Winston-Salem Journal, March 2, 2020: Truist debuts charitable foundation with emphasis on education, economic mobility
Truist Financial Corp. debuted Monday its charitable foundation which will work to assist nonprofit groups within its 17-state territory.
The foundation said it will have four main priorities:
- Leadership development of nonprofit and community-based leaders;
- Economic mobility to assist in breaking the cycle of poverty and creating a growth economy in communities;
- Helping in developing healthy, resilient communities; and
- Enhancing and transforming education in underserved communities.
The plan was drafted in cooperation with the National Community Reinvestment Coalition, an association of more than 600 community-based organizations that promotes access to essential banking services, affordable housing, entrepreneurship, job creation and vibrant communities.