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Foundation for Financial Planning (FFP) Annual Grant

Grants to USA Nonprofits that Provide Financial
Planning Services to Underserved Populations

Agency Type:

Foundation / Corporation

Funding Source:

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Foundation for Financial Planning (FFP)

Deadline Date:

05/01/21

Description:

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Grants of up to $40,000 to USA nonprofit organizations that offer free financial advice and services to disadvantaged populations. Funding is intended to support new or established programs, or for new financial planning elements that will enhance an existing program. Applications that touch on how the organization will provide virtual service delivery as a result of COVID-19 will be prioritized. In addition, the new Alexandra Armstrong Innovation Grant is given to a nonprofit organization that demonstrates remarkable creativity and potential for impact in its programming.

The Fund is looking to support programs that are scalable, replicable, and sustainable. Programs funded may offer one-time counseling engagements and/or ongoing coaching relationships between volunteers and clients.

Grants have supported programs helping many diverse groups, including active military members and wounded veterans, people with cancer, seniors and family caregivers, domestic violence survivors, general low-income families, and many others.

Eligible programs must: 

  1. Engage CERTIFIED FINANCIAL PLANNER professionals as volunteers. Often this may be through a local financial planning firm or through a local affiliate of a financial planning organization, such as a chapter of the Financial Planning Association.
  2. Include one-on-one engagements between financial planner volunteers and pro bono clients, fostering personalized financial planning advice and counsel.
  3. Help people in need of financial guidance or in a financial crisis who are underserved by the market and couldn’t ordinarily access quality, ethical advice.

Alexandra Armstrong Innovation Grant: In 1995, Alexandra Armstrong, CFP, was among a group of financial advisors who championed the Foundation as a way to give back to their communities and advance the financial planning profession. To recognize Alex Armstrong’s tireless dedication to advancing pro bono service, FFP created the Alexandra Armstrong Innovation Grant. The grant is awarded annually to a nonprofit organization that demonstrates remarkable creativity and potential for impact in its programming. All nonprofits that apply for FFP grants will be considered for this special grant as part of the Grants Committee’s review process. No additional action on the part of the applicant is needed.

GrantWatch ID#:

GrantWatch ID#: 180319

Estimated Size of Grant:

Annual grants are generally in the range of $5,000 to $40,000, with exceptions made for programs delivering outstanding impact.

Term of Contract:

Approved grant applicants will begin to receive funding in January of the following calendar year.

Additional Eligibility Criteria:

Any U.S.-based 501(c)(3) nonprofit that shares FFP’s commitment to helping underserved people achieve better financial stability and capability may apply.

Pre-Application Information:

Grant proposals are typically accepted from January 15th to May 1 of each calendar year via the online application portal. All applications are reviewed by the FFP Grants Committee, made up of independent financial planners and industry leaders. Approved grant applicants will begin to receive funding in January of the following calendar year.

More information:
https://www.commongrantapplication.com/grantmakers/22783/Foundation-for-Financial-Planning.html#gmkProgGrants

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Apply Online:
https://www.commongrantapplication.com/login.php?refOrgId=22783&refProgId=401&refProgType=grantsNew

Direct questions to: rroth@ffpprobono.org

Foundation for Financial Planning
1425 K Street NW, Suite 750
Washington, DC 20005
(202) 864-5183
mail@foundationforfinancialplanning.org

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

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