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.
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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.
BayPort Foundation Celebrates Awarding $100,000 in Tuition Assistance to 2022 Scholarship Recipients 1 month ago Since 1961, BayPort Credit Union has supported members by funding their educational pursuits. Over that time, BayPort has awarded more than $1 million in scholarships… .
BayPort Foundation Featured on the Hampton Roads Show 1 month ago President and CEO Jim Mears shares with Chris Reckling from the Hampton Roads Show how the BayPort Foundation is making a difference in our local… .Save the date for Crawlin' Crab Race Weekend this fall!
Our family-friendly fundraising event is October 1-2, 2022. The Half Marathon, 5K, and Kids 1K is the perfect place to run, crawl, and SHELLebrate (see what we did there?). Registered participants will be an essential part of making the BayPort Foundation Crawlin’ Crab Half Marathon Weekend a success.
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 high school seniors, college students, and full-time working adults going back to school.
Submissions for the 2022/2023 academic year are closed!
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 16 high school seniors currently enrolled and working within BayPort’s SRCU program to attend an accredited college or university, trade, or vocational school.
High School Seniors
SRCU Member Scholarship
$1,000 one-time scholarship awarded annually to 16 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.
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 full or part-time in an accredited college or university, trade, or vocational school.
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.
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.)
The BayPort Foundation Charity Golf Classic was a hole-in-one!
Our inaugural golf tournament teed off on April 28, 2022, at the James River Country Club in Newport News. BayPort Credit Union paid all the overhead to ensure that 100% of the contributions support the Foundation’s 501(c)(3) mission.
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.
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
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