Deadline: 31-Jul-22
The Truist Foundation is seeking applications for its grant program to support their communities by investing in innovative nonprofits that align with their key areas of focus:
- building career pathways to economic mobility
- strengthening small businesses.
They support 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. They support communities by investing in initiatives, projects and programs that create greater opportunity for all.
Funding Information
The minimum grant is $5,000.
Eligible Questions
- Does the purpose of the project or program connect with career pathways to economic mobility or strengthening small businesses?
- What’s the sustainability plan for the project beyond this grant?
- Will the grant support programs and activities to build better lives in the community served?
- Will the grant have an impact on one of the 18 listed locations? Alabama, Arkansas, Florida, Georgia, Kentucky, Indiana, Maryland, Mississippi, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington D.C., West Virginia
- Is the organization’s leadership diverse and representative of the local community?
- Does the organization have a diversity, equity, and inclusion statement?
- Does the organization have good management, and is it financially stable?
- Is there any engagement with Truist teammates through board service or active volunteers?
- Does the organization or specific program have an earned revenue stream to allow them less dependence on philanthropic donations?
While Reviewing Grants, they 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
For more information, visit https://www.truist.com/purpose/truist-foundation/grant-application