Truist

CornerSquare Community Capital Supports Ethnically, Racially Diverse and Women-Owned Small Businesses

Blog

A $40 million initial donation from Truist Financial Corporation* has established CornerSquare Community Capital. This new national nonprofit fund will help select community development financial institutions (CDFIs) increase their lending capacity with their existing capital to support more small businesses.

How a Local Agency Removes the Barriers That Keep Underserved Families in Poverty

In one of the country’s most impoverished regions, a local nonprofit and a Truist Cares* grant bring hope and opportunity to single-parent households, homeless youth, and others in need.
Blog

In February 2020, while most of America enjoyed 3.5% unemployment and unprecedented economic prosperity, Kentucky resident Iyeshia Lattimore was barely getting by.

Greenville Technical College Opens Doors to Truist Culinary and Hospitality Innovation Center

$1 Million Grant from Truist Foundation Supports Center’s Opening, Educational Programs and Scholarships
Press Release

GREENVILLE, S.C., September 29, 2020 /3BL Media/ – Greenville Technical College today announced the opening of the Truist Culinary and Hospitality Innovation Center. A $1 million grant from the Truist Foundation to the Greenville Tech Foundation funded renovations for the center and will support educational programs and scholarships for students. The new facility is the anchor tenant for Poe West, a culinary and hospitality-focused development at 556 Perry Ave. in the west Greenville community.

Truist Donates $40 Million to Launch Innovative Nonprofit Fund Supporting Ethnically, Racially Diverse and Women-Owned Small Businesses

Commitment to the CDFI sector designed to significantly increase investment in communities and entrepreneurs that have experienced decades of underinvestment
Press Release

CHARLOTTE, N.C., September  23, 2020 /3BL Media/ – Truist Financial Corporation (NYSE: TFC) today announced a $40 million initial donation to help establish CornerSquare Community Capital, a new national nonprofit fund that will support selected community development financial institutions (CDFIs) through the purchase of 25% loan participations.

Truist's First Corporate Social Responsibility Report Highlights Significant Merger, Diversity Commitments

Report Shares Key Diversity, Environmental, Social and Corporate Governance (ESG) Performance and Ongoing Support of Pandemic Relief, Racial Equity
Press Release

CHARLOTTE, N.C., September 3, 2020 /3BL Media/ – Truist Financial Corporation (NYSE: TFC) today released its first Corporate Social Responsibility (CSR) Report following the historic merger of equals between BB&T and SunTrust in December of last year. The report reveals the new company’s near and long-term approaches for its economic and environmental, social and governance (ESG) impact.

Truist Foundation and TechSoup Featured in Digital Infrastructure Roadmap for Nonprofit Partners

Article

As society continues to evolve, propelling social change requires an investment in digital resources and the capacity to effectively and efficiently deliver a mission with maximum impact.

TechSoup is a recipient of a Truist Cares* grant to extend digital capacity building of nonprofits.

Truist Named LISC Donor of the Month, August 2020.

Blog

This content was originally posted by, and on, LISC.org, August 2020.

The COVID-19 pandemic has not only illuminated the magnitude of the racial health and wealth gaps across the country, but has also shone a spotlight on the additional hurdles that rural communities face in comparison to their urban counterparts due to limited access to capital, support services, and connectivity.

How the Pandemic Redefined Truist's Philanthropic Priorities

By Allissa Kline, American Banker
Article

Ahead of the merger of BB&T and SunTrust Banks, executives spent months fine-tuning the scope and details of an endowed foundation that would blend the two banks’ charitable missions.

Webinar: Building an Employee Relief Program

Blog

As the global pandemic has affirmed, it's more important than ever for companies to have a support system for employees impacted by a disaster or personal hardship. Truist Foundation President Lynette Bell and E4E Relief CEO Holly Welch Stubbing will share their insights on establishing a charitable employee relief fund program.

Truist Doubles its Commitment to COVID-19 Relief Efforts, Totaling $50 Million

Truist helps rebuild underserved communities through small business support and connective technology
Press Release

CHARLOTTE, N.C., May 20, 2020 /3BL Media/ – Truist Financial Corporation (NYSE: TFC) today announced it will commit an additional $25 million philanthropic pledge as part of its Truist Cares initiative, now totaling $50 million. The financial services company launched Truist Cares* earlier this year in response to the COVID-19 pandemic to meet the immediate and long-term needs of communities, clients and teammates.

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