(MURFREESBORO) The Murfreesboro City Council voted Thursday (2/8/2024) to approve the Community Investment Trust funding of qualified charitable organizations in FY25. $364,950, the amount available for distribution under the Trust agreement in FY25, will be distributed to twenty-nine (29) charitable organizations.
Council approval follows approval by the Community Investment Trust (CIT) Board of Trustees Jan. 24, based on recommend funding approval from the Committee on Contributions Jan. 23. .
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MURFREESBORO, Tenn. — The Murfreesboro Committee on Contributions of the Murfreesboro Community Investment Trust invites eligible charitable applicants to submit requests for charitable grants in FY24-25.
Beginning October 1 through Oct. 31, 2023, application requests for grant-funding can be made by utilizing the grant-making application process, available at https://www.murfreesborotn.gov/CommunityGrantApplication
Activities requesting funding from this application must .
MURFREESBORO, Tenn. – On Monday, the Board of Trustees of the Murfreesboro Community Investment Trust met to further discuss finding the right Outsourced Chief Investment Officer (OCIO) to manage funds generated by the City selling Murfreesboro Electric 3-years ago. An Outsourced Chief Investment Officer is an outsourced agency, often referred to as an asset management firm or investment consultant.
Board of Trustee members spoke to Brad Alford with Alpha Cap .