The Foundation for Financial Planning has been supporting worthy financial causes since its reactivation in 1995.

Mutual fund firms have been among the most generous donors to the Tucker, Georgia-based foundation.

Among the donors are Charles Schwab, Ameriprise Financial, AIM Investments, Franklin Templeton Investments, MFS Investment Management, and Pioneer Investments.

The foundation's mission is to help people take control of their financial lives by connecting people in need of financial advice to advisors who are willing to offer their services pro bono. The foundation also gives to programs such as Dress for Success, The New River Education Fund, and the RISE Foundation, which all help people who have experienced financial hardship, learn how to handle simple financial tasks.

The foundation was also involved in helping 9/11 widows use the settlements they received to plan for their future without a husband.

In an interview, James A. Peniston, executive director and only permanent member of the foundation, told The MFWire that the foundation receives about 28 grant applications annually, "of which we can only afford to fund seven." The number of applications goes up every year.

"Financial stress has bad impacts on all parts of a person's life. If that is alleviated, society as a whole benefits," S. Timothy Kochis, CEO of Kochis Fitz and a contributor to the foundation, told The MFWire.

To get more information on what the Foundation does and how to donate, click here.  

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