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Visa Inc. to Receive Corporate Hero Award at PenFed Foundation's 10th Annual Night of Heroes Gala

Company to be honored for its work helping veterans

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WASHINGTON - May 9, 2014 (www.investorideas.com newswire) The Pentagon Federal Credit Union Foundation (PenFed Foundation) announced today that Visa Inc. will receive the Corporate Hero Award at this year's 10th Annual Night of Heroes Gala, "Welcome Home: Supporting Warriors in Transition." The event, which will be held on Wednesday, May 14 at the National Building Museum in Washington, D.C., will honor those who have demonstrated leadership in providing support and services to our returning military, veterans, and their families.

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"This year's guests have worked tirelessly to help support our men and women in uniform," said Jane Whitfield, president and chief executive officer of the PenFed Foundation. "We are proud to have them join us for one night to honor their work and the service of our nation's military."

Since 1995, Visa has been working to help consumers and students of all ages, especially members of the military community, learn the building blocks of personal finance. It has partnered with educators, leading consumer advocates, and financial institutions across the nation to develop its Practical Money Skills program, an online resource focused on providing financial literacy education.

Notable guests attending this year's gala include Secretary of the Air Force Deborah Lee James; retired U.S. Navy Vice Admiral Norbert R. Ryan, Jr., president and CEO of the Military Officers Association of America; and Joyce Wessel Raezer, executive director of the National Military Family Association, and Mary Scott, chair of the association's board of governors.

(Ret.) Gen. Daniel W. Christman, senior vice president for international affairs at the U.S. Chamber of Commerce, will present the Corporate Hero Award and Lee Woodruff, author and founder of the Bob Woodruff Foundation, will serve as the emcee. Deidra Lee Stubbs of the American Military Spouses Choir and the Virginia Grand Military Band will provide the evening's entertainment.

"Visa is honored to be the recipient of the Corporate Hero Award," said Robert B. Thomson, vice president of U.S. government relations for Visa Inc. "We thank the PenFed Foundation for all of its impactful work in providing support and services to our returning military, veterans and their families and we look forward to continuing our partnership in providing financial literacy programs together."

The Night of Heroes Gala, a black tie or military dress occasion, will begin at 6 p.m. at the National Building Museum in Washington, D.C., on Wednesday, May 14, with a reception and live auction followed by dinner and the program. The location of this year's gala is especially significant because the National Building Museum is located in a historic structure built in the 1880s for a government agency helping Civil War veterans.

"The gala is always a special evening, but this year's event promises to be one of the most exciting in the 10 years we've held it," added Whitfield. "Thanks to our supporters we are planning an extraordinary night for our guests to remember as we honor those that have gone above and beyond to support our men and women in uniform, even long after they've returned."

Sponsors of this year's gala include event underwriter PSCU; corporate circle of honor sponsors APi Group Inc., The Niner Foundation, TrueCar, Inc., and UnitedHealthcare Military & Veterans; and legendary hero sponsors Alliant Techsystems, Inc. and Allied Solutions.

About the Pentagon Federal Credit Union Foundation (the PenFed Foundation)

The PenFed Foundation is a nationally recognized nonprofit organization working to meet the unmet financial needs of military members and their families through supporting wounded warriors and providing the military community with financial management assistance and home ownership aid. Through a unique public-private partnership, the PenFed Foundation joined with the Department of Veterans Affairs to fund the new Lee and Penny Anderson Defenders Lodge, a $17 million project. PenFed (Pentagon Federal Credit Union) covers all labor expenses for the foundation so nearly every dollar donated goes directly to supporting its programs.

To make a donation or learn more about the foundation visit: www.penfedfoundation.org.

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