FOLDS OF HONOR
Folds of Honor
U.S. Merchant Payment Solutions announces partnership with Folds of Honor
Austin, Texas, December 15, 2024
Ken Givens and U.S. Merchant Payment Solutions (USMPS) have long been conscious of their responsibility to respect and acknowledge the sacrifice of this nation's heroes. For that reason, U.S. Merchant Payment Solutions is partnering with Folds of Honor Foundation, a foundation that provides life-changing educational scholarships to the spouses and children of fallen or disabled US service members and first responders.
Since 2009, U.S. Merchant Payment Solutions has provided payment processing services to thousands of companies and non-profits around the country. Founder Ken Givens has 28 years’ experience with electronic payments including Credit/Debit Card Processing, Point of Sale Software, Ecommerce, ACH Check Drafting, ATM’s, Cryptocurrency Acceptance, all integrating with the business’ Accounting Software.
Announced today, USMPS will contribute 13 percent (for the 13 folds in the iconic flag) of their NET revenue directly to Folds of Honor when a Veteran owned or managed business uses USMPS wide range of payment services. USMPS will continue its current offer of a 13% discount to those same businesses, on ALL software, hardware and set-up fees. Veteran’ businesses will also be confident that they are paying the lowest possible payment processing fees, thanks to USMPS “Beat Any Rate Guarantee”! (Guaranteed to beat any rate or pay $500 for letting them try!)
"Folds of Honor is proud to partner with U.S. Merchant Payment Solutions” says Folds of Honor CEO and founder, Lt Col Dan Rooney. "We believe the partnership will be a force multiplier to the mission and awareness of Folds of Honor Central Texas and increase scholarship funding to the families of American military and first responder heroes. Together we will meet sacrifice with hope.”
Folds of Honor was founded by LT Col Dan Rooney, a decorated F-16 Viper fighter pilot. Since its inception in 2007, Folds of Honor has been awarded more than 62,000 academic scholarships totaling about $290 million. Minority recipients represent 45 percent of all scholarships awarded and a total of 91 percent of every dollar raised goes to the scholarship program.
Our impact is greater together. Helping the dependents of American heroes pursue their educational dreams is possible only with the generosity of everyday citizens. If you would like to join with U.S. Merchant Payment Solutions to support our nation's military and first responder families, you can become a Folds of Honor Squadron member by joining thousands of committed American patriots who pledge $13 every month.
Why is Ken Givens, founder of U.S. Merchant Payment Solutions, excited about this opportunity to help Veteran owned/operate businesses?
Ken’s father, Albert Drew Givens, and his three uncles were WWII veterans. His wife Kathy’ four uncles were Korean War veterans. He has three cousins who were Vietnam Vets. Ken has friends, family, and co-workers who were part of Iraqi Freedom, and five cousins who are currently serving. Ken is also a member of Sons of the American Revolution, confirming his family’s participation in the U.S. Revolutionary War.
Ken Givens has a long history of supporting these great Nations heroes. They will continue to offer a 13% discount to Veterans, First Responder and Military families, while providing a Lifetime Guarantee that will “Beat Any Rate”, and still contribute 13% of net profits to Folds of Honor Central Texas!
Thank you, Ken and U.S. Merchant Payment Solutions!
Folds of Honor is a 501(c) (3) nonprofit organization that provides educational scholarships to the spouses and children of fallen or disabled military and first responders. Our educational scholarships support private school tuition or tutoring in grades K-12, tuition for college, technical or trade school, and post-graduate work, including a master’s degree, doctorate, or professional program. Since its inception in 2007, Folds of Honor has awarded more than 62,000 scholarships totaling about $290 million in all 50 states. Among the students served, 45 percent are minorities. It is rated a four-star charity by Charity Navigator and Platinum on Candid. Folds of Honor was founded by Lt Col Dan Rooney, the only-ever F-16 fighter pilot (with three combat tours in Iraq) and PGA Professional. He is currently stationed at Headquarters Air Force Recruiting Service Detachment 1, at Joint Base San Antonio-Randolph, Texas. For more information or to donate in support of a Folds of Honor scholarship visit foldsofhonor.org.
Folds of Honor Foundation
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HIGHER EDUCATION SCHOLARSHIP
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The Higher Education Scholarship program is for spouses and dependents of service members who are enrolled, or planning to enroll, in an undergraduate program of study leading to a bachelor’s degree at an accredited U.S. college or university. Enrollment in an accredited technical or trade school program, which results in a certificate or diploma, are also acceptable – so long as the applicant doesn’t currently have a bachelor’s degree. No scholarship can be awarded to those pursuing a second undergraduate or graduate school (Master’s/Doctorate) degree.
Applicants must re-apply each year they wish to receive funding. Dependent(s) of the service-member must be 24 years of age or younger and unmarried.
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Spouse of service-member has no age requirements/limitations, but cannot be re-married using former spouse’s military service documents.
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Service-member (of any branch; active duty or reserves) must be one of the following:
KIA, killed in the line of duty, or suffered the loss of a limb; died of any cause while on active duty or after being classified as having a service-connected disability; or who has a 10% or higher combined service-connected evaluation, rated by the Veteran’s Administration. If applicant’s service-member is currently active duty, they can only be eligible to apply for a scholarship if the service-member has a Purple Heart or loss of limb, and provides current orders.
CHILDRENS FUND SCHOLARSHIP​
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The Children’s Fund scholarship seeks to provide support for dependent(s) enrolled in grades K-12. Child entering Kindergarten must be 5 years old on or before September 1st of the current year. Funds may be used for approved/accredited private school tuition, approved/accredited educational tutoring, an approved/accredited homeschooling curriculum, required books and school uniforms. Educational tutoring may not be provided through a private individual.
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Applicants must re-apply each year they wish to receive funding.
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Service Member (of any branch; active duty or reserves) must be one of the following:
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KIA, killed in the line of duty, or suffered the loss of a limb; died of any cause while on active duty or after being classified as having a service-connected disability; or have a 90-100% combined service-connected evaluation, rated by the Veteran’s Administration
FOLDS OF HONOR