The Certified Financial Planner Board of Standards has allocated $456,063 in grant funding to eight projects that are “developing innovative and sustainable methods of delivering the benefits of financial planning to communities not traditionally served by the financial planning profession.”
The grant awards were made through the CFP Board’s Financial Planning Grants Program, which has provided grants totaling $1.3 million to 28 projects across the U.S. This is the second time the CFP Board has requested applications from individuals and organizations (the first was in December 2005) that aim to create projects that reach non-traditional populations and encourage them to benefit from financial planning. This year, the Financial Planning Grants program received applications from more than 75 projects by the deadline in March 2007.
The recipients of the 2007 awards are:
California Lutheran University’s California Institute of Finance–$40,084
The Curators of the University of Missouri–$109,069
The Economic Awareness Council–$12,850