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Tuesday, June 30, 2020

Ken Griffin gives $10 million to Navy SEAL foundation - Crain's Chicago Business

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Billionaire Citadel Founder Ken Griffin is giving $10 million to the Navy SEAL Foundation in what is the 20-year-old organization's largest gift, the foundation said in a statement.

The money will expand programming and care for the elite SEAL military personnel and their families, including support for children’s resiliency programs and a scholarship program providing tuition assistance to SEAL members seeking higher education, the foundation said. Griffin previously gave $1.5 million to the foundation in 2017, the year that it gave him its annual Navy SEAL Patriot Award.

“For nearly 60 years, the Navy SEALs and their families have made valiant sacrifices to protect our nation and defend our values,” Griffin said in the statement. “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.”

The Virginia Beach, Va.-based foundation also said in the statement that its annual Patriot Award this year will go to Abbott Laboratories Executive Chairman Miles White at its annual Midwest fundraising event in September.

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Ken Griffin gives $10 million to Navy SEAL foundation - Crain's Chicago Business
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