8.13.2021

CAPTRUST Community Foundation Donates $510,000 to 56 Charities

The CAPTRUST Community Foundation (CCF), a CAPTRUST employee-run 501(c)(3) foundation whose mission is to enrich the lives of children in local communities, today announced that the organization has donated $510,000 to 56 charities around the country as the firm celebrates its second annual Giving Day.

RALEIGH, N.C. – August 13, 2021 – The CAPTRUST Community Foundation (CCF), a CAPTRUST employee-run 501(c)(3) foundation whose mission is to enrich the lives of children in local communities, today announced that the organization has donated $510,000 to 56 charities around the country as the firm celebrates its second annual Giving Day.

This summer, each CAPTRUST office was given the opportunity to allocate $10,000 to charities in its local community. Each organization must benefit children, to align with the CCF’s mission. The event was a follow-up to last year’s Giving Thanks campaign, where the firm gave $450,000 to 45 nonprofits.

“We are thrilled to be able to deploy the CAPTRUST Community Foundation’s resources directly into the communities where we have offices around the country,” said Philip D’Unger, president of the CCF and senior team leader at CAPTRUST. “As our firm grows, so does our ability to make a real impact in our communities. We look forward to continuing this annual effort for years to come, thanks to the generosity of our CAPTRUST colleagues.”

The charities that received donations are:

Founded in 2007, the CCF has awarded more than $3.7 million in grants to charitable organizations across the country that help children in need. The CCF is an entirely volunteer organization run by CAPTRUST employees, and sources fundraising primarily through employee payroll deductions that are matched by CAPTRUST.

To learn more, visit www.captrustcommunityfoundation.org.   

About the CAPTRUST Community Foundation

The CAPTRUST Community Foundation was organized in 2007 to provide CAPTRUST employees with opportunities to participate as a group in community outreach efforts. The foundation is a registered 501(c)(3) charity and is eligible to receive tax-deductible contributions. If you would like to donate or learn more about the CAPTRUST Community Foundation, please call 855.649.0943.

About CAPTRUST

Founded in 1997 in Raleigh, North Carolina, CAPTRUST is an independent registered investment advisor. The firm provides investment management, financial planning, estate planning, and tax advisory and compliance for individuals and families. For retirement plan sponsors, endowments, foundations, and religious entities, CAPTRUST offers investment advisory services, fiduciary support, plan design, provider analysis/fee benchmarking, and employee advice programs. With nearly 900 employees across more than 50 locations nationwide, CAPTRUST oversees more than $60 billion in assets under management and more than $600 billion in assets under advisement (as of June 1, 2021).