Tennessee Titans Foundation
The Tennessee Titans Foundation was established in 1999 with an initial gift of $500,000 from Titans Owner / Founder K.S. “Bud” Adams, Jr. and his wife Nancy.
Since that time, more than $1 million dollars in grants have been made to non-profit organizations throughout the state from the Titans Foundation, including grants to 42 Tennessee-based United Way offices serving all 95 counties in the state.
The two largest fundraisers for the Foundation continue to be an annual golf tournament and also the sale of Tennessee Titans license plates by the State of Tennessee.
The ninth annual Tennessee Titans Charity Golf Classic will be held in June 2008.The first eight tournaments generated in excess of $1.2 million for the Foundation, which began in 1999 thanks to the incredible support from both the business and private sector…and to Adams’ announcement last spring that he and his wife agreed to pay all of the expenses associated with the first eight golf tournaments.
The Titans specialty license plate sold by the State of Tennessee earns 50% of the $35 fee for the Titans Foundation.That translated to more than $278,000 during the first 14 months that the plates were available for motor vehicles.Every one of Tennessee’s 95 counties reported sales of the Titans plate during that period!In the enabling legislation creating the plate, the Titans and the State of Tennessee agreed that 100% of the proceeds earned by the Titans Foundation would be equally distributed among 10 organizations across Tennessee.
Each of these 10 organizations received more than $27,800 from the Titans Foundation during the first 14-month reporting period ending December 31, 2004.
In four years, the Titans specialty plate has generatedmore than $1.3 million for Tennessee charities through the Titans Foundation. In addition to the Tennessee Arts Commission, the following 10 organizations receive equal shares from the proceeds of the plate sales:
In addition to the 50% share of the specialty plate fee earned by the Titans Foundation, 40% of the $35 fee is routed to the Tennessee Arts Commission.This percentage earned approximately $200,000 for the Tennessee Arts Commission during the opening 14-month sales period.
Due to an abundance of quality grant requests currently on file, the Tennessee Titans Foundation has temporarily ceased to accept additional grant requests. Once the backlog of qualified grants has been reviewed, an announcement will be made concerning the acceptance of additional grant requests.