PenFed Foundation Reaches Significant Fundraising Milestone
The day kicked off with an awe-inspiring display from America's top skydivers, who gracefully landed on the golf course to honor the victims of 9/11. This heartfelt tribute, filled with patriotism and remembrance, set the stage for a day focused on supporting veterans and their families.
At this year’s Military Heroes Golf Classic, the PenFed Foundation, a respected national nonprofit organization, proudly raised over $1 million. This remarkable achievement marks the 21st annual event for the foundation, which was established by PenFed Credit Union and has consistently worked to provide essential support to the military community.
Focus on Honor and Sacrifice
The day began with a moving tribute as special operations skydivers descended onto the course, proudly waving the American and Purple Heart flags. The ceremony featured notable figures, including Maura Watson, EVP of PenFed Credit Union, and Army Col. (Ret.) Philip F. Romanelli, both of whom took part in the skydiving tribute.
James Schenck, President and CEO of the PenFed Foundation, shared the organization's core belief: "Freedom isn’t free. Over the past 248 years, brave servicemembers of America's Armed Forces have fought in 12 wars to defend our freedom. The success of our tournament allows us to continue caring for our nation's veterans. At PenFed, we never forget.”
Success Through Community Involvement
The enthusiasm and commitment of volunteers and donors have been the foundation of the PenFed Foundation’s efforts. Andrea McCarren, the Foundation's President and SVP at PenFed Digital, expressed her excitement: "We are thrilled to have raised over $1 million at this year’s Military Heroes Golf Classic. This event highlights our dedication to supporting military heroes who have made tremendous sacrifices for our nation."
Thanks to over two decades of sustained efforts, the PenFed Foundation has provided more than $55 million in financial assistance, positively impacting over 150,000 military families nationwide. This support is vital for their transition to civilian life.
Celebrating Long-Term Partnerships
During the preceding dinner event, key partnerships within the community were recognized. Patrick Williams, President and CEO of Innospec, and Tom Entwistle, President of Oilfield Services, were honored for their ongoing commitment to the PenFed Foundation. Their generous contributions, exceeding $2 million since 2007, have been crucial in creating opportunities for many veterans.
Marine Corps veteran Richard Casper, co-founder of CreatiVets, was awarded a $25,000 grant to support his initiative that empowers veterans through creative outlets like songwriting. The evening also featured a performance by Scotty Hasting, a veteran country music artist and Purple Heart recipient, adding a heartfelt touch to the tributes.
A Bright Future Ahead
This event not only raised essential funds but also fostered a strong sense of community support for military families. The dedication shown by the PenFed Foundation, combined with the collective energy of participants and sponsors, paves the way for promising future initiatives. Edward Cody, Chairman of the PenFed Foundation Board, and Kevin Wiles, President of Berkshire Hathaway Homes Services PenFed Realty, co-chaired the event, once again demonstrating the power of community in making a difference.
About the PenFed Foundation
Founded in 2001, the PenFed Foundation serves as a beacon of hope for veterans transitioning from military service. With over $55 million invested in aid for veterans and military families, their mission reflects a deep commitment to ensuring that contributions from donors directly benefit their programs. Thanks to the support of PenFed Credit Union, all administrative costs are covered, allowing the foundation to focus its resources on providing life-changing assistance to those who have served.
Frequently Asked Questions
What was the primary goal of the Military Heroes Golf Classic?
The main goal was to raise funds to support veterans and their families through the efforts of the PenFed Foundation.
How much money was raised at the event?
Over $1 million was raised during this year’s event, which will contribute to various programs supporting military families.
Who participated in the skydiving tribute at the event?
Special operations warriors from the armed forces participated, along with prominent figures from PenFed Credit Union.
What support does the PenFed Foundation provide?
The foundation offers financial assistance and resources for veterans transitioning to civilian life, totaling over $55 million in support so far.
How has Innospec contributed to the PenFed Foundation?
Innospec has provided over $2 million in support, recognizing the importance of partnership in aiding military families.
