Nonprofit Management

loanDepot continues week of giving celebration with $50,000 donation to War Heroes on Water

Donation
loanDepot's commitment to the veteran community is strong, and in the spirit of the season the nation's second largest nonbank retail lender will donate $50,000 to support War Heroes on Water (WHOW). Embarking on its fifth year, WHOW, created by loanDepot Founder and CEO Anthony Hsieh, plans to host 125 veterans at its annual tournament and support hundreds more throughout the year via therapeutic services provided by its charitable partner, Freedom Alliance.

"We created the WHOW tournament to help our nation's heroes, our combat-wounded veterans, heal from the physical and emotional wounds of the battlefield," said Hsieh. "This event, as well as the year-round services our fundraising supports, enables these brave men and women to forge meaningful connections with one another and the entire WHOW family, which is absolutely critical as they re-enter civilian life."

Today's donation is in addition to a recent $25,000 donation made on Veterans Day in remembrance of Josh Miles. The beloved WHOW family member and director of military and charitable programs for the tournament's partner, Freedom Alliance, tragically passed away this fall. In his honor, the tournament also established the "Josh Miles Award," a perpetual award designed to keep the spirit of the beloved colleague and fellow brother in arms alive.

Over the course of 2021, the War Heroes on Water tournament raised a record-setting $1.4M, which directly supports the tournament but also helps provide year-round services through Freedom Alliance. Freedom Alliance is dedicated to the rehabilitation of wounded service members, combat veterans and military families. Each year Freedom Alliance provides therapeutic services for thousands of veterans, as well as scholarships for the children of fallen or combat-wounded servicemen and women.

Our partnership with WHOW is unique and invaluable. Together, we are bringing much-needed support to an underserved community and equally important, expanding our outreach so that we can ensure those in urgent need have awareness of, and accessibility to, essential therapeutic services."

Tom Kilgannon, President of Freedom Alliance

The $50,000 donation to WHOW is one of five planned this week by loanDepot to support those who are most vulnerable during the holiday season in the communities where its employees live and work, and beyond. loanDepot will also donate to Boys and Girls Clubs of Central Orange Coast, Second Harvest Food Bank of Orange County, United Cerebral Palsy of Orange County, and Free Wheelchair Mission for a total combined donation of $250,000.

About War Heroes on Water
War Heroes on Water (WHOW) is an annual sportfishing tournament of unprecedented scale that supports combat-wounded veterans' programs. It was created in 2018 by loanDepot Founder and CEO Anthony Hsieh, who is also the owner and leader of Team Bad Company, a world-class, record-holding competitive sportfishing fleet. Through Hsieh's deep connections with the Southern California sportfishing and business communities, WHOW has grown exponentially over four years and is now the largest nonprofit sportfishing tournament in the US.

About Freedom Alliance
Freedom Alliance is a charitable organization which provides help and support to wounded troops and military families. Freedom Alliance has awarded more than $20 million in college scholarships to the children of military heroes killed or disabled in military service and has spent millions more helping injured veterans and military families with outdoor recreational therapy trips, Heroes Vacations, care packages for deployed troops, mortgage-free homes, all-terrain wheelchairs and much more.

About loanDepot
loanDepot is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster and less stressful to purchase or refinance a home. Today, as the nation's second largest retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional and national philanthropic efforts.

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American Camp Association Receives $45.5 Million Grant from Lilly Endowment Inc. to Strengthen Character Development Programs for Young People

PR Newswire | February 02, 2024

The American Camp Association® (ACA) is honored to announce that Lilly Endowment Inc. has awarded ACA a $45,535,623 grant to support the creation of a new, multiyear initiative to grow, improve, and celebrate character development at camps across the United States. Character at Camp is an innovative initiative anchored in the belief that summer and year-round camp programs provide an unparalleled opportunity to promote the character development of young people. While camps vary greatly in their mission, size, activities, programming, and location, many are run with an intrinsic focus on youth development and character-building skills and traits. ACA's recent National Camp Impact Study demonstrated that camp experiences support social connectedness among youth and the development of skills and traits such as perseverance, responsibility, and the willingness to try new things. This study also found that these skills and traits last over time. Individuals who attended camp as children demonstrate these skills and traits throughout academic environments and well into their early careers. For more than a century, character development has been foundational to the camp experience, as each camp distinctively offers a variety of opportunities to develop important character skills and traits. Camps provide young people with experiences in less-distracting settings, often surrounded by nature, that can help support character development through social interactions with peers and counselors, time for reflection and other activities. For example, campers learn responsibility as they help set tables in the dining hall, engage in leadership when guiding groups during hikes, and practice empathy when they support fellow campers who are missing home. In today's world, the benefits of building character skills and traits such as gratitude, kindness, creativity, curiosity, perseverance, resiliency, empathy, courage, and teamwork could not be more important. The Character at Camp initiative will be conducted during the next six years. ACA will make available in-person and virtual training opportunities, educational tools, and other resources to camps to strengthen, expand, or establish character development programs at the more than 15,000 year-round and summer camps across the US. As a direct result of this new initiative, ACA will invite camp leaders to participate in educational and peer-learning opportunities, networking, training, other experiences to learn how to help develop character skills and traits at camp. ACA will work with camp professionals, youth-development experts, and others to create new educational resources, training, and assessment tools to provide camps with opportunities to engage in this important initiative. Starting in 2025, all eligible nonprofit camps will have the opportunity to apply for competitive one-, two-, or three-year grants to support their character development programs. Eligible organizations will be able to apply for funding in amounts ranging from $50,000 to up to $300,000 based on the length of the grant period. Funds may be used for staffing, training, curricula, assessment, communications, and/or outreach and partnership efforts to support camps' specific goals related to character development. The initiative will support a broad range of camps serving young people from varied backgrounds and experiences, including under-resourced and underrepresented youth, as well as provide funding for developing character-based programming that is culturally relevant and values the diverse perspectives of youth and families. "We are deeply grateful for Lilly Endowment's support of ACA and our shared commitment to support camps across the country with the funding, tools, resources, and education to expand and prioritize character development programs," said Tom Rosenberg, ACA president/CEO. "This Character at Camp initiative recognizes the diverse needs of children and youth. We know camp experiences build a world of belonging and growth, and we're excited to engage camps as they work to strengthen their character development programs." "Lilly Endowment's founders firmly believed that developing the character of young people was vital to the future of communities and our country, and they supported many efforts to understand how character is formed," said N. Clay Robbins, Lilly Endowment's chairman and CEO. "For decades, well run camps have had a positive impact on the character development of thousands of campers. We believe, with the commitment, leadership, and expertise of ACA, its Character at Camp initiative can meaningfully enhance and expand character development from a variety of perspectives and in a diverse array of young people throughout the nation."

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