Pentagon Federal Credit Union FDN Penfed Foundation
Donations deductibleRevenue
$3.3m
year to 31 December 2024
Expenses
$2.3m
year to 31 December 2024
Total assets
$11.4m
$87k liabilities
Net assets
$11.3m
assets less liabilities
Directors and trustees
8
3.4 years on average
Staff
0
60 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
11
named in Part VII
Pentagon Federal Credit Union FDN Penfed Foundation's network
8 people3 organisationsi8 people and 3 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (8). Violet dotted lines (3) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
8 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 8 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Deborah Lee James Chair | Chairwoman | 2023 | 3 yrs |
| Alfred Rudolph | Director | 2023 | 3 yrs |
| David Barondess | Director | 2023 | 3 yrs |
| Edward B Cody | Director | 2023 | 3 yrs |
| Fred B Caprio | Vice Chair | 2023 | 3 yrs |
| James Quinn | Director | 2023 | 3 yrs |
| Jim Dinegar | Director | 2023 | 3 yrs |
| Sandra Patricola | Secretary/Treasurer | 2023 | 3 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
11 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| David Clark | VP Foundation Operations (Until 7/23) | since 2022 |
| GEN John W Nicholson JR | President | since 2019 |
| Hon Bruce E Kasold | Chief Operating Officer | 2018 |
| Katherine Watson | Director of Philanthropy | 2023 |
| Mr David Clark | Director of Outreach | 2020 |
| Mr Mark D Smith | Director of Programs | since 2018 |
| Mrs Seda Goff Thru 1022 | Dir, Veteran Entrepreneurs | 2022 |
| Mrs Tamara O'Neil | Chief Development Officer | 2020 |
| Ms Maren Brooks | Chief Operating Officer | 2020 |
| Ms Seda Goff | Dir. Veteran Entepreneurs | since 2019 |
| Scott Davis | Dir, Vet Entrepreneurship (until 12/23) | 2023 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Deborah Lee James | Chairwoman | 2 | $0 | ||
| James Quinn | Vice Chair | 1.5 | $0 | ||
| Sandra Patricola | Secretary/Treasurer | 1 | $0 | ||
| David Barondess | Director | 1 | $0 | ||
| Edward B Cody | Director | 1 | $0 | ||
| Doug Doan | Director | 1 | $0 | ||
| John Flynn | Director | 1 | $0 | ||
| Pete Hilger | Director | 1 | $0 | ||
| Alfred Rudolph | Director | 1 | $0 | ||
| Katherine Watson | Director of Philanthropy | 37.5 | $0 | $142k | $15k |
| Andrea McCarren | President | 37.5 | $0 | $347k | $24k |
Colorado roster
14 listediOfficers, directors and trustees from the latest filing with the Colorado Secretary of State (document 20253037864). Titles are as filed; some entries are registered agents or custodians of records rather than board members. Source: data.colorado.gov, public domain.| Name | Title as filed |
|---|---|
| James Quinn | Director |
| Andrea McCarren | President |
| Alfred Rudolph | Director |
| Edward B. Cody | Director |
| Deborah Lee James | Director/Chair |
| Cindy Moyes | Accountant |
| Doug Doan | Director |
| John Flynn | Director |
| James Schenck | CEO |
| Sandra Patricola | Director/Secretary/Treasurer |
| David Barondess | Director |
| Pete Hilger | Director |
| Cindy Moyes | |
| Chris Sowder | Director of Finance |
About
- Legal name
- Pentagon Federal Credit Union FDN Penfed Foundation
- EIN
- 542062271
- Address
- 7940 Jones Branch Dr, McLean, VA, 22102-3381
- State
- Virginia
- Mission
- The mission of the PenFed Foundation is to champion our military through investment, advocacy, and outreach. (as filed on the Form 990)
- Activity (NTEE)
- N20 Recreation and sports
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Recreation & Sports
- Size band
- 8 (IRS master file code)
- Formed
- 2001
- Principal officer
- Andrea McCarren (as named on the Form 990)
- IRS ruling date
- 1 May 2002
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2023
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥3years on the filingsDeborah Lee James
≥3years on the filingsAlfred Rudolph
≥3years on the filingsDavid Barondess
≥3years on the filingsEdward B Cody
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $11.4m
- Total liabilities
- $87k
- Net assets or fund balances
- $11.3m
- Contributions and grants received
- $3.4m
- Program service revenue
- $0
- Grants and similar paid out
- $1.3m
- Employees
- 0
- Volunteers
- 60
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $3.3m | $2.6m | $670k |
As filed on the IRS Form 990. US dollars.
Grants paid
25+ listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Force Blue Inc | Ongoing charitable support | $50k |
| Green Beret foundation | Ongoing charitable support | $50k |
| NextOp Inc | Ongoing charitable support | $50k |
| SMART Heroes Foundation | Ongoing charitable support | $50k |
| The COMMIT Foundation | Ongoing charitable support | $50k |
| Warriors & Quiet Waters Foundation | Ongoing charitable support | $50k |
| Veterans One Stop Center WNY | Ongoing charitable support | $43k |
| The Aleph Institute INC | Ongoing charitable support | $35k |
| Travis Manion Foundation | Ongoing charitable support | $35k |
| Pritzker Military Museum & Library | Ongoing charitable support | $30k |
| Armed Services YMCA of Hampton Roads | Ongoing charitable support | $25k |
| Blue Star Counseling | Ongoing charitable support | $25k |
| Canine Companions (Northeast Region) | Ongoing charitable support | $25k |
| CreatiVets | Ongoing charitable support | $25k |
| Homeward Trails Animal Rescue | Ongoing charitable support | $25k |
| Military Child Education Coalition | Ongoing charitable support | $25k |
| National Military Family Association | Ongoing charitable support | $25k |
| Operation Encore | Ongoing charitable support | $25k |
| Reveille Grounds | Ongoing charitable support | $25k |
| The 957 Project | Ongoing charitable support | $25k |
| The American Legion Department of Puerto Rico | Ongoing charitable support | $25k |
| The Honor Foundation Military Heroes | Ongoing charitable support | $25k |
| United Way of Broward County | Ongoing charitable support | $25k |
| US Naval Sea Cadet Corps | Ongoing charitable support | $25k |
| Warriors Ethos Inc | Ongoing charitable support | $25k |