Encinitas, CA – Today as part of a historic commitment by USAA’s Military Family Relief Initiative, Blue Star Families will receive $500,000 to assist military and families during these challenging economic times. The donation will allow the organization to conduct outreach to service members, veterans, and their families impacted by the COVID-19 pandemic.
We are thrilled with this historic gift from USAA and thrilled for our partnership to further support military families through the COVID crisis.
The COVID-19 pandemic has had a significant and negative financial impact on military members and their families. According to recent Blue Star Families research, 25 percent of active-duty military families have been separated from their servicemember due to deployment or pandemic-supporting activations. Also, 30 percent of military spouses are expected to experience unemployment, nearly four times the level of their civilian peers.
“For nearly a century, USAA’s mission has been to help our members be financially secure and to support them no matter what they face,” USAA President and CEO Wayne Peacock said. “Providing this contribution to organizations such as Blue Star Families that share our mission to care for military families does double duty. It helps meet the needs of today’s military families and veterans. And it gives these organizations momentum to keep serving as a lifeline for the military community.”
For more information about Blue Star Families’ work supporting veterans and military families, visit www.bluestarfam.org.
For more information about USAA COVID-19 relief efforts, including more than $30 million in donations to organizations serving military and veteran families, visit usaa.com/coronavirus.
Blue Star Families
Blue Star Families builds communities that support military families by connecting research and data to programs and solutions, including career development tools, local community events for families, and caregiver support. Since its inception in 2009, Blue Star Families has engaged tens of thousands of volunteers and serves more than 1.5 million military family members nationwide. With Blue Star Families, military families can find answers to their challenges anywhere they are. For more information, visit bluestarfam.org or follow us on Facebook (@BlueStarFamilies) or Twitter (@BlueStarFamily).
Founded in 1922 by a group of military officers, USAA is among the leading providers of insurance, banking and investment and retirement solutions to more than 13 million members of the U.S. military, veterans who have honorably served and their families. Headquartered in San Antonio, Tex., USAA has offices in seven U.S. cities and three overseas locations and employs more than 35,000 people worldwide. Each year, the company contributes to national and local nonprofits in support of military families and communities where employees live and work. For more information about USAA, follow us on Facebook or Twitter (@USAA), or visit usaa.com.