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Truist Foundation increases support for Southeastern communities impacted by storm Debby
TruistTruist(US:TFC) Prnewswireยท2024-08-07 19:40

Group 1 - Truist Foundation announced an additional $100,000 grant to support relief and recovery efforts in South Carolina and North Carolina due to anticipated flooding from storm Debby [1] - This new grant is in addition to a previously announced $100,000 grant for Florida and Georgia, totaling $200,000 in recent disaster relief funding [2] - The funds will be allocated to the Center for Disaster Philanthropy's Atlantic Hurricane Season Recovery Fund and the American Red Cross, focusing on immediate community needs such as food, shelter, and medical services [3][4] Group 2 - Earlier in the year, Truist Foundation contributed $1 million to the American Red Cross Annual Disaster Giving Program to provide rapid assistance to communities affected by disasters [4] - The foundation aims to inspire and build better lives and communities, focusing on economic mobility and strengthening small businesses [5] - Truist Foundation operates independently of Truist Financial Corporation and was established in 2020, emphasizing strategic investments in nonprofit organizations [5]