Welcome to Let’s Go, a podcast production of BB&T and SunTrust, now Truist.
I’m your host Christy Sammons. Let’s Go podcast are designed to help you ask those important business questions about where your business is headed, and how you’ll get there. We’ll give you the industry tips, tools and advice on how to reach your goals. Let’s Go!
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The novel coronavirus pandemic has had a tremendous impact on all of us. At Truist, the health and safety of our teammates, clients and the communities we serve is our top priority. We hope that you and your families are remaining safe during these times.
Today, I have the pleasure of speaking with Lynette Bell, President of the Truist Foundation.
The Truist Foundation is the blending of BB&T and SunTrust Banks endowed foundation that would blend the two banks’ charitable missions. The Foundation was fully launched on March 2 but nine days later the World Health Organization declared the fast-spreading novel coronavirus a pandemic. It quickly became clear that the new foundation, with $600 million in assets, would need to shift gears to help the company respond to the health crisis. The Foundation found itself having to pivot quickly on its mission.
And in the role as the Foundation president, Lynette is responsible for the philanthropy strategy, deepening strong partnerships with nonprofits and leading corporate foundation donations to strengthen local communities. Prior to the merger Lynette served as enterprise community reinvestment officer for SunTrust, leading the community development program to help underserved communities receive economic support to grow. In her more than 30-year career with SunTrust, she has held positions in operations, regulatory affairs, bank examinations and compliance. Lynette has served as a board member of the Atlanta Neighborhood Development Partnership and National Church Residences.
Listen now, to hear more.