COLUMBIA, Mo., Aug. 14, 2017 /PRNewswire/ -- Employees from Veterans United Home Loans will have given $600,000 this week to charitable organizations in 12 cities throughout the country as the Week of Giving campaign nears the halfway point. Veterans United Foundation kicked off the nationwide campaign in May in San Antonio, Texas announcing charitable organizations in more than 25 communities will receive more than $1 million from employees of Veterans United Home Loans. The employee driven foundation has previously held a Week of Giving in the company's headquarters of Columbia, Missouri for the last two years; this is the first year the company is taking the campaign on the road.
"The spirit of giving is central to our culture and core values at Veterans United Home Loans," said Greg Steinhoff, executive director of Veterans United Foundation. "By taking the Week of Giving campaign on the road this year we have been able to assist charitable organizations and enhance lives nationwide. The outpouring of appreciation and excitement from the recipients has been a remarkable experience for our employees."
Employees at each of the company's locations select five charities in their local communities to receive $10,000 each. The employees then surprise the groups during their specific Week of Giving.
Eric Cooper, president and CEO of the San Antonio Food Bank, said their $10,000 donation will enable the food bank to provide 70,000 meals.
"It's a leveraging effect," Cooper said. "Everyone always says should I give a canned good or $1. We need both, but a dollar is what we can leverage. We have so many opportunities to procure food from the field to the dinner table that applying that dollar allows us to do so much more. This gift will generate 70,000 meals. I hope that the employees from Veterans United are proud of that and in partnership we are able to feed 58,000 people a week."
More than 90 percent of employees at Veterans United donate at least one percent of their paychecks to the foundation. Because of employee contributions, the foundation has raised more than $30 million since 2011. Earlier this year, Veterans United was recognized as No. 3 on the 50 Best Workplaces for Giving Back list by Great Place to Work® and Fortune.
Veterans United Foundation has donated nearly $10 million to charities and organizations since the start of 2016. The Week of Giving campaign will conclude in December in Clarksville, Tennessee.
About Veterans United Foundation
Veterans United Foundation is supported entirely by the employees of Veterans United Home Loans. The foundation is committed to enhancing the lives of Veterans and military families nationwide, by supporting nonprofit organizations that strengthen local communities and honor the sacrifices of those who served our country. It also provides individual donations to current and former military members in need. More than $30 million has been raised since its founding in 2011. Learn more at EnhanceLives.com.
About Veterans United Home Loans
Based in Columbia, Mo., the full-service national lender financed more than $10.3 billion in loans in 2016. Its mission is to help Veterans and service members take advantage of the home loan benefits earned by their service. Earlier this year, Veterans United was named No. 27 of the Fortune 100 Best Companies to Work For, according to Great Place to Work® and Fortune Magazine. In 2012, Veterans United was named the No. 29 private job creator by Inc. Magazine and No. 21 best medium place to work by Great Place to Work.
VeteransUnited.com | 1-800-884-5560 | 1400 Veterans United Drive, Columbia, MO 65203 | NMLS ID #1907 (www.nmlsconsumeraccess.org). A VA approved lender; Not endorsed or sponsored by the Dept. of Veterans Affairs or any government agency. Equal Opportunity Lender. Mortgage Research Center, LLC
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SOURCE Veterans United Home Loans