STOCK TITAN

Truist Foundation announces six finalists for third Inspire Awards

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Truist Foundation has announced six finalists for its third Inspire Awards, a grant program supporting nonprofits focused on workforce development solutions for mid- and late-career adults. The finalists will participate in a six-month development program in collaboration with MIT Solve, including training at the Truist Leadership Institute.

The selected organizations include: Breaking Barriers Through Deconstruction, FreeWorld, ReCastED, Safety Net Tool for Economic Mobility, Seniors R The Answer, and Veterans Electrical Entry Program (VEEP). Each finalist offers innovative solutions for reskilling, upskilling, and career navigation.

The program will culminate on November 12, 2025, with grant distributions of $250,000 for first place, $150,000 for second place, $25,000 for runners-up, and an additional $75,000 for the audience favorite.

La Truist Foundation ha annunciato sei finalisti per i suoi terzi Award Inspire, un programma di sovvenzioni che supporta le organizzazioni no-profit focalizzate su soluzioni di sviluppo della forza lavoro per adulti a metà e tarda carriera. I finalisti parteciperanno a un programma di sviluppo di sei mesi in collaborazione con MIT Solve, che include formazione presso il Truist Leadership Institute.

Le organizzazioni selezionate includono: Breaking Barriers Through Deconstruction, FreeWorld, ReCastED, Safety Net Tool for Economic Mobility, Seniors R The Answer e Veterans Electrical Entry Program (VEEP). Ciascun finalista offre soluzioni innovative per il riqualificamento, l'upskilling e la navigazione della carriera.

Il programma culminerà il 12 novembre 2025, con distribuzioni di sovvenzioni di $250,000 per il primo posto, $150,000 per il secondo posto, $25,000 per i finalisti e un ulteriore $75,000 per il favorito del pubblico.

La Fundación Truist ha anunciado seis finalistas para sus terceros Premios Inspire, un programa de subvenciones que apoya a organizaciones sin fines de lucro centradas en soluciones de desarrollo de la fuerza laboral para adultos en etapas medias y tardías de su carrera. Los finalistas participarán en un programa de desarrollo de seis meses en colaboración con MIT Solve, que incluye capacitación en el Truist Leadership Institute.

Las organizaciones seleccionadas son: Breaking Barriers Through Deconstruction, FreeWorld, ReCastED, Safety Net Tool for Economic Mobility, Seniors R The Answer y Veterans Electrical Entry Program (VEEP). Cada finalista ofrece soluciones innovadoras para la re-capacitación, el upskilling y la navegación de carrera.

El programa culminará el 12 de noviembre de 2025, con distribuciones de subvenciones de $250,000 para el primer lugar, $150,000 para el segundo lugar, $25,000 para los finalistas y un adicional de $75,000 para el favorito del público.

트루이스트 재단은 중장년층을 위한 인력 개발 솔루션에 중점을 둔 비영리 단체를 지원하는 세 번째 인스파이어 어워드의 6명의 최종 후보를 발표했습니다. 최종 후보들은 MIT Solve와 협력하여 6개월 개발 프로그램에 참여하며, 트루이스트 리더십 연구소에서 교육을 받게 됩니다.

선정된 단체는 Breaking Barriers Through Deconstruction, FreeWorld, ReCastED, Safety Net Tool for Economic Mobility, Seniors R The Answer, Veterans Electrical Entry Program (VEEP)입니다. 각 최종 후보는 재교육, 업스킬링 및 경력 탐색을 위한 혁신적인 솔루션을 제공합니다.

프로그램은 2025년 11월 12일에 마무리되며, 1위에게는 $250,000, 2위에게는 $150,000, 준우승자에게는 $25,000, 그리고 관객의 선택에 따라 추가로 $75,000가 지급됩니다.

La Fondation Truist a annoncé six finalistes pour ses troisièmes Prix Inspire, un programme de subventions soutenant les organisations à but non lucratif axées sur les solutions de développement de la main-d'œuvre pour les adultes en milieu et en fin de carrière. Les finalistes participeront à un programme de développement de six mois en collaboration avec MIT Solve, incluant une formation à l'Institut de leadership Truist.

Les organisations sélectionnées comprennent : Breaking Barriers Through Deconstruction, FreeWorld, ReCastED, Safety Net Tool for Economic Mobility, Seniors R The Answer et Veterans Electrical Entry Program (VEEP). Chaque finaliste propose des solutions innovantes pour la reconversion, le perfectionnement et l'orientation professionnelle.

Le programme culminera le 12 novembre 2025, avec des distributions de subventions de $250,000 pour la première place, $150,000 pour la deuxième place, $25,000 pour les finalistes et un supplément de $75,000 pour le favori du public.

Die Truist Foundation hat sechs Finalisten für ihre dritten Inspire Awards bekannt gegeben, ein Förderprogramm, das gemeinnützige Organisationen unterstützt, die sich auf Lösungen zur Entwicklung der Arbeitskräfte für Erwachsene in der Mitte und im späteren Karriereverlauf konzentrieren. Die Finalisten werden an einem sechsmonatigen Entwicklungsprogramm in Zusammenarbeit mit MIT Solve teilnehmen, das Schulungen am Truist Leadership Institute umfasst.

Die ausgewählten Organisationen sind: Breaking Barriers Through Deconstruction, FreeWorld, ReCastED, Safety Net Tool for Economic Mobility, Seniors R The Answer und Veterans Electrical Entry Program (VEEP). Jeder Finalist bietet innovative Lösungen für Umschulung, Weiterbildung und Karriereberatung.

Das Programm wird am 12. November 2025 mit der Vergabe von Zuschüssen in Höhe von $250,000 für den ersten Platz, $150,000 für den zweiten Platz, $25,000 für die Drittplatzierten und zusätzlich $75,000 für den Publikumspreis enden.

Positive
  • Significant grant funding available ($250,000 first place, $150,000 second place)
  • Partnership with prestigious MIT Solve initiative enhances program credibility
  • Comprehensive support program for finalists including training and coaching
Negative
  • None.

Finalists to receive funding, six-month support program to help scale innovative workforce solutions for mid- and late-career adults

CHARLOTTE, N.C., April 7, 2025 /PRNewswire/ -- Truist Foundation today announced the six finalists for its third Inspire Awards, a grant program supporting nonprofit organizations that are pioneering workforce development solutions for adults in the middle or later stages of their careers. These organizations have been selected for their innovative approaches to reskilling, upskilling and career navigation, all aimed at fostering long-term economic mobility and financial stability. At a time when less than half (47%) of U.S. employees are confident in the skills they need to be exceptional in their current roles, this initiative is crucial for boosting workforce readiness and driving economic resilience nationwide.

In collaboration with MIT Solve, an initiative of the Massachusetts Institute of Technology (MIT), the Inspire Awards finalists will begin a six-month development program designed to help enhance and scale their solutions. The program includes in-person training at the Truist Leadership Institute, one-on-one coaching and skill-building workshops to strengthen their impact.

"At Truist Foundation, we are committed to supporting nonprofits that are driving meaningful career opportunities for mid- and late-career adults," said Lynette Bell, president of Truist Foundation. "The Inspire Awards finalists exemplify the kind of forward-thinking solutions that help individuals navigate career transitions, gain new skills and achieve long-term financial security. We are proud to work with MIT Solve to support these organizations and bring Truist's purpose to life through their groundbreaking ideas."

Meet the 2025 Inspire Awards finalists 
The following organizations have been selected as finalists for their innovative career development solutions:

  • Breaking Barriers Through Deconstruction by Lifecycle Building Center – A training program that equips adults in low-income communities with skills in building material recovery (deconstruction) and the reuse of these materials via home repairs and energy efficient improvements.
  • FreeWorld by FreeWorld – A tech-enabled solution that reskills and places formerly incarcerated citizens into the trucking industry.
  • ReCastED by the Masonry Foundation – A mentorship-driven model that offers tradespeople a flexible pathway to Career and Technical Education (CTE) teaching positions to bridge industry gaps.
  • Safety Net Tool for Economic Mobility by Integrity Transformations Community Development Corporation – A digital platform, BestFit, that serves as a one-stop-shop for organizations looking to assist adult learners with managing basic needs insecurity and nonacademic barriers.
  • Seniors R The Answer by Encore Employment Enterprise Inc. – A call-center training program, tailored for older adults seeking employment and supported by wraparound services.
  • Veterans Electrical Entry Program (VEEP) by electrical training ALLIANCE – A pre-apprenticeship program for military personnel who want to reenter the civilian workforce in the rewarding, high-demand electrical trade.

"This is our third year working with Truist Foundation to catalyze their mission of supporting nonprofits making an impact in the U.S.," said Hala Hanna, executive director of MIT Solve. "Truist Foundation's commitment to this work is reflected in the finalists selected, all making tireless contributions to their communities in an effort to expand opportunity and economic stability. This progress is fundamental for a thriving society."

Looking Ahead: Inspire Awards ceremony and funding
The Inspire Awards will culminate in an exciting event on Nov. 12, 2025, where the finalists will showcase their solutions to a live and virtual audience. At the conclusion of the event, Truist Foundation will announce the first-place grant recipient, second place, and audience favorite solutions, with total grant funding distributed as follows:

  • First Place Grant Award: $250,000
  • Second Place Grant Award: $150,000
  • Runners-up Grant Awards: $25,000 each
  • Audience Favorite Grant Award: Additional $75,000

Registration to watch the event live is anticipated to open in late summer. Virtual attendees will have the opportunity to vote for the audience favorite during the show. For additional details and updates, visit Truist.com/InspireAwards.

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 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.

Cision View original content:https://www.prnewswire.com/news-releases/truist-foundation-announces-six-finalists-for-third-inspire-awards-302422023.html

SOURCE Truist Foundation

FAQ

What is the total prize money for Truist Foundation's 2025 Inspire Awards?

The total prize money includes $250,000 for first place, $150,000 for second place, $25,000 each for runners-up, and an additional $75,000 for the audience favorite.

When will the 2025 Truist Foundation Inspire Awards ceremony take place?

The Inspire Awards ceremony will take place on November 12, 2025, featuring live and virtual audience participation.

What support do Inspire Awards finalists receive from Truist Foundation?

Finalists receive a six-month development program including in-person training at Truist Leadership Institute, one-on-one coaching, and skill-building workshops.

Who are the six finalists for the 2025 Truist Foundation Inspire Awards?

The finalists are Breaking Barriers Through Deconstruction, FreeWorld, ReCastED, Safety Net Tool for Economic Mobility, Seniors R The Answer, and Veterans Electrical Entry Program.
Truist Finl Corp

NYSE:TFC

TFC Rankings

TFC Latest News

TFC Stock Data

45.48B
1.30B
0.22%
78.75%
1.73%
Banks - Regional
National Commercial Banks
Link
United States
CHARLOTTE