Truist Foundation Commits $500,000 for Hurricane Idalia Relief
- Truist Foundation donates $500,000 to support relief and recovery efforts for communities impacted by Hurricane Idalia
- Truist Foundation previously donated $1 million to the American Red Cross
- The funding will be dispersed between the American Red Cross, Center for Disaster Philanthropy, and United Way
- None.
CHARLOTTE, NC / ACCESSWIRE / August 29, 2023 / As Hurricane Idalia rapidly accelerates and makes its way towards land, Truist Foundation announced it will donate
This grant is in addition to the
"As Hurricane Idalia nears landfall, we stand ready to support our teammates, clients and communities who may be impacted by this storm," said Lynette Bell, president of Truist Foundation. "Truist Foundation is committed to working with our disaster partners to address critical housing, health and hunger-related needs that arise. Our goal is for our investment to provide aid at a time of need to help lessen the impact of this potentially devastating storm."
Truist Foundation recognizes that recovery will take time following a storm of this magnitude, so a portion of the
"While the full impact of Hurricane Idalia is unknown, we recognize that supporting relief efforts in advance is one way we can demonstrate our care for our teammates, clients and the communities we serve," said Tony Coley, group regional president for Truist. "Through our financial commitment and partnerships, Truist will be there to help our neighbors rebuild as quickly as possible while living out our purpose to inspire and build better lives and communities."
The foundation is also helping to ensure there is financial assistance available to Truist teammates in the path of the storm through its One Team Fund. Now through Sept. 15, 2023, Truist Foundation will double its match, contributing
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, the 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.
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