Tag: Truist Foundation

Truist Foundation Grants $225,000 to Rethreaded To Expand Program That Supports Human Trafficking Survivors

Stuart Mitchell

Truist Foundation announced a $225,000 grant to Rethreaded, a nonprofit focused on breaking the cycle of generational trauma for sex trafficking survivors by providing them with employment, career development and supportive services. Rethreaded will use the grant funds to create a training program within the various systems that survivors encounter while in a life of human trafficking, including hospitals, workplaces, nonprofit organizations, and the justice system. The goal of the training program is to equip system workers with information and tools to better understand and identify survivors to create a…

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Truist Foundation Leads the Way With $5M Commitment to the American Red Cross to Grow Disaster Response Capacity

Stuart Mitchell

The American Red Cross celebrates Truist Foundation for its generous donation of $5 million to support the urgent humanitarian needs posed by extreme weather events across the U.S. Truist Foundation, headquartered in Charlotte, North Carolina, is the first corporate partner to commit such a gift in addition to its annual $1 million commitment to Red Cross Disaster Relief. Truist Foundation’s investment will help the Red Cross grow and adapt its capacity to respond to natural disasters and accelerate its ability to prevent and alleviate hardships brought on by these urgent…

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Truist Foundation Awards Center for Employment Opportunities $1 Million To Advance Social, Economic Mobility for Formerly Incarcerated People

Stuart Mitchell

Center for Employment Opportunities (CEO), the nation’s largest provider of comprehensive employment services to people returning from jail or prison, has received a $1 million grant from Truist Foundation. The funding will support career advancement and create economic mobility pathways for people returning from prison and jail. Thousands of justice-impacted people will be connected to advanced training opportunities that will lead them to higher-wage employment after reentry. “Justice-impacted job seekers have a lot to offer, but often don’t have access to the workforce training that can lead to a thriving…

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Community First Fund Receives $2.25 Million Grant From Truist Foundation To Launch Fund Supporting Minority Small Business Owners

Stuart Mitchell

Truist Foundation recently announced a $2.25 million commitment to Community First Fund, a nonprofit Community Development Financial Institution (CDFI) dedicated to aligning capital with social justice. The grant will help launch Community First Fund’s Economic Justice Fund (EJFund) that will support lending activities to minority entrepreneurs, with an emphasis on Black and Latine small business owners, across Community First Fund’s service footprint in eastern and central Pennsylvania, including in the Greater Philadelphia region. Truist Chairman and CEO Bill Rogers and President of Truist Foundation Lynette Bell joined Community First Fund’s…

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Truist Foundation Grants $5 Million to First Step Staffing To Aid in Paving a Path Out of Poverty and Homelessness

Stuart Mitchell

Truist Foundation announced recently it has awarded a $5 million grant to First Step Staffing, the largest nonprofit employment agency in the country dedicated to providing economic opportunity and a path to self-sufficiency for individuals with barriers to employment, including those who are experiencing or recently experienced homelessness. The grant will help First Step establish two new branch locations across the U.S. and pilot an enhanced client services program featuring client assessments, housing placement with financial assistance, and additional upskill training opportunities. “Generating career pathways is an essential step in…

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