STOCK TITAN

Foundation Forward: The Latest Truist Foundation News | Q2 2024

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Truist Foundation's Q2 2024 newsletter highlights the organization's commitment to economic mobility and small business support through strategic investments in nonprofits. The April 2024 Inspire Awards, hosted by Greg Olsen, featured seven finalists who participated in a six-month development program. Centro Community Partners won first place and Audience Favorite, while Immigrants Rising secured second place. Truist Foundation President Lynette Bell and MIT Solve Executive Director Hala Hanna discussed the Inspire Awards in a podcast, and Bell co-chaired the AFN conference to promote economic equity. The foundation expressed gratitude towards its board members for their contributions.

Positive
  • Truist Foundation's investment in building career pathways and strengthening small businesses.
  • Centro Community Partners won first place and Audience Favorite at the Inspire Awards.
  • Immigrants Rising secured second place at the Inspire Awards.
  • Seven finalists experienced growth through a six-month development program.
  • President Lynette Bell's involvement in the AFN conference to advance economic equity.
Negative
  • No direct mention of financial performance or specific metrics related to Truist Financial 's stock (TFC).

NORTHAMPTON, MA / ACCESSWIRE / June 14, 2024 / This quarterly newsletter showcases how Truist Foundation supports Truist Financial Corporation's purpose to inspire and build better lives and communities through 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. Click here to sign up to receive the newsletter via email.

The results are in…

In April, our 2024 Inspire Awards program came to an exciting end as Greg Olsen hosted the Truist Foundation Inspire Awards show. We heard pitches from our seven incredible finalists and announced the first-place, second-place, and Audience Favorite grant recipients.

We're so proud of the growth we've seen from all seven of the finalists after participating in our six-month wraparound development program and couldn't be happier for our first-place and Audience Favorite grant recipient, Centro Community Partners, and our second-place grant recipient, Immigrants Rising.
Watch the recap video
Learn about the finalists

Inspiring Conversations

Hear from Truist Foundation President Lynette Bell and MIT Solve Executive Director Hala Hanna about how they came together for the Inspire Awards.
Listen to the podcast

Intentionality in grantmaking

Lynette Bell co-chaired and presented at this year's AFN conference where leaders from across the country convened to advance economic equity.
Read her post

Thank you, board members.

We inspire and build better lives and communities every day, but we couldn't do it without our incredible board members. Thank you!
Meet our board



View additional multimedia and more ESG storytelling from Truist on 3blmedia.com.

Contact Info:
Spokesperson: Truist
Website: https://www.3blmedia.com/profiles/truist
Email: info@3blmedia.com

SOURCE: Truist



View the original press release on accesswire.com

FAQ

What were the outcomes of the Truist Foundation Inspire Awards in April 2024?

Centro Community Partners won first place and Audience Favorite, while Immigrants Rising secured second place.

Which organizations were recognized at the Truist Foundation Inspire Awards?

Centro Community Partners and Immigrants Rising were recognized, with Centro Community Partners winning first place and Audience Favorite.

Who hosted the Truist Foundation Inspire Awards in April 2024?

The Truist Foundation Inspire Awards were hosted by Greg Olsen.

What are the focus areas of Truist Foundation's investments?

Truist Foundation focuses on building career pathways to economic mobility and strengthening small businesses.

How did the finalists in the Inspire Awards benefit from Truist Foundation?

The seven finalists participated in a six-month wraparound development program.

Who discussed the Inspire Awards in a podcast?

Truist Foundation President Lynette Bell and MIT Solve Executive Director Hala Hanna discussed the Inspire Awards in a podcast.

What role did Lynette Bell play at the AFN conference?

Lynette Bell co-chaired and presented at the AFN conference to advance economic equity.

Truist Financial Corporation

NYSE:TFC

TFC Rankings

TFC Latest News

TFC Stock Data

61.46B
1.33B
0.28%
77.88%
1.1%
Banks - Regional
National Commercial Banks
Link
United States of America
CHARLOTTE