What is Pro Bono?
Pro bono financial planning is free, no strings attached, one-on-one counseling with members of underserved populations, particularly low-income individuals or families. These are often the people with the most need for, but the least access to, basic financial advice.
Other pro bono activities include educational programs, such as those of Junior Achievement and the Financial Literacy Coalition of Central Texas, which focus on financial literacy rather than one-on-one counseling.
Pro Bono Activities Reporting Form
We want to keep track of members’ pro bono activities (one-on-one counseling and financial education). We will send you a quarterly survey to provide these to us. Thank you!
Pro Bono Opportunities
Austin Habitat for Humanity has received a financial planning grant from the Foundation for Financial Planning. The Austin Financial Planning Association will partner with Habitat to assist their clients with financial guidance through 1:1 coaching, group presentations, and workshops.
Habitat for Humanity will initially reach out to 500 of their members and their expected response will be 50 individuals or families who will want our assistance.
Here is what we need:
- FPA members who have the heart and time to help those in need.
- FPA members who can commit 1.5 hours for individual coaching sessions.
- FPA members who can commit 2 to 3 hours for group presentations or workshops.
If you want to work with Habitat for Humanity to offer your time and expertise or you want more information, please contact Ross Patterson.
Habitat for Humanity is the largest provider of affordable homeownership opportunities in Central Texas. The organization believes a solid financial education is a vehicle for homeowner success and builds a strong foundation for the future. Through their Housing Counseling Program, Austin Habitat equips people with the necessary tools and knowledge to attain and maintain successful homeownership.
The Housing Counseling Program has engaged over 10,000 people in the organization’s 30-plus year history. The program offers one-on-one counseling and group classes to Habitat clients and the public at no charge. Through a new project, Austin Habitat aims to integrate a Pro Bono Financial Planning Initiative into the existing Housing Counseling Program.
Working in partnership with the Financial Planning Association of Austin and the Foundation for Financial Planning, Austin Habitat will provide referrals to connect their clients with local financial planning volunteers from FPA Austin. If you are interested in becoming a Pro Bono Consultant for Austin Habitat clients, please contact Ross Patterson, Director of Pro Bono Services.
We encourage our chapter members who are interested in working one-on-one with low income clients to participate in the financial coaching and other financial stability programs of Foundation Communities, a local non-profit organization that provides quality, affordable housing to individuals and families with low to moderate income. These financial stability programs provide an easy way to incorporate an ongoing pro bono commitment into a busy practice. Foundation Communities has established income guidelines for clients and performs the initial intake. It also provides training to volunteers on the issues of low income clients. The volunteer then signs up to work at the times that are convenient for him or her, and meets with clients at the Foundation Communities offices.
Pro Bono Registry
The chapter receives occasional requests from FPA National and other sources for one-on-one pro bono counseling. If you would like to be contacted when we receive such requests, please contact Ross Patterson. Registering does not commit you to accept any engagement. Prior to beginning an engagement, volunteers must complete the FPA Pro Bono Boot Camp, a one-hour, on-line course for which CFP® professionals receive one hour of CE.
Resources and Information
For more information on pro bono activities or resources for pro bono planners, contact Ross Patterson.
FPA Austin Pro Bono Work in the Community
Habitat for Humanity ABC’s of Financial Planning
Kelly Conway, Fleming & Conway Insurance Agency
Kelly McCune, Texas Tech Financial Planning Program
FPA Austin Board Member Professor James Moten, University of Mary Hardin Baylor
FPA Austin Board Member Brittany Farris, Stone Asset Management