Truist Foundation Inc

Organization Overview

Truist Foundation Inc is located in Orlando, FL. The organization was established in 1974. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Truist Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Truist Foundation Inc generated $119.6m in total revenue. All expenses for the organization totaled $55.7m during the year ending 12/2021. While expenses have increased by 52.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Truist Foundation Inc has awarded 1,865 individual grants totaling $130,345,764. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Apco Worldwide
$367,022
Truist Bank
$1,255,918
Frontier Design Group Llc
$162,307
Fsg
$350,000
Destination South Usa Llc
$94,672
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $75,000,000
Interest on Savings $2,640
Dividends & Interest $10,552,738
Net Rental Income$0
Net Gain on Sale of Assets $33,003,398
Capital Gain Net Income $33,003,398
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,019,448
Total Revenue $119,578,224

Grants Awarded

Over the last fiscal year, Truist Foundation Inc has awarded $51,851,987 in support to 938 organizations.

Grant RecipientAmount

San Francisco, CA

PURPOSE: GENERAL OPERATING

$6,650,000

PURPOSE BUILT COMMUNITIES

PURPOSE: GENERAL OPERATING

$2,000,000

Reston, VA

PURPOSE: GENERAL OPERATING

$1,500,000

STRADA COLLABORATIVE INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: GENERAL OPERATING

$1,256,974

AMERICAN NATIONAL RED CROSS

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL OPERATING

$1,246,000

CHARITIES AID FOUNDATION AMERICA

Org PageRecipient Profile

Alexandria, VA

PURPOSE: GENERAL OPERATING

$1,200,056
View Grant Profile

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