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Army Emergency Relief

Army Emergency Relief (AER), often referred to by the longer title Army Emergency Relief Fund, is a non-profit, charitable organization independent of, but closely associated with the United States Army, founded in 1942. The organization is headquartered in Arlington, VA.[1]

Seal of the Army Emergency Relief

Mission edit

The mission of the AER is to help US Army soldiers and their dependents, by providing emergency aid, in the form of either a direct grant (a cash gift, not to be repaid) or an interest-free loan, and by giving college scholarships to children of soldiers. Under Army regulations, officers must recommend whether their soldiers deserve aid.

Loans up to $1000 do not require command recommendation, and there is no limit to the amount of funds Army Emergency Relief may authorize. Officers are responsible for ensuring that their soldiers repay AER loans.[2]

Assets, aid, and expenses edit

In February 2009, the Associated Press reported that the AER had, between 2003 and 2007, distributed a total of $64 million in aid, an average of $13 million per year, while adding $117 million to its reserves, and reaching total assets of $345 million. AER ended 2007 with a $296 million in its investment portfolio of stocks and bonds. During that five-year period of 2003-2007, AER's emergency assistance consisted of 91 percent repayable loans and 9 percent direct grants. In 2008, AER gave out $5.5 million in emergency grants, $65 million in loans, and $12 million in scholarships,[2] to a total of 72,000 people. For 2009, AER plans to reduce its total scholarships to $8 million.[3]

As of early 2009, AER was paying for a staff of 21 people, all at its headquarters at the Army Human Resources Command in Alexandria, Virginia, with the Army paying 300 or so other civilians, located at ninety Army sites worldwide, who worked full-time for the AER. The Army also provides AER its office space at no charge.[2]

Armed Forces Relief Trust edit

In 2003, a new nonprofit organization, the Armed Forces Relief Trust, was formed with assistance from the National Association of Broadcasters. The mission of the trust is to assist the four military aid societies - AER, the Air Force Aid Society, the Navy-Marine Corps Relief Society, and the Coast Guard Mutual Assistance, by providing a single place to receive donations for the entire U.S. Armed Services.[4]

References edit

  1. ^ "Army Emergency Relief will help Men and Families". St. Petersburg Times. October 18, 1943.
  2. ^ a b c Jeff Donn (February 22, 2009). "Army charity hoards millions". Associated Press.
  3. ^ Bryan Mitchell (February 25, 2009). "Army Charity Defends Relief Efforts". Military.com..
  4. ^ "Civilians slow to rally to military relief fund". Washington Times. November 24, 2003.

External links edit

    army, emergency, relief, often, referred, longer, title, fund, profit, charitable, organization, independent, closely, associated, with, united, states, army, founded, 1942, organization, headquartered, arlington, seal, contents, mission, assets, expenses, arm. Army Emergency Relief AER often referred to by the longer title Army Emergency Relief Fund is a non profit charitable organization independent of but closely associated with the United States Army founded in 1942 The organization is headquartered in Arlington VA 1 Seal of the Army Emergency Relief Contents 1 Mission 2 Assets aid and expenses 3 Armed Forces Relief Trust 4 References 5 External linksMission editThe mission of the AER is to help US Army soldiers and their dependents by providing emergency aid in the form of either a direct grant a cash gift not to be repaid or an interest free loan and by giving college scholarships to children of soldiers Under Army regulations officers must recommend whether their soldiers deserve aid Loans up to 1000 do not require command recommendation and there is no limit to the amount of funds Army Emergency Relief may authorize Officers are responsible for ensuring that their soldiers repay AER loans 2 Assets aid and expenses editIn February 2009 the Associated Press reported that the AER had between 2003 and 2007 distributed a total of 64 million in aid an average of 13 million per year while adding 117 million to its reserves and reaching total assets of 345 million AER ended 2007 with a 296 million in its investment portfolio of stocks and bonds During that five year period of 2003 2007 AER s emergency assistance consisted of 91 percent repayable loans and 9 percent direct grants In 2008 AER gave out 5 5 million in emergency grants 65 million in loans and 12 million in scholarships 2 to a total of 72 000 people For 2009 AER plans to reduce its total scholarships to 8 million 3 As of early 2009 AER was paying for a staff of 21 people all at its headquarters at the Army Human Resources Command in Alexandria Virginia with the Army paying 300 or so other civilians located at ninety Army sites worldwide who worked full time for the AER The Army also provides AER its office space at no charge 2 Armed Forces Relief Trust editIn 2003 a new nonprofit organization the Armed Forces Relief Trust was formed with assistance from the National Association of Broadcasters The mission of the trust is to assist the four military aid societies AER the Air Force Aid Society the Navy Marine Corps Relief Society and the Coast Guard Mutual Assistance by providing a single place to receive donations for the entire U S Armed Services 4 References edit Army Emergency Relief will help Men and Families St Petersburg Times October 18 1943 a b c Jeff Donn February 22 2009 Army charity hoards millions Associated Press Bryan Mitchell February 25 2009 Army Charity Defends Relief Efforts Military com Civilians slow to rally to military relief fund Washington Times November 24 2003 External links editOfficial AER site Retrieved from https en wikipedia org w index php title Army Emergency Relief amp oldid 1153968782, wikipedia, wiki, book, books, library,

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