Inspiring Conversations: Truist Foundation Supports NCGrowth in Creating Sustainable and Equitable Opportunities

Rhea-AI Summary

Truist Foundation, aligned with Truist Financial Corporation (NYSE: TFC), is dedicated to fostering equitable development across the Carolinas. Under the leadership of Mark Little, NCGrowth collaborates with local businesses to create sustainable job opportunities. Recently, a century-old family farm, historically owned by descendants of enslaved individuals, benefitted from NCGrowth's efforts by connecting with a boutique grocer, enhancing distribution and market reach. Truist Foundation, established in 2020, focuses its investments on career mobility and small business growth, ensuring communities access improved quality of life. For more insights on their initiatives, you can listen to a discussion between Truist Foundation President Lynette Bell and Mark Little.

Positive

• Truist Foundation's initiatives promote equitable development and job creation.
• NCGrowth facilitated a significant distribution partnership for a historic family farm.
• Focus on strengthening small businesses and economic mobility through strategic investments.

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / April 25, 2023 / NCGrowth at the UNC Kenan Institute of Private Enterprise aims to help businesses create good jobs and to help communities across the Carolinas create sustainable and equitable opportunities. Founding Executive Director Mark Little leads efforts to produce applied research and develop innovative policies that promote equitable development and hosts unique, cross-sector gatherings and workshops to bring together diverse perspectives.

A recent client of the organization is a century farm, owned in the same family for more than 100 years by ancestors who were previously enslaved on the land. NCGrowth helped connect the farm to a boutique grocer in North Carolina which expanded the farm's distribution.

On a recent episode of Inspiring Conversations, Truist Foundation's audio series with nonprofit leaders doing the work, Truist Foundation President Lynette Bell and Mark discuss and envision an economy that has opportunities for everyone to prosper.

To learn more, listen to Lynette's conversation with Mark.

About Truist Foundation

Truist Foundation is committed to Truist Financial Corporation's (NYSE: TFC) purpose to inspire and build better lives and communities. Established in 2020, Truist Foundation makes strategic investments in nonprofit organizations to help ensure the communities it serves have more opportunities for a better quality of life. Truist Foundation's grants and activities focus on building career pathways to economic mobility and strengthening small businesses. Learn more at truist.com/foundation.

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 source version on accesswire.com:
https://www.accesswire.com/751100/Inspiring-Conversations-Truist-Foundation-Supports-NCGrowth-in-Creating-Sustainable-and-Equitable-Opportunities

FAQ

What is the role of Truist Foundation in supporting businesses?

Truist Foundation aims to create sustainable and equitable job opportunities through strategic investments in nonprofit organizations.

How did NCGrowth assist a century-old farm?

NCGrowth connected the farm to a boutique grocer in North Carolina, enhancing its distribution capabilities.

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

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

When was the Truist Foundation established?

Truist Foundation was established in 2020.

Who leads NCGrowth's initiatives?

Mark Little serves as the Founding Executive Director of NCGrowth.