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    Blount Partnership

    ActiveCommunity Improvement
    MARYVILLE, TNWebsite8659832241

    About Blount Partnership

    The mission of the Blount Partnership is to serve its members and stakeholders while promoting economic growth and stability, fostering community development and enhancing the overall quality of life in the region.

    Focus Areas

    Economic developmentWorkforce developmentTourism and visitor promotionSmall business supportIndustry/site recruitmentCommunity developmentEducation and training partnerships

    Who They Fund

    local employers / businesseslocal workforce / job seekersmunicipalities / local economic development agenciesprivate developers and investors

    Funding Style

    About Blount Partnership

    A $9,000,000 grant to Smith and Wesson Brands Inc for facility improvements and new building construction stands out as the clearest signal of how Blount Partnership funds economic change: through large capital investments tied to job creation and new private-sector activity. The partnership also backed Arconic LLC with $1,500,000 for the same type of project, reinforcing a pattern of using grant dollars to support industrial expansion rather than broad, many-small-grant philanthropy. That approach fits its mission to promote economic growth, stability, and community development in the region. The organization works across economic development, workforce development, tourism and visitor promotion, small business support, industry and site recruitment, and education and training partnerships. Its active programs extend that mission into workforce readiness and skilled trades, including an eight-week training and paid internship program for young adults ages 18-26 who are unemployed or underemployed, plus a scholarship program for students in Blount County pursuing school or work expenses related to future building trades careers. Together, these grant and program choices show a funder focused on local employers, local workers, and the physical conditions that support long-term investment.

    What Blount Partnership Funds

    In workforce development, Blount Partnership supports both short-term training and longer-term credentials. Its Youth Workforce Readiness Training and Internship Program offers an eight-week training sequence plus a paid internship at a local manufacturer for young adults ages 18-26 who are unemployed or underemployed. The Foundation for Future Building Trades Scholarship helps students at Heritage High School, William Blount High School, and Maryville High School cover tuition, books, fees, tools, and boots, with awards up to $2,500. The funder also channels capital into industrial growth. In 2024 it gave $9,000,000 to Smith and Wesson Brands Inc for facility improvements and new building construction to create new jobs and encourage new capital investments. Another 2024 grant of $1,500,000 went to Arconic LLC for the same purpose. Those awards align with its stated focus on industry and site recruitment, job creation through physical investment, and commercial and industrial site development.

    How Blount Partnership Gives

    Blount Partnership’s recent grants are highly concentrated at the top end: the 25th percentile is $3,375,000, the median is $5,250,000, and the 75th percentile is $7,125,000. The two largest recent awards were $9,000,000 and $1,500,000, which shows a grantmaking style built around major capital commitments rather than small operating gifts. The organization does not fund individuals and does not make program-related investments. Its active programs are separate from its capital grants and include unsolicited opportunities, such as the workforce readiness internship program and the building trades scholarship.

    Financial Snapshot

    Annual Giving

    $10.5M

    Total Assets

    $4.1M

    Total Revenue

    $5M

    Total Expenses

    $4.8M

    Typical Grant Size

    Most grants fall between $3.4M and $7.1M, with a median of $5.3M.

    25th Percentile

    $3.4M

    Median

    $5.3M

    75th Percentile

    $7.1M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in TN.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    CHRIS SORO

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    EIN: 46-4611195
    2 filings on record
    See If You're a Fit — FreeFree account · instant fit score · similar funders
    capital infrastructure grantsfacility construction fundingeconomic development / job creationcatalytic / leverage funding

    Topics

    new building constructionfacility improvements / renovationslocal capital investment attractionjob creation through physical investmentcommercial / industrial site development

    Where Blount Partnership Makes Grants

    Blount Partnership gives locally, and every grant in the provided data went to recipients in Tennessee. The recipient cities named in the recent grants are Maryville and Alcoa, both in the foundation’s 100% Tennessee grant pattern. The active programs also stay within Blount County, including Maryville and countywide youth and scholarship support. No non-U.S. recipient countries appear in the data.

    Frequently Asked Questions About Blount Partnership

    What kinds of projects does Blount Partnership fund?

    Its recent grants support facility improvements and new building construction tied to job creation and new capital investment. The foundation’s program list also shows support for workforce readiness training, paid internships, and scholarships connected to building trades education.

    How large are Blount Partnership’s typical grants?

    The typical grant size is substantial: the 25th percentile is $3,375,000, the median is $5,250,000, and the 75th percentile is $7,125,000. The recent grants list includes awards of $9,000,000 and $1,500,000.

    Does Blount Partnership support workforce development?

    Yes. It funds an eight-week workforce readiness training and paid internship program for young adults ages 18-26 who are unemployed or underemployed, and it also offers a scholarship for students at Heritage High School, William Blount High School, and Maryville High School for school or work costs.

    Where does Blount Partnership give?

    Its giving is local, and 100% of grants in the provided data went to recipients in Tennessee. Named recipient cities include Maryville and Alcoa, and the active programs are centered in Blount County.

    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    SMITH AND WESSON BRANDS INCMARYVILLE, TN$9,000,0002024TO FUND FACILITY IMPROVEMENTS AND NEW BUILDING CONSTRUCTION IN ORDER TO CREATE NEW JOBS AND ENCOURAGE NEW CAPITAL INVESTMENTS.
    ARCONIC LLCALCOA, TN$1,500,0002024TO FUND FACILITY IMPROVEMENTS AND NEW BUILDING CONSTRUCTION IN ORDER TO CREATE NEW JOBS AND ENCOURAGE NEW CAPITAL INVESTMENTS.

    SMITH AND WESSON BRANDS INC

    $9,000,000
    MARYVILLE, TN2024

    TO FUND FACILITY IMPROVEMENTS AND NEW BUILDING CONSTRUCTION IN ORDER TO CREATE NEW JOBS AND ENCOURAGE NEW CAPITAL INVESTMENTS.

    ARCONIC LLC

    $1,500,000
    ALCOA, TN2024

    TO FUND FACILITY IMPROVEMENTS AND NEW BUILDING CONSTRUCTION IN ORDER TO CREATE NEW JOBS AND ENCOURAGE NEW CAPITAL INVESTMENTS.