Financial Planners called on to help award philanthropic grants

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Future2 opens 2014 grants to applications, committing $70,000

Corinna Dieters

Corinna Dieters

Regional Chapters of the Financial Planning Association (FPA) are being called on to help allocate $70,000 worth of grants, based on their strong community roots and local knowledge.

Marking a new decision-making process for the Future2 ‘Make a Difference’ grants, the Regional Chapters will be involved in appointing the final grant recipients and reviewing eligible applications to determine the most deserving applicants in line with Future2’s objectives.

The Chapters’ shortlists will be forwarded to the Future2 Grants Committee. As in previous years, the Future2 board will make the final decision on grants based on the recommendations of the Grants Committee.

Community not-for-profits and charities working to give a better future to young Australians who are living with disadvantage – including homelessness, addictions, social exclusion, poverty and disability – are invited to submit applications during this four month window in an attempt to access a share of the $70,000 grant pool.

Applications may be made between 1 April and 31 July and must have the support of a financial planning professional who is a member of the Financial Planning Association .

Future2 has made further changes this year to the structure and process of the grants. According to Corinna Dieters, Chair of the Future2 Grants Committee the changes are aimed at building longer term relationships with organisations that receive funding; making it quicker to complete applications; and increasing the involvement of financial planners in the review process.

“We recognise the value to not-for-profits and charities in having greater certainty of funding for certain programs and so for the first time we will include grants of up to $30,000 made over a three year period, as well as continuing our practice of making one-year grants of up to $10,000 for one year only. Applicants may select whichever is most appropriate to their needs.

“With seven years of grant-making experience and steadily increasing numbers of applications from all over Australia, we decided to streamline the process with a shorter application for online completion. Shortlisted applications will be invited to follow up with greater detail about the project for which funding is being sought.

“We are very happy to have those regional FPA Chapters who are close to the communities in which they work and live involved in the decision making this year. There is a clear synergy with this grant program and financial planners who are looking to improve the financial situation of clients each and every day.”

2014 Make the Difference! Grants will be announced in Adelaide at the FPA Professionals Congress, 20-21 November.

Since 2007, Future2 has awarded grants of more than $300,000 to community not-for-profits and charities working to give a better life to thousands of young people who, through no fault of their own, are in need and at risk.

Click here to apply online

 

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