Apollo Global Management provides private-equity resources to nonprofits

The Apollo Opportunity Foundation is providing 28 nonprofit organizations with access to the same operational playbook used by Apollo Global Management for its portfolio companies. This support includes leadership training, operational guidance, data and digital transformation, talent management, and recruitment expertise.

In addition to capital, the foundation pairs each nonprofit with a deal team of five to 10 employees from Apollo or Athene. These employees provide strategic advice and perform pro-bono projects. The foundation has provided over $13 million to grantees and has committed to $100 million in funding over the next decade.