Scott Hamilton, Executive Director of the Appalachian Regional Commission (ARC) for the past five years, has been named President of the Golden LEAF Foundation. The Rocky Mount-based organization was created nearly 20 years ago through funding from to tobacco settlement agreement that many states, including Tennessee, received.
The Golden LEAF Foundation supports rural North Carolina and helps transform the economy of rural, tobacco dependent and economically distressed areas of the state by providing critical resources through grants, scholarships to rural students and, in recent years, by managing the state’s relief and recovery funding to support residents and communities affected by hurricanes.
Over its almost 20-year history, the Foundation has awarded 1,775 grants totaling $872 million. Imagine what Tennessee could have done if the state had not used those dollars to balance its budget.
ARC will announce plans for the search for a new Executive Director soon.