Pentagon FCU’s Raises $25,000 For Wounded Vets

ALEXANDRIA. Va. – Pentagon FCU said its PenFed Foundation raised $25,000 at the 2010 Annual Innospec Fuel Specialties Golf tournament in Lone Tree, Colo.

The tournament brought in $15,000 and generated an additional $5,000 in on-the-spot donations, as well as a donation of $5,000 from U.S. Bank.

All of the money raised will be used to support the PenFed Foundation’s Military Heroes Fund to help meet the needs of wounded soldiers that cannot be met by the Department of Defense or Veterans Affairs.

Last year the foundation’s Military Heroes Fund paid $225,000 in bills to help families of the wounded overcome financial emergencies and subsidized $25,000 in day care costs at military hospitals for children of the wounded.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER