Truist announces $25M COVID-19 relief measures for communities, clients and teammates

Truist Financial Corporation announced on March 17, 2020, its Truist Cares initiative to support the short-term and long-term needs of communities, clients and teammates in response to the COVID-19 pandemic. A pledge of $25 million in philanthropic support will aid with basic needs, medical supplies and financial hardship across the nation.

Truist said it will immediately donate $1 million each to the CDC Foundation and Johns Hopkins Medicine through the Truist Charitable Fund. This funding will aid in response and recovery efforts and assist in the purchase and delivery of much-needed medical supplies to combat the COVID-19 pandemic.

“Truist is ready to do our part and help our country come together to meet this serious challenge. Our comprehensive philanthropic approach, along with the client relief measures we’re putting into place, aligns with our purpose to inspire and build better lives and communities,” said Truist Chairman and CEO Kelly S. King. “Truist cares, and we understand our communities, clients and teammates all need immediate help in this growing crisis. We’re also looking forward to the recovery stages of this pandemic to ensure the nonprofit organizations our communities count on have the funding they need to help our neighbors get back on solid footing.”

The Truist Foundation will donate $3 million to local United Way organizations to fund community-based programs and support services that provide basic needs to people during this difficult time.

To learn more, go to the Truist website.

Source: Truist