SYDNEY: 15 February 2021 – The Association of Financial Advisers (AFA) has announced that the 2021 AFA Foundation Grants Program (the Program) is now open.
The Program invites AFA members to nominate a local charity, which may not otherwise obtain funding, to receive a grant.
“We encourage our members to nominate a charity in their local community and have an impact at a grass roots level,” said AFA CEO Philip Kewin. “This is a rare opportunity for members of the AFA to make a meaningful difference to the funding of these worthy causes in their local communities.”
In 2020, the AFA Foundation awarded grants to nine charities across NSW, Victoria, Tasmania, South Australia, Western Australia and Queensland.
Nominated charities must be registered as Deductible Gift Recipient (DGR) charities and applications are assessed by the AFA Foundation Committee and the AFA Executive. Grants representing a minimum of $2,000 are awarded to successful recipients. “The total number of recipients depends on the volume and quality of applications, and available funds,” Mr Kewin said.
AFA Foundation Chair, Olivia Sarah-Le Lacheur, said charities have seen demand surge due to COVID and the impact it has had on employment, incomes, mental and physical health. At the same time, donations have contracted, and funding is harder for small charities to source.
“What better way could an AFA member serve their local community than spending a short amount of time completing an AFA Foundation Grant application form to potentially secure funds that will make a difference to local people?” she said. “I encourage AFA members to participate in their community efforts to revive and thrive by completing an application form. Look at what a difference this made to the recipients of the 2020 Grants.”
Members have until 30 April 2021 to nominate their local charity via a one-page application form, available at the following link: https://www.afa.asn.au/foundation-grants-2021
Successful recipients will be advised by the end May 2021.
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About the AFA
The Association of Financial Advisers Limited (AFA) has been the authentic voice on the value of financial advice for over 70 years. Today, the AFA is a vibrant, innovative association, where the underlying driver of policy is the belief that great advice transforms lives. To this end the AFA is striving to achieve the vision of Great Advice for More Australians. The AFA’s ongoing relevance as a professional association is derived from its success in engaging with the major stakeholders in financial advice including advisers, consumers, licensees, product and service providers, and the regulator and government. Culturally the AFA believes in the value of collaboration to create powerful outcomes and this drives how we achieve influence and work towards our vision.