Company Exceeds Three-Year, $25 Million Veterans Grants Target By $2.4 Million

In observance of Veterans Day in the United States and Remembrance Day in Australia, Canada and the United Kingdom, Boeing on Monday announced a $10.4 million charitable grants package to support 102 veterans nonprofit organizations worldwide. The package will fund programs through 2020 and beyond. This latest investment builds on Boeing's three-year, $25 million commitment to increase veterans giving. Since 2017, Boeing has donated $27.4 million in support of veterans programs.

"On Veterans Day and every day, Boeing is committed to supporting military members, veterans and their families," said Boeing President and CEO Dennis Muilenburg. "Our support of veterans and military personnel goes beyond Boeing products and services and includes investing in their transition to civilian life and engaging with their families. With today's grant announcement, we'll help bring workforce transition services, as well as recovery and rehabilitation programs, to veteran communities and their families worldwide."

Boeing's investment includes a $500,000 grant to the Military Spouse Corporate Career Network (MSCCN) and its sister nonprofit, Corporate America Supports You (CASY). Funds will support the direct placement of 1,500 military spouses and 2,000 unemployed and underemployed National Guard, reservists and veterans over a three-year period.

"Since 2004, the Military Spouse Corporate Career Network (MSCCN) has provided no-cost, targeted employment assistance, vocational training and one-on-one job placement services for military spouses, caregivers and military family members," said Deb Kloeppel, founder and president, MSCCN. "Boeing was the first and only defense contractor to invest in MSCCN back in 2005, which continues to this very day. Through the support of companies like Boeing, MSCCN is providing this typically underserved, and underemployed community a pathway to portable careers within their chosen career paths."

The Independence Fund will also receive a $250,000 grant from Boeing to support Operation RESILIENCY, a peer mentorship program that provides mental health and well-being services for combat veterans.

"The Independence Fund is so proud to partner with Boeing in working to end the tragedy of veteran suicide and honored that they have chosen to sponsor Operation RESILIENCY," said Sarah Verando, CEO, The Independence Fund. "Our program reunites company-sized tactical combat units to help them find the support they require in the same place they found it while at war – in each other."

(Source: Boeing news release)

FMI: www.boeing.com