Funds Totaling $301.6K Given to 17 Nonprofits Supported by Financial Professionals, Amplifying the Impact They Make on Communities Across the Country
BOSTON, Jan. 7, 2025 /PRNewswire/ -- The Invest in Others Charitable Foundation ("IiO"), a nonprofit organization helping financial professionals support charitable causes in their communities, announced today that 17 nonprofits have received funding from its 2024 Grant Program.
The IiO Grant Program provides annual Grants for Good and Grants for Change to help nonprofit organizations, supported by financial professionals, meet the critical needs of the people and communities they serve. Both grants award up to $20,000 in program assistance, capital improvements, and seed money to nonprofits across a wide range of causes:
"We feel privileged to be able to help financial professionals amplify the positive impact that the projects and organizations they support can make—locally and nationally," said R. Barkley Payne, President and CEO of Invest in Others Charitable Foundation. "Our grants enable vital nonprofits to fill gaps in funding, and position themselves to give back even more to communities, over a longer term. We are so proud to be able to amplify the good work that financial advisors nationwide are doing to give back. Together, we can do even more."
Invest in Others has awarded a total of $301,600.08 to 17 nonprofits throughout the U.S. as part of its 2024 Grant Program.
Grants for Good recipients include:
Grants for Change recipients include:
For more information about the 2024 Grants for Good and Grants for Change recipients, please visit https://www.investinothers.org/winners-finalists/.
The IiO 2024 Grant Program is made possible by Presenting Sponsor Fidelity Investments, Lead Program Sponsor Ameriprise Financial, as well as Allianz Life Insurance Company of North America, Envestnet, Franklin Templeton, FS Investments, MFS, and PIMCO.
In addition, Invest in Others has added Ed Swenson, Executive Vice President and President of RIA Solutions at Osaic, to its Board of Directors. Mr. Swenson ensures RIA professionals working with Osaic have the support and resources, including technology, capital, transition and M&A assistance, and relationship management, that they need to manage their practices. Earlier in his career, Mr. Swenson was Co-Founder and Chief Operating Officer of Dynasty Financial Partners, and Vice President of Multiple Discipline Account Platforms at Citigroup.
"Ed is well-respected in our industry as a strong champion for entrepreneurial RIAs," said Mr. Payne. "He will be a valuable addition to our Board of Directors, and we look forward to working with him to advance our mission to recognize, and empower, advisors' efforts to give back to their communities."
About the Invest in Others Charitable Foundation
The Invest in Others 501(c)(3) Charitable Foundation aims to amplify, celebrate, and inspire the charitable work of the financial services community. Invest in Others is a catalyst to channel philanthropy and volunteerism to where it is needed most.
For more information, visit investinothers.org or follow Invest in Others on Facebook, Instagram, LinkedIn, and X.
Media Contact:
Sabrina Scarpa
JConnelly for Invest in Others
sscarpa@jconnelly.com | 973.309.0051
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SOURCE Invest in Others Charitable Foundation