Post-9/11 Vets' Groups Poised to Out-Raise Legacy Organizations, Report Finds

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."

Read the full article and more in Military.com.