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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:

04/30/20

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. 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.

FFP focuses on funding programs that enable planners to meet one-on-one with people in need so that guidance can be personalized and customized to individual circumstances, as opposed to programs that provide financial literacy in group settings without the opportunity for one-on-one interaction. 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: 

  • 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.
  • Include one-on-one engagements between financial planner volunteers and pro bono clients, fostering personalized financial planning advice and counsel.
  • 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.

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.

U.S.-based nonprofits who are assisting underserved populations and empowering them through the delivery of pro bono financial planning by unbiased and ethical financial planners are encouraged to apply.

All nonprofits that apply for FFP grants will be considered for the Alexandra Armstrong Innovation Grant as part of the Grants Committee’s review process. No additional action on the part of the applicant is needed.

Pre-Application Information:

Grant proposals are typically accepted from January 15th to April 30th of each calendar year via the online application portal. The April 30th deadline has been extended to June 1st for 2020.

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

Application tutorial (video): https://youtu.be/hCUOSnjmd0Y

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

For more information, email rroth@foundationforfinancialplanning.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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