Nonprofit honored for its work supporting both active-duty and retired soldiers of U.S. Army
October 24, 2013, Washington, D.C. — The Pentagon Federal Credit Union Foundation (PenFed Foundation), a nationally recognized nonprofit organization working to meet the unmet financial needs of military members and their families, announced today it received the prestigious Association of the Unites States Army (AUSA) National Service Award earlier this week at the 2013 AUSA Annual Meeting and Exposition in Washington, D.C. This is the first year this award has been presented.
“We are honored to be recognized for our continued support helping military families including both active-duty and retired soldiers from the U.S. Army,” said Christopher Flynn, president and CEO of the PenFed Foundation.“This award is a testament to the mission of the foundation.”
Each year, the AUSA presents different awards to groups and individuals who have served the Army and the Association with distinction. The PenFed Foundation was selected to receive the National Service Award because of its long commitment to the Army through its programs. The AUSA presented the PenFed Foundation with the award during the opening ceremony of the annual meeting at the Walter E. Washington Convention Center in Washington, D.C. Monday, October 21. http://ausameetings.org/annual.
From its inception in 2001, the PenFed Foundation has served more than 6,500 service members and has granted over $6 million in financial support through its three main programs: The Dream Makers, the Military Heroes Fund, and Asset Recovery Kit (ARK) program. As part of a public-private partnership, the foundation also recently gifted to the Department of Veterans Affairs a new $11 million free hotel for veterans undergoing medical care called the Lee & Penny Anderson Defenders Lodge. The lodge is near completion and is scheduled to open doors in January 2014.
“Receiving this award speaks to our commitment to both service members and veterans along with their families,” added Flynn. “And it shows the work we do on a daily basis is valued by community leadership organizations like AUSA.”
About the Pentagon Federal Credit Union Foundation (the PenFed Foundation)
The PenFed Foundation is a nationally recognized nonprofit organization working to meet the unmet financial needs of military members and their families through supporting wounded warriors and providing financial management assistance and home ownership aid. As part of a public-private partnership, the foundation also recently gifted to the Department of Veterans Affairs a new $11 million free hotel for veterans undergoing medical care called the Lee & Penny Anderson Defenders Lodge. PenFed (Pentagon Federal Credit Union) covers all labor expenses for the foundation so every dollar donated goes directly to supporting its programs.
To make a donation or learn more about the PenFed Foundation visit: http://www.penfedfoundation.org.