Truist Foundation releases multiyear report on strategic philanthropy impact

Core Insights - Truist Foundation's grantmaking strategy, launched in 2020, focuses on strengthening small businesses and building career pathways to enhance economic mobility and community well-being [1][4] - The Foundation emphasizes a transparent grantmaking process, measurement, capacity building, and ecosystem support to drive upward economic mobility in underfunded regions [2][3] Funding Impact - Since 2021, Truist Foundation's strategic funding has created or retained 26,800 jobs, provided support services to nearly 26,000 workers, supported over 18,000 small businesses, and placed nearly 16,000 workers into jobs [5] - The Foundation's approach aims to unlock quality jobs and elevate small business ecosystems, demonstrating a scalable model for other funders [1][2] Organizational Commitment - Truist Foundation is dedicated to fulfilling Truist Financial Corporation's purpose of inspiring and building better lives and communities through strategic investments in nonprofit organizations [4] - The Foundation's initiatives, such as the Inspire Awards and Where It Starts, reflect its commitment to enhancing economic opportunities for all [4]