The SunTrust Foundation announced it will commit $300,000 to various disaster relief and recovery efforts to support communities and businesses impacted by Hurricane Florence.

Immediately, the SunTrust Foundation is giving $150,000 to American Red Cross to aid first responders as they bring relief to people who've lost their homes and need food and shelter. An additional $150,000 will assist other organizations as ongoing needs are identified.

SunTrust Bank will also accept financial donations for American Red Cross relief efforts in all branches Sept. 18 – Oct. 31, 2018.

"The American Red Cross needs immediate support as they mobilize teams in areas of need," said Stan Little, president of the SunTrust Foundation. "We'll continue to assess the aftermath of the hurricane and provide additional grants to local nonprofits that will ensure the well-being of people affected and help them rebuild."

Established in 2008, the SunTrust Foundation supports American Red Cross disaster relief efforts and primarily focuses grants and activities on advancing financial education, financial counseling, career readiness and small business entrepreneurship, in addition to local community grants.