AAFES dividends for Services 
for May 2008 was $43K
Year-to-date dividends total $339K!

AAFES DIVIDENDS BENEFIT SERVICES  

Here is an article from AIR FORCE MATERIEL COMMAND SERVICES, June 25, 2004 edition - explaining the importance of AAFES dividends support for Services Divisions throughout the Air Force.
The value of the Army and Air Force Exchange Service (AAFES) extends far beyond their ability to provide quality merchandise and services. Dividends, generated from their overall earnings, are a major contributor to all non-appropriated fund (NAF) construction projects. “Every time you shop at the Base Exchange, you provide support to Services’ programs, equipment and construction projects for facilities that are not fully supported by appropriated funds,” said Col Joseph Rarer, Chief of AFMC Services. These include activities such as golf courses, bowling centers, clubs, youth centers, and outdoor recreation.  

Annual AAFES contributions to Air Force Services average $81 million or $239 for every Airman. Part of this contribution is held at Air Force-level, to support the Base Capital Improvement Fund which funds major construction and central programs such as Tops in Blue. Over $14 million is currently obligated to major construction within AFMC. This includes the newly completed Enlisted Club at Eglin and the recent replacement of the golf greens at Robins. A POV car wash at Edwards, golf maintenance building and irrigation system at Hill, golf greens replacement at Tinker and a golf maintenance building at Wright-Patterson are among the projects still under design and construction.  

Another portion of the funds is given directly to each MAJCOM. Headquarters AFMC receives about $630K annually. The command uses this money to provide grants for smaller projects. FY04 endeavors include a golf driving range at Hill; bowling snack bar renovation at Kirtland; club renovations at Robins and Tinker, and bowling lane projects at Wright-Patterson and Eglin.   

A final portion of the funds is given directly to the installations. On average, AFMC installations receive a total of $4.2 million. The amount varies by location depending upon the amount of revenue brought in by their exchange. Each installation uses their funds for equipment as well as minor construction and renovation. 

With the help of AAFES dividends, Services has completed hundreds of community enhancement projects Air Force-wide. No matter what the size or scope of each project, all are in line with the mission of Services to provide and improve the quality of life and well-being of the base community. AAFES will continue to focus on providing value to their customers while generating dividends so their customers and ours get quality services.