We’re committing $25 million in financial relief to help our communities.
To meet the immediate and long-term needs of our communities, we've launched the Truist Cares initiative.
A pledge of $25 million in philanthropic support will provide aid for basic needs, medical supplies, and financial hardship across the nation.
Immediate Help for Critical Healthcare Organizations
Truist donated $1 million 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.
Helping Those Who Help Others
The Truist Foundation donated $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.
Rebuilding our communities—together
The remaining charitable funds will be given as grants to Truist’s community partners to support and expand technology initiatives and programs for youth, seniors, small businesses and people to rebuild, restore and create thriving communities. The programs will target support in five key areas:
Caring for our team
Truist is offering additional support for teammates through paid time off, flexibility and family care benefits.
The new benefits include 10 days of paid time off for school closings or other family impacts, a special reimbursement for childcare for many teammates and an increase in existing emergency child and elder care benefits for all teammates. Additionally, teammates making under $100,000 annually will receive a one-time pre-tax bonus of $1,200 in March to recognize their ongoing commitment to our clients and help alleviate some of the financial pressures caused by the pandemic.
Matching donations
The Truist Foundation will also contribute $4 for every $1 that Truist teammates donate to the One Team Fund. The fund is a support system that provides short-term financial assistance to help employees recover during unexpected events, family emergencies or natural disasters. One hundred percent of teammate donations go directly to helping their co-workers through personal challenges.
Self-Care for Healers
The Self-Care for Healers podcast is designed for healthcare leaders on the front lines of COVID-19 and other medical crises.
Each 5–7 minute episode was developed by experts in neuropsychology, psychology, human resources, and education, and provides actionable insights that healthcare professionals can apply to their everyday lives. Listen now