PenFed Foundation raises nearly $1.4 million for military community and announces Shashi Vohra as President

Night of Heroes Gala Honors Retired Four-Star General John W. Nicholson, Jr., Chief Master Sergeant of the Air Force Joanne Bass, and Mary Boies and Sisters of Service for Extraordinary Support of Military Heroes

TYSONS, VA (May 26, 2022) — The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, today announced it raised nearly $1.4 million at its 18th Annual Night of Heroes Gala held May 21. The PenFed Foundation also named acting President Shashi Vohra as President during the event. Vohra serves as PenFed Credit Union senior executive vice president and president of affiliated businesses.

“The PenFed Foundation is proud to celebrate over 20 years of serving the brave men and women who defend our nation and the generosity and patriotism of our donors for supporting our military community,” said PenFed Credit Union President/CEO and PenFed Foundation CEO James Schenck. “We are thrilled to announce Shashi Vohra as president of the PenFed Foundation. Shashi has played an important role in PenFed Credit Union’s success for over 42 years and brings his outstanding talents and passion for serving others to the PenFed Foundation.”

Left to Right: Shashi Vohra, PenFed Foundation President and PenFed Credit Union Senior EVP/President, Affiliated Businesses; three members of the Sisters of Service; JoAnne Bass, Chief Master Sergeant of the Air Force; Rebekah Edmondson, PenFed Foundation Afghan Rescue and Resettlement Program Manager; Deborah James, PenFed Foundation Chairwoman of the Board of Directors and former Secretary of the Air Force; John W. Nicholson, Jr., Retired Four-Star General and Lockheed Martin Chief Executive for Middle East.


Celebrity Chef Andre Rush, the event emcee, with PenFed Credit Union Chairman of the Board of Directors and member of the PenFed Foundation Board of Directors, Ed Cody.

About 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 realize financial stability and opportunity. It provides service members, veterans, their families and support networks with the skills and resources they need to improve their lives through programs on financial education, homeownership, veteran entrepreneurship and short-term assistance. Affiliated with PenFed Credit Union, the Foundation has the resources to effectively reach military communities across the nation, build strong partnerships, and engage a dedicated corps of volunteers in its mission. The credit union funds the Foundation’s personnel and most operational costs, demonstrating its strong commitment to the programs the Foundation provides. Equal Housing Opportunity. To learn more, visit


Ben Gerow

Senior Account Manager

More News