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Helping People with Cancer

Why Pro Bono for Cancer?

Studies show that individuals with cancer often face “financial toxicity,” manifested by a mix of severe economic stress, depression and anxiety that can worsen the underlying health condition. Even with private health insurance or coverage through Medicare or Medicaid, families are at substantial risk of financial catastrophe. These families experience not only a major increase in daily expenses, but often a significant loss of income due to patients’ and their caregivers’ inability to maintain full-time work. We believe that financial planning can help.

Research shows that financial issues are the second most frequent source of distress identified by cancer patients.

37% cut back on groceries

36% deplete their savings

24% borrow against their retirements

86% of cancer survivors reporting serious financial burden had health insurance

Cancer patients are 2.65 times more likely to go bankrupt than people without cancer

Those experiencing bankruptcy are 80% more likely to die from any cause than others with cancer

How We Are Helping

By donating to FFP, you are helping expand our pro bono efforts for families affected by a serious cancer diagnosis. Over the next several years, FFP will continue to award strategic grants focused on addressing the financial toxicity of cancer. Our goal is to test, refine and grow outstanding program models so that this work can be replicated and scaled, eventually helping thousands of families across the country.

Funding for our Cancer Program will help cover:

  • Grants to great nonprofits administering pro bono financial planning programs for cancer patients.
  • The recruitment of Certified Financial Planner (CFP®) professionals to provide their services, pro bono, to patients and their families, helping them plan for anticipated expenses, loss of income and more.
  • A specialized online training program to educate volunteer financial planners on the unique financial and other challenges faced by cancer patients.
  • Research and evaluation activities that will measure the impact of pro bono financial planning on the lives and financial health of families, enabling us and our partners to finetune programs for maximum effectiveness.
  • Ongoing programmatic support of the various FFP-funded programs around the country.

Current Grantees

Angel Foundation

The Angel Foundation’s Financial Cancer Care program works to disrupt cancer-related financial toxicity in the Twin Cities, MN area by connecting cancer patients and their families with a social worker and pro bono financial planner. Prior to engaging in one-on-one planning with a CFP® professional, patients participate in a financial and health workshop which educates them about insurance benefits, interpreting medical bills, estimating out-of-pocket costs, and more.

Cancer Support Community San Francisco Bay Area

The Cancer Support Community San Franciso Bay Area (CSC) helps patients, and their loved ones understand and financial impact of a cancer diagnosis, including issues related to medical debt, through a series of webinars, interactive group sessions, and one-on-one sessions with pro bono financial planners.

Atrium Health Levine Cancer Institute

Atrium Health’s Levine Cancer Institute, in partnership with FFP, will offer comprehensive multidisciplinary financial planning and support for patients with hematologic malignancies in Charlotte, NC. Research oncologists will build upon their previous findings (described here in the Journal of Oncology Practice) which demonstrated that an intervention that included pro bono financial advice/planning improved patient survivorship and quality of life.

Our Impact

Kevin's Story

Kevin’s Story

Lynn's Story

Lynn’s Story

Raven's Story

Raven’s Story

Serenity’s Story

Felix's Story

Felix’s Story

Yusuf's Story

Yusuf’s Story

Pamela's Story

Pamela’s Story

Garrett's Story

Garrett’s Story

Yi & Matt's Story

Yi & Matt’s Story

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