FOR IMMEDIATE RELEASE
AEF Donor-Advised Funds Grant $4.6 Million to Veterans in Past Three Years
Honoring Veterans: Charitable Giving on USA Independence Day
June 27, 2024 (Hudson, Ohio) Since 2021, American Endowment Foundation (AEF) donor-advised funds have granted more than $4.6 million to support veterans. AEF, one of the nation’s largest independent donor-advised fund sponsors with $7 billion in assets under management, has directed grants to charities such as Tunnel to Towers Foundation and Wounded Warriors.
As fireworks light up the sky and barbecues sizzle, the Fourth of July is a time of celebration and reflection. Amidst the festivities, it’s crucial to remember those who have sacrificed for the freedoms enjoyed every day. Veterans, who have bravely served our country, often face unique challenges upon returning home. This Independence Day, alongside the cheers for liberty, offers a poignant opportunity to support veterans through donor-advised funds and charitable giving.
Why Charitable Giving to Support Veterans Matters
Veterans are the backbone of the nation’s defense, dedicating themselves to protecting cherished freedoms. Many return from service with physical injuries, psychological trauma, or find it challenging to reintegrate into civilian life. Despite their sacrifices, veterans can sometimes struggle with healthcare, housing, employment, and other essential needs.
Charitable organizations dedicated to veterans’ causes play a crucial role in addressing these challenges. They provide services including healthcare, mental health support, housing assistance, job training, and financial counseling. These organizations rely heavily on donations to fund their programs and support veterans who have given so much.
The Impact of Donor-Advised Funds in Charitable Giving
Donor-advised funds offer a flexible and tax-efficient way for individuals to support charitable organizations. AEF’s donor-advised funds have been pivotal in directing substantial resources to veterans’ charities, demonstrating the power of expanding philanthropy. By utilizing donor-advised funds, donors can strategically support the causes they care about while receiving immediate tax benefits.
Embodying the Spirit of Independence and Compassion
Independence Day is not only about celebrating freedom but also about embodying the spirit of compassion and gratitude towards those who defend it. Supporting veterans through charitable giving allows donors to demonstrate their appreciation and commitment to their well-being. As we revel in our liberties, let’s ensure we do not forget those who secured them for us.
This Fourth of July, let us unite in honoring our veterans through acts of generosity and kindness. Together, we can significantly impact the lives of those who have sacrificed so much for our country through charitable giving.
ABOUT AMERICAN ENDOWMENT FOUNDATION:
Established in 1993, American Endowment Foundation (AEF) is one of the nation’s largest independent donor-advised fund sponsors with $7 billion in assets under management. AEF is a mission-motivated organization focused on expanding philanthropy led by a people-driven culture that results in a best-in-class client experience. To learn more, visit www.aefonline.org
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