PenFed Foundation

About PenFed Foundation

The PenFed Foundation is a nonprofit organization dedicated to supporting military heroes through investment, advocacy, and outreach. Established in 2001, their mission is to champion the military community by providing high-impact financial support and opportunities, particularly during the transition from service to civilian life. PenFed Credit Union covers most administrative costs, ensuring donations directly fund their programs.

Products & Services

Military Heroes Program:Provides grants to celebrate the leadership and selfless service of military members and supports their transition to civilian life.

Veteran Entrepreneur Program:Elevates veteran and military spouse founders by offering free, equity-free access to mentorship, startup capital, and a network of investors and industry leaders.

Specialties

Military Support Veteran Transition Programs Veteran Entrepreneurship Financial Grants for Military Heroes

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Fundraising Event T: - FT: Fundraising Event	A: 1000000 MR: - FA: over $1 million FAN: 1000000	D: 2025-09-08 FD: 2025-09-08	-

Fundraising Event Latest

2025-09-08

$1.0M

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

D

Deborah Lee James

Former Secretary of the Air Force

J

James F. Quinn

Vice-Chair

S

Sandra L. Patricola

Secretary/Treasurer

E

Edward B. Cody

Board Chairman, PenFed Credit Union

D

David P. Barondess

Retired PenFed Credit Union IT Leader

A

Alfred Rudolph

Interactive Hospitality Consultancy

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