ORLANDO, FL
Truist Foundation Inc.
Quick Facts
- EIN
- 237336418
- Location
- ORLANDO, FL
- Category
- Philanthropy & Grantmaking
- Total Assets
- $547.9M
- Annual Income
- $290.9M
- IRS Ruling Year
- 1974
- Organization Type
- Corporation
- Principal Officer
- % Truist Bank
- Tax Deductibility
- Contributions are deductible
About This Foundation
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. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$70.1M
2023-3%
Total Assets
$435.6M
2023-11%
Fair Market Value
$555.9M
2023
Net Worth
$435.6M
2023
Grants Paid
$65.9M
2023
Contributions
$8
2023
Net Investment Income
$12.5M
2023
Distribution Amount
$27.7M
2023
Total Giving by Year
$11M
11$11.6M
12$14.8M
13$13.2M
14$15.7M
15$33.6M
19$81.6M
20$55.7M
21$72.1M
22$70.1M
23Asset Growth
$193.6M
11$197.2M
12$244.9M
13$254M
14$248.8M
15$510.9M
19$471.2M
20$535.3M
21$491.1M
22$435.6M
23Investment Portfolio (2023)
Total: $25.7M
Corporate Stock: $318
Corporate Bonds: $25.7M
Other Investments: $405.4M
Corporate Stock (0%)
Corporate Bonds (6%)
Other Investments (94%)
Expense Breakdown (2023)
Grants Paid$65.9M
Travel & Conferences$25K
Accounting Fees$3K
Revenue Sources (2023)
- Dividends
- $10.9M
- Capital Gains (Net)
- $2.5M
- Other Income
- $560K
- Interest
- $20
- Contributions
- $8
Financial Details (2023)
- Total Revenue
- $13.9M
- Total Expenses
- $70.1M
- Exempt Purpose Expenses
- $68.2M
- Required Distribution
- $27.7M
- Undistributed Income
- $0
- Total Liabilities
- $1
- Excise Tax
- $174K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$47.6M
Average Grant
$952K
Median Grant
$717K
Grant Range
Min$200K
Max$4M
Median: $717K
Smallest grantLargest grant
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
NY: $4.4M (5)
MA
MA: $1.5M (1)
CT
RI
OR
NV
WY
SD
IA
IL
IL: $843K (2)
IN
IN: $3.9M (1)
OH
OH: $300K (1)
PA
PA: $2.3M (1)
NJ
CA
CA: $1.5M (2)
UT
CO
CO: $450K (1)
NE
MO
KY
WV
VA
VA: $3.7M (4)
MD
MD: $856K (2)
DE
DC
DC: $7.4M (5)
AZ
NM
KS
AR
TN
TN: $1.3M (2)
NC
NC: $2.8M (4)
SC
SC: $1.2M (3)
OK
LA
MS
AL
GA
GA: $9.6M (10)
FL
FL: $2.8M (4)
HI
TX
TX: $3M (2)
GA$9.6M (10)
DC$7.4M (5)
NY$4.4M (5)
IN$3.9M (1)
VA$3.7M (4)
TX$3M (2)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| 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 | 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 |
| Growth Enterprises Nashville IncGENERAL OPERATING | Nashville, TN | $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 |
| Purpose Built Communities FdnGENERAL OPERATING | Atlanta, GA | $1M | 2022 |
| Neighborhood Reinvestment CorpGENERAL OPERATING | Washington, DC | $1M | 2022 |
| Center For Employment Opportunities IncGENERAL OPERATING | New York, NY | $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 |
| 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 |
| Boys & Girls Clubs Of America GaGENERAL OPERATING | Atlanta, GA | $500K | 2022 |
| United Way Of Greater Atlanta IncGENERAL OPERATING | Atlanta, GA | $500K | 2022 |
| WatsonGENERAL OPERATING | Boulder, CO | $450K | 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 |
| Asset Funders NetworkGENERAL OPERATING | Chicago, IL | $300K | 2022 |
| Community WorksGENERAL OPERATING | Greenville, SC | $300K | 2022 |
| Citylink CenterGENERAL OPERATING | Cincinnati, OH | $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 |
| Sweet Auburn WorksGENERAL OPERATING | Atlanta, GA | $200K | 2022 |
| Upstate Warrior Solution IncGENERAL OPERATING | Greenville, SC | $200K | 2022 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
See Similar Foundations
Philanthropy & Grantmaking
Gates Foundation
SEATTLE, WA
$78.7BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Gates Foundation Trust
KIRKLAND, WA
$77.6BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Ford Foundation
NEW YORK, NY
$17.5BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
William & Flora Hewlett Foundation
MENLO PARK, CA
$14.2BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Robert Wood Johnson Foundation
PRINCETON, NJ
$13.4BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
J Paul Getty Trust
LOS ANGELES, CA
$13BPhilanthropy & Grantmaking
More Foundations in Florida
Philanthropy & Grantmaking
Paulson Family Foundation
WEST PALM BCH, FL
$1.4BPhilanthropy & Grantmaking
Philanthropy & Grantmaking
Betty Wold Johnson Foundation
WEST PALM BCH, FL
$874.8MPhilanthropy & Grantmaking
Philanthropy & Grantmaking
The Frederick A Deluca Foundation Inc.
POMPANO BEACH, FL
$719.7MPhilanthropy & Grantmaking