The Truist Foundation Grant Program is administered by the Truist Foundation, a private philanthropic entity affiliated with Truist Financial Corporation. This foundation focuses its funding on fostering economic mobility and supporting underserved communities through nonprofit innovation and collaboration. Its mission is to build better lives and communities by investing in initiatives that provide adults with access to career development and entrepreneurship pathways, particularly in the areas of workforce development and small business support.
Truist Foundation funds nonprofit organizations that align with its two strategic pillars: building career pathways to economic mobility and strengthening small businesses. The foundation supports programs that equip workers—especially frontline or unemployed adults—with tools for reskilling and upskilling into middle-skill jobs. In parallel, it funds initiatives that help small businesses become more resilient by removing barriers to capital, enhancing technical support, and improving overall business ecosystem collaboration.
Grants from the Truist Foundation are intended for sustainable initiatives and do not fund general operations or ongoing expenses. Eligible uses include launching new programs, developing curricula, purchasing equipment, or fulfilling specific capital needs. Capital campaigns may be considered if they are aligned with foundation priorities and have already secured at least 60% of their fundraising goals. The foundation explicitly does not support scholarships, deficit reduction, annual grants, or events such as dinners, trips, or fundraising functions.
Applications are accepted three times per year, with deadlines on March 31, July 31, and November 30. Each cycle results in decisions announced in July, November, and April respectively. All applications must be submitted through the foundation’s online portal. The process requires applicants to clearly outline their program alignment with the foundation’s pillars and demonstrate readiness to engage in strategic reporting and evaluation.
Selected grantees are required to participate in kickoff meetings and may be subject to quarterly, semiannual, or annual reporting requirements depending on the grant amount. The foundation expects comprehensive progress reports that outline milestones, risks, budget usage, and key accomplishments. For grants over $500,000, additional data indicators and case studies are required. Final reports must document outcomes, beneficiary impact, and organizational capacity building.
For additional guidance, prospective applicants are encouraged to review the Grantee Guidebook. Questions can be directed to [email protected] or by phone at 833.307.2351. Reporting templates and timeline-specific expectations are made available through the grant portal following approval.
