WASHINGTON, Jan. 25, 2017 /PRNewswire-USNewswire/ -- The Foundation for Financial Planning has announced that it will reward grants to sixteen nonprofit organizations that are working to deliver pro bono financial planning to populations who could not otherwise afford or access such services. Benefiting clients include military veterans, active service members and their spouses, seniors and family caregivers, low-income single parents, domestic violence survivors and more.
In 2017, grant funds from the Foundation for Financial Planning will support the following organizations:
- Adult Student Outreach at the University of Wisconsin-Whitewater in Whitewater, WI
- Association for Financial Counseling and Planning Education (AFCPE) in Westerville, OH
- Bridges to Independence in Arlington, VA
- Britepaths (formerly Our Daily Bread, Inc.) in Fairfax, VA
- Conejo Valley Senior Concerns in Thousand Oaks, CA
- Family Scholar House, Inc. in Louisville, KY
- GreenPath, Inc. in Farmington Hills, MI
- Habitat for Humanity of Greater Los Angeles in Bellflower, CA
- Indianapolis Neighborhood Housing Partnership, Inc. (INHP) in Indianapolis, IN
- Institute of Gerontology Wayne State University in Detroit, MI
- Kentucky Coalition Against Domestic Violence in Frankfort, KY
- Making a Difference Foundation in Seattle, WA
- Midas Collaborative in Allston, MA
- NCEF-NAPFA Consumer Education Foundation in Chicago, IL
- San Diego Financial Literacy Center in San Diego, CA
- Working in Support of Education in New York, NY
"We see veteran students all the time for whom small financial mistakes have had an unfortunate ripple effect on their lives and the lives of their family members," says Dr. Lauren Smith, Director of Adult Learning at the University of Wisconsin-Whitewater. "Support from the Foundation for Financial Planning will allow us to create more opportunities for one-on-one financial planning that will empower our students and community members to make educated decisions about how to reach their goals and better care for themselves and their families."
Mary O'Doherty, Deputy Director of the Kentucky Coalition Against Domestic Violence, says it's not unusual to hear about survivors who have no information about their own finances. "Their perpetrators keep financial information from them and use it as another way to control them. I've watched survivors work one-on-one with financial planners, and I've seen how much they appreciate the opportunity to learn and grow. For many survivors, these sessions are the beginning of their journey to economic empowerment and self-sufficiency, and we're so grateful to the Foundation for Financial Planning for helping fund this critical program."
Funding for these organizations is part of more than $400,000 in grants that the Foundation will issue in 2017, an important step in helping the Foundation achieve its vision to dramatically increase impact over the next three years. "Now more than ever, we are focused on impact: reaching more people in need with quality financial advice," says Jon Dauphine, Executive Director of the Foundation for Financial Planning. "We feel that this is a stellar lineup of grantees, all dedicated to advancing this vision by building pro bono financial planning programs that will reach far into their organizations and communities."
The Foundation also announced last week that it has opened applications for 2018 grants, which will support worthy programs delivering pro bono financial planning to populations who could not otherwise afford of access financial planning services. Eligible 501(c)(3) nonprofit organizations are invited to apply by visiting FoundationForFinancialPlanning.org/grants-and-programs. The applications will be open until April 30, 2017.
About the Foundation for Financial Planning
The Foundation for Financial Planning, a 501(c)(3) charitable organization, is the nation's only nonprofit solely devoted to supporting the delivery of pro bono financial planning to vulnerable people, including wounded veterans, domestic violence survivors, people with serious medical diagnoses, and many others. Dedicated to Powering Pro Bono Financial Planning, the Foundation has provided more than $6 million in grants to community-based nonprofits to support local programs; worked with partners to activate more than 15,000 volunteer financial planners to serve their communities; and acted as a leader and catalyst to embed a rich tradition of and commitment to pro bono across the financial planning profession. Visit FoundationForFinancialPlanning.org to learn more.
Director, Program Outreach
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SOURCE Foundation for Financial Planning