In recognition of her good work, we made a donation to the Foundation for Financial Planning in Judy Seid’s name. Jim Peniston, the Foundation’s executive director, explains a bit more about the organization.
Boomer Market Advisor: Can you give us a brief overview of the FFP and its mission?
Jim Peniston: The mission of the Foundation for Financial Planning is to help people take control of their financial lives by connecting the financial planning community with people in need. We achieve this by supporting pro bono advice and outreach activities. We define people in need as those not being served by the market, and those either in crisis situations of the lower-income, working poor.
BMA: What are some of your successes?
JP: We’ve funded 57 grants thus far. Some of those include four different modules to teach teenagers financial literacy. We have volunteers go right into the high schools to present the program. We also support organizations that in-turn support members of the military. We had a group of personal financial planners that just got back from Korea and we had a number of them helping out with the Massachusetts National Guard as well. So we aim to help them regardless of whether they are home or on deployment.
BMA: Where can readers go for more information?
JP: We are a nonprofit charitable organization. They can go to www.foundation-finplan.org. Any help is appreciated, either in time or treasure.