Future2 opens 2016 grants to applications

From
Corinna Dieters

Corinna Dieters

Future2, the charitable foundation of the Financial Planning Association of Australia (FPA), has opened its 2016 Make the Difference! Grants to applications and called on FPA members to identify eligible not-for-profits and charities in their areas whose work for disadvantaged young Australians is deserving of support.

Applications for Future2 grants are now open and close on 1 August. The grants offer vital funds to community not-for-profits and charities working to give a better future to young Australians who are living with disadvantage – such as homelessness, addictions, social exclusion, poverty and disability. They may choose to apply for a one year grant of up to $10,000 or a multi-year grant of up to $30,000.

Corinna Dieters, Chair of the Future2 Grants Committee, said: “We want FPA members to take ownership of the grant application process by identifying local not-for-profits and charities that have a strong track record and high quality programs for young people aged 12-15 years who need a helping hand to turn around their lives. The financial planners will invite the not-for-profit to complete the grant application, support it with a personal statement and submit to Future2”, she said.

The financial planner may be someone who is already involved with the grant applicant through mentoring, a board directorship or in some other voluntary capacity. Community organisations that have no existing relationships are encouraged to get in touch with an FPA member well ahead of the closing date for applications.

Future2 Chair, Matthew Rowe CFP®, restated the Board’s commitment to increasing its corpus to $2 million by 2017 and to increasing grant commitments year on year, drawing on the income from Future2’s investments. The funding for new grants in 2016 will be determined by the Board later this year and will be in addition to the $77,500 already committed to recipients of multi-year grants announced in 2014 and 2015.

The 2016 Future2 Make the Difference! Grants will be announced on 24 November at the Future2 Gala Dinner at the FPA Professionals Congress in Perth.

Between 2007 and 2015, Future2 has made grants totalling $613,000, giving young people who are socially isolated and financially challenged hope for a brighter future.

Find out more about Future2 grants at: www.future2foundation.org.au/grants.

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