The Intrepid Fallen Heroes Fund is Awarded up to $17 Million from the Michael & Susan Dell Foundation
December 17, 2004
New York, NY - The Intrepid Fallen Heroes Fund today announced that it received a grant of up to $17 million from the Michael & Susan Dell Foundation. The grant will be used to support the dependent children of the U.S. and U.K military personnel who have lost their lives in Operation Enduring Freedom in Afghanistan and Operation Iraqi Freedom.
To date, more than 1000 children have suffered the loss of a parent in Operations Enduring Freedom and Iraqi Freedom. The Intrepid Fallen Heroes Fund (IFHF) has been distributing checks for $5,000 to each dependent child of military personnel killed in current military operations in Afghanistan and Iraq.
The new grant from the Michael & Susan Dell Foundation (MSDF) will compensate the IFHF for previous payments and provide the funds necessary to support payments to additional children for the next four years.
"We all mourn the loss of these soldiers who have given the ultimate sacrifice in the line of duty," said Susan Dell, co-founder of the Michael & Susan Dell Foundation. "These children feel the loss of their parents -- their personal heroes -- every day. We hope that our grant to the Intrepid Fallen Heroes Fund can, in some small way, help honor their memories by providing their children with support and hope for the future."
The Michael & Susan Dell Foundation will make its first annual payment of nearly $5 million in December. Additional quarterly payments will be made by the Foundation over the course of four years, making the total estimated value of the grant approximately $17 million. The grant, known as the Children of Fallen Heroes grant, exemplifies the Michael & Susan Dell Foundation’s continued focus on positively impacting the lives of children.
"There is no way to ever replace what these children have lost," said Susan Dell, co-founder of the Michael & Susan Dell Foundation. "However, we can help provide them with the support that they need -- and deserve -- to move forward. We hope that our grant to the Intrepid Fallen Heroes Fund will honor their parents' memories and foster future success in these children."
About the Michael & Susan Dell Foundation
Based in Austin, Texas, the Michael & Susan Dell Foundation was established in 1999 by the Dell family to help underserved children achieve their dreams and reach their full potential. The Foundation funds programs in communities around the world that foster active minds, healthy bodies and a safe environment where children can thrive. With an endowment of more than $1 billion, the Foundation has committed more than $125 million to children’s and community initiatives to date.
The Intrepid Fallen Heroes Fund
The Intrepid Fallen Heroes Fund provides unrestricted grants to the families of military personnel who have given their lives in the current operations in defense of our country. The Fund is entirely supported by donations, with 100% of public contributions used in support of the military families; no administrative costs are deducted. The Intrepid Fallen Heroes Fund is a 501(c)(3) organization. For information on the Intrepid Fallen Heroes Fund, log on to www.fallenheroesfund.org or call 800-340-HERO.
December 17, 2004
New York, NY - The Intrepid Fallen Heroes Fund today announced that it received a grant of up to $17 million from the Michael & Susan Dell Foundation. The grant will be used to support the dependent children of the U.S. and U.K military personnel who have lost their lives in Operation Enduring Freedom in Afghanistan and Operation Iraqi Freedom.
To date, more than 1000 children have suffered the loss of a parent in Operations Enduring Freedom and Iraqi Freedom. The Intrepid Fallen Heroes Fund (IFHF) has been distributing checks for $5,000 to each dependent child of military personnel killed in current military operations in Afghanistan and Iraq.
The new grant from the Michael & Susan Dell Foundation (MSDF) will compensate the IFHF for previous payments and provide the funds necessary to support payments to additional children for the next four years.
"We all mourn the loss of these soldiers who have given the ultimate sacrifice in the line of duty," said Susan Dell, co-founder of the Michael & Susan Dell Foundation. "These children feel the loss of their parents -- their personal heroes -- every day. We hope that our grant to the Intrepid Fallen Heroes Fund can, in some small way, help honor their memories by providing their children with support and hope for the future."
The Michael & Susan Dell Foundation will make its first annual payment of nearly $5 million in December. Additional quarterly payments will be made by the Foundation over the course of four years, making the total estimated value of the grant approximately $17 million. The grant, known as the Children of Fallen Heroes grant, exemplifies the Michael & Susan Dell Foundation’s continued focus on positively impacting the lives of children.
"There is no way to ever replace what these children have lost," said Susan Dell, co-founder of the Michael & Susan Dell Foundation. "However, we can help provide them with the support that they need -- and deserve -- to move forward. We hope that our grant to the Intrepid Fallen Heroes Fund will honor their parents' memories and foster future success in these children."
About the Michael & Susan Dell Foundation
Based in Austin, Texas, the Michael & Susan Dell Foundation was established in 1999 by the Dell family to help underserved children achieve their dreams and reach their full potential. The Foundation funds programs in communities around the world that foster active minds, healthy bodies and a safe environment where children can thrive. With an endowment of more than $1 billion, the Foundation has committed more than $125 million to children’s and community initiatives to date.
The Intrepid Fallen Heroes Fund
The Intrepid Fallen Heroes Fund provides unrestricted grants to the families of military personnel who have given their lives in the current operations in defense of our country. The Fund is entirely supported by donations, with 100% of public contributions used in support of the military families; no administrative costs are deducted. The Intrepid Fallen Heroes Fund is a 501(c)(3) organization. For information on the Intrepid Fallen Heroes Fund, log on to www.fallenheroesfund.org or call 800-340-HERO.