First Horizon Foundation, which operates as Capital Bank Foundation and First Tennessee Foundation, has released its inaugural annual report, highlighting its impact in 2018.
This past year marked 25 years of the First Horizon Foundation providing grants to nonprofit partners to strengthen and meet the needs of communities. To date, more than $90 million has been distributed, touching the lives of many individuals, according to a press statement.
“In 2018, our foundation partnered with nearly 900 nonprofits to provide funding for various programs, capital campaigns and special initiatives,” said Charles Burkett, foundation chair. “We’re proud of the partnerships we have built and the progress we have made, and we look forward to continuing to work together for the greater good of our communities.”
Locally, Helen Ross McNabb and Second Harvest Food Bank are recipients. In addition, First Tennessee Bank employees regularly volunteer with Second Harvest.
The grant application process will open Oct. 1 with Dec. 1 the deadline to apply. Grant awards will be announced March 1. In 2018’s inaugural report, readers will learn more about projects, programs and initiatives the foundation has supported in arts and culture, education and leadership, environment, financial literacy, human services and health services.