The Ford Motor Company Fund announced a new $1 million capital grants program to improve local communities’ infrastructure in West Tennessee, home to BlueOval City, Ford’s new $5.6 billion electric vehicle and battery manufacturing campus.
Capital grants are tax-exempt charitable gifts designed to fund capital projects such as building renovations, land preservation, and other community-based construction projects, according to Ford's news release. The $1 million in capital grants will be available for nonprofits and municipalities in West Tennessee, located in the following counties surrounding BlueOval City: Haywood, Fayette, Tipton, Lauderdale, Shelby, and Madison.
“Community has always come first for Ford, and we are staying true to our legacy of giving back by investing in our new Tennessee neighbors,” said Mike Schmidt, director of programs at Ford Motor Company Fund. “Our goal is to ensure that the communities where we build benefit from the investments we’re making and the jobs that Ford and SK On are creating.”
The grants are designed to enable capital improvements in the region, including physical infrastructure such as playgrounds and construction of new or renovated spaces like community centers. The awarded grants will range between $25,000 and $100,000.
Ford’s BlueOval City manufacturing campus will enable Ford and SK On to create 6,000 new jobs, according to the company.