Organizations founded to serve veterans following the Sept. 11, 2001, terrorist attacks are raising money more quickly than their pre-9/11 counterparts, save at higher rates, and may be poised for greater growth in the near future, a new study from the Center for a New American Security has found.
The fundraising for those organizations and implications for pre-9/11 "legacy" veterans groups, such as the American Legion and the Veterans of Foreign Wars, and the new crop of post-9/11 organizations were the focus of a CNAS report published last week and titled "Changing Tides in the Sea of Goodwill: A Financial Analysis of Veteran-Serving Nonprofits."
The 21-page report described a different type of veteran emerging from the post-9/11 wars that will force veterans organizations to adapt, setting up competition among the groups for funding.
"As the United States enters its 18th year of war since 9/11, the shape of the country's veteran community is rapidly transforming," the report says. "The total number of American veterans is shrinking as the large conscription-driven cohorts of World War II, Korea, Vietnam, and the Cold War fade away."
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