Truist Foundation

1.5 Million Meals: How Virginia's Food Banks Are Feeding Families Safely

As food banks across the country struggle during the pandemic, a Truist Cares* grant has helped Virginia’s food banks meet the unprecedented demand.
Blog

Across Virginia, Feeding America predicts the number of people facing food insecurity to increase by about 50% this year due to the pandemic.

The Truist Foundation Awards Purpose Built Communities $7 Million Grant

Grant to advance work to improve health outcomes, economic mobility and racial equity in neighborhoods throughout U.S.
Summary: 

Watch Bill Rogers, president and chief operating officer, Truist Financial Corporation, and chairman of the board, Truist Foundation, and Shirley Franklin, executive chair of the board of directors, Purpose Built Communities, make the announcement about a $7 million Truist Foundation grant to Purpose Built Communities during the nonprofit’s 11th annual conference.

Press Release

Watch Bill Rogers, president and chief operating officer, Truist Financial Corporation, and chairman of the board, Truist Foundation, and Shirley Franklin, executive chair of the board of directors, Purpose Built Communities, make the announcement about a $7 million Truist Foundation grant to Purpose Built Communities during the nonprofit’s 11th annual conference.

Feeding Kids and Fueling Dreams During a Pandemic

Boys & Girls Clubs of America, a Truist Cares* grant recipient, continues to help underserved youth find comfort and hope when it’s needed most.
Blog

Truist Cares Grant Helps Close Digital Divide for 2,100 Students

Multimedia with summary

The COVID-19 pandemic made the back-to-school season anything but routine for parents with school-aged children, and remote learning proved more of a challenge for some. Inequities in internet and technology access existed before the pandemic. But a Truist Cares grant to Community Education Alliance, who worked with Empowering Communities Corp, helped bridge the gap so students could thrive academically, socially and emotionally.

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.

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.

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.

Truist Commits $2 Million to Support Small Businesses Affected by the COVID-19 Pandemic

Truist Cares initiative funds grants for distribution through community development financial institutions to support small business operating capital
Press Release

CHARLOTTE, N.C., March 25, 2020/ 3BL Media/ – Truist Financial Corporation (NYSE: TFC) today announced a commitment of $1 million each to LiftFund and Natural Capital Investment Fund, community development financial institutions (CDFIs), to support small businesses affected by the COVID-19 pandemic in communities that Truist serves. The $2 million commitment is part of the financial services company’s Truist Cares initiative with a focus on Truist Cares for Small Businesses.

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