Rangers FC boss Barry Ferguson supports armed forces cause
Read more: Rangers legend fronts campaign for football kits
The foundation worked with both charities throughout the season to help spread messages about their work.
It also hosted a weekend of activities with TAPS for surviving families of two fallen heroes from the UK and America.
Barry said: "I think it is so important that we show our support for our armed services and veterans, so it's great that the foundation is making this important donation for the two charities.
"I enjoyed meeting some of the men and women serving our country at the recent Armed Forces Day at Ibrox.
"I know how hard the Rangers Charity Foundation works to make a difference.
"It's a cause I've been a strong supporter of, ever since my playing days at the club, and I'd like to thank all the supporters who have given the foundation their backing to enable this donation to be made today."
Connal Cochrane, foundation chief executive, said: 'Our Armed Forces Fund donations this season are for two fantastic causes which do incredible work to support the wider armed forces community.
'We're proud to be able to support them, on behalf of the Rangers Family, and know that this represents just one aspect of our work throughout the year which, alongside the Club, recognises the dedication and sacrifice of armed services personnel and veterans.'
TAPS is an American non-profit organisation designed to provide care and resources for those grieving a death in the military or veteran community.
Jessica Harper, director of sports and entertainment for TAPS, said: "We are so grateful to Rangers for their continued support of TAPS and to be a Rangers Charity Foundation Armed Forces Fund beneficiary.
"This support helps to create meaningful connections of hope, healing and care for military families from the US and the UK."
Read more: Special screening of Scottish football documentary to be held in Glasgow
Forces Children Scotland works directly with children and young people from armed forces and veteran families across Scotland.
Steven Sweeney, chief executive at Forces Children Scotland, said: "As beneficiaries of the armed forces fund, we are delighted to be able to continue our work to ensure that babies, children and young people from forces families face no disadvantage.
"Thank you to Rangers Charity Foundation, Rangers FC and all the fans for their fantastic support."
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