BayPort Foundation
Demonstrating our credit union philosophy of “people helping people,” the BayPort Foundation raised nearly $160,000 for our community in its inaugural year.
Contact usScholarships are now open!
Deadline for submissions for the 2022/2023 academic year is March 31, 2022. Details ▸
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.
The BayPort Foundation Raises Nearly $160,000 in its First Year Launch 2 months ago In its first year, the BayPort Foundation has raised $158,875 to support student scholarships and educational grants in the Greater Hampton Roads area. This incredible… .
BayPort Foundation Announces Official Crawlin’ Crab Race Weekend Sponsors 5 months 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… .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
Invested in your continued education.
Everyone deserves to be happy, healthy, and financially wise.
High School Seniors
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College Students
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Working Adults
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$100,000 in college scholarships.
The Foundation offers 10 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.
Submissions for the 2022/2023 academic year are now open!
High School Seniors
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).
High School Seniors
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).
High School Seniors
SRCU Teller Scholarship
$1,000 one-time scholarship awarded annually to 13 high school seniors currently enrolled and working within BayPort’s SRCU program.
High School Seniors
SRCU Member Scholarship
$1,000 one-time scholarship awarded annually to 13 high school seniors currently attending a BayPort SRCU participating high school.
College Students
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.
College Students
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.
College Students
Donald I. Steppe Memorial Scholarship
$2,000 one-time scholarship awarded annually to a Thomas Nelson Community College graduate pursuing a baccalaureate degree at a four-year college or university.
College Students
McGee Family Scholarship
$2,000 one-time scholarship awarded annually to a student attending the Thomas Nelson Community College Early Childhood Development program.
Working Adults
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.
Working Adults
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.
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.
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.
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.)
Donate to the BayPort Foundation.
Reach out to make a contribution to support financial wellness.
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