President Donald Trump will lead New York City’s 100th annual Veterans Day Parade next week, becoming the first sitting president to accept the honor, the event’s organizers announced Wednesday.
But while Trump will be making history Monday as he attends the parade, an offer the United Veterans War Council has made to every president since 1985, his involvement as a citizen with the annual Veterans Day event dates back to 1995 when he saved the event from dire financial straits.
Less than three months before the 1995 Veterans Day parade, in mid-August, organizers had just $1.21 in the event’s bank account after receiving nothing from the 200 corporations, including military contractors, they had reached out to for financial support, The New York Times reported in 1995.
“Zippo, dada, zilch,” the 1995 parade’s executive director, Tom Fox, told The NYT. “Nothing from Northrup, United Technologies, none of them. To me, it’s a sin.”
It was at that point then-businessman Trump stepped in and saved the event by contributing between $325,000 and $375,000, parade organizer Vincent McGowan told CNN in 2016.
Trump’s contribution unleashed a windfall of donations to the parade’s organizers. While the parade’s budget was ultimately reduced from $2.9 million to $2.4 million, The NYT reported, the show was able to...
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