This has been a “transformative year” for The Invest in Others Charitable Foundation (IiO) that was “highlighted by significant milestones and the launch of an ambitious new strategic plan,” said Barkley Payne, its CEO and President.
“As the charitable arm of the financial services community, we are uniquely positioned to amplify the industry’s remarkable generosity,” he said. “This renewed focus enhances our impact to support the inspiring nonprofit efforts championed by financial advisors across the country.”
The New Strategic Plan
In June, the IiO Board of Directors unanimously approved a 2025-2027 Strategic Plan that the nonprofit said was aimed at solidifying its position as the leading charitable foundation in the financial services industry.
The plan was designed to amplify its impact on supported charities and enhance the financial services profession’s influence on causes they support, according to IiO. It includes four priorities: increasing impact, fostering community and industry engagement, achieving financial growth and aligning governance and operations.
Agreeing that 2024 was a strong year with multiple accomplishments for IiO, Nicole Morgan, its Chief Development Officer, said, “This year has been exceptional for Invest in Others, driven by the unwavering support of our loyal annual sponsors and individual donors.”
She added: “Together, we are deepening our impact by supporting the charities that matter most to financial advisors.”
2024 Achievements
Among the foundation’s 2024 achievements, it donated $1.3 million to charitable organizations through The Invest in Others Charitable Foundation’s annual Invest in Others Awards program and Grant Program.
More than 700 people attended IiO’s18th Annual Awards Gala, where the nonprofit recognized 90 financial advisors, it said.
Also, IiO raised $717,330 through its first Executive Tribute Campaign. The funds were equally shared with the Michael J. Fox Foundation for Parkinson’s Research, IiO said.
The Executive Tribute honor was designed to recognize exceptional individuals who demonstrated outstanding leadership and contributions to the financial services community, according to IiO. The inaugural recipient of that honor was Sanjiv Mirchandani, a 37 year industry veteran with 27 years at Fidelity Investments, who raised awareness of Parkinson’s disease while battling with it himself.
Jeff Berman, Contributing Editor and Reporter at Wealth Solutions Report, can be reached at jberman@wealthsolutionsreport.com.
