Atlanta-based national nonprofit Purpose Built Communities announced today at its 11th annual conference that it will receive a $7 million grant from the Truist Foundation over the next three years. As part of this funding, the Truist Foundation has also committed to becoming the official sponsor of the Racial Equity Ambassadors program, a central part of Purpose Built Communities’ approach to improving health outcomes, economic mobility and racial equity.

“Truist and the Truist Foundation share in the responsibility to create opportunities for upward economic mobility in communities that may have been historically overlooked,” said Bill Rogers, president and chief operating officer, Truist Financial Corporation, and chairman of the Board, Truist Foundation. “Accelerating the adoption and further integration of racial equity principles into the Purpose Built Communities’ Network Member leadership perfectly aligns with our purpose and the work we’re doing to put equity front and center internally and externally.”

The funding will advance the work of Purpose Built Communities and its Network Members, who are doing the heavy lifting on the ground with their neighbors and partners.