Deadline: 30-Nov-22
The Truist Foundation is seeking proposals from non for-profit organizations that serve critical needs in their communities, by building career pathways to economic mobility and strengthening small businesses.
The Foundation supports needs that are sustainable and don’t commit funds to recurring expenditures. Examples include funding for a new program launch, a curriculum to expand or strengthen a program, equipment to deliver a program, and capital needs.
Capital campaign requests may be considered:
- If the purpose of the campaign aligns with the Foundation's priorities and
- When the campaign is 60% complete in donations and pledges toward its fundraising goal, showing the campaign’s viability and community support.
While Reviewing Grants, The Foundation also Consider:
- Community impact
- Distinctive features
- Financial management and sources of income
- Human value and self-help emphasis
- Implementation of a strategic plan
- Innovative solutions
- Organization/community coordination and support
- Organization management and governance
- Timeliness and precedence
- Ultimate benefit to the community
Eligibility Criteria
- When submitting an application, your organization's 501(c)(3) status will automatically be verified by thier online system, so there’s no need to submit a copy of your organization's 501(c)(3) federal tax exemption letter from the IRS.
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However, if your organization is a 509(a)(3) supporting organization, please include a letter from your chairman, executive director or legal counsel that outlines:
- Whether your organization is a Type I, II or III supporting organization and the name of the supported organization(s)
- If your organization is a Type III supporting organization, confirmation that your organization is functionally integrated with the supporting organization(s)
- List of your organization's board of directors and their affiliations
- Please note that the Foundation can’t support Private Foundations.
- Neither Truist teammates nor Truist Financial can receive direct or indirect benefits from the grant.
- The Foundation awards grants to fiscally sound organizations that serve critical needs in the community. Usually, grants will be made only to organizations with records of successful operation, without a deficit for at least a year. Because they focused on initiatives poised for maximum community impact, requests for general operating support such as salaries, maintenance, and debt service won’t consider.
For more information, visit Truist Foundation.
For more information, visit https://www.truist.com/purpose/truist-foundation/grant-application
