Truist Foundation

Building better lives

Truist’s purpose is to inspire and build better lives and communities. By partnering with nonprofit organizations across our markets, we're helping them innovate and make a meaningful difference in the lives of those they serve.

Transcript

00:00 What do big ideas mean to small businesses?

00:03 Economic Mobility.

00:04 Strength.

00:06 Resilience.

00:07 They mean more care for communities.

00:09 And better lives for small business owners and their families.

00:12 So in other words, big ideas mean everything.

What we believe—and aim to do

All people and communities should have an equal opportunity to thrive.

Through our two key focus areas, building career pathways to economic mobility and strengthening small businesses, we invest in pioneering ways to strengthen organizations with transformative ideas and proven solutions.

Stories that inspire

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Building career pathways to economic mobility

We’re investing in organizations, programs, and initiatives that help systemically disadvantaged workers navigate the employment journey. Our emphasis is on organizations that are closest to the most impacted communities.

Our goals:

Enable and equip frontline workers^{Disclosure 1} and unemployed adults, specifically women and Black, indigenous, and people-of-color, with the tools and resources they need to move into middle-skill^{Disclosure 2} jobs that provide economic mobility and more pathways for people to thrive.

Our focus areas:

Helping workers navigate employment resources
Building capacity of reskilling and upskilling programs
Strengthening access to high quality employment and worker protections
Improving coordination and sharing knowledge within the workforce system
Advocating for employer practice change

Strengthening small businesses

We’re opening more doors for racially and ethnically diverse and women-owned small businesses and entrepreneurs by investing in the network of solutions and organizations that support them.

Our goals:

Strengthen the supports that allow minority and women-owned small businesses to become more financially sustainable and resilient by eliminating structural barriers to growth, and improving knowledge sharing, collaboration and innovation within the small business ecosystem.

Our focus areas:

Increasing access to capital
Increasing access to technical assistance support and educational programs for entrepreneurs
Building small business networks and mentorship programs to enable more knowledge sharing
Researching and developing new products, technologies, and service innovations for small business
Increasing equity and inclusion in private and public practices and policies that impact small businesses

Lynette Bell
Truist Foundation President

Who we are

“The Truist Foundation is deeply committed to serving communities differently and with humanity and grace. Through the Truist Foundation, we provide grants in support of nonprofit organizations to help grow their impact through innovative, best-in-class solutions. We believe that we succeed when we give our communities the opportunity to do the same.”

– Lynette Bell, Truist Foundation President

A letter from Lynette (PDF)