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Who the Military Heroes Fund Helps

Many services members and veterans, well as their families and caregivers, receive assistance through the Military Heroes Fund every day. 

How You Can Help

Military families pay for day care on a sliding scale based on rank. Families of the wounded face many financial stresses and often cannot afford even these reduced day-care costs. More than 50% of the wounded are in the Guard and Reserves; many suffered pay cuts when deployed, further stressing family budgets.

A donation made to the PenFed Foundation allows us to assist veterans and their families enduring many different financial hardships and provide them with skills and resources for a strong and secure financial future. 

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Military Heroes Fund

Years of war have rendered Operation Iraqi Freedom (OIF) and Operation Enduring Freedom (OEF) service members with severe physical, mental, and emotional scars that will likely impact them throughout their lives. The financial implications and consequences of these scars are well documented and can affect all aspects of their lives and the lives of their family members, impacting their housing and employment opportunities, as well as their overall financial well-being.

The Military Heroes Fund provides wounded veterans, military families, and caregivers with financial assistance and support that the Veterans Administration cannot offer due to budgetary and regulatory restrictions. These unmet needs are identified by VA advocates, National Guard case workers, the Army Wounded Warrior Program, and non-profit referral partners like Wounded Warrior Project (WWP) and Disabled American Veterans (DAV).

The Military Heroes Fund (MHF) has two components:

  • Emergency Financial Assistance for OIF/OEF wounded warriors and their families facing short term financial difficulties. 
  • Family and Caregiver Transition Support
    • Child care support provided for families of the wounded OIF/OEF veterans while receiving outpatient care at a VA medical facility, or to facilitate family visits, doctor visits, job-related needs.
    • Short-term training or education expenses for job certification, licensure requirements, and/or course materials such as course books, technology fees, etc.
    • In-home health care for injured veterans to support caregiver respite needs.

 

Grant Qualifications

Do you qualify for an Emergency Assistance Grant?

We are proud to support our wounded warriors, their families and caregivers with short term financial assistance. We give grants to those who:

  • Served in Operation Iraqi Freedom (OIF) or Operation Enduring Freedom (OEF)
  • Have been wounded, ill, or injured during your OIF/OEF service
  • Have received an honorable discharge
  • Are facing a short-term financial emergency 
  • Can provide a DD214 and VA Disability Rating Certification, or documentation that one is in progress
  • Can help us confirm your status by being referred by your Army Wounded Warrior advocate (AW2), Recovery Care Coordinator (RCC), VA doctor or social worker, or another nonprofit advocacy organization

We continuously examine potential grantees who meet all the above criteria. If you qualify, please fill out and return the application form along with copies of your DD214, VA Disability Statement and the bill from the institution or creditor which you need assistance with. Grants are paid directly to the creditor.

Learn More

 

Do you qualify for a Family and Caregiver Transition Support?

We are proud to support our military families and caregivers with financial assistance. We give grants to those who:

  • Are a family member and/or caregiver of an Operation Iraqi Freedom (OIF) or Operation Enduring Freedom (OEF) veteran
  • Can provide a DD214 and VA Disability Rating Certification for the veteran, or documentation that on is in progress
  • Send copy of invoice or estimate for requested services from a licensed/certified individual, institution, or facility on official letterhead
  • Can help us confirm your status by being referred by your Army Wounded Warrior advocate (AW2), Recovery Care Coordinator (RCC), VA doctor or social worker, or another nonprofit advocacy organization

We continuously examine potential grantees who meet all the above criteria. If you qualify, fill out and return the application form along with copies of your veteran's DD214, VA Disability Statement, and the bill or estimate from the service provider which you need assistance with. Grants are paid directly to the service provider.

Learn More