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TheStreet Open House

First Tennessee Foundation's 150 Days Of Giving Names First Winner

Stocks in this article: FHN

MEMPHIS, Tenn., March 27, 2014 (GLOBE NEWSWIRE) -- Online voters chose Cleveland State Community College Foundation in southeast Tennessee as the first $5,000 winner in the First Tennessee Foundation's 150 Days of Giving, which celebrates First Tennessee Bank's 150th anniversary. Beginning March 25, the bank's anniversary, and continuing for 150 days, the foundation will give away $5,000 a day to a different nonprofit chosen by online voting. First Tennessee Bank is a subsidiary of First Horizon National Corp. (NYSE:FHN).

"This is a way to give back to the communities we serve," said Bryan Jordan, chairman and CEO of First Horizon. "The support of our customers and communities made our first 150 years possible, so we're saying thanks by continuing our proud tradition of investing in our communities. We know the $750,000 our foundation will award in our 150 Days of Giving will be used to make our communities stronger."

Established in 1993, the First Tennessee Foundation has recently been contributing $5 million a year to support the health and prosperity of local communities. The more than 1,000 organizations that are eligible for the 150 Days of Giving are those the First Tennessee Foundation has supported since 2008 through a direct grant or a matching gift for an employee of First Tennessee Bank or FTN Financial.  

Voting is open to the public at www.150DaysOfGiving.com . Participants can vote for up to 10 different nonprofits each day from each device they have, say a smartphone and a laptop. Voting opened March 13, and all votes that are cast will continue to count throughout the 150 Days of Giving, until an organization wins or the 150 Days of Giving ends on Aug. 21. Winners will be posted on the site, and each organization can win only once.

"We're thrilled that the first winner is one of our own," said Mike Griffin, First Tennessee Bank's Cleveland community president. "We hope other organizations here will be challenged to become a winner as well." Cleveland State Community College enrolls about 3,500 for-credit students.

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