PenFed Foundation aids veterans with disaster relief grants after Hurricane Helene

In October 2024, the PenFed Foundation, based in the United States, announced the provision of over 100 emergency disaster relief grants to veterans and military families affected by Hurricane Helene. This initiative comes in response to the severe flooding that impacted North Carolina, highlighting the urgent need for financial assistance among military families during this crisis. PenFed Foundation President Andrea McCarren emphasized the organization's commitment to supporting these families as they navigate the recovery process. The Foundation has a history of providing substantial financial support, having contributed over $55 million to veterans and military families since its inception. The PenFed Credit Union covers the operational costs of the Foundation, ensuring that donations directly benefit those in need. The Foundation continues to seek donations to expand its support for military families during this critical time.