Wednesday, October 1, 2014

Veterans, service members reach out for assistance

From page C17 | March 01, 2013 |

Subscription Required

Thank you for reading the digital edition. In order to continue reading this story please choose one of the following options.

Current Subscribers
If you are a current subscriber and wish to obtain access to, please select the Subscriber Verification option below. If you already have a login, please select "Login" at the lower right corner of this box.

Subscriber Verification

Special Introductory Offer
For a short time we will be offering a discount to those who call us in order to obtain access to and start your print subscription. Our customer support team will be standing by Monday through Friday, 8am to 5pm to assist you.

Call and Save! (530) 344-5000

If you are not a current subscriber and wish not to take advantage of our special introductory offer, please select the $12 monthly option below to obtain access to and start your online subscription


WASHINGTON, D.C — The Pentagon Federal Credit Union Foundation (PenFed Foundation), a nationally recognized nonprofit organization working to meet the unmet needs of military personnel and their families, saw a record year in 2012 for veterans and service members requesting help through its programs including emergency financial assistance, child care services, first-time home-buyer grants, and interest-free loans. Last year, the PenFed Foundation provided close to $2 million in grants and loans to assist 30 percent more current and retired military than in years past.

“With the end of the conflict in Iraq and the war in Afghanistan drawing to a close, we’re seeing a lot of veterans return to lives they had put on hold,” said Kate Kohler, chief operating officer of the PenFed Foundation who is a former Army captain. “They need help with their finances, child care, and even buying a home. It’s a reminder that just because the wars aren’t so much in the headlines anymore, veterans see the impact of war every day.”

Through its Military Heroes Fund, last year the foundation provided over 525 grants totaling over $650,000 in emergency financial assistance and child care to wounded warriors and their families, a 50 percent increase for grants over years passed.

According to 2011 statistics from the Department of Veterans Affairs, more than half of America’s former service members who served in Iraq and Afghanistan need to be treated for medical and mental problems when they returned home, which is an unprecedented number. Kohler added this would likely explain the 50 percent increase she saw last year through the foundation’s Military Heroes Fund, which provides assistance to wounded warriors and their families.

Last year, the foundation also provided nearly 1,200 interest-free loans through its Asset Recovery Kit (ARK) program providing a total of over $500,000 in lending to service members and veterans as a safe alternative to payday lending. The loans saved our troops nearly $1 million in fees and interest from the predatory loan industry. The foundation also partnered with two new credit unions in 2012, expanding its reach to more active-duty military members to meet the increase in demands for the ARK program, which continues to grow at a double-digit rate.

And through its Dream Makers program, the foundation provided a record number of grants in 2012 totaling $823,000 to help service members and veterans who were first-time home buyers with down payments and closing costs purchase their first home. This was more than a 300 percent increase over the year before.

“We are thankful for the increased support we’ve received from our donors and the community-at-large,” said Kohler. “Because of their help, we’ve been able to meet the growing need among those who selflessly defend our nation to ensure our freedom.”





South Tahoe wildfire reduced to 20 acres

By Tahoe Tribune | From Page: A1

Where are the homeless now?

By Wendy Schultz | From Page: A1 | Gallery

King Fire nearly contained, thousands of personnel sent home

By Cole Mayer | From Page: A1 | Gallery

Q and A on Forebay, other projects

By Mary Lynn Carlton | From Page: B1

Belting out a hit: SlideBelts business growing in EDH

By Dawn Hodson | From Page: A3 | Gallery



Vote no on disastrous Measure M

By Mountain Democrat | From Page: A4

California rambling: The Shelties in our lives

By John Poimiroo | From Page: A4

The rural life: Life’s little half-halts

By Jennifer Forsberg Meyer | From Page: A4



The rain maker

By Letters to the Editor | From Page: A5

Dig into issues

By Letters to the Editor | From Page: A5

King Fire weather blessing

By Letters to the Editor | From Page: A5

Efforts against the King Fire

By Letters to the Editor | From Page: A5

Climate change

By Letters to the Editor | From Page: A5

Support Measures M and O

By Letters to the Editor | From Page: A5

Junk DNA?

By Letters to the Editor | From Page: A5



Schedule: Sept 29 – Oct. 4, 2014

By Democrat Staff | From Page: A6

Oak Ridge sticks it to T’Wolves

By Mark Devaughn | From Page: A6 | Gallery

Grizzlies crush San Juan

By Brandon Anicich | From Page: A6

D’backs overwhelm Lincoln

By Scott Warden | From Page: A6 | Gallery

Water polo: Bruins edge Cougars twice

By Jerry Heinzer | From Page: A6 | Gallery

Tennis: Bruin tennis defeated by Roseville

By Jerry Heinzer | From Page: A7 | Gallery

Tennis: Lady Trojans pound former section champs

By Mike Bush | From Page: A7 | Gallery

Ponderosa drops league opener

By Mike Bush | From Page: A7

Roundup: Sept. 26, 2014

By Democrat Staff | From Page: A7



Foothill dining: National Kale Day

By National Kale Day | From Page: B2

Burke Junction train keeps chugging

By Pat Lakey | From Page: B2 | Gallery

Union Mine to host Regional College Fair

By El Dorado Union High School District | From Page: B3

Temple of Terror haunted house to thrill guests

By Hands4Hope Youth Making A Difference | From Page: B3

IT presents an elegant evening of entertainment

By Imagination Theater | From Page: B3

Life as I know it: Two proms and a farewell to Peggy

By Robert F. Boggus | From Page: B4

Ponderosa FFA steps to help

By Special to the Democrat | From Page: B10

STC’s 2014-15 season opens with classic

By Sacramento Theatre Company | From Page: B10Comments are off for this post



Crime Log: Sept. 10-11

By Cole Mayer | From Page: A2

Crime Log: Sept. 12-14

By Cole Mayer | From Page: A2

Crime Log: Sept. 15-17

By Cole Mayer | From Page: A2



Keith Kaufman

By Contributor | From Page: A2


Real Estate