Truist Bank is a firm that provides fiduciary trustee, commercial bank, investment management, third party administration, and financial advisor to nonprofit clients. They primarily provide their services regionally, with most clients in Tennessee, Florida, Georgia, and North Carolina (although they are present in other states as well).
Most Truist Bank clients are hospitals, health and welfare funds, labor unions, and grantmaking foundations with revenues ranging from $4.3 million to $653 million.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | Robert W Woodruff Arts Center | 501(c)(3) | Atlanta, GA | ||
| 2 | Fermi Research Alliance LLC | 501(c)(3) | Batavia, IL | ||
| 3 | Luminis Health Anne Arundel Medical Center (AAMC) | 501(c)(3) | Annapolis, MD | ||
| 4 | American Society for Testing and Materials (ASTM) | 501(c)(3) | West Conshohocken, PA | ||
| 5 | Robert W Woodruff Health Sciences Center Fund | 501(c)(3) | Atlanta, GA | ||
| 6 | The Bill Gatton Foundation | 501(c)(3) | Bristol, TN | ||
| 7 | Wayne Memorial Hospital | 501(c)(3) | Goldsboro, NC | ||
| 8 | Communications Workers of America AFL-CIO CLC (CWA) | 501(c)(5) | Washington, DC | ||
| 9 | Abney Foundation | 501(c)(3) | Anderson, SC | ||
| 10 | Pender Ems and Fire | 501(c)(3) | Burgaw, NC | ||
| ... | and 19 more Truist Bank not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Truist Bank in the nonprofit sector include Fiduciary Investment Advisors, RBC Capital Markets, Sei, Benefit Plans Admin Services, Inc., Matrix Trust Company, Fidelity, Raymond James and Associates, Charles Schwab Bank, Newport Trust Company, and Sei Investments.
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