BayPort Foundation logo

Our mission is to enrich our members’ and communities’ lives by providing financial support to promote wellness and education.

Why the Foundation?

The BayPort Foundation is dedicated to the credit union philosophy of “people helping people.” As the philanthropic arm of BayPort Credit Union, the Foundation is a nonprofit 501(c)(3) charity that focuses on wellness and education.

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.

 

fund financial wellness

Crawlin Crab Race Sponsors BayPort Foundation Announces Official Crawlin’ Crab Race Weekend Sponsors 4 weeks ago The BayPort Foundation is pleased to announce it has partnered with Cox Business/Cox Media, Newport News Shipbuilding, and Staples as official race sponsors of the… .
scholarships and grants sponsored by the BayPort Foundation BayPort Credit Union Celebrates 60 Years Awarding More Than $1 Million in Scholarship Assistance 3 months ago For the past 60 years, BayPort Credit Union has supported funding student educational pursuits. And over that time, it has awarded more than $1 million… .

Meet our Board of Directors.

Foundation Board members are elected, and all positions are unpaid volunteer positions.

Jim Mears
Jim Mears

President & Chairman

Ray Bagley
Ray Bagley

Vice President & Vice Chairman

Jennifer Coyne
Jennifer Coyne

Secretary/Treasurer

Mary Cullen
Mary Cullen

Director

Ira Williams
Ira Williams
Director

Nancy Porter
Nancy Porter
Executive Director

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$100,000 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 2 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.

Submission deadline for the 2021/2022 academic year has passed

Thank you to our inaugural benefactors.

We sincerely appreciate the individual and longtime business partners who generously support the BayPort Foundation as inaugural benefactors to support our mission. Every penny received goes to support programs. In addition, BayPort Credit Union pays all the overhead to ensure that 100% of the contributions support the Foundation’s mission.

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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.

We are excited to announce our inaugural family-friendly fundraising event, the BayPort Foundation Crawlin’ Crab Race Weekend, on October 2-3, 2021.

The Half Marathon, 5K, and Kids 1K is the perfect place to run, crawl, and SHELLebrate. Registered participants and corporate sponsors will be an essential part of making the BayPort Foundation Crawlin’ Crab Race Weekend a success.

Learn more and register for the race ▸

Donate to the BayPort Foundation.

Reach out to make a contribution to support financial wellness.

Contact us

(757) 928-8850 · (800) 928-8801

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.

Our website contains links to websites owned and operated by third parties. If you use these links, you leave our website. BayPort Credit Union has no control over the contents of such linked websites or third parties and is not responsible for these websites, their content, or availability.

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