Frequently Asked Questions

 

What costs and expenses are permissible under the FINRA Investor Education Foundation grant program?

 

Please refer to the FINRA Investor Education Foundation's Grant Guidelines.

 

Does the FINRA Investor Education Foundation allow for indirect costs?

 

Yes. However, indirect costs or overhead must not exceed 10% of the direct costs.

 

What is the FINRA Investor Education Foundation's decision-making process? How long before I'm notified of a decision?

 

The entire decision-making process, from the submission of a project concept to the notification of acceptance, can take several months. Please refer to An Overview of the Decision-Making Process.

 

Is my organization eligible to apply for a grant through the FINRA Investor Education Foundation?

 

Please refer to the eligibility requirements stated in the FINRA Investor Education Foundation's Grant Program information. Exceptions are not made for organizations that fail to meet the eligibility requirements.

 

What is the deadline for submitting a grant proposal to the FINRA Investor Education Foundation?

 

Applicants may submit a Project Concept Form to the Foundation at any time. The Foundation will respond to the Project Concept Form by email within one month of receipt and either decline the request or invite a full proposal. Please see An Overview of the Decision-Making Process for further details.

 

Can I submit more than one Project Concept to the FINRA Investor Education Foundation?

 

Yes, you may submit more than one Project Concept. However, you should do this only if you have the resources and staffing to develop and complete each project at the same time. The Foundation prefers that applicants put their best effort into submitting a single concept for a high-quality project of strong interest to them. Applicants who decide to submit multiple project concepts should send them separately.

 

Is there an application form for the FINRA Investor Education Foundation?

 

Yes. To be considered for a grant, applicants must first submit a completed Project Concept Form. The Foundation will respond by email within one month of receipt and either decline the request or invite a full proposal. Please see An Overview of the Decision Making Process for further details.

 

Where should I send my FINRA Investor Education Foundation Project Concept?

 

Email your completed Project Concept Form to finrafoundation@finra.org.

  • Please use as the subject line: Project Concept from (insert the name of the applicant organization).
  • If you are invited to submit a full proposal, submission instructions will accompany the invitation.  Please DO NOT email full proposals.


How long does the FINRA Investor Education Foundation funding last?

 

Ideally projects should be completed within 24 months of the grant award. Those exceeding 24 months will be considered if justification for the additional time is included in the proposal. It is the responsibility of the applicant to present a timeline that reflects the duration of the project. Grant funding will be awarded based on a performance timeline and disbursed in installments according to conditions specified in a grant agreement.

 

Can applicants assume that FINRA or the FINRA Investor Education Foundation will distribute or disseminate the materials or research products that result from the grant project in developing their distribution plan?

 

No. While the FINRA Foundation may choose to distribute materials, we place a high priority on projects with well-developed marketing and distribution plans.  We also encourage collaboration and partnerships that facilitate effective marketing and distribution efforts.

 

Does the FINRA Investor Education Foundation fund international investor education programs or research?

 

No, grant funds must be used exclusively within the United States and its territories.

 

What is "investor education" and how does it differ from personal financial literacy?

 

Investor education is a subset of financial literacy dedicated to informing the public about investing in stocks, bonds, mutual funds and other investment products, as well as how capital markets operate.  While the field may include some elements of basic personal finance, it generally does not focus on basic personal finance education such as balancing a checkbook, opening a savings account, or managing credit and debt. While the mission of the Foundation is to provide Americans with the knowledge, skills and tools necessary for financial success throughout life, we place an emphasis on educating and protecting investors.

 

I am preparing a Project Concept Form for the FINRA Investor Education Foundation. May I include attachments with the form?

 

No. There is space on the form, however, to include URL link references to specific relevant information about the proposed project.

 

May a private university apply for funding from the FINRA Investor Education Foundation?

 

Yes, private universities may apply for grant funding, as long as they are not-for-profit,
501(c)(3) entities. Private, for-profit schools are ineligible.