Navy SEAL Foundation receives $10 million from Ken Griffin

Navy SEAL Foundation receives $10 million from Ken Griffin

The Navy SEAL Foundation in Virginia Beach has announced a $10 million gift from Ken Griffin in support of programming and high-quality care for Navy SEALs and their families.

The largest gift in the organization's twenty-year history will support children's resiliency programming and an expansion of the organization's scholarship program, which provides tuition assistance to SEALs seeking higher education. The gift already has led several other executives to make multiyear pledges of support to the organization.

"For nearly sixty years, the Navy SEALs and their families have made valiant sacrifices to protect our nation and defend our values," said Griffin, founder and CEO of the hedge fund Citadel. "I am proud to continue to support the Navy SEAL Foundation in its mission to care for these heroic men and women and their dedicated loved ones who put their country before all else."

"Mr. Griffin is an extraordinary individual and an indispensable part of our team," said Navy SEAL Foundation CEO Robin King. "This grant allows our organization to keep pace with growing needs and expand educational and support programs for Naval Special Warfare personnel and their families. On behalf of all of those we support, I thank Mr. Griffin for his leadership and incredible impact through the Navy SEAL Foundation."

(Photo credit: Paul Elledge)