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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Recreation & Sports The Pentagon Federal Credit Union Foundation

The Pentagon Federal Credit Union Foundation

Fiscal year ending 2024. Filed on November 17, 2025.

2930 Eisenhower Avenue
Alexandria, Virginia 22314

The Pentagon Federal Credit Union Foundation (EIN: 54-2062271), also known as PenFed Foundation, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Pentagon Federal Credit Union Foundation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $263,599. The highest compensated employee at The Pentagon Federal Credit Union Foundation is Andrea McCarren with fiscal year 2024 compensation of $370,162.

Revenue, expenses, and employee compensation

Revenue

$3,252,682

Expenses

$2,260,393

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Andrea McCarren
President
$370,162
$0 $346,524 $23,638
Katherine Watson
Philanthropy Director
$157,036
$0 $142,157 $14,879

Benchmark Employee Compensation

Non-Employee Board Members

Alfred Rudolph
Director
David Barondess
Director
Deborah Lee James
Chair
Doug Doan
Director
Edward B Cody
Director
James Quinn
Vice Chair
John Flynn
Director
Pete Hilger
Director
Sandra Patricola
Secretary and Treasurer

Contractors

One Degree Financial
Accounting
$184,972
4 Media Group
Marketing
$118,825

Mission Statement

The mission of the PenFed Foundation is to champion our military through investment, advocacy, and outreach.

Revisions to this organization profile

November 17, 2025:
2024 The Pentagon Federal Credit Union Foundation 990 filed
August 13, 2025:
Amended (originally filed November 14, 2024)2023 The Pentagon Federal Credit Union Foundation 990 filed
January 8, 2024:
2022 The Pentagon Federal Credit Union Foundation 990 filed

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