SunTrust Bank Charitable-Irr TR(1071

Private foundation · Grantmaker Orlando, FL EIN: 54-6054608
Arts and cultureHistorical activitiesHistoric preservationPhilanthropyFoundations

SunTrust Bank Charitable-Irr TR(1071 is a private foundation focused on Arts and culture, based in Orlando, FL. IRS filing data is available from 2020 through 2025. In 2025, it awarded 5 grants totaling $5.5M. Net investment income was $619K.

SunTrust Bank Charitable-Irr TR(1071 at a glance

In short: SunTrust Bank Charitable-Irr TR(1071 gave $5.5M across 5 grants in 2025 (avg $1.1M), mostly in Georgia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$5,487,630
-12.9% vs 2024
Grants made (2025)
5
-37.5% vs 2024
Average grant
$1,097,526
+39.4% vs 2024
Median grant
$1,200,000
Primary geography
Georgia (63% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who SunTrust Bank Charitable-Irr TR(1071 funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Purpose Built Communities: $1.5MPurpose Built Communities$1.5MTrust for the National Mall: $1.5MTrust for the National Mall$1.5MThe Ron Clark Academy Inc: $1.2MThe Ron Clark Academy Inc$1.2MWestside Future Fund Inc: $750KWestside Future Fund Inc$750KLiving Cities: $538KLiving Cities$538K

The largest 2025 recipient was Purpose Built Communities ($1.5M). Together the top 5 received $5.5M.

Grant Size Distribution

14 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K4$500K–1M9$1–5M$5M+

The most common grant size was in the $1–5M range: 9 grants of 14 (64%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

AtlantaWashingtonCharlotteDurhamItascaNorfolk

How SunTrust Bank Charitable-Irr TR(1071 gives

  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M1 grant2020 1 grant2021 0 grants2022 0 grants2023 8 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $166K (2020) to $6.3M (2024). In 2025 it made 5 grants totaling $5.5M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Purpose Built Communities Atlanta, GAGeneral Operating$1,500,000
Trust for the National Mall Washington, DCGeneral Operating$1,500,000
The Ron Clark Academy Inc Atlanta, GAGeneral Operating$1,200,000
Westside Future Fund Inc Atlanta, GAGeneral Operating$750,000
Living Cities Washington, DCGeneral Operating$537,630
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025—$625,008$5,525,915$5,487,6305$5,498,974$618,516$85,017
2024$4,792,804$1,452,312$6,371,739$6,300,0008$6,328,602$1,425,264$434,448
2023$9,802,574$125,072$62,355——$29,949$204,352$491,113
2022$9,750,880$530,413$83,928——$30,129$500,593$484,402
2021$9,287,242$1,666,740$2,079,939$2,000,0001$2,036,643$1,630,313$599,502
2020$9,711,097$325,838$227,988$166,0001—$295,585$515,275

Under IRS private-foundation payout rules, SunTrust Bank Charitable-Irr TR(1071 reported a distributable amount of $85K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

SunTrust Bank Charitable-Irr TR(1071's only listed officer is Truist Bank, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Truist Bank

    Trustee

    On filings since 2021

    1 hr/week

    $68K (2021) → $13K (2025)

Former officers (1)
  • Former: Truist Bank FKA Suntrust Bank (2020) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Truist Bank — Trustee: $13KTruist BankTrustee$13K

The highest reported compensation on the 2025 filing was $13K, to Truist Bank (Trustee).

Frequently asked questions about SunTrust Bank Charitable-Irr TR(1071

How much does SunTrust Bank Charitable-Irr TR(1071 give each year?

SunTrust Bank Charitable-Irr TR(1071 gave $5.5M across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6.3M across 8 grants.

What is SunTrust Bank Charitable-Irr TR(1071's typical grant size?

SunTrust Bank Charitable-Irr TR(1071's median grant in 2025 was $1,200,000, and its average grant was $1,097,526, across 5 grants on its 2025 IRS Form 990-PF.

Where does SunTrust Bank Charitable-Irr TR(1071 give grants?

SunTrust Bank Charitable-Irr TR(1071 gives mostly in Georgia: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (37%). The most frequent recipient cities were Atlanta, GA (3 grants) and Washington, DC (2 grants).

Does SunTrust Bank Charitable-Irr TR(1071 give general operating support?

Yes: 100% of SunTrust Bank Charitable-Irr TR(1071's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are SunTrust Bank Charitable-Irr TR(1071's largest grantees?

SunTrust Bank Charitable-Irr TR(1071's largest 2025 grantees include Purpose Built Communities ($1,500,000), Trust for the National Mall ($1,500,000) and The Ron Clark Academy Inc ($1,200,000), according to its 2025 IRS Form 990-PF. Together they received 77% of its itemized 2025 grant dollars.

What is SunTrust Bank Charitable-Irr TR(1071?

SunTrust Bank Charitable-Irr TR(1071 is a private foundation focused on Arts and culture, based in Orlando, FL.

How much is SunTrust Bank Charitable-Irr TR(1071 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, SunTrust Bank Charitable-Irr TR(1071 reported a distributable amount of $85K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is SunTrust Bank Charitable-Irr TR(1071's EIN?

SunTrust Bank Charitable-Irr TR(1071's EIN (Employer Identification Number) is 54-6054608. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 13, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 17, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 22, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 16, 2026)
  7. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from SunTrust Bank Charitable-Irr TR(1071's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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