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.
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SOURCE Truist Foundation