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 The Foundation was first set up by James Cash Penney in 1960.  At that time,  Mr. Penney was made aware of  Penney associates that had come across hard times and were having financial difficulties.  To date, the Foundation has distributed over five million dollars in assistance.

The Foundation relies on donations from retired associates to help keep the Foundations financially healthy.  During these times of various problems caused by COVID-19, we are experiencing a large increase of associates that are in need of assistance.

Your help is needed now.  Please donate with a one time contribution or an ongoing  monthly amount at the link below.

About

HCSC Foundation was created for the sole purpose of assisting JC Penney associates that have fallen on hard times. In 1959 the HCSC club held its first national convention in Denver in honor of Mr. Penney’s 84th birthday. During the convention it was mentioned that there were many retired associates who were possibly in need of financial assistance. It was decided that a foundation would be established to provide assistance to qualified associates.

Mr. Penney made a sizable contribution and over the years HCSC members have also been generous with their donations.

Assistance is given as determined by the Foundation board that is made up of retired associates who volunteer their time. Requirements for assistance is any retired associate of the JCPenney Company or their spouse, should the associate be deceased, who is at least 60 years of age with 20 years of service. Most assistance is given to associates that currently have a negative cash flow and very much in need of help in meeting their basic needs. Some are in nursing homes and require extended care. The foundation is currently providing assistance for more than 80 associates and has provided more than $6.0 million to qualified associates in need.

Board of Directors

 OFFICERS

  Chairman

    Ron Salzetti

  Vice Chairman

    Jeff Paige

  Secretary/Treasurer

    Larry Noble

  BOARD OF DIRECTORS

  Roger Hanson

  Mark Schultz

  Jeff Paige

  Alan Rogers

  Steve Workman

  Larry Noble

  Tony Zarifis

  Ron Salzetti

  Ross Willour

  Wayne Harmon

  Ron Rhoads

Lucy Rau

 Emeritus Director

   Stan Newton

Ex Officio Member

  Jim McKeown

HCSC CLUB REPRESENTATIVES

 Deep South/Florida

Karen Witt 

 Southeastern 

 Ed Savold 

 Heart of America 

 Harry Rediger 

 Indiana 

 Deryl Benz 

 Mason-Dixon 

 Harry Smart 

 Mile High Denver 

 Ed Trujillo 

 Nebraska-Iowa 

 Richard Fry 

 North Central 

 Tom Clarke 

 Northern CA/Nevada  Hal Monroe 

 Northwest 

 Phil Shama 

 Ohio 

 Ben Preston 

 Salt Lake/Rocky Mtn  Jerry Castleton 

 Southern California  Ron Salzetti 

 Southwest 

 Al Bell 

 Valley of the Sun 

 John Henderson