The CISI Future Foundation has announced that, following the official launch in April 2022, charitable status has been granted and a total of nine trustees have now been appointed.
The CISI Future Foundation’s objective is:
The CISI Future Foundation will partner with existing organisations by offering funding, both in the UK and internationally, to work primarily with young people from disadvantaged backgrounds, on programmes or initiatives which align with the Foundation’s objective of increasing financial literacy.
The Foundation has its own governing structure separate from the CISI.
Nick Swales, DL, Chartered FCSI, Regional – Director North East, Rathbone Investment Management Ltd and Chair of the CISI Future Foundation said: “Since our initial launch a year ago, the Foundation has been hard at work developing a policy and governance framework. Following a rigorous process, on receipt of hundreds of applications, we are delighted to have now appointed our full board reflecting the wider CISI membership and, importantly, a range of independent trustees.
“Our first UK Grant Application “window” is now open until 12th May and the criteria for applications can be found on our website. We are excited to be able to embrace this opportunity to make a real difference in promoting and encouraging financial literacy. This is a cause which has for too long been characterised by apparently insurmountable challenge, particularly among the young and the socially disadvantaged.”
The CISI Future Foundation’s international grant application “window” will open later in the year.
