The first Veteran’s Day was actually called Armistice Day as proclaimed by President Woodrow Wilson in 1919. In 1954 Congress officially changed the name from Armistice Day (it is still called Armistice day in other English speaking locations) to Veterans Day and the rest is history. This means it is time to thank a veteran, perhaps by a donation to DAV.org (Disabled American Veterans).
|Image borrowed from http://www.dav.org/|
The big player in the disabled veteran charity space is the Wounded Warrior Project, a post 9/11 organization that started with the delivery of a few backpacks in 2003 and is now a $150 million dollar per year charity. WWP is the Nike of veteran’s charities, but according to charitynavigator.org it gets a 3 out of 4 star rating because it only delivers 57.9% of its money to the charitable programs. This means that for every dollar you give WWP, they only delivery 58 cents, mostly because they spend $35 million a year in fundraising and pay their CEO a lucrative $330k per year. DAV on the other hand delivers 94 cents on the dollar to the veteran programs it has run since 1920, but cannot match the 50% year over year growth that WWP has seen in the past few years (from their aggressive fundraising). Either program is probably a good place for your Veterans Day donation, but my money is going to DAV. I’d like to think that most of my money is going directly to the dude who needs it.
If you are a veteran, we thank you for your service.