"At a time when many nonprofits are seeing reduced giving, we've stayed the course—partnering deeply with nonprofits, learning from our grant partners and doubling down on what works," said Lynette Bell, president of Truist Foundation. "Economic mobility is not just an aspiration; it's a measurable outcome when we invest in people, in organizations, and in ecosystems. This report reflects Truist Foundation's commitment to leading with purpose and delivering on our promise to drive impact."

The report highlights the Foundation's work to foster a more inclusive and transparent grantmaking process, emphasizing measurement, capacity building and ecosystem support. These efforts helped unlock quality jobs, elevate small business ecosystems and drive upward economic mobility across underfunded and under-resourced regions.

Since 2021, Truist Foundation's strategic funding has helped:

• create or retain 26,800 jobs,
• provide nearly 26,000 workers with support services,
• support more than 18,000 small businesses, and
• place nearly 16,000 workers into jobs.

Keith Thornton, chief impact officer at Truist, stated, "Our Foundation's strategy is fundamentally based on achieving impact. We maintain that philanthropy should be both meaningful and bold. This report represents our insights and serves as a call to action for those dedicated to enhancing economic opportunities for everyone."

To learn more about this comprehensive philanthropy model and powerful grant partner case studies, download the full report at Truist.com/Foundation.