BB&T - Donations

Donations

• The company donated $600,000 to Florida Gulf Coast University for the growth of programs at the Lutgert College of Business.
• The company donated $350,000 to fund the teaching of "The Moral Foundations of Capitalism" at the Loyola College in Maryland.
• The company donated $1.5 million to the University of Georgia to "expand teaching and research into the foundations of capitalism and free market economies".
• The company donated $1 million to the University of Central Florida to create the BB&T Program for Business Ethics and fund the teaching of "The Moral Foundations of Capitalism".
• The company donated $1.75 million to West Virginia University's College of Business and Economics.The funds will establish a BB&T Chair in Free Market Thought and enhance the school's free market research and teaching programs.
• In May 2008, National Public Radio reported that the BB&T Charitable Foundation had given 25 U.S. colleges and universities "several million dollars" to fund programs promoting Ayn Rand's work and economic philosophy.
• The company gives each employee $100 every year to donate to a project or organization within their community through the BB&T Lighthouse Project and pays employees for two hours of volunteer work within their community.
• In 2012, BB&T donated approximately $500,000 to Veterans Helping Veterans Heal in Winston-Salem, N.C.