Funds will support information technology,
infrastructure restoration in most impacted communities, including
Western North Carolina
CHARLOTTE, N.C., Sept. 30,
2024 /PRNewswire/ -- Truist Foundation today
announced it will donate an additional $500,000 to support relief and recovery efforts
in communities most impacted by the historic destruction from
Hurricane Helene, including Western North
Carolina, making its total contributions $1 million. The funds will be distributed to IT
Disaster Resource Center, United Way Worldwide, the American Red
Cross and Center for Disaster Philanthropy's Atlantic Hurricane
Season Recovery Fund.
"Many of the communities we serve are experiencing historic and
catastrophic flooding and millions are still without power and
access to everyday essentials," said Lynette Bell, president of Truist Foundation.
"Truist Foundation is supporting trusted partners who are on the
ground in the hardest hit areas, tirelessly working to restore
power, cell service and clear roadways. We are committed to putting
our purpose into action with additional funds to help those in
impacted communities get connected – digitally and physically – as
soon as possible."
In addition to technology and infrastructure support, including
converting trucks and trailers into Wi-Fi hotspots and connectivity
centers, 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.
Last week, Truist Foundation announced an initial $500,000 grant to help prepare, respond and
recover in communities impacted by Helene as quickly as possible.
These funds – along with Truist Foundation's $1 million grant made earlier this year to the
American Red Cross Annual Disaster Giving Program – helped the
American Red Cross establish 10 disaster relief operations across
10 states, provide 1,400 disaster workers, support 70 shelters, and
deploy 45 emergency response vehicles – with about two dozen more
enroute. Funds also helped provide food, shelter, emotional
support, comfort kits and other immediate relief supplies to
thousands of families and individuals impacted by Helene.
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