SunTrust Foundation to Donate $500,000 to Aid Organizations Assisting in Hurricane Irma Disaster Relief

ATLANTA, Sept. 11, 2017 /PRNewswire/ -- The SunTrust Foundation announced today it will commit a total of $500,000 to various disaster relief and recovery efforts in support of the communities and businesses impacted by Hurricane Irma.

Immediately, the SunTrust Foundation is giving $250,000 to the American Red Cross to aid
first-responders as they bring relief to those who've lost their homes and need food and shelter. An additional $250,000 is earmarked to assist other organizations as ongoing needs are identified.

"The American Red Cross needs immediate assistance, and our grant of $250,000 will go toward initial recovery efforts to ensure everyone's safety," said David Fuller, president of the SunTrust Foundation. "As we continue to assess the outcome of the hurricane, we will provide additional grants to local non-profits to help people rebuild and ensure their well-being."

Established in 2008, the SunTrust Foundation supports American Red Cross disaster relief efforts and primarily focuses grants and activities on advancing financial education, financial counseling, career readiness and small business entrepreneurship, in addition to local community grants.

SunTrust Bank also will accept financial donations for American Red Cross relief efforts in branches through Oct. 13.

About SunTrust Foundation
The SunTrust Foundation is committed to SunTrust Bank's purpose of Lighting the Way to Financial Well-Being by engaging with local and national organizations to advance financial confidence. Grants and activities focus primarily on financial education, financial counseling, career readiness and small business/entrepreneurship, in addition to local community grants. The SunTrust Foundation supports American Red Cross disaster relief efforts and contributes as a United Way Global Corporate Leader. Established in 2008, the SunTrust Foundation has proudly provided grants totaling more than $112 million throughout the United States.

SOURCE SunTrust Foundation