The FINANCIAL — Veterans on Wall Street (VOWS), a consortium of major financial institutions including Citi, Deutsche Bank and Goldman Sachs, presentwd a $1 million check to The Bob Woodruff Foundation (BWF), the nationally-recognized nonprofit dedicated to ensuring that post-9/11 injured service members, veterans and their families are thriving long after they return home.
The FINANCIAL — Veterans on Wall Street (VOWS), a consortium of major financial institutions including Citi, Deutsche Bank and Goldman Sachs, presentwd a $1 million check to The Bob Woodruff Foundation (BWF), the nationally-recognized nonprofit dedicated to ensuring that post-9/11 injured service members, veterans and their families are thriving long after they return home. BWF Founders, Bob and Lee Woodruff, along with Executive Director Anne Marie Dougherty accepted the funds, which were raised by the VOWS partners and corporate supporters in connection with last fall’s star-studded “Stand up for Heroes” event in New York City, according to Deutsche Bank AG.
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The three banks are founding members of VOWS, a joint initiative dedicated to honoring former military personnel and employees by facilitating career and business opportunities in the financial services industry. The funds raised will enable BWF to assist injured service members and their families. To date, BWF has invested approximately $20 million in finding, funding, and shaping nearly 100 organizations, reaching more than a million service members, support personnel, veterans, their families and caregivers.
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“Our men and women in uniform deserve to return home to a nation that demonstrates its gratitude for their service and sacrifices,” said Suni Harford, Citi’s Regional Head of Markets for North America. “Through collaborative efforts like VOWS and through Citi’s own efforts as part of the Citi Salutes initiative, it is an honor to support organizations like the Bob Woodruff Foundation that are dedicated to helping our returning service members and their families begin the next stage of their lives,” Harfod added.
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“We are proud to be a founding member of Veterans on Wall Street and believe that our industry can continue to make a profound difference in creating employment opportunities for our veterans,” said Jacques Brand, CEO of Deutsche Bank Americas. “We remain intensely committed to supporting the needs of our returning service members, and in addition to supporting important partners like the Bob Woodruff Foundation, we will dedicate our annual PGA golf tournament, the Deutsche Bank Championship, to raising awareness, fundraising and helping our veterans thrive,” Brand added.
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“We believe veterans possess many of the skills and character attributes we value at Goldman Sachs, which is why it is a key focus of our recruitment and philanthropic efforts. We are proud to partner with our industry peers and other corporate partners to raise awareness of these important issues and help our returning servicemen transition from the military to the civilian life,” said Jeff Schroeder, Goldman Sachs’ Chief Administrative Officer and senior sponsor of the firm’s Veterans Network.
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Since being founded in 2010, VOWS has raised more than $3.2 million to support a range of veterans service organizations, according to Deutsche Bank AG.
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