The mission of the PenFed Foundation is to champion our military through investment, advocacy, and outreach.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.4M
-19.8% YoY
Annual Giving
$1.0M
+112.8% YoY
Grant Count
40
+233.3% YoY
Avg Grant Size
$26K
-36.2% YoY
About The Pentagon Federal Credit Union
Based on IRS filings
The Pentagon Federal Credit Union is a nonprofit organization focused on Recreation & Sports, based in ALEXANDRIA, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.4M in total assets. In 2024, it awarded 40 grants totaling $1.0M. Net investment income was $134K.
Focus Areas
Ready to take the next step with The Pentagon Federal Credit Union?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,395,752 | $14,216,497 | $8,671,732 |
| Revenue | $3,252,682 | $3,253,322 | $7,823,201 |
| Expenses | $2,260,393 | $2,618,884 | $4,296,875 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $134,331 | $71,805 | $24,624 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
52 grants across all recorded years
Open Grants
3 open opportunities from The Pentagon Federal Credit Union
Military Heroes Program
The Pentagon Federal Credit Union
Amount
Varies
Deadline
Rolling / Open
Military Heroes Program - High Impact Community Grant
The Pentagon Federal Credit Union
Amount
Varies
Deadline
Rolling / Open
Veteran Entrepreneur Program
The Pentagon Federal Credit Union
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Deborah Lee James | Chairwoman | 2 | — |
| James Quinn | Vice Chair | 1.5 | — |
| Sandra Patricola | Secretary/Treasurer | 1 | — |
| David Barondess | Director | 1 | — |
| Edward B Cody | Director | 1 | — |
| Doug Doan | Director | 1 | — |
| John Flynn | Director | 1 | — |
| Pete Hilger | Director | 1 | — |
| Alfred Rudolph | Director | 1 | — |
| Katherine Watson | Director of Philanthropy | 37.5 | — |
| Andrea McCarren | President | 37.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Pentagon Federal Credit Union on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities