Funds will be used to prepare, respond and
restore in impacted communities
CHARLOTTE, N.C., Sept. 26,
2024 /PRNewswire/ -- As Hurricane Helene travels
toward the Florida panhandle,
Truist Foundation today announced it will donate $500,000 to support relief and recovery efforts
in communities impacted by the storm. The funds will be distributed
to the American Red Cross and World Central Kitchen for immediate
relief efforts as well as Center for Disaster Philanthropy's
Atlantic Hurricane Season Fund for long-term recovery efforts.
"Our hearts go out to our teammates, clients and communities in
the path of Hurricane Helene, which is expected to make landfall as
the strongest storm yet this hurricane season," said Lynette Bell, president of Truist Foundation.
"The importance of Truist's purpose to inspire and build better
lives and communities is never clearer than when disaster strikes.
Truist Foundation is dedicated to ensuring communities have the
critical resources needed to prepare, respond and restore as
quickly as possible."
The selected organizations will use their grant funds to
identify and deliver the most essential immediate community needs
such as access to food, shelter and medical services. A portion of
the donation will be focused on medium- and long-term recovery
informed by disaster experts in partnership with those in the
affected communities. Restoration efforts may address needs such as
rebuilding homes, providing mental health, legal and disaster case
management services, and other urgent challenges identified as
recovery efforts progress.
Additionally, earlier this year, Truist Foundation donated
$1 million to the American Red Cross
Annual Disaster Giving Program, designed to deploy assistance
quickly to communities impacted by events such as Hurricane Helene.
Those funds help provide food, shelter, emotional support, comfort
kits and other immediate relief supplies to thousands of families
and individuals impacted by such disasters.
About Truist Foundation
Truist Foundation is committed to Truist Financial Corporation's
(NYSE: TFC) purpose to inspire and build better lives and
communities. The foundation, an endowed private foundation
established in 2020 whose operating budget is independent of Truist
Financial Corporation, makes strategic investments in a wide
variety of nonprofit organizations centered around two focus areas:
building career pathways to economic mobility and strengthening
small businesses to ensure all communities have an equal
opportunity to thrive. Embodying these focus areas are the
foundation's leading initiatives — the Inspire Awards and Where It
Starts. Learn more at Truist.com/Foundation.
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SOURCE Truist Foundation