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Applications Open for Truist Foundation Grant Program

The Truist Foundation is seeking applications for its Grant Program to support communities by investing in innovative nonprofits that align with their key areas of focus: building career pathways to economic mobility and strengthening small businesses.

Donor Name: Truist Foundation

States: Selected States

County: All Counties

Type of Grant: Grant

Deadline: 07/31/2022

Size of the Grant: $5,000

Details:

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.

Building career pathways to economic mobility

Goals

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

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

Building career pathways to economic mobility

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.

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

Funding Information

  • They don’t have a set amount or average grant size. The minimum grant is $5,000.

Questions to consider when applying

  • 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 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?

For more information, visit Truist Foundation grant.

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