Page 20 - Desert Lightning News Sept. 2015
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20                                                            September 3, 2015                                               Desert Lightning News

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Shopping the Exchange pays $224 million in dividends

   DALLAS – The Army & Air Force Exchange Service paid a div-       men. Because the Exchange operates at Marine and Navy loca-
idend of $224 million in 2014 to morale, welfare and recreation     tions, funds are also returned to Marines and Sailors. The FY 2014
efforts for the Army, Air Force, Marine Corps and Navy. In the      dividend of $224 million was distributed as follows: 
past 10 years, the Exchange has provided more than $2.4 billion
in dividends to military programs such as youth services, family       Army:                                      $125.3M
counseling and other activities that make life better for military     Air Force:                                    74.1M
members and their families.                                            Marines:                                      19.5M
                                                                       Navy:                                             5.1M
   “Roughly two-thirds of Exchange earnings are paid to the Ser-       Total:                                      $224.0M
vices’ morale, welfare and recreation programs, while the other        The Exchange’s mission of providing quality goods and services
third goes toward building new stores and renovating facilities,”   at competitively low prices while generating earnings to support
said Air Force Chief Master Sgt. Sean Applegate, the Exchange’s     quality-of-life efforts means that the Exchange benefit is more than
senior enlisted advisor.                                            finding a good price on merchandise. This structure ensures that
                                                                    shoppers who take advantage of their Exchange benefit at brick-
   In 2014, the Exchange opened a new shopping center and Ex-       and-mortar stores or online at  www.shopmyexchange.com  are
press at Fort Meade, Md. In addition, Expresses were opened at      working to better their communities. 
Homestead Air Reserve Base, Fla., Tyndall Air Force Base, Fla.,        “100 percent of Exchange earnings serve Soldiers, Airmen and
and Wright-Patterson Air Force Base, Ohio. The Exchange also        their families,” Applegate said. “When service members shop or
opened one troop store in Moon Township, Pa., serving Soldiers,     dine at their Exchange, they’re investing in their own community,
Airmen, Reservists and Guardsmen in Western Pennsylvania,           making it a better place to live and work.”
Ohio and West Virginia.

   Exchange support to the military goes beyond Soldiers and Air-

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