Celebrating its 160th anniversary, this Memphis bank just awarded $1.6M in grants to 160 nonprofits

What’s happening: A Memphis-headquartered bank is celebrating its 160th anniversary this year. As part of its celebratory victory lap, the bank, through its own foundation, recently awarded $1.6 million in grants to 160 nonprofits within the bank’s footprint with each nonprofit selected receiving $10,000.

What it is: First Horizon Corp. announced the grant program through its First Horizon Foundation. The Grants for Good campaign opened up the application process to those nonprofits making “a significant impact on the development and stability of their communities,” per a release, receiving more than 3,500 applications as a result. A team of First Horizon associates parsed the applications, ultimately selecting the 160 nonprofits that would receive one of the $10,000 grants.

What they’re saying: "We are honored to recognize these outstanding nonprofit organizations through the Grants for Good campaign," says First Horizon Chairman, President and Chief Executive Officer Bryan Jordan. "Their dedication to uplifting those in need, fostering sustainable growth and fortifying resilience through various initiatives is truly inspiring. We are proud to support these organizations who share our dedication to shaping a brighter tomorrow for our communities."

Who won: The 160 nonprofits selected within the bank’s footprint represent 12 states, the majority of which are in the South but also reach as far as New York. In Memphis, those nonprofits include A Step Ahead Foundation; Agricenter International, Inc.; Binghampton Development Corporation; BLOC Squad Memphis; Christian Psychological Center; CodeCrew; Company d; DeNeuville Learning Center for Women; Dorothy Day House; Dress for Success Memphis; Emmanuel Center, Inc.; Memphis Urban League; Protect Our Aquifer; and Sweet Cheeks Diaper Ministry.

A complete list of the 160 nonprofits selected for the First Horizon Foundation’s Grants for Good campaign is available online.
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