press release: vvmf announcement

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Page 1: Press Release: VVMF Announcement

NewDay USA Foundation makes a $1 million commitment to Vietnam Veterans Memorial Fund to help build ‘The Education Center at the Wall’

FULTON, Md., April 14, 2013 (Businesswire) – On April 13, 2013, employees and executives from

NewDay USA, one of the nation’s leading mortgage companies serving veterans, gathered at the

Vietnam Veterans Memorial Wall to help at this year’s first washing of The Wall, a cleaning and

maintenance task that is part of the services provided by the non-profit Vietnam Veterans Memorial Fund

(VVMF).

“Speaking for everyone from the NewDay USA family who participated, I can say that the washing of The

Wall was an emotional experience that truly brought home our organization’s commitment to the men and

women who serve in the armed forces,” said Rear Admiral Tom Lynch, (USN, Ret.), Chairman of the

Board at NewDay USA and Co-Chair of the NewDay USA Foundation. “It was a privilege to do our part

and honor fallen heroes by helping the VVMF with ongoing preservation efforts at The Wall.”

Admiral Lynch, (USN, Ret.) was joined by Lieutenant General Benjamin Freakley, (USA, Ret.), Colonel

John Fenzel (USA, Ret.), CEO of the NewDay USA Foundation and over 90 other members of the

NewDay USA workforce and Board of Directors for the event.

"In the winter months, The Wall can lose some of its shine and clarity. With the first Wall washing of the

season, we remove the dirt and grime to better reveal not only the names on The Wall, but also our own

reflection. It is a deeply personal event and we are delighted to share it with NewDay USA," said Jan C.

Scruggs, VVMF Founder and President.

NewDay USA was the exclusive sponsor of the Wall-washing that took place in the early morning hours

at The Wall to honor and remember friends and loved ones.

After the scrubbing was completed, the group convened on the ceremonial grounds of the Vietnam

Veterans Memorial for the presentation of a $1 million check to the VVMF from the NewDay USA

Foundation, the tax-exempt, principal instrument of philanthropy for NewDay USA. The ceremonial check

was presented by Rob Posner, Co-Chairman of the NewDay USA Foundation to Jan C. Scruggs, VVMF

Founder and President.

The Education Center at The Wall will be a place where military heroes' stories and sacrifice will never be

forgotten. With plans to begin construction in 2014, the Center is a technologically-innovative learning

facility to be built on the grounds of the Vietnam Veterans and Lincoln Memorials. The Education Center

will feature the faces and stories of the more than 58,000 men and women on The Wall, honoring those

who fell in Vietnam, those who fought and returned, as well as the friends and families of all who served.

Page 2: Press Release: VVMF Announcement

The Education Center will also celebrate the legacy of service that links the heroes of America’s past to

those still serving today.

“The NewDay USA family and its Foundation is extremely proud to make this commitment and include the

VVMF as a philanthropic partner. We wanted to participate in a meaningful way, and our support for the

Education Center helps to ensure that the faces and stories of fallen heroes are never forgotten,” said

Rob Posner, Co-Chairman of the NewDay USA Foundation.

The NewDay USA Foundation’s primary philanthropic mission is to provide grants and charitable

contributions to nonprofit organizations that support veterans, active-duty service members and military

families. The Foundation’s philanthropic partners include Hope for Our Heroes, the National Coalition for

Homeless Veterans, Renovating Hope, and Purple Heart Homes, among others.

NewDay USA encourages others to join in supporting organizations that honor and support the nation’s

active-duty service members, veterans and military families. Learn more about the Education Center at

The Wall by visiting www.vvmf.org or by calling 866-990-WALL.

###

NewDay USA

NewDay USA is a nationwide VA and FHA mortgage lender. Based in Fulton, MD, the company focuses on helping active duty military personnel, veterans and their families to achieve their financial and housing goals. NewDay USA is the exclusive provider of mortgage lending for Veterans of Foreign Wars (VFW) members, and is among the top providers of VA loans in the U.S. NewDay USA is the DBA of NewDay Financial, LLC, which is a key holding of Chrysalis Holdings, LLC, a premiere private investment company focused on the financial services industry. For more information about NewDay USA, visit http://www.newdayusa.com.