Inspiring Conversations: Inside the Truist Foundation and American Red Cross Partnership

Rhea-AI Summary

Truist Foundation President Lynette Bell and American Red Cross CEO Gail McGovern discuss their partnership for disaster preparedness, relief, and recovery. The conversation highlights Truist's $5 million grant for the Red Cross' Community Adaptation Program and an additional $1 million annual disaster relief grant. The discussion covers challenges faced during severe weather events and the role of humanitarian aid in economic mobility. McGovern also reflects on her legacy as she prepares to retire after 15 years. Tune into 'Inspiring Conversations' for detailed insights.

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• Truist Foundation announced a $5 million grant for the American Red Cross' Community Adaptation Program.
• Truist Foundation provides an additional $1 million annually for disaster relief.

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• None.

With Gail McGovern, president and CEO of the American Red Cross

NORTHAMPTON, MA / ACCESSWIRE / June 28, 2024 / As we prepare for another busy hurricane season - expected to be one of the most active in years - Truist Foundation President Lynette Bell connects with American Red Cross President and CEO Gail McGovern to discuss how they partner to support critical disaster preparedness, relief and recovery work.

Last year, Truist Foundation announced a $5 million grant to support the American Red Cross' Community Adaptation Program, in addition to its $1 million annual disaster relief grant.

Listen as these leaders talk about the problems the two organizations are working to solve, adversity faced by people experiencing severe weather year after year, how powering progress after disasters strike spurs economic mobility, and the future of humanitarian aid. Plus, hear firsthand about the legacy McGovern hopes to leave as she prepares to retire at the end of this month after 15 years at the helm of the American Red Cross.

Tune in to hear this compelling conversation on this episode of Inspiring Conversations, Truist Foundation's audio series with nonprofit leaders doing the work.

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

View the original press release on accesswire.com

FAQ

What partnership did Truist Foundation recently announce with the American Red Cross?

Truist Foundation announced a $5 million grant for the American Red Cross' Community Adaptation Program and an additional $1 million annual disaster relief grant.

What is the focus of the Truist Foundation and American Red Cross partnership?

The partnership focuses on disaster preparedness, relief, and recovery efforts.

When is Gail McGovern retiring from the American Red Cross?

Gail McGovern is retiring at the end of June 2024 after 15 years as CEO.

How does the Truist Foundation support economic mobility through its partnership with the American Red Cross?

The Truist Foundation aids economic mobility by funding disaster preparedness, relief, and recovery, which help communities rebuild and recover.