annual Giving: $38.2 million (2024)
  • Success Rate: Not publicly available
  • Decision Time: Not publicly disclosed
  • Grant Range: Varies by program
  • Geographic Focus: National (United States)

Contact Details

  • Website: www.allstatefoundation.org (redirects to allstatecorporation.com)
  • Address: 3100 Sanders Road, Suite 201, Northbrook, IL 60062-7155
  • Social Media:
    • Facebook: @purplepurse
    • Twitter: @allstatefdn
    • Instagram: @AllstateFDN

Overview

Founded in 1952 and gaining tax-exempt status in 1954, The Allstate Foundation is the charitable arm of Allstate Corporation with total assets of $89.3 million as of 2024. The foundation distributed $38.2 million in charitable disbursements in 2024, representing over 90% of its total expenses. Operating as a private non-operating foundation, it focuses on empowering vulnerable populations, particularly youth and survivors of relationship abuse, through strategic partnerships and employee engagement programs. The foundation leverages Allstate's corporate culture of giving, with employees and agents contributing 117,000 volunteer hours in 2024 and the foundation matching employee donations dollar-for-dollar.

Funding Priorities

Grant Programs

  • Youth Empowerment Initiative: Supporting 42 million youth ready to improve their communities through service and leadership development
  • Purple Purse Program: Financial empowerment for domestic violence survivors
  • Workforce Readiness: Creating pathways to thriving-wage careers
  • Nonprofit Leadership Development: Free professional development programs for nonprofit leaders
  • Helping Hands® Grants: Volunteer-based grants supporting employee community service
  • Higher Education Matching Grants: Matching employee donations to educational institutions

Priority Areas

  • Youth empowerment and teen safety
  • Relationship abuse prevention and survivor support
  • Economic empowerment and financial literacy
  • Workforce development and career readiness
  • Nonprofit capacity building and leadership development
  • Community volunteerism and civic engagement

What They Don't Fund

The foundation does not publicly specify exclusions, but as a corporate foundation, it primarily supports initiatives aligned with Allstate's strategic social impact goals.

Governance and Leadership

  • Chairman and President: Thomas Wilson
  • VP and Secretary: Elizabeth Brady
  • VP and Treasurer: Alexandra Band
  • Trustees: Suren Gupta, Jesse Merten, Mario Rizzo, Mark Prindiville

Application Process & Timeline

How to Apply

This funder does not have a public application process. Grants are typically awarded through strategic partnerships, employee volunteer programs, and pre-established relationships with nonprofit organizations aligned with the foundation's focus areas.

Getting on Their Radar

Based on available information, organizations can potentially connect with The Allstate Foundation through:

  • Participation in Allstate employee volunteer programs (Helping Hands® grants are tied to employee volunteer efforts)
  • Alignment with specific foundation initiatives like Purple Purse or youth empowerment programs
  • Partnership opportunities that demonstrate clear alignment with the foundation's four key focus areas

Decision Timeline

Not publicly disclosed

Success Rates

Not publicly available

Reapplication Policy

Not publicly specified

Application Success Factors

While The Allstate Foundation does not have a public application process, organizations that have successfully partnered with the foundation typically:

  • Demonstrate clear alignment with one of the foundation's four key focus areas
  • Show measurable impact in youth empowerment, relationship abuse prevention, or workforce development
  • Have capacity to engage Allstate employees and agents as volunteers
  • Provide opportunities for skills-based volunteering and leadership development
  • Focus on creating systemic change rather than one-time interventions

Key Takeaways for Grant Writers

  • The Allstate Foundation operates primarily through strategic partnerships rather than open grant applications
  • Strong emphasis on employee engagement - organizations that can involve Allstate volunteers have better partnership potential
  • Focus areas are clearly defined: youth empowerment, relationship abuse prevention, workforce readiness, and nonprofit leadership
  • The foundation matches employee giving, suggesting strong internal culture of philanthropy
  • With $38.2 million in annual giving and $89.3 million in assets, the foundation has substantial resources
  • Best approach is through relationship building and demonstrating alignment with existing programs rather than unsolicited proposals

References

  • Allstate Corporation Website - The Allstate Foundation Page (accessed December 2024)
  • ProPublica Nonprofit Explorer - Allstate Foundation Profile (accessed December 2024)
  • GuideStar Profile - EIN 36-6116535 (accessed December 2024)
  • Charity Navigator - Allstate Foundation Profile (accessed December 2024)
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