News and analysis
May 13, 2015

Coalition of Grant Makers Increases Pledge for Veterans Charities to $276 Million

A coalition of philanthropies and corporations has increased its commitments for veterans groups to more than $276 million.

The Philanthropy-Joining Forces Impact Pledge was started in April 2014 by the Blue Shield of California Foundation, the Bristol-Myers Squibb Foundation, the Lincoln Community Foundation, and the Robert R. McCormick Foundation. More than 30 foundations and corporations joined the effort last year, pledging more than $170 million for five or more years to support veterans and military families.

At a Washington event hosted by the Council on Foundations and the Veterans Philanthropy Exchange on Tuesday, the coalition announced that a handful of major grant makers have increased their pledges and several more have announced new support, increasing the total pledged by $106 million.

The donations support a wide array of organizations that give grants for education, employment, health care, housing, and other needs of the 21 million veterans in America today.

The grant makers providing new pledges include the Conrad N. Hilton Foundation, which is supporting efforts to eliminate homelessness among veterans, and the Jewish Women’s Foundation of New Jersey, which is community forum on issues facing women veterans, among other efforts.

"Returning soldiers face serious, often simultaneous challenges, like adjusting to a new routine with their families, looking for new jobs and homes, starting college or training courses, and receiving physical and mental health treatment, among others," Vikki Spruill, president of the Council on Foundations said in a statement.

The online Veterans Philanthropy Exchange also produced a report outlining the efforts of its partners.

Send an e-mail to Eden Stiffman.