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
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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
Among its reported 2024 grants, the largest include Force Blue Inc ($50,000), Green Beret foundation ($50,000), NextOp Inc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Arcadia Food Inc Alexandria, VA | Ongoing charitable support | $10,000 |
| Arizona Veterans Hall of Fame Society Tempe, AZ | Ongoing charitable support | $15,000 |
| Armed Services YMCA of Hampton Roads Virginia Beach, VA | Ongoing charitable support | $25,000 |
| Blacksburg Refugee Partnership Blacksburg, VA | Ongoing charitable support | $15,000 |
| Blue Star Counseling Cortland, OH | Ongoing charitable support | $25,000 |
| Canine Companions (Northeast Region) Medford, NY | Ongoing charitable support | $25,000 |
| Context Ventures Auburn, WA | Ongoing charitable support | $15,000 |
| CreatiVets Nashville, TN | Ongoing charitable support | $25,000 |
| Easter Seals Serving DC MD VA Silver Spring, MD | Ongoing charitable support | $15,000 |
| FORCE BLUE INC Mount Pleasant, SC | Ongoing charitable support | $50,000 |
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
Frequently Asked Questions
What is The Pentagon Federal Credit Union?
The Pentagon Federal Credit Union is a nonprofit organization focused on Recreation & Sports, based in ALEXANDRIA, VA. It holds $11.4M in total assets as of 2024.
How large is The Pentagon Federal Credit Union?
As of 2024, The Pentagon Federal Credit Union holds $11.4M in total assets with $3.3M in annual revenue. It awarded 40 grants totaling $1.0M in 2024.
Where does The Pentagon Federal Credit Union operate?
The Pentagon Federal Credit Union has awarded grants in Arizona, California, Connecticut, Florida, Illinois, Indiana, Louisiana, Maryland, Minnesota, Missouri, Montana, New York, Ohio, Pennsylvania, Pr, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington.
What size grants does The Pentagon Federal Credit Union award?
In 2024, The Pentagon Federal Credit Union awarded 40 grants totaling $1.0M — an average of about $26K per grant, based on its IRS Form 990 filings.
What is The Pentagon Federal Credit Union's EIN?
The Pentagon Federal Credit Union's EIN (Employer Identification Number) is 54-2062271. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Pentagon Federal Credit Union's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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