Athens Federal Foundation to award grants
Jun 01, 2014 | 511 views | 0 0 comments | 0 0 recommendations | email to a friend | print
Representatives of the 19 nonprofit and charitable organizations that received Athens Federal Foundation grants in 2013 are shown following the annual awards luncheon.
Representatives of the 19 nonprofit and charitable organizations that received Athens Federal Foundation grants in 2013 are shown following the annual awards luncheon.
Athens — The Athens Federal Foundation announced it will award $85,500 to area charitable organizations during the 2014 calendar year.

Grant applications will be available June 9 at any Athens Federal Community Bank office, and online at

The two-month grant application period ends Aug. 8 at 5 p.m. Grant recipients will be announced in September and awards will be distributed during the fourth quarter.

All nonprofit organizations in Athens Federal’s service area are encouraged to apply, including those in Bradley, McMinn, Meigs, Monroe and Polk counties.

The foundation anticipates receiving more requests for support than it can approve, but encourages all applicants to apply and keep the foundation informed of their activities and needs. Grants are generally limited to $5,000 per applicant per year.

In 2013, the foundation awarded $74,000 to 20 local nonprofit and charitable organizations, including:

McMinn County Educational & Community Foundation; Tri-County Center; Miracle Lake Christian Training Center; Coordinated Charities of Athens; Women at the Well Ministries; Tennessee Wesleyan College; CASA of Bradley County; McMinn County Senior Citizens, Inc.; Good Faith Clinic; Monroe County Health Council; Helping Hands Ministry; Athens Lions Charities; CASA Monroe; The HOPE Center, Inc.; CASA Corridor of East Tennessee; The Grace House in Athens; Full Circle Women’s Ministry; Keith Memorial UMC; Grace & Mercy Ministries; Life & Redemption Ministries; and the Caring Place.

The Athens Federal Foundation was established by Athens Bancshares Corporation, the holding company for Athens Federal Community Bank, and its shareholders as part of the Bank’s 2009 stock conversion. The foundation was created to provide funding and support for charitable causes within the bank’s market (Bradley, McMinn, Meigs, Monroe and Polk counties). In conjunction with the initial stock offering,

Athens Bancshares Corporation contributed $1 million of Athens Bancshares Corporation stock and $100,000 in cash to the foundation.

The foundation’s mission is to “support and fund community development via affordable housing, job training and programs that assist the economically disadvantaged.

The foundation will also consider requests for educational initiatives, health care programs and supportive human service programs, as well as local cultural institutions, for the purpose of broadening access to cultural and arts activities.”

The 2014 Foundation Board of Directors includes: Linda Caldwell; Vant Hardaway; Allen Carter; Michael R. Hutsell, treasurer; Elaine Cathcart, chairman; Kathy Clark; Joel Riley; John Cockrell; Sandra Rowland; Moises Contreras; Lyn B. Thompson; Jeff Cunningham, president; Larry Wallace; Ray Grant; and Amy Yarber, secretary.

According to Foundation President and CEO Jeff Cunningham, “all local nonprofit and charitable organizations are encouraged to apply for 2014 grants. The foundation Board reviewed more than 50 applications for monetary assistance in 2013 and is optimistic that number will increase this year. There is no denying the overwhelming need in our community and the foundation is dedicated to its mission of providing support for essential program development.”

He continued, “… consistent with our increase in grant awards this year [$11,500 more than 2013], we expect the foundation’s assets to continue to grow, allowing us to grant additional funds each year to deserving causes.”

For more information about the Athens Federal Foundation or its grants for the 2014 calendar year, contact Amy Yarber at 423-745-1111 or stop by any Athens Federal office.