Mission
The mission of the PenFed Foundation is to champion our military through investment, advocacy, and outreach.
Public Charity
The Pentagon Federal Credit Union Foundation
Based in Alexandria, VA, The Pentagon Federal Credit Union Foundation operates as a Public Charity. The organization reported $3.3M in revenue, $2.3M in expenses, $11.4M in total assets for fiscal year 2024. Imperigo tracks 49 reported grant relationships connected to this organization totaling approximately $2.8M.
EIN: 542062271
Alexandria, VA
Camps
NTEE: N20
Latest filing: 2024
Total Revenue$3.3M
Total Expenses$2.3M
Total Assets$11.4M
Grant Records49
Funding Total$2.8M
Filing Years2019–2024
Where $100 goes at The Pentagon Federal Credit Union Foundation
How The Pentagon Federal Credit Union Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$87
Programs
the work itself
$7
Management
running the organization
$6
Fundraising
raising the next dollar
Inside the $87 for programs
$70
Military Heroes Program:The Military Heroes Program supports the military community in three ways: 1
$17
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
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
UNRESTRICTED GENERAL SUPPORT
$50,000
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
$20,000
HUMAN SERVICES
$18,650
For grant recipient's exempt purposes
$6,100
UNRESTRICTED GENERAL SUPPORT
$25,000
Showing up to 5 of 49 total records — full history available with membership.
Officers & Directors
Director
Alfred Rudolph
President
Andrea Mccarren
Director
David Barondess
Chairwoman
Deborah Lee James
Director
Doug Doan
Director
Edward B Cody
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.3M | $2.3M | $11.4M |
| 2023 | $3.3M | $2.6M | $14.2M |
| 2022 | $7.8M | $4.3M | $8.7M |
| 2020 | $4.5M | $4.3M | $2.5M |
| 2019 | $2.8M | $4.0M | $2.4M |
Between 2019 and 2024, reported annual revenue grew from $2.8M to $3.3M (+17%), with total assets most recently reported at $11.4M.
Interactive year-over-year charts and full filing details available with membership.