The Work Index by Flexa

The PenFed Foundation

The PenFed Foundation is a national non-profit organization dedicated to empowering military service members, veterans, and their communities with the skills and resources needed for financial stability and opportunity.

https://penfedfoundation.org/
4.9

/10

Transparency ranking

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Description

The PenFed Foundation is a national non-profit organization dedicated to empowering military service members, veterans, and their communities. Founded in 2001, the organization provides financial support and opportunities to address the unmet needs of those who have served. Affiliated with PenFed Credit Union, the Foundation benefits from significant financial resources, allowing it to reach military communities across the nation, build strong partnerships, and engage a dedicated corps of volunteers.

The PenFed Foundation's mission is achieved through various initiatives, including the Military Heroes Program, which offers grants to eligible non-profit organizations supporting active-duty service members, veterans, and their families. They also operate the Afghan Allies Program, aiding refugees who assisted U.S. forces or supported American values. Additionally, their Veteran Entrepreneur Investment Program provides seed capital and mentorship to veteran-owned start-ups. Through these programs, the PenFed Foundation strives to improve the financial well-being and future prospects of military heroes.

Mission

The PenFed Foundation is a national non-profit organization dedicated to empowering military service members, Veterans, and their communities. Their mission is to champion the military through investment, advocacy, and outreach, ensuring service members can serve without financial worry and all veterans have a strong financial future. The PenFed Foundation focuses on providing opportunities and financial support to fill the unmet needs of these individuals and their families.

Improving quality of life/health
Not-for-profit
Social impact led

Culture

The PenFed Foundation fosters a culture of service and dedication to empowering military service members, veterans, and their families. The organization prioritizes a collaborative and supportive work environment where individuals are encouraged to share their expertise and contribute to the collective mission of improving the lives of those who have served. The Foundation's strong emphasis on community involvement and volunteerism creates a culture where employees feel valued and connected to the impact of their work.

People-first
Progressive
Supportive

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