Virginia
The PenFed Foundation
The PenFed Foundation, based in Virginia, backs pre-seed and seed startups as a generalist follower, typically investing after other investors.
Entry stagePre-seed, Seed
Check sizen/a
Leads roundsMostly follows
FocusGeneralist
Latest fundn/a
Investing team2 peopleNo activity since Sep
Who you would pitch at The PenFed Foundation
2 people on the investing team. Partners are listed first.
James SchenckCEOHe has led PenFed since April 2014, growing assets and membership, and has 20 years on the leadership team.
Andrea McCarrenInvesting team
Work here and something is wrong? Ask for a correction.
Check size not reported yet.
Bars: how many firms in the atlas report each band. Highlighted: this firm.No recent activity since September 2026. Quiet does not mean closed.
Weekly count of activity updates. Activity is not a confirmed deal.In their words
Home -Our mission is to champion our military through investment, advocacy and outreach. PenFed Credit Union generously covers most of the administrative costs and salaries of penfedfoundation.org
Send Mode VC your deck
Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.
Send your deckAlert me when The PenFed Foundation is active
One email when this firm shows new activity. Nothing else.
On these lists
Questions
What stage does The PenFed Foundation invest in?
The PenFed Foundation reports entry at pre-seed, seed.
How much does The PenFed Foundation invest?
The PenFed Foundation has not reported a check size.
Does The PenFed Foundation lead rounds?
The PenFed Foundation mostly follows other investors.
Who are the partners at The PenFed Foundation?
James Schenck, Andrea McCarren.
Is The PenFed Foundation active right now?
No recent activity since September 2026.
Work at The PenFed Foundation? Claim or correct this profile.