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Veteran Entrepreneur Investment Program

The Veteran Entrepreneur Investment Program (VEIP) supports Veteran entrepreneurs.
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The Military Heroes Fund helps the wounded, ill and injured service members of Iraq and Afghanistan.
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The Asset Recovery Kit (ARK) provides a no-interest alternative to predatory lending.
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The Dream Makers Program offers grants to first-time homebuyers.
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Learn More About the Foundation

Click below to see the work we do each day on behalf of service members, veterans, and their families.


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Text "DUTY" to 85944 to donate $10 to the PenFed Foundation. Reply 'yes' to confirm your donation.

One-time donation of $10 will be added to your mobile phone bill. Msg & data rates may apply. Available on Verizon Wireless, AT&T, Sprint, T-Mobile. Must be 18 or older and have authorization of account holder. Donations benefit The PenFed Foundation, collected by Innogive Foundation. Terms: Privacy policy: Text STOP to 85944 to stop; Text HELP to 85944 for help.

You Donate, PenFed Credit Union Matches - Join Us in Honoring Our Veterans this Independence Day!

2018 Greater Omaha Military Heroes Golf Classic

Support our military heroes in honor of Independence Day next week and donate to the PenFed Foundation. PenFed Credit Union is matching up to $1 million.

Make your donation now!

2018 Military Heroes Golf Classic at Congressional Country Club Raffle - Enter Now!

2018 Greater Omaha Military Heroes Golf Classic

Raffle tickets are now available for two to play golf at the Military Golf Classic on September 24, a one-night stay at Congressional Country Club on September 23 or 24, and a $1,000 gift card.

Buy your raffle tickets now!

2018 Omaha Military Heroes Golf Classic

2017 Thank You

Thank you for your support at the Greater Omaha Military Heroes Golf Classic. We were able to raise nearly $25,000 to benefit military heroes and charities in the Greater Omaha area.

PenFed Foundation and Humble Design Help a Veteran in Need

Humble Design and PenFed Foundation

Humble Design and PenFed Foundation recently teamed up to furnish a home for a family in need. “No American—particularly one who has served in uniform—should have to go without a place to call home," said PenFed Foundation President and CEO James Schenck. “There are plenty of organizations such as Humble Design that want to help, and the PenFed Foundation is playing a key role by bringing them together to ensure more veterans are able to secure their finances and find safe places to live.”

Click here to watch the video. 

Disabled American Veterans Program


With grant funds from the Disabled American Veterans Charitable Trust, the PenFed Foundation launched a partnership with the Disabled American Veterans to provide emergency financial assistance and financial counseling services to veterans from all wars and all eras.

This program expands upon the existing Military Heroes Fund program. This enables us to offer financial support and counseling services to veterans of all wars, all eras—effectively supporting all of our Nation’s heroes.

Innospec Proudly Supports Our Military Heroes Fund


Innospec, customers and suppliers demonstrate ongoing support for PenFed Foundation Military Heroes Fund. Nearly $70,000 was raised and donated to the Foundation as a result of a golf tournament hosted by Innospec in Colorado this August. To read more click here

Military Heroes & Their Families - Free Job Search Assistance


CareerArc has partnered with Pen Fed Foundation to bring innovative job search assistance to all military heroes and their families. This online suite focuses on resume building, assessments, interview practice, research tools and much more.

Click here to register and kickstart your career transition.

How is the PenFed Foundation Different?

We create a pathway for our nation's defenders to secure a strong future through financial education, credit-building, home ownership, and short-term assistance. All of our programs include an element of financial education.

Help Us Help Veterans

  • Avoid predatory payday lenders. Our ARK program helps active military who need a loan up to $500 with a fee of just $5.
  • Recover from an emergency. Our Military Heroes Fund gives emergency assistance to military members who have served since 2001 in Iraq or Afghanistan. 
  • Buy their first home. Our Dream Makers program provides a $5,000 grant to first-time home buyers for their down payment and closing costs.

Become a Partner

  • Help us fight predatory lending!  We partner with credit unions across the country to offer the Asset Recovery Kit (ARK) program.
  • Partner with us to benefit military heroes at an event hosted by you or your organization.
  • Donate to support military families and veterans.