Posted at: 04/24/2014 8:45 AM
Veterans are getting a helping hand from the HEROES Fund, and you can throw your support behind that fund Thursday night.
The HEROES Fund Committee is hoping to raise $25,000 through the sale of military style 'dog tags' and donations, to establish an endowment to support veterans education through scholarships to UMD.
Rick Smith, HEROES Fund committee member, stopped by the show to share this great project with us.
Rick says that going back to school is difficult for veterans and their families because it takes a lot of money. He continues, saying, "...even though they get funding, sometimes through the GI Bill, not all of the students do." So, they want to create this endowment to provide veterans with financial support to follow their college dreams.
"Once the endowment is established at $25,000, it will produce about $1,100 per year in interest," which can be used to fund students without depleting the fund. Last year they gave $250, this year they are giving out a $500 scholarship, and they hope they'll reach their goal with your help, in order to increase that amount.
One way they are hoping to reach that goal of $25,000 is by selling mock dog tags. The tags sell for $5, and $4.24 of that goes directly into the fund. You can also donate directly to the fund, head to d.umn.edu/hero, or you can make out a check to 'The University of Minnesota Foundation', and put 'Fund #9019 – UMD Heroes Fund' in the memo line and mail it directly to:
CEHSP Development (c/o Kori Kromm)
116 Bohannon Hall
1207 Ordean Court
Duluth, MN 55812
So be sure to buy the HEROES Fund's mock dog tags at the event today, which starts at 4:30 p.m. at Clyde Iron Works on Thursday, April 24th.