PenFed Foundation Raises Over $ 1.7 Million For Military Community, Announces Rescue And Resettlement Program In Afghanistan At 2021 Gala

“The PenFed Foundation is proud to celebrate 20 years of service to the courageous men and women who serve our nation and the generosity and patriotism of our donors to support our military community,” said the President and CEO of PenFed Credit Union and CEO of the PenFed Foundation. Jacques Schenck. “Thanks to our generous donors, the PenFed Foundation gives military service members, veterans and their communities the skills and resources to achieve financial stability and opportunity. We are proud to announce our new support program to the rescue and resettlement of Afghan women soldiers who, despite enormous cultural challenges, have played a critical role in supporting United States and our military. “

The highlight of the evening was the presentation of an Afghan heroine whose work in Afghanistan focused on saving lives. The PenFed Foundation worked directly with the State Department to help her and her family obtain humanitarian visas, ensure safe passage for the family out of Afghanistan, and board one of the last remaining commercial flights departing from Kabul. She and her family have now successfully relocated to the United States, and the Foundation has helped find housing, furniture, essentials, and helped enroll the children in school.

The PenFed Foundation is currently working with an engaged fraternity of female soldiers and U.S. veterans of the U.S. Army Cultural Support Team (CST), who served alongside Special Operations Forces in Afghanistan – and worked tirelessly to evacuate the Afghan women who fought alongside them. Thanks to the tireless efforts of the CST, they were able to evacuate 30 Afghan women soldiers and their families to United States, with several others on the way. The PenFed Foundation Rescue and Resettlement in Afghanistan program provides these intrepid Afghan women and their families with the essential support they need to resettle in our communities.

“The PenFed Foundation is proud to support the Afghan women who have supported us when we needed it,” said the President of the PenFed Foundation and the retired US Army General. John nicholson. “The PenFed Foundation Rescue and Resettlement in Afghanistan program will also support a small but powerful network of American ESCs to continue their service and mission, helping their Afghan sisters rebuild their lives in a country full of hope and of opportunities.

Catherine herridge, an award-winning CBS senior investigative correspondent and wife and mother of military personnel, hosted the Washington area’s premier fundraising event for our nation’s defenders. This is the sixth consecutive year that the event has raised more than $ 1 million.

This year’s winners:

  • Veteran Entrepreneur Champion AwardRoland smith was honored for his drive, tenacity and passion, qualities unique to all who have served our country in uniform. Smith is an Army veteran known as the King of CEO Turnaround, and he’s breathed new life into businesses, including Wendy’s and Office Depot, while maintaining a commitment to character and hard work.
  • Military hero award – The Department of Veterans Affairs (VA) was honored for meeting the needs of our country’s military families and providing them with the help, hope and honor they deserve. Former Secretary of the Department of Veterans Affairs, Secretary Jim nicholson accepted the award on behalf of the VA.
  • Corporate Hero Award John and Michelle Flynn were honored for their continued support and extraordinary dedication to the military community. John is the founder of the successful automated lending company, Open Lending, and Michelle is an accomplished businesswoman and passionate horsewoman.

The PenFed Foundation, a national 501 (c) 3 organization founded by the PenFed Credit Union, was established in 2001 and since then has provided more than $ 40 million in financial support to veterans, serving members, families and caregivers. Those interested in supporting the PenFed Foundation’s mission to help the military community and their support network are encouraged to visit

About the PenFed Foundation
Founded in 2001, the PenFed Foundation is a national, non-profit organization committed to empowering military service members, veterans, and their communities with the skills and resources to achieve financial stability and opportunity. It equips military personnel, veterans, their families and support networks with the skills and resources they need to improve their lives through financial education, home ownership, entrepreneurship, and other programs. veterans and short-term aid. Affiliated with PenFed Credit Union, the Foundation has the resources to effectively reach military communities across the country, build strong partnerships, and engage a dedicated corps of volunteers in its mission. The credit union funds Foundation staff and most operational costs, demonstrating its strong commitment to the programs offered by the Foundation. To learn more, visit

PenFed SOURCE Foundation

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