Boeing has announced a $14.2 million charitable grants package that will support 97 veterans organizations worldwide by funding veterans workforce transition services, recovery and rehabilitation programs, the company reported on Wednesday.
"During this challenging time, Boeing is proud to partner with leading veterans organizations to provide our global veteran communities and their families with essential workforce transition support, and recovery and rehabilitation programs that address mental health," said Boeing president and CEO Dave Calhoun.
The package includes a previously announced $1 million investment in The Mission Continues and a new $500 thousand investment in U.S.VETS. Organizations receiving funding will direct Boeing dollars to programs that increase the number of underserved and minority veterans receiving support.
Boeing also announced a $4.5 million partnership with the Institute for Veterans & Military Families (IVMF) to establish Future Force, a workforce training, recruitment and placement program for veterans.
The program will provide certification and training courses focused on the aerospace and defense industry, as well as networking and employment opportunities for qualified transitioning service members, veterans and military spouses. Since 2017, Boeing has donated $41.6 million in support of veterans programs globally.
"Boeing has a strong and storied history of supporting veterans during and after their time of service," said Boeing's director of Veterans Outreach Jason Pak. "Through our new, industry-leading workforce training program, we will help thousands of veterans and military spouses transition into better jobs, which in turn creates better opportunities for them, their families, Boeing and the entire aerospace industry."
