Valor Worldwide aims to give a portion of its revenue to veterans in need with its ‘profit for a purpose’ business model

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Data and media company Valor Worldwide, and parent company to internet property OurMilitary.com, announces its new social impact program Valor Invests in Veterans, which invests a portion of its revenue each quarter into programs directly benefiting veterans and military families through its ‘profit for a purpose’ business model.
Since October 2018, Valor Worldwide has partnered with businesses that want to reach the 50 million+ U.S. military community, including active-duty, reserve, retired, veterans and their families. The site is dedicated to providing the military community direct access to significant database of information, resources and media content procured with them in mind.
“The intent in launching Valor Worldwide and OurMilitary.com has always been about trying to make a measurable impact on the military community,” said Jeff Lanctot, Valor Worldwide Co-founder and CEO. “We know our ‘profit with a purpose’ model is key to our early success because employees want to join a company that gives back, and customers want to partner with businesses that think about both community and the bottom line.”
Valor Worldwide has pledged to donate a minimum of $5K each fiscal quarter in 2019 to a designated non-profit organization that provides services that fall into one, or more, of three main areas of focus: wellness, family and career.
Valor Worldwide has partnered with Operation Military Family Cares and the WAServes initiative to assist military and veteran families who have financial, individual and family support needs. This partnership and $5K targeted funds will assist at least five families in the state of Washington with anything from housing and emergency services to counseling, tuition aid, or mental and physical health care.
“We have chosen to partner with Operation Military Family Cares and the WAServes network because they provide an efficient and transparent service to our local veterans that directly aligns with our social impact program goals,” said Maria Alberto, Valor Invests in Veterans Program Director. “This partnership allows us to more directly assist with the emergency needs of our local veterans.”
“We are grateful to partner with Valor Worldwide and OurMilitary.com and to be the first recipient of their Valor invests in Veterans initiative,” said Mike Schindler, CEO of Operation Military Family Cares. “We look forward to utilizing this money to help as many Washington area military and veterans families as we can and help position those families on a pathway to success and healing. Donations like these are critical to helping improve the health, morale and financial situation of our military and veterans.”
OurMilitary.com has also set up an annually recurring veteran recognition scholarship program that awards $1K to undergraduate students who are either a child of or are themselves an active service member, veteran or military spouse. Applicants have until May 15th, 2019 to apply for the 2019/2020 school year. Applications for 2020 will be accepted beginning May 16th, 2019.
Requirements include writing a 500 to 1,000-word essay about how their affiliation with the military community has impacted their personal education or learning. The winner will be chosen by a panel of judges including Seattle Seahawks and Super Bowl champion Doug Baldwin, former U.S. Army Green Beret and television and movie personality Nate Boyer, and former member of the U.S. Air Force and current president and COO of Bulletproof Anna Collins. The winner will be notified by May 30th, and their essay will be published on OurMilitary.com the first week in June.
For more information go to: https://www.ourmilitary.com/scholarship/
PR Contact: Angela Gamba, Valor Worldwide, angela@valorworldwide.com
Contact Info:
Name: Angela Gamba
Organization: OurMilitary.com
Address: 3625 Perkins Lane SW Lakewood, WA 98499
Phone: (253) 503-7308
Website: https://www.ourmilitary.com/
Source:
Release ID: 510403