Program Models & Resources Copy

The Foundation for Financial Planning supports the development of pro bono financial planning program models that can be replicated and scaled for greater impact. We offer these models to nonprofit organizations, financial planners, and others who want to develop or grow programs in their communities.

Resources for Use by Nonprofits Seeking to Develop or Execute a Pro Bono Financial Planning Program
This deck provides a summary of many key aspects of building a pro bono financial planning program, from promoting the program to potential clients to recruiting and training pro bono financial planners.

There are also a number of tools, several developed by nonprofit grantees of FFP, that can help nonprofits more effectively, and consistently, serve their clients. These include:

• Sample Volunteer Agreement Disclaimer: This disclaimer, developed by the Foundation for Financial Planning, ensures that pro bono financial planners and nonprofit organizations agree to a set of terms as they engage with one another.
• Sample Financial Habits Survey: This survey, developed by Britepaths, can be taken by clients prior to and post- financial planning sessions as a part of a nonprofit’s performance measurement process.
• Sample Volunteer Resource Manual: This manual, developed by Goodwill of Lane and South Counties, was developed to give volunteers access to information that will support its Prosperity Center It contains information about community resources including childcare, housing, food, health insurance, career counseling, vehicle purchase, education, and more.

Resources for Financial Planners Seeking to Provide Pro Bono Financial Advice to Underserved Communities
This deck and accompanying pdf, “Planning for Good: Using your Financial Planning Expertise to Help Your Community,” provides information for financial planners seeking to use their financial planning expertise to help their community with topics such as choosing a volunteer opportunity, understanding community based organizations and the needs of clients, planning the work, and evaluation and monitoring.

Other resources for planners include:

• Samples of worksheets for use during one-on-one engagements:
  • Current Spending Plan PDF
  • Future Spending Plan PDF
  • Family Goals PDF
  • Family Balance Sheet PDF
  • Bill Payment Schedule
  • Debt Management Worksheet PDF
  • MoneySense Complete Financial Planning Toolkit PDFs
  • Savings Fitness Worksheets

• Sample Client / Planner Letter of Engagement: A letter of engagement, which must be signed by the financial planner and the client, is an important tool in a pro bono relationship. The Foundation for Financial Planning provides a letter of engagement for pro bono financial planners. The Financial Planning Association also provides a letter of engagement for FPA members that engage in pro bono financial planning.
• Sample Confidential Questionnaire: This questionnaire can be filled out by the client in preparation for a one-on-one session. Volunteer financial planners may also use it during the session to collect information about the client.

Financial Planners can also view the Foundation for Financial Planning’s Pro Bono Financial Planning Volunteer Training, a free, 50-minute online module that helps financial planners understand the basics of how to provide  pro bono service to underserved members of the community. The Pro Bono Financial Planning Volunteer Training is approved for one hour of continuing education (CE) credit by the Certified Financial Planner Board of Standards (CFP Board).

Resources For Use in Developing a Free Financial Planning Event in the Community
Financial Planning Event-in-a-Box: This toolkit (including an overview document and sample templates/documents) has been developed to help financial planning groups, nonprofits and others organize, promote, and execute events that offer a combination of educational sessions and free one-on-one advice from CFP® professionals to at-risk people from the community. The resource includes general instructions, guidelines, sample documents, and templates for implementing the event.

Resources For Educational Settings
Apple Seed Program: Developed under an FFP grant, members of Texas Tech University’s Department of Personal Financial Planning created this curriculum and program model as a framework for students in Certified Financial Planner Board of Standards, Inc. (CFP Board) registered programs and CERTIFIED FINANCIAL PLANNER™ professionals to use in efforts to shape practicums and clinics that can serve students and underserved people from the community.

Resources For Domestic Violence Survivors
Bradley Angle’s Making Asset Building Accessible to Survivors of Domestic Violence Toolkit Prepared with support from an FFP grant by a leading domestic violence survivor service organization, this kit provides information, best practices and tips on how to develop a program to help domestic violence survivors build assets.

Resources For General Lower-Income Groups
Federal Deposit Insurance Corporation (FDIC): FDIC’s Money Smart curriculum, available in multiple languages, is designed to help low- and moderate-income individuals learn the basics of personal finance. The curriculum for adults includes 11 modules. Each module has a comprehensive, fully scripted guide for instructors, PowerPoint Presentation and handouts for participants. This resource can be utilized to develop a program at a nonprofit aimed at educating and empowering underserved populations via presentations bundled with one-on-one advice from CFP® professionals.

Resources For Other Unique Audiences
The National Endowment for Financial Education (NEFE) has developed a variety of workshop kits that are available online. The workshop kits include PowerPoint presentations, scripts, handouts, and other tools, including tips for working with specific audiences. Financial planners and local chapters of financial planning organizations can use these kits when partnering with nonprofit organizations that serve these at-risk populations.

Resources From the CFPB
CFPB Bulk Publications and other Practitioner Resources: The mission of the Consumer Financial Protection Bureau is to make markets for consumer financial products and services work for consumers by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives. Nonprofits and pro bono financial planners can use these publications and resources to help the people they serve increase their understanding of key areas such as credit, saving, debt, retirement, and more.