Charitable Hearts Never Out of Season

Peck, Maureen
February 2005
Journal of Financial Planning;Feb2005, Vol. 18 Issue 2, p8
Academic Journal
This section relates the efforts taken by the financial services industry in the U.S. to help the tsunami victims in southern Asia and eastern Africa in February 2005. News continues to pour through media channels about the earthquake and resulting tsunami that ravaged parts of southern Asia and eastern Africa on December 26, 2004. There are countless stories of devastation, death tolls, unimaginable loss and grief--also greed-driven scams and abuses. On the other hand, there is news of immense generosity from around the world in the form of cash, medicine, food, supplies, and manpower. The financial planning profession and financial services industry have joined the worldwide effort. James A. Barnash, president of the Financial Planning Association (FPA) sent a message to FPA members on January 5, the date declared a National Day of Giving by U.S. President George W. Bush. In it, Barnash urged his colleagues to make a financial contribution to the American Red Cross International Response Fund. The Red Cross established a web site especially to receive donations from FPA members for relief to tsunami victims. An article in the January 10 edition of 'Investment News' reported on the charitable endeavors of many financial advisors and financial services companies.


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