Using the funding she received from the Truist Foundation, Jill Hedrick purchased 18 condominium units, perfect for the influx of ATV riders visiting town.
“The trails have transformed the town. While so many rural places in West Virginia are losing population, Pineville has people coming and staying,” said Hendrick. “So, when you hear the trail riders coming into town in the morning, it’s just this beautiful roar. It’s the sound of our economy coming back to life.”
As CornerSquare distributes capital throughout communities, Truist will continue to provide support and guidance. From marketing to communications to underwriting to strategy, Truist is helping CornerSquare make a lasting impact.
“I want to help bring life into these communities,” Kenchen said. “I want people to be able to look out the window and see that they've got investment, resources, and access to capital. That’s why we do this.”
Truist Foundation aims to build career pathways to economic mobility, which is why we’re proud to support organizations that provide employment opportunities for low-income individuals. Click here for more stories about the work we're doing.
* Truist's $40 million donation to help establish CornerSquare represents funding from both the Truist Foundation Inc. and the Truist Charitable Fund.
About Truist Foundation
The Truist Foundation is committed to Truist Financial Corporation’s (NYSE: TFC) purpose to inspire and build better lives and communities. Established in 2020, the foundation makes strategic investments in nonprofit organizations to help ensure the communities it serves have more opportunities for a better quality of life. The Truist Foundation’s grants and activities focus on leadership development, economic mobility, thriving communities and educational equity.