Athens foundation to give away grants
by Special To The Banner
May 12, 2013 | 949 views | 0 0 comments | 5 5 recommendations | email to a friend | print
LOCAL CHARITABLE ORGANIZATIONS will be able to apply for grants of up to $5,000 through the Athens Federal Foundation this summer. Last year’s recipients are shown at the foundation’s awards luncheon in October. Contributed photo
LOCAL CHARITABLE ORGANIZATIONS will be able to apply for grants of up to $5,000 through the Athens Federal Foundation this summer. Last year’s recipients are shown at the foundation’s awards luncheon in October. Contributed photo
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ATHENS — The Athens Federal Foundation announced it will award $74,000 to area charitable organizations during the 2013 calendar year. Grant applications will be available June 1 at any Athens Federal Community Bank office as well as online.

The two-month grant application period ends Aug. 1. 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 2012, the Foundation awarded $68,500 to 19 local nonprofit and charitable organizations, including CASA of Bradley County, Habitat for Humanity of McMinn County and Tennessee Wesleyan College.

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.”

It “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 2013 foundation board of directors includes secretary Melissa Armour, Linda Caldwell, Allen Carter, chairman Elaine Cathcart, Kathy Clark, John Cockrell, Moises Contreras, president Jeff Cunningham, Ray Grant, Vant Hardaway, treasurer Michael R. Hutsell, Joel Riley, Sandra Rowland, Lyn B. Thompson and Larry Wallace.

Foundation president and CEO Jeff Cunningham said all local nonprofit and charitable organizations are encouraged to apply for 2013 grants.

“The foundation board reviewed 52 applications for monetary assistance in 2012 and is optimistic that number will increase this year,” he said. “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. 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 2013 calendar year, contact Melissa Armour at 745-1111, stop by any Athens Federal office or visit http://www.athensfederal.com.