Cigna Group Foundation's Initiative for Veterans
The Cigna Group Foundation has recently announced a formidable commitment to support veterans' mental health. With a pledge of $9 million slated for a three-year period starting in 2024, this initiative aims to enhance the well-being of those who have served the nation. The current round of funding, amounting to $3 million, will focus on addressing the challenges veterans face regarding mental health and housing stability. Given the critical link between these two areas, the foundation aims to invest in nonprofits that actively work to improve these aspects of veterans' lives.
The Role of Housing Stability in Mental Health
Melissa Skottegaard, the board chair of The Cigna Group Foundation, emphasized the connection between housing stability and mental health outcomes for veterans. Many face trauma that impacts their daily living, making a secure home environment essential for their recovery and overall mental well-being. The funding will prioritize areas with a high number of customers at risk due to social determinants of health, such as low-income neighborhoods in states including Arizona, Connecticut, and Florida, among others.
This funding initiative seeks to increase the availability of permanent housing for veterans, provide financial support for rent or mortgage assistance, and enhance wraparound services that help veterans transition successfully from shelters to permanent homes.
Addressing Veteran Homelessness
Statistics reveal that veterans experience a significantly higher risk of homelessness than the general population, with approximately 40,000 veterans sleeping on the streets or in shelters on any given night. Recent data from the U.S. Department of Housing and Urban Development indicated a troubling 7% increase in homelessness among veterans between 2022 and 2023. The urgency of this situation has prompted The Cigna Group Foundation to accelerate efforts in tackling these societal issues through funding and support.
First-Year Successes
In its first year of grant distribution, the Cigna Group Foundation has awarded funds to 23 nonprofits that are making strides in enhancing mental health services and housing solutions for veterans. For instance, the Opportunity Center for the Homeless, located in Texas, leveraged grant funding to expand its Veterans Rapid Rehousing Program, allowing more veterans to transition from shelters into permanent housing, coupled with essential supportive services like medical care and mental health treatment.
Another recipient, Tennessee Homeless Solutions, utilized the funds to provide financial aid to veterans at risk of foreclosure, ensuring that they receive the assistance needed to maintain their homes. The Veterans Place of Washington Boulevard in Pittsburgh benefited from financial aid that improved mobility options for case managers, allowing them to reach veterans in need directly, thereby offering personalized support and assistance.
Employee Engagement and Support Programs
In addition to funding initiatives, employee volunteerism plays a significant role in The Cigna Group’s commitment to improving veterans' mental health. The company has collaborated with American Corporate Partners to support mentorship programs that connect veterans and transitioning service members with career opportunities. To date, over 30 employees have engaged in mentorship roles, providing guidance and support to veterans and military spouses looking to re-integrate into the civilian workforce.
Long-term Vision
Looking ahead, The Cigna Group Foundation aims to sustain its impact through a comprehensive strategy that emphasizes philanthropy and community engagement. Over the next several years, the foundation plans to distribute more than $27 million in grants to various initiatives focused on improving youth and veteran mental health, while addressing health equity issues across different communities.
Conclusion
In summary, The Cigna Group Foundation's dedication to enhancing mental health and housing stability for veterans stands as a beacon of hope. Its multifaceted approach not only addresses immediate needs but also cultivates long-lasting support systems essential for the well-being of those who have dedicated their lives to serving the country. Through continued partnerships with nonprofits and sustained funding, the foundation is paving the way for a supportive environment where veterans can thrive.
For more information and to learn how organizations can apply for grant funding, visit
thecignagroup.com/community.