Bud Light announces $3M scholarship pledge to America's fallen or disabled first responders: 'Powerful impact'
Anheuser-Busch and Folds of Honor are accepting scholarship applications through Nov. 26
Kevin O'Leary: 'No playbook' on navigating Bud Light controversy
O'Leary Ventures Chairman Kevin O'Leary discusses the Anheuser-Busch CEO planning a cross-country listening tour amid Bud Light's controversy, a Circle K clerk being fired for confronting a shoplifter and financial literacy in the U.S.
Bud Light is raising its glass to America’s heroes.
The beer brand on Tuesday announced its commitment of $3 million in academic scholarships for the families of fallen or disabled first responders.
This pledge furthers Anheuser-Busch’s ongoing relationship with the nonprofit organization Folds of Honor, its longest-standing partner, according to a press release.
BILL GATES' FOUNDATION TRUST BETS BIG ON BUD LIGHT COMEBACK
The expansion of support will also include the National Football League, which will honor first responders alongside Bud Light with local team activations, in-game scholarship presentations, and other content throughout the 2023-2024 season.
A first responder watches as an American flag is unfurled during a ceremony observing the 9/11 terrorist attacks at the Pentagon on Sept. 11, 2023. Bud Light cans are seen in a store in Montreal, Canada, on June 16, 2023. (Win McNamee/Getty Images;Jakub Porzycki/NurPhoto via Getty Images / Getty Images)
Bud Light and Folds of Honor have officially opened their scholarship application window, from now until Nov. 26, exclusively for families of fallen or disabled first responders.
Throughout their partnership with Folds of Honor, Anheuser-Busch brands and partners have donated $21.7 million to the organization, which has contributed to 51,000 scholarships since the nonprofit's launch, the press release stated.
BUD LIGHT FALLS FURTHER, MODELO EXTENDS LEAD AS BEST-SELLING US BEER
Anheuser-Busch CEO Brendan Whitworth said in a statement that the brand is "incredibly proud to be a founding partner of Folds of Honor, as we continue our 13-year mission to make a powerful impact on the lives of the families of military veterans and first responders."
"Together with the NFL, we stand firm in our commitment to supporting our local communities and serving those who serve," he said.
Bud Light on Tuesday announced its commitment of $3 million in academic scholarships for the families of fallen or disabled first responders. (Drew Angerer/Getty Images / Getty Images)
Bud Light's VP of Marketing Todd Allen also commented how "every second," first responders perform "selfless acts of heroism with unwavering commitment to their community and country."
"That’s why Bud Light is proud to come together with the NFL, and its network of teams and communities nationwide, to support Folds of Honor by recognizing the first responders behind these acts and assisting their families who sacrifice so much," he said in the release.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
BUD | ANHEUSER-BUSCH INBEV | 61.87 | +0.17 | +0.28% |
An NFL spokesperson also shared their pride to be involved in the mission honoring the "dedication and sacrifice of first responders."
GET FOX BUSINESS ON THE GO BY CLICKING HERE
"These heroes are the backbone of our communities, ensuring our safety, health and well-being every day," the spokesperson said.
Bud Light, made by Anheuser-Busch, sits on a store shelf in Miami on July 27, 2023. (Joe Raedle/Getty Images / Getty Images)
"We extend our sincere appreciation to all first responders for their selfless service. We are proud of the commitment from our clubs and excited to collaborate with Bud Light and Folds of Honor to raise awareness on valuable resources available for first responders and their families."
CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTER
Folds of Honor CEO Lt. Col. Dan Rooney also expressed in a statement how the organization looks forward to furthering its partnership with both Anheuser-Busch and the NFL.
"Anheuser-Busch’s generous scholarship commitment and partnership with the NFL allows us to reach new scholars as we look to make a significant impact in the lives of the first responders’ families through critical educational scholarship support," he said.
For more Lifestyle articles, visit foxbusiness.com/lifestyle