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AUCTION.COM AND FIVE STAR INSTITUTE
PLEDGE SUPPORT TO OPERATION HOMEFRONT
AND VETERAN HOME DONATION PROGRAM
e Five Star Institute President and
CEO Ed Delgado announced at the Five
Star Government Forum in Washington,
D.C., that the Institute would be partnering
with the nation's leading online real estate
marketplace, Irvine, California-based
Auction.com, and national nonprofit
Operation Homefront in support of a home
donation program that provides mortgage-
free homes to veterans.
e home donation program will be
featured at the 2015 Five Star Conference and
Expo, which will take place September 16 to 18
in Dallas, Texas. Five Star has partnered with
various nonprofit organizations over the last
four years to provide approximately $4 million
worth of homes to service members. At last
year's conference, Five Star presented six
wounded veterans with mortgage-free homes.
"e Five Star Institute remains committed
to promoting the presentation of mortgage-
free homes to veterans through our continuous
support of donation programs such as this
one," Delgado said. "is home presentation
to veterans program is part of our ongoing
mission to raise awareness of the needs of our
veterans to obtain housing. We are humbled
by the immense level of dedication shown by
Auction.com and Operation Homefront in
helping us fulfill this mission."
Auction.com Executive Vice President
Rick Sharga was on hand at the Five Star
Government Forum on Wednesday to present
a donation check for $50,000 in support of the
new home donation program.
"We are excited about the opportunity
to sponsor this home donation program
for the members of our military along with
the Five Star Institute in conjunction with
Operation Homefront," Auction.com CEO
and co-founder Jeff Frieden said. "ere is
no one more deserving than our military
heroes and their families, and we look forward
to working with Five Star and Operation
Homefront to help veterans and their families
achieve the dream of homeownership."
Operation Homefront, which is
headquartered in San Antonio, Texas, has helped
thousands of service members and their families
with emergency and other financial assistance
since it was founded in 2002. Currently,
more than 2,50o volunteers nationwide assist
Operation Homefront with this effort. e
organization's chief operating officer and interim
CEO, Tim Farrell, is a retired Air Force officer
with more than 23 years of service.
"We would like to express our deepest
gratitude to Auction.com for their generosity
toward fulfilling the valuable mission of
providing mortgage-free homes for veterans,"
Farrell said in response to receiving the
donation from Auction.com. "We are excited
to be working with the Five Star Institute, an
organization that has long been committed to
preserving the dream of homeownership for
our nation's heroes."
EXPOSURE
A SPECIAL LOOK AT THE 2015 FIVE STAR GOVERNMENT FORUM