The PenFed Foundation is a tax-exempt 501(c)(3) nonprofit organization based in Alexandria, VA. With a mission to champion the military through investment, advocacy, and outreach, the foundation provides high-impact financial support to our nation's heroes. Through initiatives such as the Military Heroes Program, Afghan Allies Program, and Veteran Entrepreneur Investment Program, the foundation offers grants, assistance to refugees, and financial support to veteran-owned and veteran-led companies.
Committed to transparency and accountability, the PenFed Foundation ensures that over 95% of donations go directly to their programs, thanks to PenFed Credit Union covering administrative costs. With a vision of a future where service members can serve the nation without financial worry and veterans have a strong financial future, the foundation strives to make a difference in the lives of those who have served.
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