NonprofitsPentagon Federal Credit Union Fdn Penfed Foundation

Recreation & Sports

Pentagon Federal Credit Union Fdn Penfed Foundation

ALEXANDRIA, VA

Total revenue

$3.3M

Total expenses

$2.3M

Net assets

$11.3M

Grants received

$2.3M

40 grants

EIN

542062271

Tax year

2024

Mission

To champion our military through investment, advocacy, and outreach.

Programs

2 programs

Veteran Entrepreneur Investment Program (VEIP):VEIP provides veteran and military spouse entrepreneurs with education, mentorship, and connection to capital to build and grow their businesses.

Expenses: $358KGrants: $20K

Other Programs

Expenses: $49KGrants: $500

Financials

FY 2024

Revenue

Contributions & grants$3.4M
Program service revenue
Investment income$134K
Other revenue
Total revenue$3.3M

Expenses

Grants paid$1.3M
Salaries & benefits
Fundraising$14K
Other expenses$936K
Total expenses$2.3M
Total assets$11.4M
Net assets$11.3M

People

11 listed

NameRoleCompensation

Deborah Lee James

Chairwoman

Board

2 hrs/wk

James Quinn

Vice Chair

Board

1.5 hrs/wk

Sandra Patricola

Secretary/Treasurer

Board

1 hrs/wk

David Barondess

Director

Board

1 hrs/wk

Edward B Cody

Director

Board

1 hrs/wk

Doug Doan

Director

Board

1 hrs/wk

John Flynn

Director

Board

1 hrs/wk

Pete Hilger

Director

Board

1 hrs/wk

Alfred Rudolph

Director

Board

1 hrs/wk

Katherine Watson

Director of Philanthropy

Staff

37.5 hrs/wk

Andrea McCarren

President

Staff

37.5 hrs/wk

Independent contractors

One Degree Financial

Accounting

$185K

4 Media Group

Marketing

$119K

Grants received

Showing 40 of 40

FromAmountPurposeYear
$50K
UNRESTRICTED GENERAL SUPPORT
2024
$20K
TWO BASE HIT SPONSORSHIPS. ALL BENEFITS ARE DECLINED TO ENSURE THIS GRANT IS ENTIRELY CHARITABLE. THESE BENEFITS MAY INCLUDE, BUT ARE NOT LIMITED TO, ATTENDANCE AT THE EVENT OR PURCHASE OF AN AUCTION ITEM
2024
$25K
UNRESTRICTED GENERAL SUPPORT
2023
$20K
LEADERS & LEGENDS 2023, 2 BASE HIT SPONSORSHIPS. THE GRANT WILL NOT PAY FOR THE COST OF ATTENDANCE AT THE EVENT, AN AUCTION ITEM, OR RAFFLE TICKETS
2023
$15K
DONATION FOR EVENT
2023
$10K
General Operating Support
2023
$156K
GENERAL SUPPORT
2022
$82K
For grant recipient's exempt purposes
2022
$30K
UNRESTRICTED GENERAL SUPPORT
2022
$15K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$14K
GENERAL SUPPORT
2022
$56K
HUMAN SERVICES
2021
$53K
For grant recipient's exempt purposes
2021
$53K
For grant recipient's exempt purposes
2021
$50K
COMMUNITY DEVELOPMEN
2021
$15K
GENERAL SUPPORT
2021
$400K
Homeless/Indigent/ Crisis Intervention
2020
$200K
SEE SCHEDULE I, PART IV
2020
$50K
FINANCIAL SUPPORT FOR VETERANS
2020
$30K
UNRESTRICTED GENERAL SUPPORT
2020
$25K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2020
$21K
For grant recipient's exempt purposes
2020
$20K
COVID-19 EMERGENCY FINANCIAL RELIEF PROGRAM
2020
$9K
COVID Fund for veterans, military
2020
$7K
NFL COVID-19 GRANT
2020
$150
CHARITABLE PURPOSE
2020
$100
OPERATIONAL SUPPORT
2020
$66
HEALTH & HUMAN SERVICES
2020
$400K
Homeless/Indigent/ Crisis Intervention
2019
$26K
For grant recipient's exempt purposes
2019
$300K
Homeless / Indigent / Crisis Intervention
2018
$7K
For grant recipient's exempt purposes
2018
$5K
ON BEHALF OF DELEK US IN SUPPORT OF THE INNOSPEC INVITATIONAL
2018
$15K
SUPPORT FOR MILITARY PERSONNEL
2017
$5K
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$2.3M from 24 funders · 40 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$242K · 6 grants · 2018–2022

Wounded Warrior Project Inc

$200K · 1 grant · 2020

Nape Expo Charities Fund

$156K · 1 grant · 2022

Morgan Stanley Global Impact Funding Trust Inc

$135K · 4 grants · 2020–2024

American Online Giving Foundation Inc

$105K · 3 grants · 2020–2023

National Philanthropic Trust

$56K · 1 grant · 2021

Gary Sinise Foundation

$50K · 1 grant · 2020

Details

EIN542062271
NTEE codeN20
Subsection03
Ruling date2002-05
Formed2001
Employees0
Volunteers60
PENTAGON FEDERAL CREDIT UNION FDN PENFED FOUNDATION — Mission, Financials & Grants Received | Grantivo