HCSC Foundation

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, we are still experiencing an 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.

JCPenney Alumni Club

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 and spouses 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 $8.0 million to qualified associates in need.

OFFICERS

Chairman

Ron Salzetti

Vice Chairman

 Jeff Paige

Secretary/Treasurer

Suzanne Sotelo

Larry Noble

Adviser Consultant

BOARD OF DIRECTORS

Ron Salzetti

Suzanne Sotelo

Jeff Paige

Larry Noble

Roger Hanson

Mark Schultz

Jim McKeown

Steve Workman

Betty Bidwell

Ross Willour

Vincent Caporusso

Sandy Gonzales

Lucy Rau

 Emeritus Director

 Wayne Harmon

Alan Rogers

Tony Zarifis

Ex Officio Member

  

Heart of America 

Rod Schweitzer

Indiana

William Wright Jr

Mile High/Denver

Ed Trujillo

North Central

Don Grunewald 

Northwest

Phil Shama

Ohio

Ben Preston

Southern California

Jeff Paige

Southeastern

Ed Savold

Southwest

Al Bell