The SunTrust Foundation, the charitable arm of Atlanta-based SunTrust Bank, has announced that it awarded grants totaling $19.5 million in 2018 to more than thirteen hundred educational and nonprofit organizations.
According to the foundation, the grants helped more than five hundred thousand people improve their financial well-being. Grant recipients include the Boys & Girls Clubs of America, in support of its Workforce Development Effectiveness Project, which introduces youth across America to various career resources, skills development training, and work experiences; NCGrowth, an affiliated center of the Frank Hawkins Kenan Institute of Private Enterprises, in support of its efforts to create new jobs and transformative economic development in regions of North and South Carolina; the National Foundation for Credit Counseling, in support of a large-scale pilot program that will provide bilingual and culturally sensitive financial counseling and education to Hispanic/Latino consumers in Florida, Georgia, North Carolina, and the Houston metro area; and Junior Achievement of Middle Tennessee, to expand its JA Finance Park, which works to introduce middle and high school students in personal finance and career options.
"At the SunTrust Foundation, we partner with nonprofit organizations that share our vision of improving the life circumstances and economic stability of communities," said SunTrust Foundation president Stan Little. "Our giving focuses on efforts that meet the unique needs of these communities and positively impact the lives of people across America."