MEMPHIS, Tenn., June 25, 2018 (GLOBE NEWSWIRE) -- For the last quarter century, the First Horizon Foundation has distributed more than $80 million to nonprofits to help meet community needs.

And we believe it’s time to celebrate.

Capitalizing on this anniversary and our commitment to our communities in new markets, we’re introducing our foundation as the Capital Bank Foundation, to continue our efforts of uplifting our communities in Florida, North Carolina, South Carolina, and Virginia.

On June 30, the First Horizon Foundation will mark its 25th anniversary of supporting the nonprofit organizations in the communities we serve. To celebrate this milestone and the introduction of the Capital Bank Foundation, we’re launching a video contest and distributing $250,000 in grants to nonprofits in our communities.

The contest is open to eligible nonprofits that have received grants from our foundation in the past, as well as to those that meet our funding guidelines and would like to apply for grants. Submit a video – up to, but not exceeding 60 seconds – that demonstrates how we have partnered or how we could partner with your organization to support our communities.

Videos produced using mobile devices are acceptable and preferred. Don’t worry about professional production values; we just want to hear your story and see how we can help.

Submission deadline is Aug. 1, 2018. Finalists will be determined by public voting from Aug. 15-31. Winners will be selected by a panel of judges and announced in October. Grants will range from $5,000 to $25,000, with a total distribution of $250,000 across our markets.

To learn more, visit 25yearsofgiving.com or capitalbankfoundation.com.

About the First Horizon Foundation

Founded in 1993, the First Horizon Foundation is the private charitable foundation of First Horizon National Corp. (NYSE:FHN), the parent company of First Tennessee Bank National Association (operating as Capital Bank and First Tennessee). Since its inception, our foundation has donated more than $80 million to meet community needs. The foundation has been honored for leadership in philanthropy and community involvement, and recognized by the American Bankers Association for our outstanding work in the community. First Horizon Foundation doing business as First Tennessee Foundation and Capital Bank Foundation.

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CONTACT: First Horizon
Investor Relations, Aarti Bowman, (901) 523-4017
Media Relations, James Dowd, (901) 523-4305