Truist Foundation
Charlotte, North Carolinatruist.com
Overview
The Truist Foundation is the endowed private foundation of Truist Financial Corporation. It makes strategic investments via grants to nonprofit organizations. Its primary focus areas are building career pathways to economic mobility and strengthening small businesses. The foundation was formerly known as the SunTrust Foundation and was renamed in 2020 following the merger of SunTrust Bank and BB&T Bank. It provides grants for specific, sustainable needs such as new program launches, curriculum expansion, or capital needs, rather than recurring operational expenses.
Portfolio Companies
3
Website
truist.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Witching Hour | Aug 2024 | Grant | Co-investor |
| Skillup AI | Feb 2023 | Grant | Lead |
| Upwardly | - | Grant | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
