STOCK TITAN

Truist Foundation increases support for Southeastern communities impacted by storm Debby

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Truist Foundation has announced an additional $100,000 grant to support relief and recovery efforts in South Carolina and North Carolina communities impacted by storm Debby. This is on top of a previously announced $100,000 grant for Florida and Georgia. The funds will be distributed to the Center for Disaster Philanthropy's Atlantic Hurricane Season Recovery Fund and the American Red Cross.

The grants aim to address immediate needs such as food, shelter, and medical services, as well as medium- and long-term recovery efforts. Earlier this year, Truist Foundation also donated $1 million to the American Red Cross Annual Disaster Giving Program to provide quick assistance to communities affected by disasters like storm Debby.

La Truist Foundation ha annunciato un contributo aggiuntivo di 100.000 dollari per sostenere gli sforzi di soccorso e recupero nelle comunità del South Carolina e del North Carolina colpite dalla tempesta Debby. Questo si aggiunge a un precedente contributo di 100.000 dollari per la Florida e la Georgia. I fondi saranno distribuiti al Fondo per il Recupero della Stagione degli Uragani Atlantici del Center for Disaster Philanthropy e alla Croce Rossa Americana.

I contributi hanno l'obiettivo di affrontare le esigenze immediate come cibo, rifugio e servizi medici, oltre agli sforzi di recupero a medio e lungo termine. All'inizio di quest'anno, la Truist Foundation ha anche donato 1 milione di dollari al Programma Annuale di Donazioni della Croce Rossa Americana per i Disastri per fornire assistenza rapida alle comunità colpite da disastri come la tempesta Debby.

La Fundación Truist ha anunciado una subvención adicional de 100,000 dólares para apoyar los esfuerzos de socorro y recuperación en las comunidades de Carolina del Sur y Carolina del Norte afectadas por la tormenta Debby. Esto se suma a una subvención previamente anunciada de 100,000 dólares para Florida y Georgia. Los fondos se distribuirán al Fondo para la Recuperación de la Temporada de Huracanes Atlánticos del Center for Disaster Philanthropy y a la Cruz Roja Americana.

Las subvenciones tienen como objetivo abordar necesidades inmediatas como alimentos, refugio y servicios médicos, así como los esfuerzos de recuperación a medio y largo plazo. A principios de este año, la Fundación Truist también donó 1 millón de dólares al Programa Anual de Donaciones de Desastre de la Cruz Roja Americana para proporcionar asistencia rápida a las comunidades afectadas por desastres como la tormenta Debby.

트루이스트 재단은 악천후 데비의 영향을 받은 사우스캐롤라이나와 노스캐롤라이나 커뮤니티의 구호 및 회복 노력을 지원하기 위해 추가 10만 달러 기부금을 발표했습니다. 이는 플로리다와 조지아를 위한 이전에 발표된 10만 달러 기부금에 추가되는 것입니다. 자금은 재난 자선 센터의 대서양 허리케인 시즌 회복 기금미국 적십자사에 배분될 것입니다.

이 기부금은 음식, 주거, 의료 서비스와 같은 즉각적인 필요를 해결하고 중장기 회복 노력에도 기여하는 것을 목표로 합니다. 올해 초 트루이스트 재단은 또한 미국 적십자사의 연간 재난 기부 프로그램에 100만 달러를 기부하여 데비와 같은 재난에 영향을 받은 커뮤니티에 신속한 지원을 제공했습니다.

La Truist Foundation a annoncé une subvention supplémentaire de 100 000 dollars pour soutenir les efforts de secours et de récupération dans les communautés de Caroline du Sud et de Caroline du Nord touchées par la tempête Debby. Cela s'ajoute à une subvention précédemment annoncée de 100 000 dollars pour la Floride et la Géorgie. Les fonds seront répartis entre le Fonds de récupération de la saison des ouragans de l'Atlantique du Center for Disaster Philanthropy et la Croix-Rouge américaine.

Les subventions visent à répondre aux besoins immédiats tels que la nourriture, le logement et les services médicaux, ainsi qu'aux efforts de récupération à moyen et long terme. Plus tôt cette année, la Truist Foundation a également fait don de 1 million de dollars au Programme annuel de dons pour les catastrophes de la Croix-Rouge américaine pour fournir une assistance rapide aux communautés touchées par des catastrophes telles que la tempête Debby.

Die Truist Foundation hat einen zusätzlichen Zuschuss von 100.000 Dollar angekündigt, um die Hilfs- und Wiederherstellungsmaßnahmen in den von Sturm Debby betroffenen Gemeinden in South Carolina und North Carolina zu unterstützen. Dies kommt zu einem zuvor angekündigten Zuschuss von 100.000 Dollar für Florida und Georgia hinzu. Die Mittel werden an den Atlantic Hurricane Season Recovery Fund des Center for Disaster Philanthropy und an das Amerikanische Rote Kreuz verteilt.

Die Zuschüsse zielen darauf ab, unmittelbare Bedürfnisse wie Nahrung, Unterkunft und medizinische Dienstleistungen sowie mittel- und langfristige Wiederaufbaumaßnahmen anzugehen. Früher in diesem Jahr hat die Truist Foundation auch 1 Million Dollar an das Jahresprogramm für Katastrophenspenden des Amerikanischen Roten Kreuzes gespendet, um betroffenen Gemeinden wie denen durch Sturm Debby schnell zu helfen.

Positive
  • Truist Foundation's total donation of $200,000 for storm Debby relief efforts
  • Additional $1 million donation to American Red Cross Annual Disaster Giving Program earlier this year
  • Focus on both immediate and long-term recovery needs
Negative
  • None.

Additional $100,000 grant will help communities across the Carolinas recover from anticipated flooding

CHARLOTTE, N.C., Aug. 7, 2024 /PRNewswire/ -- As storm Debby moves up the Southeastern coastline, Truist Foundation today announced it will donate an additional $100,000 to support relief and recovery efforts in impacted communities in South Carolina and North Carolina in anticipation of catastrophic flooding. Funds will be distributed to the Center for Disaster Philanthropy's Atlantic Hurricane Season Recovery Fund and the American Red Cross.

This grant is in addition to Truist Foundation's previously announced $100,000 grant to support relief and recovery efforts in impacted communities in Florida and Georgia. Those funds were distributed to the Center for Disaster Philanthropy's Atlantic Hurricane Season Recovery Fund, the American Red Cross and United Way Worldwide

"When disasters strike, Truist Foundation is committed to putting our purpose into action and inspiring others to do the same," said Lynette Bell, president of Truist Foundation. "While the full extent of the damage from storm Debby remains to be seen, we want to ensure that those impacted by this storm across the Southeast have the support necessary to begin the recovery process as quickly as possible."

The selected organizations will use their grant funds to identify and deliver the most critical immediate community needs such as access to food, shelter and medical services. A portion of the donation will be focused on medium- and long-term recovery informed by disaster experts in partnership with those in the affected communities. Restoration efforts may address needs such as rebuilding homes, providing mental health, legal and disaster case management services, and other urgent challenges identified as recovery efforts progress.

Additionally, earlier this year, Truist Foundation donated $1 million to the American Red Cross Annual Disaster Giving Program, designed to deploy assistance quickly to communities impacted by events such as storm Debby. Those funds help provide food, shelter, emotional support, comfort kits and other immediate relief supplies to thousands of families and individuals impacted by such disasters.

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.

Cision View original content:https://www.prnewswire.com/news-releases/truist-foundation-increases-support-for-southeastern-communities-impacted-by-storm-debby-302217110.html

SOURCE Truist Foundation

FAQ

How much has Truist Foundation donated for storm Debby relief efforts?

Truist Foundation has donated a total of $200,000 for storm Debby relief efforts, with $100,000 for South Carolina and North Carolina, and $100,000 for Florida and Georgia.

Which organizations will receive the storm Debby relief funds from Truist Foundation?

The funds will be distributed to the Center for Disaster Philanthropy's Atlantic Hurricane Season Recovery Fund and the American Red Cross.

What is Truist Foundation's stock symbol?

Truist Foundation is associated with Truist Financial , which trades under the stock symbol TFC on the NYSE.

How will the storm Debby relief funds be used?

The funds will be used for immediate needs such as food, shelter, and medical services, as well as medium- and long-term recovery efforts like rebuilding homes and providing mental health services.

Truist Financial Corporation

NYSE:TFC

TFC Rankings

TFC Latest News

TFC Stock Data

57.34B
1.32B
0.29%
76.93%
0.96%
Banks - Regional
National Commercial Banks
Link
United States of America
CHARLOTTE