History

NWFCU Foundation:

• Incorporated in December 2004 to promote and manage the Credit Union’s philanthropic activities.
• Became a proud sponsor of the Credit Union Cherry Blossom Ten Mile Run in April 2005.
• Awarded its first scholarships through the Ben DeFelice Scholarship Program in June 2005.
• Donated first disaster relief grant to the National Credit Union Foundation Disaster Relief Fund in response to Hurricane Katrina in September 2005.
• Received 501(c) 3 designation from the Internal Revenue Service in July 2006.

Our relationship to Northwest Federal Credit Union
Northwest Federal Credit Union (NWFCU), a not-for-profit financial cooperative, has served the financial needs of select government employees since 1947. Dedicated to expanding the benefits of credit union membership to others in the community, in 1999, NWFCU diversified its membership to include local employers and their employees. The credit union now serves more than 400 select employer groups in Northern Virginia and has nearly 90,000 members.

In 2004, NWFCU’s Board of Directors authorized the creation of the Northwest Federal Credit Union Foundation. The NWFCU Foundation has a separate Board comprised of appointed volunteers responsible for the Foundation’s oversight and fiscal responsibility of the charitable programs endorsed by NWFCU. The NWFCU Foundation offers NWFCU employees and its members the opportunity to participate in and/or donate to the Credit Union’s various philanthropic activities.