Invest in Others Charitable Foundation Announces 2024 Grant Program Recipients
Funds Totaling $301.6K Given to 17 Nonprofits Supported by Financial Professionals, Amplifying the Impact They Make on Communities Across the Country
The Invest in Others Charitable Foundation (IiO), a nonprofit committed to empowering financial professionals to aid charitable causes, recently published its list of grant recipients for the 2024 Grant Program. This year, an impressive $301,600 has been allocated to 17 nonprofit organizations.
Purpose of the IiO Grant Program
The IiO Grant Program aims to support nonprofit organizations connected with financial professionals by providing critical funding to help them address urgent community needs. Two primary grant types are awarded each year: Grants for Good and Grants for Change. Both grants can provide up to $20,000 in funding for various program needs, capital improvements, or startup projects.
Grants for Good
Grants for Good are aimed at nonprofits focusing on essential areas like arts and culture, youth programs, health and wellness, economic development, and services for military and veterans. These grants help organizations tackle pressing issues in their communities, ensuring that they can effectively meet the diverse needs of their populations.
Grants for Change
Meanwhile, Grants for Change support nonprofits dedicated to creating equitable opportunities for BIPOC (Black, Indigenous, People of Color) communities. This funding is crucial in promoting inclusivity and tackling systemic barriers faced by marginalized groups.
The President and CEO of Invest in Others Charitable Foundation, R. Barkley Payne, expressed his enthusiasm for the initiative: "We feel privileged to help financial professionals amplify the positive impact their contributions have, on both local and national levels. Our grants empower vital nonprofits to overcome funding gaps, helping them to enrich their communities over the long haul."
2024 Grant Recipients
This year’s recipients of the Grants for Good and Grants for Change highlight a diverse array of missions and community-focused initiatives:
Grants for Good Recipients
- Act of Grace, Inc. received $20,000 to support families of youth with Epilepsy.
- Bethany House was awarded $20,000 for providing care and housing for women transitioning from foster care.
- Bronx Letters Foundation secured $20,000 to facilitate pathways to success for students.
- Classmates Literacy Foundation received $11,000 dedicated to improving literacy for all age groups.
- CoxHealth Foundation was allocated $15,509.08 to foster and train the healthcare workforce.
- El Dorado County Ag in the Classroom received $17,000 to promote agriculture awareness.
- Epilepsy Foundation of Virginia was awarded $15,491 to assist and advocate for those living with epilepsy.
- New Era Community Connection gained $20,000 to drive compassion and collaboration in underserved areas.
- Parker H. Bainter Foundation secured $20,000 to enable family hospital visits for children.
- Queen Academy, Inc. received $15,000 to empower women through mentorship.
- Willow House was granted $15,000 to support grieving families.
- Your Safe Place Foundation earned $20,000 to ensure safety for victims of abuse and violence.
Grants for Change Recipients
- Boss Kidz Inc. received $15,000 to empower youth development.
- Bringing America Sports Health was granted $20,000 to enhance healthcare for local athletes.
- Goldsboro Front Porch Council received $17,500 to revitalize neighborhoods.
- Helping Hands for Single Moms Dallas was awarded $20,000 to assist single mothers in completing their college education.
- Leave a Legacy Always (LALA) secured $19,500 to improve lives through financial literacy.
Support for the Grant Program
The success of the IiO 2024 Grant Program is made possible by its dedicated sponsors, including Fidelity Investments, Ameriprise Financial, and Allianz Life Insurance Company. These organizations are instrumental in driving the mission of the Invest in Others Foundation and empowering financial professionals to support critical community initiatives.
Moreover, the Invest in Others Foundation recently welcomed Ed Swenson, Executive Vice President and President of RIA Solutions at Osaic, to its Board of Directors. Mr. Swenson's expertise will be invaluable as the foundation continues to advance its mission to recognize and empower financial advisors in their charitable efforts.
About the Invest in Others Charitable Foundation
The Invest in Others Charitable Foundation, a 501(c)(3) organization, aims to amplify and celebrate the charitable contributions made by the financial services community. By fostering philanthropy and civic engagement, the foundation channels vital resources to where they are needed most.
Frequently Asked Questions
What is the Invest in Others Charitable Foundation?
The Invest in Others Charitable Foundation is a nonprofit organization dedicated to supporting charitable initiatives by financial professionals.
How much funding was distributed in 2024?
A total of $301,600 was distributed among 17 nonprofit organizations in 2024.
What are Grants for Good?
Grants for Good are aimed at nonprofits addressing urgent challenges in areas like arts, education, and health.
Who are the sponsors of the grant program?
Major sponsors include Fidelity Investments and Ameriprise Financial, who lend critical support to the program.
What does the foundation aim to achieve?
It strives to amplify charitable works in the financial services sector and empower community-focused nonprofits.
