The Foundation of Accounting and Financial Women's Alliance

Overview

The Foundation of Accounting and Financial Women's Alliance (AFWA Foundation) is a nonprofit organization dedicated to promoting and advancing the education, career development, and leadership of women in finance and accounting. Established in 2004, it is linked to the Accounting and Financial Women's Alliance (AFWA), which is a national organization that supports women in accounting and finance.

Mission

The foundation's mission is to cultivate relationships, secure contributions, and provide scholarships for education and career development. It aims to play a crucial role in shaping the future direction of the accounting and financial professions by supporting those entering these fields and fostering the growth of current professionals.

Activities and Achievements

One of the key initiatives of the AFWA Foundation is providing scholarships. To date, it has awarded over $250,000 in scholarships to support individuals pursuing careers in accounting and finance. The foundation also offers programs such as Foundation GEM (Giving Every Month), a recurring donation program designed to support ongoing educational and career advancement efforts. Additionally, it recognizes corporate supporters who pledge to donate scholarships annually in their name.

Legacy Programs

The AFWA Foundation includes legacy programs such as the Ida Broo Legacy Society, named after the founder of AFWA, Ida S. Broo. This society acknowledges individuals who include the foundation in their estate plans, ensuring continued support for future generations of accounting and financial professionals. Another notable recognition is the Betsy Scott Circle, which honors donors who contribute lifetime gifts of $5,000 or more.

Impact

By focusing on education, career development, and leadership, the foundation helps empower women in accounting and finance to reach their full potential. Its efforts contribute to addressing challenges such as gender bias and limited opportunities in these industries, fostering a more inclusive environment for professional growth. Through its scholarships and programs, the foundation supports the next generation of leaders in the accounting and financial sectors.