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The CAPTRUST Community Foundation Announces Record $1 Million in Donations for 2020
January 14, 2021 GMT
(PRNewsfoto/CAPTRUST Financial Advisors)
RALEIGH, N.C., Jan. 14, 2021 /PRNewswire/ -- The CAPTRUST Community Foundation (CCF), a CAPTRUST employee-run 501(c)(3) organization, today announced a record annual donation of $1 million to 211 nonprofits in 2020. The CCF also unveiled its new board, led by Philip D’Unger, who will serve as the organization’s president in 2021.
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The CCF provides grants to charitable organizations across the country that serve the mission of supporting children in need. Founded in 2007, the CCF has donated more than $2.6 million in grants. In 2020, the CCF broadened its focus to include individuals, families, and communities who were affected by the global COVID-19 pandemic. As a result, the CCF distributed over $1 million in grants over the course of the year. One of the larger initiatives of 2020, the Giving Thanks campaign, provided $10,000 grants to 45 charities nationwide. This resulted in $450,000 given directly to the communities that needed it the most during the holiday season.