Our mission is to enrich our members’ and communities’ lives by providing financial support to promote wellness and education.
Why the Foundation?
At the BayPort Foundation, every penny received goes to support programs. BayPort Credit Union pays all the overhead to ensure that 100% of the contributions support the Foundation’s mission.
The Foundation offers grants and contributions to 501(c)(3) nonprofits and individuals. Our mission focuses on four philanthropic efforts: educational scholarships, financial literacy education, promoting family health and wellness, and hardship and emergency assistance.
BayPort Credit Union Wins First in Financial Education, Community Outreach 4 months ago BayPort Credit Union has won in all four award categories in the 2020 Social Responsibility Awards sponsored by the Virginia Credit Union League (VACUL) and… .
BayPort Awards Scholarships to 16 College Students, Working Adults, and 24 High School Seniors 7 months ago BayPort Credit Union announced it has awarded scholarships to 16 college students and working adults, and 24 high school seniors. Awarding over $100,000 in scholarships… .Meet our Board of Directors.
Foundation Board members are elected, and all positions are unpaid volunteer positions.
Jim Mears
President & Chairman
Ray Bagley
Vice President & Vice Chairman
Jennifer Coyne
Secretary/Treasurer
Mary Cullen
Director
Ira Williams
Director
Nancy Porter
Executive Director
Over $90,000 in college scholarships.
The Foundation offers 8 different scholarships to the communities BayPort serves, including high school seniors, participating Student-Run Credit Unions (SRCUs) high school seniors, college students, and full-time working professionals going back to school.
Beard/Bennett Memorial Scholarship
Awarded annually to 6 high school seniors. Winners receive a $6,000 scholarship ($1,500 each year for four years to an accredited college or university).
George R. Dudley, Jr. Scholarship
Awarded annually to one BayPort Credit Union employee high school senior dependent Winner receives a $6,000 scholarship ($1,500 each year for four years to an accredited college or university).
Directors Scholarship
$1,500 one-time scholarship awarded annually to 7 full-time undergraduate or graduate members currently enrolled in an accredited college or university, trade, or vocational school.
Burton P. Hill Scholarship
$1,500 one-time scholarship awarded annually to one BayPort Credit Union employee dependent and full-time undergraduate or graduate currently enrolled in an accredited college or university, trade, or vocational school.
SRCU Teller Scholarship
$1,000 one-time scholarship awarded annually to 13 high school seniors currently enrolled and working within BayPort’s SRCU program.
SRCU Member Scholarship
$1,000 one-time scholarship awarded annually to 13 high school seniors currently attending a BayPort SRCU participating high school.
Tuition Booster Scholarship
$1,000 one-time scholarship awarded annually to 6 full-time working professionals currently enrolled in an accredited college or university full or part-time.
Wiatt Memorial Apprentice
School Scholarship
$2,000 one-time scholarship awarded annually to 3 Apprentice School graduates still employed by or on educational leave from Newport News Shipbuilding who wish to pursue full or part-time study at an institution of higher education toward completing an associate, baccalaureate, or graduate degree.
Applications will be evaluated on the following criteria: GPA, academic achievements, financial need, school and community involvement, and a written essay. Applicants must be pursuing a degree or certification at an accredited college, university, or technical school.
Submissions for the 2021/2022 academic year are due by March 31, 2021
Programs for people helping people.
The Foundation is dedicated to the credit union philosophy of “people helping people.” As the philanthropic arm of BayPort Credit Union, we focus on wellness and education. Become an essential part of this tradition by becoming a BayPort Foundation donor.
Leave a lasting legacy.
The Foundation Legacy Giving Program honors those who share our commitment and philanthropic efforts. Consider including the Foundation and the vital work we do in your financial plans:
- Include a bequest in your estate planning document.
- Designate the BayPort Foundation as a full, partial, or contingent beneficiary of your retirement account.
- Name the BayPort Foundation as a beneficiary of your life insurance policy.
- Utilize an IRA Tax-Free Charitable Rollover. (Contact your tax advisor to explore directing your IRA’s mandated distribution to the BayPort Foundation.)
Raise funds to fuel our mission.
Knowing the vital importance of community, the BayPort Foundation will host an inaugural family-friendly fundraising event. We look forward to announcing our plans in spring 2021.
Our corporate sponsors are an important part of our mission. Their ongoing generosity allows us to expand our reach even further into our community. Contact us to learn more about major gifts and corporate sponsorships.
Donate to the BayPort Foundation.
Reach out to make a contribution to support financial wellness.
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