Ernest Rady donates $50 million to Salvation Army, to help homeless men, women and families.

Local businessman and Philanthropist Ernest Rady along with his wife  Evelyn Rady announced a $50 million donation to Salvation Army to help homeless men, women, and families.

Homelessness is the No. 1 problem in San Diego,” — said Rady

“And what a great privilege and honor it is for Evelyn and I to be part of the solution.” — he said.

The Salvation Army accepted  the donation,  which is the third largest in its 153-year-old history to help homeless men and women.

“We have great confidence in this organization, so we are happy to put our resources in their hands, and we look forward to a successful conclusion,”– he added.

Maj. George Baker, Salvation Army divisional commander, said the projects will serve as a new standard for effective programs and housing for homeless across the country.

“The Salvation Army is deeply moved and inspired by Mr. and Mrs. Rady’s generosity and caring. Our vision for helping the homeless better their lives and find homes will now become a reality for our community,”– he said.

“We are humbled and grateful for this transformational gift,”

Baker also said that the plan has been in the works for more than 18 months.

“To finally get to this day and to see what will take place shortly behind me is a true blessing,” he said, referring to the site where Rady Residence will be built. “Not just for us in the Salvation Army, but the entire community.”– he added.

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