Message from the President-
Dear veterans and supporting communities,
I would like to extend my warmest greetings to you and thank you for visiting The Malmberg Foundation’s website.
Any society can define itself by how we treat our most vulnerable members, including the young, the old, the disabled, but also how we treat our veterans. Too often, red tape and government bureaucracy have failed our veterans and their families to cover the cost of much needed medical care. The number one common factor in bankruptcy in the United States is due to medical illness/bills. With 18 million veterans in the United States, this statistic impacts our veterans in great numbers. From working paycheck to paycheck or retired on a fixed income, our veterans who sacrificed for our freedoms and to keep Americans safe are struggling to cover medical costs. Our heroes should never have to choose between medical care for themselves or family members and obtaining basic needs.
The Malmberg Foundation is a public charity focusing on fundraising to help forgive medical debt owed by the veteran community. How it works is that our organization focuses on raising funds year-round, then we work with another non-profit that specializes in purchasing medical debt pennies on the dollar. Once we identify a medical debt portfolio, our organization will transfer the funds raised to forgive that medical debt. It takes time and effort to identify and build these portfolios. The Malmberg Foundation conducts year-round fundraising, so when portfolios are open, we can immediately help to forgive the medical debt. Helping veterans is our priority, however, due to this lengthy process, there are times towards the end of the fiscal year when we might have funds available but no veteran medical debt available. In these rare situations, we will help forgive medical debt in what is called "hotspot" areas. These are special areas identified in medical debt crisis areas and not necessarily veteran-owned debt.
Our expenses are covered by a private donation made by my family, which means 100% of your donation will go towards forgiving medical debt. As a public charity, we rely heavily on the community for financial and volunteer support. If you are interested in donating or volunteering, please explore our website for more information. The struggle is real for many fathers, sons, mothers, and daughters of our nation; we must do better.
If you believe in our mission but are not able to support financially or volunteer the next thing you can do is spread the word about our organization throughout your community and on social media.
Thank you and bless you for the support.
Matthew Malmberg
President
The Malmberg Foundation