Strategic investments in nonprofit organizations that support adults through two giving pillars: building career pathways to economic mobility and strengthening small businesses. The foundation funds sustainable, innovative programs, curriculum expansion, equipment, and capital needs. It specifically focuses on workforce development and supporting entrepreneurs in underserved communities.
Truist Foundation Inc. is a private corporation based in ORLANDO, FL. The foundation received its IRS ruling in 1974. The principal officer is % Truist Bank. It holds total assets of $547.9M. Annual income is reported at $290.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Truist Foundation Inc. has made 2,412 grants totaling $188M, with a median grant of $20K. Annual giving has grown from $51.9M in 2021 to $136.2M in 2022. Individual grants have ranged from $500 to $6.7M, with an average award of $78K. The foundation has supported 1,515 unique organizations. The foundation primarily supports organizations in Georgia, District of Columbia, North Carolina, which account for 30% of all grants. Grantmaking reaches organizations across 30 states. Contributions to this foundation are tax-deductible.
Truist Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2,412 grants. Its grantmaking reaches organizations primarily in GA, DC, NC.
Truist Foundation Inc. has distributed a total of $188M across 2,412 grants. The median grant size is $20K, with an average of $78K. Individual grants have ranged from $500 to $6.7M.
The application deadline is Rolling Deadlines. Contributions/Grants are made exclusively for charitable, literary, scientific and educational purposes within the meaning of IRC 501(c) (3). No grants are to be made to political and religious organizations.
Truist Foundation Inc. is headquartered in ORLANDO, FL. While based in FL, the foundation distributes grants to organizations across 30 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Truist Bank | TRUSTEE | $0 | $0 | $0 |
| Amy Collins | DIRECTOR | $0 | $0 | $0 |
| Ankur Vyas | DIRECTOR | $0 | $0 | $0 |
| Jason Cagle | DIRECTOR | $0 | $0 | $0 |
| Dr H Martin Sr - Term Expd Eoy | DIRECTOR | $0 | $0 | $0 |
Total Giving
$70.1M
Total Assets
$435.6M
Fair Market Value
$555.9M
Net Worth
$435.6M
Grants Paid
$65.9M
Contributions
$8
Net Investment Income
$12.5M
Distribution Amount
$27.7M
Total: $25.7M
Total Grants
2,412
Total Giving
$188M
Average Grant
$78K
Median Grant
$20K
Unique Recipients
1,515
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| WatsonGENERAL OPERATING | Boulder, CO | $450K | 2022 |
| American National Red CrossGENERAL OPERATING | Washington, DC | $4M | 2022 |
| Strada Collaborative IncGENERAL OPERATING | Indianapolis, IN | $3.9M | 2022 |
| Access To Capital For EntrepreneursGENERAL OPERATING | Cleveland, GA | $2.8M | 2022 |
| PeoplefundGENERAL OPERATING | Austin, TX | $2.5M |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| Ernie Reigel |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Ingrid Saunders-Jones | DIRECTOR | $0 | $0 | $0 |
| Kimberly Moore-Wright | DIRECTOR | $0 | $0 | $0 |
| David Weaver | DIRECTOR | $0 | $0 | $0 |
| Kathleen S Farrell | DIRECTOR | $0 | $0 | $0 |
| Ellen Fitzsimmons - Retird 123123 | DIRECTOR | $0 | $0 | $0 |
| Lynette Bell | PRESIDENT | $0 | $0 | $0 |
| William H Rogers - Resignd 62823 | CHAIRMAN | $0 | $0 | $0 |
| 2022 |
| Community First FundGENERAL OPERATING | Lancaster, PA | $2.3M | 2022 |
| Charities Aid Foundation AmericaGENERAL OPERATING | Alexandria, VA | $2.2M | 2022 |
| First Step Staffing IncGENERAL OPERATING | Atlanta, GA | $2M | 2022 |
| Jobs For The Future IncGENERAL OPERATING | Boston, MA | $1.5M | 2022 |
| Black Business Capital FinancingGENERAL OPERATING | Orlando, FL | $1.5M | 2022 |
| Grameen America IncGENERAL OPERATING | Jackson Hts, NY | $1.1M | 2022 |
| Purpose Built Communities FdnGENERAL OPERATING | Atlanta, GA | $1M | 2022 |
| Center For Employment Opportunities IncGENERAL OPERATING | New York, NY | $1M | 2022 |
| Skillup CoalitionGENERAL OPERATING | San Francisco, CA | $1M | 2022 |
| University Of Nc At Chapel HillGENERAL OPERATING | Chapel Hill, NC | $1M | 2022 |
| Emory UniversityGENERAL OPERATING | Atlanta, GA | $1M | 2022 |
| Act Albany Community Together IncGENERAL OPERATING | Albany, GA | $1M | 2022 |
| Neighborhood Reinvestment CorpGENERAL OPERATING | Washington, DC | $1M | 2022 |
| Growth Enterprises Nashville IncGENERAL OPERATING | Nashville, TN | $1M | 2022 |
| E4e ReliefGENERAL OPERATING | Charlotte, NC | $1000K | 2022 |
| Living Cities Inc The National CommunityGENERAL OPERATING | Washington, DC | $983K | 2022 |
| Center For Disaster Philanthropy IncGENERAL OPERATING | Washington, DC | $855K | 2022 |
| United Way WorldwideGENERAL OPERATING | Alexandria, VA | $805K | 2022 |
| Upwardly GlobalGENERAL OPERATING | New York, NY | $800K | 2022 |
| Npower IncGENERAL OPERATING | Brooklyn, NY | $765K | 2022 |
| Per Scholas IncGENERAL OPERATING | Bronx, NY | $750K | 2022 |
| University Of South FloridaGENERAL OPERATING | Tampa, FL | $684K | 2022 |
| Midland Technical College FdnGENERAL OPERATING | Columbia, SC | $665K | 2022 |
| Baltimore Community Lending IncGENERAL OPERATING | Baltimore, MD | $600K | 2022 |
| Atrium Health FoundationGENERAL OPERATING | Charlotte, NC | $550K | 2022 |
| National Main Street Center IncGENERAL OPERATING | Chicago, IL | $543K | 2022 |
| Boys & Girls Clubs Of America GaGENERAL OPERATING | Atlanta, GA | $500K | 2022 |
| United Way Of Greater Atlanta IncGENERAL OPERATING | Atlanta, GA | $500K | 2022 |
| The Tides Center Depository FboGENERAL OPERATING | San Francisco, CA | $500K | 2022 |
| Ser-Jobs For Progress Of The TexasGENERAL OPERATING | Houston, TX | $500K | 2022 |
| Amalgamated Charitable FdnGENERAL OPERATING | Washington, DC | $500K | 2022 |
| Forward Cities IncGENERAL OPERATING | Richmond, VA | $400K | 2022 |
| Community Enterprise Investments IncGENERAL OPERATING | Pensacola, FL | $350K | 2022 |
| Atlanta Wealth Building Initiative IGENERAL OPERATING | Atlanta, GA | $350K | 2022 |
| Community WorksGENERAL OPERATING | Greenville, SC | $300K | 2022 |
| Citylink CenterGENERAL OPERATING | Cincinnati, OH | $300K | 2022 |
| Asset Funders NetworkGENERAL OPERATING | Chicago, IL | $300K | 2022 |
| Living Classrooms FoundationGENERAL OPERATING | Baltimore, MD | $256K | 2022 |
| Synergies Work IncGENERAL OPERATING | Atlanta, GA | $255K | 2022 |
| University Of Central Florida FdnGENERAL OPERATING | Orlando, FL | $250K | 2022 |
| Virginia State University FoundationGENERAL OPERATING | Stpetersburg, VA | $250K | 2022 |
| River City Capital Investment CorpGENERAL OPERATING | Memphis, TN | $250K | 2022 |
| United Way Of Forsyth CountyGENERAL OPERATING | Winstonsalem, NC | $248K | 2022 |
| Association Of Chamber Of CommerceGENERAL OPERATING | Alexandria, VA | $200K | 2022 |
| Sweet Auburn WorksGENERAL OPERATING | Atlanta, GA | $200K | 2022 |
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