June 2, 2010
The First Tennessee Foundation recently spread good fortune across its namesake state with grants totaling more than $80,000 to 95 nonprofit groups through the foundation's Leadership Grants program. Memphis area organizations received $33,500.
The Leadership Grants program also encourages bank employees to serve on the boards of nonprofit groups and offers amounts of $500 to board members and $1,000 to board officers to be contributed to the nonprofit organizations of their choice.
In 2009, 72 First Tennessee employees participated in board service.
"If you went around our state and looked at the market presence in each of our major markets, for the most part they (employees) have been chairpersons of United Way, the chambers and involved with the universities," said Charles Burkett, president of banking with First Tennessee ... (read more)
