$20 Million Grant to the Intrepid Fallen Heroes Fund from the Iraq Afghanistan Deployment Impact Fund for Construction of New Medical Facility to Treat Traumatic Brain Injury

Release date: 9/10/2008

New York, NY – The Intrepid Fallen Heroes Fund has received a grant of
$20 million from the Iraq Afghanistan Deployment Impact Fund of the California Community
Foundation to construct the National Intrepid Center of Excellence for Traumatic Brain Injury
(NICoE) in Bethesda, Maryland, a 75,000 sq. ft. state-of-the-art research, diagnosis and
treatment center. The donation was announced by Bill White, President of the Intrepid Fallen
Heroes Fund (IFHF) (www.fallenheroesfund.org).

This facility will provide leading edge services support for the tens of thousands of soldiers with
traumatic brain injury, (TBI) and/or post traumatic stress disorder. Further, the center will
conduct research, test new protocols and provide comprehensive training and education to
patients, providers and families while maintaining ongoing telehealth follow-up care.

The project is being funded by the IFHF, which provides assistance to our nation’s military
heroes who have been critically injured in the performance of their duty, and their families. The
IFHF previously raised more than $60 million to support families of military personnel lost in
Operations in Iraq and Afghanistan and to construct the Center for the Intrepid, an advanced
physical rehabilitation facility at Brooke Army Medical Center in San Antonio, Texas, which
opened in 2007. NICoE is expected to open in late 2009.

“IFHF continues to demonstrate an exceptional capacity to get things done", said Nancy
Berglass, Principal of Berglass Community Investment Consulting, who directs IADIF. "The
NICoE project is a shining example of the ways in which public-private partnerships can
and must pave the way for better outcomes for the men, women and families impacted by
deployment to Iraq and Afghanistan, especially those who have suffered traumatic injury.”

“This donation brings us half way to our goal of $80 million,” said Mr. White. “We are very
pleased to be able to continue our mission to send a message to military personnel that we will
always remember the sacrifices made by them and their families and continue to support our
soldiers by providing them with world-class support when they return.”

Spearheading this project is New York real estate executive Arnold Fisher, the honorary
chairman of the IFHF whose family was responsible for turning the retired USS Intrepid into a
museum to honor and educate about our nation’s veterans. According to Fisher, this is a much
tougher project to accomplish because mental and brain injuries are not visible to the untrained
eye. Soldiers can be living with problems that no one can see. In addition, problems such as
post traumatic stress disorder can surface years later if left untreated.

NICoE will be the premiere center among a series of five new facilities dedicated to research,
diagnosis and treatment of TBI in military personnel. NICoE will serve the most severe TBI
cases and will feature the most advanced equipment and facilities for treatment of TBI. This
series of facilities will be added into a new and advanced system for diagnosing non-penetrating
TBI, and getting proper treatment to patients.

The centers will not only provide treatment but will also be research facilities. Improvements in
screening, diagnosis, and treatment will be fed back out to the military and VA hospitals and
medical facilities in the field. Long-term follow-up care will also be incorporated into the
system plan to ensure that, once soldiers separate from the military, they do not separate from
whatever continued treatment they need.