Scholarships applications are now open!
Deadline for submissions for the 2023/2024 academic year is March 31, 2023. Details ▸

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

WAVY-TV 10 logo ACT Grant Winner Featured on the Evening News 2 months ago BayPort Credit Union and HII’s Newport News Shipbuilding division announced the awarding of the $500,000 Accelerating Change Together (ACT) Grant to the Virginia Beach Education… .
ACT Grant winner $500,000 ACT Grant Awarded to Fund New Virginia Beach City Public Schools Renewable Energy Technologies Program 2 months ago BayPort Credit Union and HII’s Newport News Shipbuilding division announced today the awarding of the $500,000 Accelerating Change Together (ACT) Grant to the Virginia Beach… .

The next Charity Golf Classic tees off on April 27, 2023!

This spring, join us for our 2nd annual charity golf tournament at the James River Country Club in Newport News. BayPort Credit Union pays all the overhead to ensure that 100% of the contributions support the Foundation’s 501(c)(3) mission. Sponsorships available!

More about the event ►

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

Invested in your continued education.

Everyone deserves to be happy, healthy, and financially wise.

high school seniors

High School Seniors
View scholarships ▸

college students

College Students
View scholarships ▸

working adults

Working Adults
View scholarships ▸

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$100,000 in college scholarships.

The Foundation offers 11 different scholarships to high school seniors, college students, and full-time working adults going back to school.

Submissions for the 2023/2024 academic year are now open.
Deadline for applications is March 31, 2023.

High School Seniors

Beard/Bennett Memorial Scholarship

Awarded annually to 6 high school seniors. Winners receive a $8,000 scholarship ($2,000 each year for four years to an accredited college or university).

 
Apply Now ▸

High School Seniors

George R. Dudley, Jr. Scholarship

Awarded annually to one BayPort Credit Union employee high school senior dependent. Winner receives a $8,000 scholarship ($2,000 each year for four years to an accredited college or university).

Apply Now ▸

High School Seniors

SRCU Teller Scholarship

$1,000 one-time scholarship awarded annually to 6 high school seniors currently enrolled and working within BayPort’s SRCU program to attend an accredited college or university, trade, or vocational school.

Apply Now ▸

High School Seniors

SRCU Member Scholarship

$1,000 one-time scholarship awarded annually to 6 high school seniors currently attending a BayPort SRCU participating high school. The funds can be applied to an accredited college or university, trade, or vocational school.

Apply Now ▸

College Students

Directors Scholarship

$2,000 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.

 
Apply Now ▸

College Students

Burton P. Hill Scholarship

$2,000 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.

Apply Now ▸

College Students

Donald I. Steppe Memorial Scholarship

$2,000 one-time scholarship awarded annually to a Virginia Peninsula Community College graduate pursuing a baccalaureate degree at a four-year college or university.

Apply Now ▸

College Students

McGee Family Scholarship

$2,000 one-time scholarship awarded annually to a student attending the Virginia Peninsula Community College Early Childhood Development program.

 

Apply Now ▸

College Students

Rowe Family Scholarship

$2,000 one-time scholarship awarded annually to a college student, rising junior or senior pursuing a baccalaureate degree at a four-year college or university, majoring in computer/information science or electrical engineering, or a student pursuing a Master of Divinity degree.

Apply Now ▸

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.

Apply Now ▸

Working Adults

Tuition Booster Scholarship

$1,000 one-time scholarship awarded annually to 6 full-time working professionals currently enrolled full or part-time in an accredited college or university, trade, or vocational school.

 

 
Apply Now ▸

Applications are 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.

benefactor logos

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.

There are many ways to contribute! We’re accepting donations below for the Legacy Giving Program that honors those who share our mission and philanthropic efforts. Contact us to learn more about tax-deductible donations and corporate sponsorships.

Donate now

The BayPort Foundation is a 501(c)(3) nonprofit organization, and donations are tax-deductible. A copy of the current financial statement is available upon written request from the Virginia Office of Charitable and Regulatory Programs. EIN# 85-3902631

(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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