(L-R) Jenna Kelley, president and CEO, Georgia Division, SunTrust; Ray Pennie, president of business development, ACE; and, Grace Fricks, president and CEO, ACE
SunTrust Foundation, recognized for its philanthropic contributions to Atlanta, awarded ACE a 2018 Lighting the Way Award and $75,000 grant. The SunTrust Foundation’s Lighting the Way Awards recognizes select nonprofit organizations that strengthen their local communities through programs that help people better their circumstances and gain financial confidence.
“We’re committed to building stronger communities, and our nonprofit partners are addressing community needs in innovative and very meaningful ways,” said Stan Little, president of the SunTrust Foundation. “Access to Capital for Entrepreneurs is improving the lives of many small-business owners, and we applaud their mission, long-term service and the impact they’re making where it’s most needed.”
“Our vision for ACE is to create a ripple effect that not only has a positive impact on the individual small-business owners that ACE serves directly, but also on their families, their employees and their communities,” stated Grace Fricks, president and CEO of ACE. “When ACE provides a loan that supports a business and creates or sustains jobs, Georgia’s economy is strengthened. We are excited to receive this grant from the SunTrust Foundation because it will allow us to continue to empower others to fulfill their dreams.”
Established in 2008, the SunTrust Foundation is committed to supporting a wide range of financial wellbeing efforts through grants and partnerships with local philanthropic organizations. To date, the SunTrust Foundation has awarded more than $140 million in grants to organizations across the United States.