Wounded Warrior Project Long Term Support Tr

“AS A SUPPORTED ORGANIZATION DESCRIBED IN IRC SEC. 509(a)(1) AND IRC SEC. 170(b)(1)(A)(vi)), WOUNDED WARRIOR PROJECT, INC. (THE PARENT ORGANIZATION OF THE WOUNDED WARRIOR PROJECT LONG TERM SUPPORT TRUST SUPPORTING ORGANIZATION), HAS APPOINTED POWERS, AS DESCRIBED IN THE TRUST DOCUMENT AT PARAGRAPH 5.2, INCLUDING THE POWERS TO REMOVE AND APPOINT THE CORPORATE TRUSTEE.”

“AS A SUPPORTED ORGANIZATION DESCRIBED IN IRC SEC. 509(a)(1) AND IRC SEC. 170(b)(1)(A)(vi)), WOUNDED WARRIOR PROJECT, INC. (THE PARENT ORGANIZATION OF THE WOUNDED WARRIOR PROJECT LONG TERM SUPPORT TRUST SUPPORTING ORGANIZATION), HAS APPOINTED POWERS, AS DESCRIBED IN THE TRUST DOCUMENT AT PARAGRAPH 5.2, INCLUDING THE POWERS TO REMOVE AND APPOINT THE CORPORATE TRUSTEE.”

“The form 990 is prepared by a nationally recognized accounting firm in conjunction with management of the supported organization, wounded warrior project, inc. All information reported on the form 990 was provided by management and reviewed by the accounting firm. The form 990 is provided to the institutional trustee, the goldman sachs trust company of delaware, who reviews and approves the return for filing following trustee approval. The form 990 is paper filed with the internal revenue service.”

“Conflict of interest policy monitoring and enforcement - annually, the trustee shall sign a statement that affirms it has received a copy of the trust's conflict of interest policy, has read and understands the trust's policy, has agreed to comply with the trust's policy, and understands that in order to maintain its federal tax exemption, it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. Noncompliance with the policy is dealt with expeditiously.”

“The trust's form 990 is made available to the public upon request through the goldman sachs trust company of delaware. The form 990 is available on www.guidestar.org.”

“The wounded warrior project long term support trust (the "trust") was established as a supporting organization to help provide the economic means to maintain severely wounded, ill, or injured warriors in settings that are independent as possible, and to assist them with long term care needs in the event of the warrior's separation from his or her caregiver.”

“The purpose of the trust is to provide the economic means to maintain severely wounded, ill, or injured warriors in settings that are independent as possible, and to assist with long term care needs in the event of a warrior's separation from their caregiver. Specifically, the trust provides funds to ensure home care, transportation, residential options and other necessary services remain available to warriors, who upon the loss of their caregiver,”

“Are at first for institutionalization. Wwp is responsible for identifying the warriors who are members of the charitable class of persons served by the trust. The trust will generally make approved distributions directly to service providers to provide for the needs of warriors.”

“Distribution for the benefit of a specific warrior take into account his or her health, financial needs, care requirements, ability to live independently, community-based resources available, and in general, services required to provide for a better quality of life.”

“Further, wwp takes into consideration the availability of government benefits and other forms of public funding and resources that may provide for some or all of the needs of the warrior.”

“All funds held by the trust must be used for purposes defined by the trust and will not be returned to wwp unless the trust is terminated. Wwp does not have any plans to terminate the trust. Wwp granted $4m to the trust in fy2021. Distributions for the fiscal year ending september 30, 2021 totaled $894,753.”

“In fiscal year 2021, wwp introduced independence program continuous care services. The goal of continuous care services is to empower eligible severely injured warriors and their family members to prepare for their future by developing life care, estate, and financial plans. Wwp provides warriors and their family members with free, third-party professional services to support this critical long-term planning. In addition, in the event of the loss or separation of their caregiver, the warrior is afforded a capped amount of financial support to help pay for housing, home care aid or long-term facility support. These professional services and financial support are funded by the trust.”