The Community Foundation of South Jersey Receives a $50,000 Grant from Truist for COVID-19 Relief Efforts

HADDONFIELD, NJ – The Community Foundation of South Jersey (CFSJ) announced on May 6, 2020 that it received a $50,000 grant from Truist Financial Corporation toward the South Jersey COVID-19 Response Fund. The fund was created to rapidly deploy flexible resources to nonprofits in Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, Ocean and Salem counties as a response to the economic insecurity associated with the COVID-19 outbreak. 

The grant is part of the financial services company’s Truist Cares initiative, a $25 million philanthropic pledge announced in March to support basic needs, medical supplies and financial hardship relief due to COVID-19.

“The Community Foundation is grateful for the generous grant from Truist. This investment demonstrates a corporate commitment to caring for our South Jersey neighbors in need,” said Andy Fraizer, executive director of CFSJ. “The $50,000 grant is another example of South Jersey businesses, philanthropists and individual donors coming together to mitigate the unprecedented health and economic crisis that this virus has brought upon our community.”

“We are proud to support the Community Foundation,” said Travis Rhodes, Delaware Valley/ Lehigh Valley Regional President at Truist. “This program is designed to support South Jersey’s most vulnerable during this difficult time and aligns perfectly with our purpose to inspire and build better lives and communities.”

For more details on making donations, funding priorities, and how to apply, please visit southjerseyresponsefund.org.

About the Community Foundation of South Jersey

The Community Foundation of South Jersey (CFSJ) envisions an eight-county region thriving where all neighbors aspire, succeed, participate, and give. The vision is realized as CFSJ inspires generosity, manages and deploys permanent charitable assets, and exercises collaborative leadership to create a more equitable region. CFSJ works with South Jersey philanthropists, local nonprofits, and neighbors to build capital, contribute assets, and create permanent endowments for impact in perpetuity.

By aligning donor interests and using the investment earnings on each of its endowed funds, CFSJ makes grants and builds leadership within the community to create thriving, equitable, and livable communities for all. Currently, CFSJ manages assets of more than $23 million. CFSJ has issued more than $9 million in nonprofit grants and scholarships. Learn more about CFSJ at CommunityFoundationSJ.org.

About Truist

Truist Financial Corporation is a purpose-driven financial services company committed to inspire and build better lives and communities. With 275 years of combined BB&T and SunTrust history, Truist serves approximately 12 million households with leading market share in many high-growth markets in the country.

The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending and wealth management. Headquartered in Charlotte, North Carolina, Truist is the sixth-largest commercial bank in the U.S. with total assets of $506 billion as of March 31, 2020. Truist Bank, Member FDIC. Learn more at Truist.com.