Suntrust Bank Charitable-irr Tr
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
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| ATLANTA BRAVES FOUNDATION - HLAF ATLANTA, GA | GENERAL OPERATING | $1,000,000 |
| BOYS & GIRLS CLUBS OF AMERICA - ATLANTA ATLANTA, GA | GENERAL OPERATING | $1,000,000 |
| CRISTO REY RESEARCH TRIANGLE HIGH SCHOOL DURHAM, NC | GENERAL OPERATING | $200,000 |
| GRADY HEALTH FOUNDATION ATLANTA, GA | GENERAL OPERATING | $1,000,000 |
| PRESBYTERIAN MEDICAL CENTER FDN CHARLOTTE, NC | GENERAL OPERATING | $500,000 |
| SENTARA HOSPITALS NORFOLK, VA | GENERAL OPERATING | $500,000 |
| THE MOREHOUSE SCHOOL OF MEDICINE INC ATLANTA, GA | GENERAL OPERATING | $1,000,000 |
| THE BARACK OBAMA FOUNDATION ITASCA, IL | GENERAL OPERATING | $1,100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TRUIST BANK | TRUSTEE | 1 | $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.
Explore Open Grants
Browse active grant opportunities in Suntrust Bank Charitable-irr Tr's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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