Foundation Forward: The Latest Truist Foundation News | Q4 2024
Rhea-AI Summary
Truist Foundation, affiliated with Truist Financial (TFC), has released its Q4 2024 newsletter highlighting strategic investments in nonprofit organizations. The foundation focuses on two main areas: building career pathways to economic mobility and strengthening small businesses.
The foundation has donated $2.55 million for hurricane recovery efforts. Foundation President Lynette Bell participated in the Clinton Global Initiative's roundtable on Corporate Philanthropy, while SVP Sara Manning discussed disaster recovery at the Association of Corporate Citizenship Professionals conference.
The foundation has also announced the opening of applications for this year's Inspire Awards, and President Lynette Bell was recognized with the UNCF Women Who Lead Award.
Positive
- Allocated $2.55 million for hurricane disaster relief and community support
Negative
- None.
News Market Reaction – TFC
On the day this news was published, TFC declined 0.45%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NORTHAMPTON, MA / ACCESSWIRE / December 4, 2024 / Truist
This quarterly newsletter showcases how Truist Foundation supports Truist Financial Corporation's purpose to inspire and build better lives and communities through 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. Click here to sign up to receive the newsletter via email.
Supporting communities impacted by hurricanes
This season's storms have been devastating for communities, so we've donated
Truist Foundation President Lynette Bell spoke during the Clinton Global Initiative's "Corporate Philanthropy and Humanitarian Response" roundtable and SVP, Head of Operations Sara Manning spoke at the Association of Corporate Citizenship Professionals conference on "ESG & CSR's Role in Disaster Recovery-Examples of Deciding When, Where, and How to Give."
Read about our disaster response efforts
Why recovery work matters
Listen to former American Red Cross President and CEO Gail McGovern speak with Lynette Bell about the adversity people experiencing severe weather face.
Listen now
Applications available now: Inspire Awards
Get ready to submit your solution. Apply for this year's Inspire Awards.
Get started
Honoring outstanding leadership
Lynette Bell was one of three women leaders who received the UNCF Women Who Lead Award.
Learn more
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 the original press release on accesswire.com
FAQ
How much did Truist Foundation (TFC) donate for hurricane recovery in Q4 2024?
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