RISE Armament Auction Benefits Families of Fallen or Disabled Vets
RISE Armament, a manufacturer and supplier of AR firearms and components, created 13 special-edition Patriot Rifles to raise funds for Folds of Honor. Four of these rifles were recently auctioned off, raising more than $50,000 for the organization that provides educational scholarships to the families of military men and women who have fallen or been disabled while on active duty in the United States armed forces.
“We’re thrilled the Patriot Rifles raised so much for veterans’ families,” says Matt Torres, President of RISE Armament. “We’re on a mission to make a lasting difference, and Folds of Honor is an incredible organization to team up with.”
On October 22, Folds of Honor held the auction at a fundraiser hosted by Edmond, Oklahoma-based Tall Oak Midstream. Each Patriot Rifle garnered $13,000, totaling $52,000 for the foundation. The proceeds from the rifles are enough for Folds of Honor to fund 10 educational scholarships to children or spouses of fallen or disabled veterans.
RISE Armament created the Patriot Rifle early in 2018 to benefit Folds of Honor. The nonprofit organization was founded in 2007 to provide educational scholarships for children and spouses of fallen or disabled service members.
Nearly two million military heroes’ dependents are negatively impacted by war, said RISE. The cost to provide educational scholarships to those dependents is $9 billion, and 85% of the families don’t qualify for federal aid, RISE Armament added.