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Truist Foundation announces $250,000 disaster relief, recovery grant in advance of Hurricane Francine hitting U.S. Gulf Coast
TruistTruist(US:TFC) Prnewswireยท2024-09-11 13:43

Group 1 - Truist Foundation announced a donation of $250,000 to support relief and recovery efforts in communities affected by Hurricane Francine [1][2] - The funds will be allocated to the American Red Cross and the Center for Disaster Philanthropy's Atlantic Hurricane Season Recovery Fund, focusing on immediate needs such as food, shelter, and medical services [1][2] - A portion of the donation will also support medium- and long-term recovery efforts, including rebuilding homes and providing mental health and legal services [2] Group 2 - Earlier in the year, Truist Foundation contributed $1 million to the American Red Cross Annual Disaster Giving Program to facilitate rapid assistance to disaster-impacted communities [3] - This earlier funding aims to provide essential supplies like food, shelter, and emotional support to thousands affected by disasters [3] Group 3 - Truist Foundation, established in 2020, operates independently of Truist Financial Corporation and focuses on building career pathways and strengthening small businesses [4] - The foundation's initiatives include the Inspire Awards and Where It Starts, aimed at ensuring equal opportunities for all communities [4]