The Foundation for Financial Planning Adds More Projects

July 27, 2007 at 08:00 PM
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The Foundation for Financial Planning (FFP) supports a wide range of projects across the U.S. that include pro bono financial advice and outreach programs to a variety of groups including low-income families, high school students, and victims of disasters such as Hurricane Katrina. Fidelity's National Financial has joined forces with FFP, giving it the opportunity to expand on these projects.

"Many Americans are faced with a range of financial challenges, from managing monthly bills to figuring out how they will afford approximately $215,000 for retiree health care," said Norman Malo, president and CEO of National Financial, in a statement making reference to the dollar amount that Fidelity research suggests retirees should budget for their health care. "The services brokers and advisors provide are critical to understanding the basics of building a financial plan and helping people overcome their financial challenges."

Among the FFP projects are a financial literacy program in New Mexico, which helps participants struggling with debt to put together savings plans, and a New York program where advisors provide assistance to the first responders to the events of September 11th and their families.

According to FFP, over 10,000 individual financial planners have made contributions to the foundation. If interested in donating time or money, advisors can go to www.foundation-finplan.org to connect with organizations in need of pro bono work or to make a contribution.

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