The Pentagon Federal Credit Union Foundation
The Pentagon Federal Credit Union Foundation is a public charity based in Alexandria, Virginia. Founded by Pentagon Federal Credit Union in 2001, it says its mission is to champion the military through investment, advocacy, and outreach.
The Pentagon Federal Credit Union Foundation at a glance
In short: The Pentagon Federal Credit Union Foundation gave $1.0M across 40 grants in 2024 (avg $26K), top state Virginia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,022,000
- +112.8% vs 2023
- Grants made (2024)
- 40
- +233.3% vs 2023
- Average grant
- $25,550
- -36.2% vs 2023
- Median grant
- $25,000
- Total assets
- $11,395,752
- +33.5% vs 2023
- Primary geography
- Virginia (24% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026.
How to apply to The Pentagon Federal Credit Union Foundation
- Review Cycle
- The high-impact community grant information says its 2025 grants had already been awarded and advises checking for updates on 2026 opportunities.
- Deadline
- The high-impact community grant information says its 2025 grants had already been awarded and advises checking for…
- Contact
Mailing address: 2930 Eisenhower Avenue, Alexandria, VA 22314
Phone: (703) 838-1200
Website: https://penfedfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
3 open opportunities from The Pentagon Federal Credit Union Foundation
Military Heroes Program
The Pentagon Federal Credit Union Foundation
Amount
Varies
Deadline
Deadline not published
Military Heroes Program - High Impact Community Grant
The Pentagon Federal Credit Union Foundation
Amount
Varies
Deadline
Deadline not published
Veteran Entrepreneur Program
The Pentagon Federal Credit Union Foundation
Amount
Varies
Deadline
Deadline not published
Who The Pentagon Federal Credit Union Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Force Blue Inc ($50K). Together the top 10 received $443K.
Grant Size Distribution
52 grants across all recorded years
The most common grant size was under $50K: 39 grants of 52 (75%).
Geographic Focus
Where this funder awards grants
The Foundation describes its work as reaching military communities across the nation. Its Military Heroes Program is listed as serving the United States, with a focus on military communities. In 2024, the largest shares of grant dollars went to recipients in Virginia (24%), Texas (13%), Montana (10%), New York (7%), and Florida (6%).
Grant Distribution by State
Share of 2024 grant dollars across all 40 itemized grants.
States
Cities
How The Pentagon Federal Credit Union Foundation gives
- 5% of 2024 grantees were also funded in 2023. Method
Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $480K (2023) to $2.5M (2022). In 2024 it made 40 grants totaling $1.0M.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Force Blue Inc Mount Pleasant, SC | Ongoing charitable support | $50,000 |
| Green Beret foundation Montgomery, TX | Ongoing charitable support | $50,000 |
| NextOp Inc Houston, TX | Ongoing charitable support | $50,000 |
| SMART Heroes Foundation Falls Church, VA | Ongoing charitable support | $50,000 |
| The COMMIT Foundation Bozeman, MT | Ongoing charitable support | $50,000 |
| Warriors & Quiet Waters Foundation Bozeman, MT | Ongoing charitable support | $50,000 |
| Veterans One Stop Center WNY Buffalo, NY | Ongoing charitable support | $42,500 |
| The Aleph Institute INC Surfside, FL | Ongoing charitable support | $35,000 |
| Travis Manion Foundation Doylestown, PA | Ongoing charitable support | $35,000 |
| Pritzker Military Museum & Library Chicago, IL | Ongoing charitable support | $30,000 |
Ready to take the next step with The Pentagon Federal Credit Union Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $11,395,752 | $3,252,682 | $2,260,393 | $1,022,000 | 40 | $134,331 |
| 2023 | $8,534,940 | $3,288,623 | $2,618,884 | $480,227 | 12 | $107,106 |
| 2022 | $8,671,732 | $7,823,201 | $4,296,875 | $2,460,937 | Total only | $24,624 |
| 2021 | $5,129,099 | $6,700,789 | $4,113,801 | — | — | $36,003 |
| 2020 | $2,470,789 | $4,548,205 | $4,315,792 | — | — | $25,921 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The Foundation’s stated mission is to champion the military through investment, advocacy, and outreach. Its 2024 filing describes the Military Heroes Program as funding projects with a significant positive impact on military communities, helping individuals experiencing life-changing emergencies, and supporting allies through an Afghan refugee resettlement program. The filing describes the Veteran Entrepreneur Investment Program as providing veteran and military spouse entrepreneurs with education, mentorship, and connections to capital.
The 2024 grants illustrate support for a range of organizations serving military communities. For example, The COMMIT Foundation says it helps people who have served and their families make purposeful transitions; NextOp says it prepares enlisted service members and veterans for civilian careers; and Warriors & Quiet Waters Foundation says it supports post-9/11 combat veterans and their loved ones through nature-based experiences and programs. These are the grantees’ descriptions of their own missions.
Grantmaking
In filing year 2024, the Foundation reported 40 grants totaling $1,022,000. Grants ranged from $7,500 to $50,000, with a median of $25,000. In 2023, it reported 12 grants totaling $480,227. Its 2022 filing listed no grants. Its 2024 filing, the latest on this page, reports 40 grants totaling $1 million.
Among the largest reported 2024 awards were $50,000 each to Force Blue, Green Beret Foundation, NextOp, SMART Heroes Foundation, The COMMIT Foundation, and Warriors & Quiet Waters Foundation. Other awards included $42,500 to Veterans One-Stop Center of WNY and $35,000 each to The Aleph Institute and Travis Manion Foundation.
The Foundation’s filing says grant requests must be submitted through its online grant portal. Recipients sign grant agreements and are asked to provide follow-up information on how funds were spent and the project or grant’s overall success. For the Military Heroes Program’s high-impact community grants, the program information describes an initial letter of inquiry, with full proposals by invitation.
The Veteran Entrepreneur Program provides education, mentorship, networking, and business resources to participating entrepreneurs; the website describes it as a free program that takes no equity in participants’ businesses.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Deborah Lee James as Chairwoman, James Quinn as Vice Chair, and Sandra Patricola as Secretary/Treasurer. Directors listed were David Barondess, Edward B Cody, Doug Doan, John Flynn, Pete Hilger, Alfred Rudolph, and Katherine Watson, who was listed as Director of Philanthropy.
The Pentagon Federal Credit Union Foundation is led by Andrea McCarren, President on the 2024 filing; none of the 11 officers listed in 2024 report compensation.
Officers on the 2024 filing
Andrea McCarren
President
New on the 2024 filing
37.5 hrs/week
No compensation reported
Deborah Lee James
Chairwoman
On filings since 2020
2 hrs/week
No compensation reported
Alfred Rudolph
Director
On filings since 2020
1 hr/week
No compensation reported
Edward B Cody
Director
On filings since 2020
1 hr/week
No compensation reported
David P Barondess
Director
On filings since 2022
1 hr/week
No compensation reported
Katherine Watson
Director of Philanthropy
On filings since 2023
37.5 hrs/week
No compensation reported
Doug Doan
Director
New on the 2024 filing
1 hr/week
No compensation reported
John Flynn
Director
New on the 2024 filing
1 hr/week
No compensation reported
Pete Hilger
Director
New on the 2024 filing
1 hr/week
No compensation reported
Sandra Patricola
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
James Quinn
Vice Chair
Director → Vice Chair, 2024
On filings since 2023
1.5 hrs/week
No compensation reported
Former officers (10)
- Former: David Clark (2020–2023) — Vice President Foundation Operations
- Former: Fred B Caprio (2020–2023) — Vice Chair
- Former: Jim Dinegar (2020–2023) — Director
- Former: Scott Davis (2023) — Director & Vet Entrepreneurship
- Former: Col Ret James F. Quinn (2020–2022) — Director
- Former: Seda Goff (2020–2022) — Director & Veteran Entrepreneurs · Filing note: Thru 10/2022
- Former: James C Dinegar (2022) — Director
- Former: GEN John W Nicholson Jr. (2020–2021) — President
- Former: Maren Brooks (2020–2021) — Chief Operating Officer
- Former: Tamara O'Neil (2020–2021) — Chief Development Officer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Pentagon Federal Credit Union Foundation
How much does The Pentagon Federal Credit Union Foundation give each year?
The Pentagon Federal Credit Union Foundation gave $1.0M across 40 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $480K across 12 grants.
What is The Pentagon Federal Credit Union Foundation's typical grant size?
The Pentagon Federal Credit Union Foundation's median grant in 2024 was $25,000, and its average grant was $25,550, across 40 grants on its 2024 IRS Form 990.
Where does The Pentagon Federal Credit Union Foundation give grants?
The Pentagon Federal Credit Union Foundation's top state is Virginia, with 24% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Texas (13%) and Montana (10%). The most frequent recipient cities were Bozeman, MT (2 grants), Houston, TX (2 grants), Arlington, VA (2 grants) and Alexandria, VA (2 grants).
Does The Pentagon Federal Credit Union Foundation give general operating support?
Not in 2024: none of the 40 grants with a stated purpose on The Pentagon Federal Credit Union Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Ongoing charitable support" (40 grants).
Who are The Pentagon Federal Credit Union Foundation's largest grantees?
The Pentagon Federal Credit Union Foundation's largest 2024 grantees include Force Blue Inc ($50,000), Green Beret foundation ($50,000) and NextOp Inc ($50,000), according to its 2024 IRS Form 990. Together they received 15% of its itemized 2024 grant dollars.
How large is The Pentagon Federal Credit Union Foundation?
The Pentagon Federal Credit Union Foundation reported $11.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.3M.
What does The Pentagon Federal Credit Union Foundation fund?
The Foundation’s stated mission is to champion the military through investment, advocacy, and outreach. See mission & focus areas ↑
How do I apply for a grant from The Pentagon Federal Credit Union Foundation?
The Pentagon Federal Credit Union Foundation has no public application process in the sources Grantable reviewed. Check penfedfoundation.org for current guidelines, or contact the foundation directly before submitting a request.
What is The Pentagon Federal Credit Union Foundation's EIN?
The Pentagon Federal Credit Union Foundation's EIN (Employer Identification Number) is 54-2062271. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS January 8, 2024)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 13, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Pentagon Federal Credit Union Foundation funds
Recreation & Sports Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Pentagon Federal Credit Union Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Pentagon Federal Credit Union Foundation funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/the-pentagon-federal-credit-union-foundation-morg_c4fa54e6223c4bceb2a5e4403fa1c5f4
BibTeX
@misc{grantable_542062271_2026,
author = {{Grantable}},
title = {{The Pentagon Federal Credit Union Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-pentagon-federal-credit-union-foundation-morg_c4fa54e6223c4bceb2a5e4403fa1c5f4},
note = {Accessed 2026-10-23. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Pentagon Federal Credit Union Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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