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Truist Foundation supports Southeastern communities impacted by Tropical Storm Debby with $100,000 grant
TruistTruist(US:TFC) Prnewswireยท2024-08-05 02:00

Core Points - Truist Foundation announced a donation of $100,000 to support relief and recovery efforts for communities affected by Tropical Storm Debby [1][2] - The funds will be allocated to the Center for Disaster Philanthropy's Atlantic Hurricane Season Recovery Fund, the American Red Cross, and United Way Worldwide [1] - The foundation emphasizes the importance of providing funding to disaster relief organizations before, during, and after storms [2] Funding Utilization - The selected organizations will use the grant to address immediate community needs such as food, shelter, and medical services [2] - A portion of the donation will focus on medium- and long-term recovery efforts, including rebuilding homes and providing mental health and legal services [2] - Earlier in the year, Truist Foundation donated $1 million to the American Red Cross Annual Disaster Giving Program for rapid assistance to disaster-impacted communities [3] Truist Foundation Overview - Truist Foundation is committed to inspiring and building better lives and communities, operating independently from Truist Financial Corporation [4] - The foundation focuses on two main areas: building career pathways to economic mobility and strengthening small businesses [4] - Key initiatives include the Inspire Awards and Where It Starts, aimed at ensuring equal opportunities for all communities [4]