Expanding Opportunity
June 02, 2026

Purpose in Action

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AOF Deal Teams combine Apollo’s capital and employee expertise to help strengthen nonprofit execution and expand opportunity at scale – while deepening employee engagement, cross-platform networks and firmwide value. 

The Apollo Opportunity Foundation’s mission is to expand opportunity by deploying capital and engaging its people. The compounding effects of this approach, which yields stronger nonprofits, more engaged employees, and builds firmwide value, can be seen in an independent analysis conducted by social impact firm FSG.

When we launched the Apollo Opportunity Foundation (AOF) four years ago, we set out to leverage the entire Apollo ecosystem to expand opportunity. We channeled Apollo’s investment philosophy into how we partner with nonprofits through the creation of “philanthropic” deal teams. In this model, cross-functional groups of 5 to 10 Apollo employees partner with each grantee on hands-on, strategic advisory, and skills-based projects over a multi-year period, pairing grant funding with the time, talent, and investor mindset of our people.

Since launch, we have deployed $24 million across 28 grantees and contributed over 10,400 hours from 200+ Deal Team members as of June 1, 2026.

Diagram showing three interconnected outcomes. Top left: "Engaged Employees — with enhanced skills, purpose, and internal and external networks." Top right: "Stronger Nonprofits — with improved strategy, operations, and beneficiary reach." Bottom center: "Purposeful Futures — firmwide value earned through strengthening culture, employee retention, leadership development and talent outcomes." Arrows connect the top two elements to the bottom outcome, illustrating how engaged employees and stronger nonprofits together create purposeful futures.

What the Research Shows

To assess the model's impact, social impact consulting firm FSG conducted an analysis of the AOF Deal Team operating model and associated outcomes. The findings are:

For our grantees, the model goes well beyond the check. 100% of grantees surveyed say the partnership helped strengthen their mission delivery through improvements in strategy, operations and execution, and 92% say AOF is differentiated among funders today.

"When a partner invests not just financially but relationally, that's what creates the biggest long-term impact."

- AOF grantee

For our people, the impact is equally tangible. 95% of Deal Team members built new connections across functions, offices, and seniority levels. Over 90% say participation improved their sense of purpose, pride in Apollo and overall employee experience, and 83% say it strengthened their professional development.

"It helps you establish your personal brand at the firm in an authentic, organic way that builds deeper relationships."

- AOF Deal Team member

For the firm, these effects compound. 95% of Deal Team members say participation changed how they see employees' role in driving social impact, and 86% say it strengthened their ability to represent Apollo's principles. The model embeds skills-based volunteering into talent strategy, not peripheral philanthropy.

Four years into our ten-year $100 million commitment, we are proud of what the AOF Deal Team model has achieved, and we hope it offers a blueprint for other social sector stakeholders ready to pair capital with the time and talent of people.

To learn more, read the full report. 

Download the Report

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