The charitable arm of Chattanooga’s biggest bank is donating $2.5 million in support of COVID-19 emergency relief efforts to nonprofit organizations throughout its five-state footprint.
First Horizon Foundation, which is funded by First Horizon Bank, announced Tuesday that it will distribute money to select organizations that provide meal, educational and emergency assistance relief in Florida, North Carolina, South Carolina, Tennessee and Texas.
“In these unprecedented times, it is important that we do all we can to take care of each other,” said Jay Dale, the Chattanooga market president for First Horizon Bank. “Chattanooga and the cities across our footprint have long supported us, so we want to do all we can to make sure these communities are given the tools to succeed even through the hardest of times.”
The foundation will collaborate with the First Horizon Bank market presidents across its footprint to identify and coordinate with the organizations that will receive expedited grants. The special COVID-19 relief funds being provided are in addition to the Foundation’s annual charitable giving grants that supported 650 organizations in 2019.
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