SunTrust Foundation

OVERVIEW: The SunTrust Foundation supports financial education, financial counseling, career readiness, workforce development, small businesses and entrepreneurship in the Southeast and Mid-Atlantic.

FUNDING AREAS: Financial education, financial counseling, career readiness, workforce development, small businesses, entrepreneurship

IP TAKE: This funder’s grantmaking has been on the rise, especially toward financial empowerment and education programs in Southeastern states.

PROFILE: Established in 2008, the SunTrust Foundation is a bank funder based in Atlanta, Georgia. The grantmaking arm of SunTrust Bank, a financial company, this foundation invests in financial education, financial counseling, career readiness, workforce development, small businesses, and entrepreneurship.

While the bulk of SunTrust grants focus on financial empowerment, the funder also occasionally supports education, health and human services, civic improvement and cultural growth. SunTrust supports disaster relief efforts and contributes as a United Way Global Corporate Leader. Its Lighting the Way Awards recognize nonprofits helping to build financially confident communities. Past support through this program includes the Frontier Health Foundation Homes of Hope, Experiment in Self-Reliance, and CCCS of the Savannah Area.

Foundation grants are often between $25,000 and $100,000. View information about past grantees in the foundation’s news section. Grantmaking is typically limited to the Southeast and Mid-Atlantic regions of the U.S. More specifically, states of interest are Georgia, Florida, Tennessee, North Carolina, South Carolina, Virginia, Maryland and Washington, D.C.

The SunTrust Foundation accepts unsolicited grant applications from nonprofits throughout the year. Grantseekers should submit applications via online portal with the appropriate documentation. Direct general questions to the foundation staff at suntrustfoundation@suntrust.com or 404-827-6529.

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