Nonprofit Success Story: Flying Wounded Warriors Home
This veteran pilot provides free, private air transport to soldiers and their families.
Kiplinger's spoke with Walt Fricke (pictured left), 68, founder of Veterans Airlift Command, a Minneapolis, Minn.-based nonprofit organization that provides free air transportation to wounded military servicemembers and their families for medical and other compassionate purposes, about how he got started. Here's an excerpt from our interview:
You’re a veteran?
I arrived in Vietnam on April Fools' Day in 1968 and flew hundreds of missions as an Army helicopter pilot. After being severely injured, I returned on Veterans Day to the U.S., where I spent six months in hospitals and a year recuperating. It took my parents and girlfriend—now my wife, Julie—more than a month after I arrived back in the States to arrange to come see me. I was wasting away emotionally, and I really began to heal when they arrived.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
What inspired you to found VAC?
In 2006, I was running the Homeownership Preservation Foundation for GMAC, but I was thinking about retiring early. I knew that wounded warriors find it challenging to fly commercially. I owned and flew my own airplanes, and I realized that I could create a national organization to fly wounded warriors with dignity and bring their families to their bedsides, too.
How does VAC work?
We have a database of 2,500 volunteer aircraft owners and pilots. One of our staff of five—including my daughter, Jen, who is executive director—is on duty 24-7 to receive trip requests. When we receive one, we quickly vet the passenger. Then we identify up to 100 pilots who are appropriate to the mission and blast e-mails to them. Someone usually responds immediately.
Who are your volunteers?
People who fly understand freedom and appreciate the people who defend it. Although it can cost $5,000 an hour to operate an airplane, our volunteers pay for everything.
How many veterans have you helped?
We’ve flown 13,000 passengers so far, some multiple times. We thought our mission count would go down as military hospitals emptied out, but the number has actually gone up as word has gotten out.
How did you fund the project?
I contributed $200,000 to launch the work and develop our website, which has a sophisticated back-end system through which we receive mission requests, schedule flights and track everything. Plus, I spent another several hundred thousand to pay the bills until we started receiving donations, which pay our salaries.
What does it cost to keep VAC running?
Our annual budget is $4.5 million, of which $3.5 million is donated flight value. We hold an annual event with sponsored tables to raise the rest. It's like a family reunion of pilots and passengers.
VAC now owns a jet?
An anonymous donor gave us an Eclipse personal jet for our exclusive use. The manufacturer, One Aviation, refurbished it, painted it with our logo and operates it for our benefit.
How long will you do this?
I have no plans to retire. In Vietnam, I flew kids into combat. Now, I fly vets home. This is the most fulfilling thing I could imagine doing.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Stock Market Today: Nasdaq Jumps Ahead of Nvidia Earnings
It was a mostly positive start to a new week of pricing in more Donald Trump.
By David Dittman Published
-
Senior LIving and Memory Care Facilities Are Improving
Here are the best senior living communities in 2024, according to a J.D. Power survey.
By Kathryn Pomroy Published
-
Roth IRA Contribution Limits for 2024 and 2025
Roth IRAs Roth IRA contribution limits have gone up. Here's what you need to know.
By Jackie Stewart Last updated
-
How to Find Foreclosed Homes: Best Foreclosure Listings Sites
Making Your Money Last Find foreclosed homes for sale on these foreclosure listing websites. Search for properties on these free, paid or government sites.
By Bob Niedt Last updated
-
Four Tips for Renting Out Your Home on Airbnb
real estate Here's what you should know before listing your home on Airbnb.
By Miriam Cross Published
-
Five Ways to a Cheap Last-Minute Vacation
Travel It is possible to pull off a cheap last-minute vacation. Here are some tips to make it happen.
By Vaishali Varu Last updated
-
How to Figure Out How Much Life Insurance You Need
insurance Instead of relying on rules of thumb, you’re better off taking a systematic approach to figuring your life insurance needs.
By Kimberly Lankford Last updated
-
Amazon Big Deal Days Is Coming! We’ve Got All the Details
Amazon Prime To kick off the holiday season with a bang, Amazon Big Deal Days runs Tuesday, October 8 and Wednesday, October 9.
By Bob Niedt Last updated
-
How to Shop for Life Insurance in 3 Easy Steps
insurance Shopping for life insurance? You may be able to estimate how much you need online, but that's just the start of your search.
By Kaitlin Pitsker Published
-
Five Ways to Shop for a Low Mortgage Rate
Becoming a Homeowner Mortgage rates are high this year, but you can still find an affordable loan with these tips.
By Daniel Bortz Last updated