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Regions donates $50k to YMCA


The Regions Foundation, a nonprofit organization that supports charitable organizations to fund activities in the areas of community and economic development, education, health and human services and arts and culture has announced a $50,000 donation to the Knoxville YMCA.

“At Regions, our desire is to make life better for our associates, our customers and our communities,” Regions Bank Area Executive Mike McNamee said. “It is a pleasure to present this donation to the Knoxville Y-M-C-A because they make life better for so many in our community every day.”

The donation was presented by McNamee, and accepted by Knoxville YMCA President and CEO Jim Dickson.

Regions’ contribution will fund capital expenditures for the YMCA facilities in the Knoxville area, including:

• Construction costs for the new Lakeshore YMCA, which will break ground in January 2008

• Improvements to the downtown

facility

• Initiating construction of the Farragut location in 2008

In recognition of this gift to the YMCA, the gymnasium complex at the New Lakeshore YMCA will be named in honor of Regions. The gymnasium will have four basketball courts and be able to support both youth and adult basketball leagues in addition to other indoor

activities.

Plans for the Farragut YMCA, which has been in the process of locating land on which to build its new facility since the proposed project at Concord Park was terminated this summer, are reportedly underway.

Dickson said he is in talks with Doug Horne, a local developer and owner of farragutpress, and an unnamed subdivision regarding the location for the new Farragut facility.

He added information would be forthcoming “as soon as everyone is on the same page.”

As was reported previously by farragutpress, Horne has suggested a piece of property located in West Farragut, which the Horne family would offer as an in-kind donation to the YMCA if the facility is built in Farragut.

In a previous interview with farragutpress, Vickey Beard, executive director of the Farragut YMCA, said the lease was up on the building the YMCA currently occupies at 1079 Kingston Pike, and the owner of the property, Schaad Properties, is allowing the YMCA to lease month-to-month, with a provision for a six-month notice in the event the property owner requires the land for other

purposes.

“We have more than 16,000 members and are currently implementing a program locally called Activate Knoxville, which is designed to help improve the health of our community, one person at a time,” Dickson said. “With the opening of these new facilities and the renovations to our downtown Y-M-C-A, we will be able to reach more of our community with programs that can last a lifetime.”

 

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