The Special Operations Warrior Foundation has received a $1 million contribution from Goldman Sachs Gives, to support the families of fallen and wounded special operations personnel. The foundation is supported by many organizations such as Tampa Bay Birdies for the Brave.
The gift will provide funding for the Tampa based non-profit foundation’s two programs – college educations for the children of fallen Army, Navy, Air Force and Marine Corps special operations personnel; and immediate financial grants to the families of severely wounded special operations personnel.
Its largest single donation since 2001 received by the foundation and part of a $20 million Goldman Sachs Gives initiative to provide “a comprehensive set of services and family assistance to veterans.”
The Special Operations Warrior Foundation was founded in 1980 after eight warriors were killed during a mission to rescue Americans held hostage in Iran.
There are 800 children in the foundation’s program currently and 160 students are attending colleges and universities across the country on SOWF scholarships, which provide tuition, books, fees, room and board, computer and printer.
The Special Operations Warrior Foundation has been awarded a four-star rating for its fifth consecutive year by Charity Navigator for its financial efficiency. In 2009, the foundation’s administrative overhead was less than 8 percent.
Filed under: Military families, Non-Profit Organizations | Tagged: Army, Charity Navigator, Goldman Sachs, Iran, Non-profit organization, postaday2011, Special Operations Warrior Foundation, Tampa Bay Birdies for the Brave, United States, United States Marine Corps | Leave a comment »