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, Maryland, Georgia, and North Carolina (although they are present in other states as well).
Most Truist Bank clients are health and welfare funds, hospitals, professional associations, labor unions, and grantmaking foundations with revenues ranging from $8.6 million to $472 million.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | Robert W Woodruff Arts Center | 501(c)(3) | Atlanta, GA | ||
| 2 | Fay S and W Barrett Howell Family Foundation | 501(c)(3) | Garden City, NY | ||
| 3 | Fermi Research Alliance LLC | 501(c)(3) | Batavia, IL | ||
| 4 | Luminis Health Anne Arundel Medical Center (AAMC) | 501(c)(3) | Annapolis, MD | ||
| 5 | Carroll Hospital | 501(c)(3) | Westminster, MD | ||
| 6 | Institute of Nuclear Power Operations (INPO) | 501(c)(3) | Atlanta, GA | ||
| 7 | Robert W Woodruff Health Sciences Center Fund | 501(c)(3) | Atlanta, GA | ||
| 8 | Gerontological Society of America | 501(c)(3) | Washington, DC | ||
| 9 | The Bill Gatton Foundation | 501(c)(3) | Bristol, TN | ||
| 10 | Wayne Memorial Hospital | 501(c)(3) | Goldsboro, NC | ||
| ... | and 27 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, Minnesota Life Insurance Company, RBC Capital Markets, Sei, Benefit Plans Admin Services, Inc., Oneamerica Retirement Services LLC, Kestra Advisory Services LLC, Raymond James and Associates, Principal, and Matrix Trust Company.
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