Future2 Foundation awards $149k to grassroots causes
The Financial Planning Association of Australia’s (FPA) Future2 Foundation has awarded $149,000 to 15 not-for-profit organisations during its 2022 funding round.
Since 2007, the foundation has awarded over $1.6 million in grants to programs which support young Australians, aged 12-25, who have experienced social, financial or physical adversity.
Julie Berry, chair of the Future2 Foundation, reiterated the importance of the grants in supporting local communities.
“The recipients of the latest round of grants are all grassroots causes that have an impact on their immediate, local communities. They rely on this kind of funding in order to be able to continue their vital activities,” she said.
Successful programs, which ranged from building financial literacy to aiding those with physical or intellectual disabilities, aligned with the objectives and grant criteria of the Future2 Foundation.
The foundation, through a panel of judges and corporate partners, sought out projects which addressed a distinct issue and could utilise the funding to make an immediate and direct impact on disadvantaged youth.
Berry continued: “The money that is distributed goes straight to those that need it, directly impacting the lives of young Australians”.
The grant recipients were:
- Heal.ed Tribe Ltd;
- Human Nature Adventure Therapy Ltd;
- Luke Priddis Foundation;
- Taldumande Youth Services;
- Collingwood Basketball Association;
- Inner West Community Foundation;
- Open House Christian Involvement Centres;
- Australian Street Aid Project;
- TRACTION For Young People;
- Variety – the Children’s Charity of Queensland;
- 12 Buckets Inc;
- Leading Youth Forward;
- The Salvation Army Arndale;
- Fostering Hope; and
- Community Services #1.
AUTHOR
Jasmine Siljic
Recommended for you
ASIC has cancelled the AFSL of a Perth financial services firm following payments to its clients by the Compensation Scheme of Last Resort after a failed managed investment scheme.
Bravura chief executive Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
Financial advice businesses with a younger, wealthier client base are enjoying higher valuations and increased attention from potential buyers than those with older clients.
A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rules.
