Suntrust Bank Charitable-irr Tr

Foundation · Grantmaker ORLANDO, FL EIN: 54-6054608

Suntrust Bank Charitable-irr Tr is a private foundation focused on Arts and culture, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 8 grants totaling $6.3M. Net investment income was $1.4M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

-51.1% YoY

Annual Giving

$6.3M

Grant Count

8

Avg Grant Size

$788K

Under IRS private-foundation payout rules, Suntrust Bank Charitable-irr Tr reported a distributable amount of $434K for 2024 — the minimum it must pay out in qualifying distributions.

About Suntrust Bank Charitable-irr Tr

Based on IRS filings

Suntrust Bank Charitable-irr Tr is a private foundation focused on Arts and culture, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 8 grants totaling $6.3M. Net investment income was $1.4M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AtlantaCharlotteDurhamItascaNorfolk

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$5M$7M20202021202220232024
Metric202420232022
Total Assets$4,792,804$9,802,574$9,750,880
Revenue$1,452,312$125,072$530,413
Expenses$6,371,739$62,355$83,928
Qualifying Distributions$6,328,602$29,949$30,129
Net Investment Income$1,425,264$204,352$500,593
Distributable Amount$434,448$491,113$484,402

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M1 grants20201 grants20210 grants20220 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

THE BARACK OBAMA FOUNDAT…$1.1MATLANTA BRAVES FOUNDATIO…$1.0MBOYS & GIRLS CLUBS OF AM…$1.0MGRADY HEALTH FOUNDATION$1.0MTHE MOREHOUSE SCHOOL OF …$1.0MPRESBYTERIAN MEDICAL CEN…$500KSENTARA HOSPITALS$500KCRISTO REY RESEARCH TRIA…$200K

Grant Size Distribution

10 grants across all recorded years

<$50K$50–100K2$100–250K$250–500K2$500K–1M6$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Barack Obama Foundation ($1,100,000), Atlanta Braves Foundation - Hlaf ($1,000,000), Boys & Girls Clubs of America - Atlanta ($1,000,000).

RecipientPurposeAmount
ATLANTA BRAVES FOUNDATION - HLAF ATLANTA, GAGENERAL OPERATING$1,000,000
BOYS & GIRLS CLUBS OF AMERICA - ATLANTA ATLANTA, GAGENERAL OPERATING$1,000,000
CRISTO REY RESEARCH TRIANGLE HIGH SCHOOL DURHAM, NCGENERAL OPERATING$200,000
GRADY HEALTH FOUNDATION ATLANTA, GAGENERAL OPERATING$1,000,000
PRESBYTERIAN MEDICAL CENTER FDN CHARLOTTE, NCGENERAL OPERATING$500,000
SENTARA HOSPITALS NORFOLK, VAGENERAL OPERATING$500,000
THE MOREHOUSE SCHOOL OF MEDICINE INC ATLANTA, GAGENERAL OPERATING$1,000,000
THE BARACK OBAMA FOUNDATION ITASCA, ILGENERAL OPERATING$1,100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

TRUIST BANKTRUSTEE$52K

From 2024 filing

NameTitleHoursCompensation
TRUIST BANKTRUSTEE1$52,204

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Suntrust Bank Charitable-irr Tr?

Suntrust Bank Charitable-irr Tr is a private foundation focused on Arts and culture, based in ORLANDO, FL. It holds $4.8M in total assets as of 2024.

How large is Suntrust Bank Charitable-irr Tr?

As of 2024, Suntrust Bank Charitable-irr Tr holds $4.8M in total assets with $1.5M in annual revenue. It awarded 8 grants totaling $6.3M in 2024.

Where does Suntrust Bank Charitable-irr Tr operate?

Suntrust Bank Charitable-irr Tr has awarded grants in Georgia, Illinois, North Carolina, Virginia.

What size grants does Suntrust Bank Charitable-irr Tr award?

In 2024, Suntrust Bank Charitable-irr Tr awarded 8 grants totaling $6.3M — an average of about $788K per grant, based on its IRS Form 990 filings.

How much is Suntrust Bank Charitable-irr Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Suntrust Bank Charitable-irr Tr reported a distributable amount of $434K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Suntrust Bank Charitable-irr Tr's EIN?

Suntrust Bank Charitable-irr Tr's EIN (Employer Identification Number) is 54-6054608. IRS Form 990 filing data is available on this page for 2020–2024.

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

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