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 $4.6 million to $413 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 | Wayne Memorial Hospital | 501(c)(3) | Goldsboro, NC | ||
| 7 | Communications Workers of America AFL-CIO CLC (CWA) | 501(c)(5) | Washington, DC | ||
| 8 | The Blocker Foundation | 501(c)(3) | Suffolk, VA | ||
| 9 | Pender Ems and Fire | 501(c)(3) | Burgaw, NC | ||
| 10 | University of Maryland Upper Chesapeake Health System (UM UCH) | 501(c)(3) | Bel Air, MD | ||
| ... | and 19 more Truist Bank not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Truist Bank in the nonprofit sector include Benefit Plans Admin Services, Inc., RBC Capital Markets, Sei, Matrix Trust Company, Raymond James and Associates, Fidelity, Charles Schwab Bank, Newport Trust Company, Sei Investments, and RBC Wealth Management.
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