Operational Funding
Operational grant funding represents the bulk of CFA Institute financial investment with the aim to provide a more predictable source of financial resources that supports society achievement of the society service standards.
Operational funding requirements are updated annually and communicated at the outset of the annual business planning period with societies, typically commencing in May. Annual business plans and year-end reports are consistent annual requirements, but additional requirements may apply. Requirements are outlined on the Business Planning & Operating Standards tile on Society Center.
Impact Funding
Impact Funding is an application-based grant funding program that enables those in the Global Financial Center, Professional Association, and Member Society segments to help build influence and relevance in local markets. Impact Funding applications are reviewed by a panel of CFA Institute staff and regional PCR Vice Chairs and rated against a rubric that assesses potential impact toward specific success measures, demonstrable financial need, and ability for the initiative to be leveraged across the society network.
Applications will be reviewed each month for the prior month’s submissions (i.e., all applications submitted by 31 October 2023 will be reviewed during the month of November 2023). CFA Institute will review and award applications through May 2024 (last submission month is April 2024) or until our budgeted funding pool is depleted.