SunTrust and SunTrust Foundation Donate $200,000, Arrange Financial Counseling for Families of Tragedy
Jul 13, 2016
ATLANTA, July 13, 2016 – SunTrust Banks, Inc. (NYSE: STI) through its Charitable Trust and the SunTrust Foundation today announced three grants totaling $200,000 to help aid the families and victims of the tragic shooting that occurred in Orlando on June 12.
The Charitable Trust donated $100,000 to the OneOrlando Fund, established by the City of Orlando, as well as $50,000 to Clearpoint Credit Counseling to provide financial counseling to OneOrlando’s beneficiaries. In addition, the SunTrust Foundation provided a $50,000 grant to the Orlando Health Foundation to recognize the Trauma’s Center role as the primary medical facility caring for the victims.
“As the region’s only Level One Trauma Center, the SunTrust Foundation wanted to recognize the extraordinary efforts the Orlando Health organization and its physicians put forth while caring for the victims,” said David Fuller, president of the SunTrust Foundation. “In addition, our grant to Clearpoint Credit Counseling is intended to provide affected families with the advice they need to deal with the financial impacts of this tragedy.”
The SunTrust Foundation was formed in 2008 by SunTrust Banks, Inc., headquartered in Atlanta, to support philanthropic purposes. Central Florida is home to nearly 3,000 of the company’s approximately 25,000 employees. Following the news of the shooting, SunTrust employees showed an outpouring of support, including standing in long lines to donate blood, participating in vigils and collecting condolences for families.
“Our deepest sympathies are extended to the family of one of our teammates who was lost in this tragedy, as well as to the victims, their families, and to all who were wounded or impacted,” said Arnold Evans, SunTrust president for the Central Division of Florida. “We hope our commitment to OneOrlando, Orlando Health Foundation and Clearpoint Credit Counseling helps provide the support and care our community needs at this difficult time.”
About SunTrust Banks, Inc.
SunTrust Banks, Inc. is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses and communities it serves. Headquartered in Atlanta, the company has three business segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate and institutional clients nationally. As of March 31, 2016, SunTrust had total assets of $194 billion and total deposits of $152 billion. The company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Join the movement at onUp.com.
About the SunTrust Foundation
The SunTrust Foundation is dedicated to the company’s purpose of Lighting the Way to Financial Well-Being by engaging organizations to advance financial confidence. Grants and activities focus primarily on financial empowerment, but also include education, health and human services, civic improvement and cultural growth. 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 $100 million throughout the Southeast and Mid-Atlantic regions.
For further information: Suzanne Vincent, 404-813-7162