First Horizon Foundation Contributes to Local Relief Initiatives
First Horizon Foundation Supports Local Relief Efforts
This funding will support a wide range of essential services and resources in the community.
Recently, First Horizon Foundation made headlines with their generous donation of $25,000 to the American Red Cross to bolster relief efforts in the area. This contribution aims to deliver critical assistance and support to those facing challenging circumstances as a result of recent disasters.
Jay Dale, the Chattanooga Market President for First Horizon, emphasized the importance of community support during emergencies. He stated, "Nothing is more important than meeting the challenges our communities face. Supporting the American Red Cross at this critical time is a top priority for us. The hard work begins as the weather subsides; we are stepping up to support efforts that will strengthen our neighbors as they move forward." This statement reflects a deep commitment to aiding the community in times of need.
Community Response to the Donation
The efforts of First Horizon have not gone unnoticed. Chattanooga Mayor Tim Kelly expressed gratitude for the foundation's ongoing support. He remarked, "In times of emergency, Chattanoogans come together to support each other. Since 1905, First Horizon has been a vital partner in our community. Whenever extraordinary circumstances arise, they have stepped forward to meet the immediate needs and continue to sustain support. For that, we are grateful."
This collaboration showcases the strength of community partnerships in driving effective responses and creating lasting changes for residents impacted by hardships.
American Red Cross Efforts
The American Red Cross of Southeast Tennessee plays a crucial role in providing emergency financial aid and recovery planning for those affected by recent floods. Their ongoing initiatives aim to assist individuals and families in re-establishing their lives. Community members in need can call 1-800-RED-CROSS for assistance and information on the services available.
Efforts supported by the American Red Cross include targeted financial assistance for families as well as grants for community-based services—essential for rebuilding lives and neighborhoods.
About First Horizon Corporation
Founded in 1993, First Horizon Foundation is the charitable arm of First Horizon Corporation, which has donated over $150 million to community needs. Their grants focus on various impact areas, such as Arts & Culture, Education & Leadership, Environment, Financial Literacy, and Health & Human Services. This ongoing commitment highlights their dedication to fostering growth and sustainability in the communities they serve.
First Horizon Corporation (NYSE: FHN), with assets totaling $82.1 billion, operates as a leading regional financial services company. Based in Memphis, TN, First Horizon Bank offers a comprehensive suite of services including commercial banking, private banking, consumer banking, and more. The company prides itself on unlocking the full potential of their clients, communities, and associates through quality counsel and resources.
Recognized by Fortune and Forbes magazines for its workplace culture and reputation, First Horizon continues to set high standards in the banking sector.
Frequently Asked Questions
What was the amount donated by First Horizon Foundation?
First Horizon Foundation donated $25,000 to the American Red Cross to support relief efforts.
What is the primary purpose of the donation?
The donation aims to provide essential services and resources to those in need within the affected community.
Who is Jay Dale?
Jay Dale is the Chattanooga Market President for First Horizon and emphasized the organization's commitment to community support.
What does the American Red Cross provide?
The American Red Cross offers emergency financial aid, recovery planning, and long-term support for individuals impacted by disasters.
How long has First Horizon been operating?
First Horizon has a history dating back to 1905, providing financial services to the community for over a century.
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