Financials

PenFed Foundation addresses the unmet needs of military members, Veterans and their families.

The PenFed Foundation, a 501(c)(3) tax exempt nonprofit organization, has raised over $50 million dollars for our Military Heroes across the United States, and we ensure donors’ money is spent effectively. For more information, please view our audited financial statements or our latest Form 990. All gifts to PenFed Foundation are fully tax deductible to the extent permitted by law.

Did You Know?
PenFed Credit Union completely covers the salaries and administrative costs of the PenFed Foundation, so more than 95% of the funds we raise go directly to our programs.