The PenFed Foundation is mobilizing to support the families of American soldiers rapidly deployed to Europe due to the Russian-Ukrainian conflict

TYSONS, Virginia, February 24, 2022 /PRNewswire/ — The PenFed Foundation, a national 501(c)3 organization founded by PenFed Credit Union, today announced a grant to support members of the Fort Bragg family impacted by recent rapid deployments in Europe due to the Russian-Ukrainian conflict. The grant will fund the Feb. 26 Meet Us at the Park event at Rick’s Place that will provide 450 military family members with an afternoon filled with free fun activities, music and food.

“The PenFed Foundation is proud to support our military heroes and their families,” said James Schenck, CEO of PenFed Credit Union/PenFed Foundation Chairman and CEO. “Every time our brave men and women in uniform are deployed, their loved ones back home have to make great sacrifices. We support these family members and hope that the Rick’s Place event will provide them with support, comfort and the opportunity to bond. meaningful connections and relieve stress.”

The private Meet Us at the Park event will take place Saturday February 26 at Rick’s Place, a 50-acre interactive green space 5.5 miles from Fort Bragg managed by the Rick Herrema Foundation. The Rick Herrema Foundation, named after U.S. Army Sgt. 1st class Rick Herremastrengthens relationships and builds community for the military family through fun, quality activities.

Aabout the PenFed Foundation
Founded in 2001, The PenFed Foundation is a national nonprofit organization committed to empowering military service members, veterans, and their communities with the skills and resources to achieve financial stability and opportunity. It provides military members, veterans, their families and support networks with the skills and resources they need to improve their lives through programs on financial education, home ownership, entrepreneurship veterans and short-term assistance. 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 volunteer corps in its mission. The credit union finances the Foundation’s staff and most of the operating costs, which demonstrates its strong commitment to the programs offered by the Foundation. Equal opportunity in housing. To learn more, visit

SOURCE PenFed Foundation

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