Winston-Salem Journal: Truist debuts charitable foundation with emphasis on education, economic mobility

Winston-Salem Journal, March 2, 2020: Truist debuts charitable foundation with emphasis on education, economic mobility

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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.