In November 2012, The Bank of America Charitable Foundation announced a partnership with the George W. Bush Institute through a $1 million grant to help fund the Military Service Initiative (MSI), which unites individuals, businesses, nonprofits and universities to find solutions to improve the well-being and economic security of our veterans.
The partnership aligns with the bank’s military hiring priority led by the Military Affairs Advisory Group. The funding for the MSI will support the recently launched Circles of Excellence program, which spotlights and supports organizations that fulfill the needs of veterans of Operation Enduring Freedom and Operation Iraqi Freedom. Led by retired veterans, the teams focus on creating or finding successful programs that make the greatest impact in the military community and establish a national leadership model to support our nation’s heroes. The goal is to improve the quality of life for retired service members and their families through an increased focus on health, wellness, education and economic prosperity.
According to the U.S. Department of Labor, there are currently 833,000 unemployed veterans in the United States.
“We have a moral obligation to support our nation’s veterans,” said the Hon. Mark Langdale, president of the George W. Bush Foundation. “They leave home to do the work of patriots — and they lead lives of quiet dignity when they return. With the commitment of our partner Bank of America, we are sending a clear message: Thank you — and America honors your courage and sacrifice by strengthening a network of services to best support your needs.”
Some of the featured participants are not employees of U.S. Trust. The opinions and conclusions expressed are not necessarily those of U.S. Trust or its personnel.