SunTrust Foundation Grants

SunTrust Foundation


Grant amount: Up to US $8,750

Deadline: Rolling

Applicant type: Nonprofit

Funding uses: Education / Outreach, Applied Project / Program, Capital Project, Training / Capacity Building

Location of project: Georgia, Alabama, Delaware, District of Columbia, Florida Expand all

Location of residency: United States

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Overview:

The SunTrust Foundation

Helping guide, advise, and lead people along their road to financial security and wellness, or as we call it, Lighting the Way to Financial Well-Being, is what motivates us every day. And the end of that road is a Life Well Spent—a life of financial strength and confidence. A life free from the worries of financial burden. 

Aligned to SunTrust Bank's purpose, the SunTrust Foundation works to advance financial well-being in all of its efforts — from financial education and counseling; to career readiness/workforce development training and entrepreneurship; to thought leadership and new relationships; to supporting the unique needs of its communities. 

This purpose is what drives the SunTrust Foundation in our actions, investments, and goals in our communities and the country as a whole.

Areas of Primary Interest

Financial Education

Provides basic financial education/literacy for students and adults including: 
  • Student financial education classroom instruction 
  • Adult core curriculum covering topics such as budgeting and opening a bank account
Financial Counseling 

Initiatives which assist people dealing with specific financial circumstances including: 
  • Student debt 
  • Financial aid or tax preparation support
  • Repairing and restoring credit
  • Affordable or permanent housing
Career Readiness/Workforce Development

Efforts to prepare students and adults for careers or improved job opportunities including:
  • All vocational training 
  • Needs-based college or vocational school scholarships
  • Academic tutoring for at-risk students to assist them in achieving academic excellence
Small Business/Entrepreneurship 

Initiatives to assist in the training, planning and creation of small businesses including:
  • Community Development Financial Institutions 
  • Organizations which provide initial capital for small businesses
  • Training efforts for the effective financial management and creation of small businesses

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • The SunTrust Foundation focuses on grants to not-for-profit organizations that help advance financial education and counseling, career-readiness/workforce development, and small business/entrepreneurship, while also supporting the unique needs of our communities.
  • This support is limited to 501(c)(3) organizations.
  • The following criteria are considered with each grant request:
    • Does the grant request support one of the four Financial Well-Being areas of interest?
    • Will the grant support programs and activities for the improvement of the quality of life in the community served?
    • Will the grant have an impact on communities located primarily within the Southeastern and Mid-Atlantic states?
    • Does the organization requesting the grant have good management and active involvement of community leaders?

Ineligibility:

  • No grants are made by the SunTrust Foundation to:
    • Non-religious organizations that have a written policy of discrimination on the basis of sexual orientation and/or gender identity 
    • Individuals
    • Political parties or candidates
    • Religious, veteran or fraternal organizations, unless involved in a project benefiting the general community or involving economic education
    • Individual agencies already receiving SunTrust Bank support through general services organizations such as United Way; a grant may be made if the agency has permission from the general service organization to solicit funds
    • Organizations that foster or encourage racial, religious, class or other prejudices
    • Any organization that does not qualify as a tax-exempt organization under section 501(c)(3) of the U.S. Internal Revenue Code


About this funder:

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