Many services members and veterans, well as their families and caregivers, receive assistance through the Military Heroes Fund every day.
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.
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:
We are proud to support our wounded warriors, their families and caregivers with short term financial assistance. We give grants to those who:
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.
We are proud to support our military families and caregivers with financial assistance. We give grants to those who:
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.