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News Release

CFP Board Requests Proposals for 2009 Financial Planning Grants Program

July 01, 2009

WASHINGTON, DC, July 2, 2009 - Certified Financial Planner Board of Standards, Inc. (CFP Board) has announced details of its 2009 Financial Planning Grants program, which provides grant funding to innovative and sustainable projects that further its mission to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for personal financial planning.

Since 2006, when CFP Board introduced the Financial Planning Grants program, grant funding totaling $1,447,260 has been awarded to 33 projects across the U.S. Through the grant program, CFP Board has provided financial support to non-profit organizations, educators and CFP® professionals involved in a wide variety of activities, ranging from innovative uses of technology that expand public access to financial planning to creative partnerships delivering financial planning information and assistance through libraries, high schools, colleges and community-based organizations.

CFP Board’s 2009 Financial Planning Grants program introduces an option for funding research projects designed to result in practical information that enhances CFP Board’s focus on maintaining rigorous standards in the interest of consumer protection, and that enables CFP® certificants to provide broader segments of the public with competent and ethical financial planning. The program will also accept proposals for outreach projects that promote an understanding of the benefits of financial planning, provide greater numbers of Americans with access to competent and ethical financial planning, and increase recognition of the value of working with CFP® professionals. Eligible projects must be new programs or proposals, and the requested grant money must fund a project that furthers CFP Board's mission.

Additional requirements for proposals eligible for consideration through the 2009 Financial Planning Grants program are available on CFP Board’s Web site at www.CFP.net/teamup/grants.asp. Applications must be received at CFP Board no later than August 31, 2009.

The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for personal financial planning. The Board of Directors, in furthering CFP Board’s mission, acts on behalf of the public, CFP® certificants and other stakeholders. CFP Board owns the certification marks: CFP®; CERTIFIED FINANCIAL PLANNER™; and the federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements. CFP Board currently authorizes more than 59,000 individuals to use these marks in the U.S.

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CFP® - The Recognized Standard of Excellence for Personal Financial Planning

CONTACT:
Tim Stifel, Director of Stakeholder Communications
Phone: 202-379-2251
Email: tstifel@CFPBoard.org