The Foundation for
Financial Independence

In 2021, we launched the Foundation for Financial Independence (FFI) to expand access to financial education for adults who have historically lacked the resources or opportunities to build financial confidence.

Our mission: partner with community organizations to equip individuals and families, especially in under-served communities, to build economic stability and lasting independence.

The Foundation is now accepting applications for its 2025 Community Grant Program.

Our Grant Awardees

The Piedmont Housing Alliance, creates affordable housing opportunities while improving the community through educational initiatives, lending resources, and equitable development. Their Financial Opportunity Center (FOC) empowers residents with one-on-one financial coaching, equipping them with the resources to build long-term wealth and financial stability. Additionally, Piedmont Housing Alliance offers free community financial literacy classes and is an approved provider for the Virginia Housing Development Authority’s First-Time Homebuyer Education program, which is essential for accessing homebuying assistance.

Neighborhood Resource Center (NRC), located in Richmond, VA, is committed to nurturing relationships, sharing resources, and cultivating skills to improve lives in Greater Fulton and east Henrico County. Through its Core Programs, NRC Works offers critical services to 100 community members, including complimentary financial, employment, and income support coaching. This initiative equips individuals with essential skills such as resume writing, budget management, and accessing government benefits to bolster financial stability. Edit Collapse Description

Heritage Wealth Advisors and the Foundation for Financial Independence (FFI) are delighted to announce the recipients of the 2023 grant awards, The Fountain Fund and Neighborhood Resource Center. Each organization has been granted $15,000 to bolster their efforts in fostering economic security for individuals and families in the greater Richmond, VA, and Charlottesville, VA, regions.

The Fountain Fund, headquartered in Charlottesville, VA, is dedicated to expanding economic opportunities for formerly incarcerated individuals, enabling them to enhance their lives and reintegrate into their communities. By providing low-interest loans and personalized financial coaching, The Fountain Fund empowers formerly incarcerated individuals to build credit, achieve self-defined goals, and advocate for policies that enhance economic prospects for this demographic.

Neighborhood Resource Center (NRC), located in Richmond, VA, is committed to nurturing relationships, sharing resources, and cultivating skills to improve lives in Greater Fulton and east Henrico County. Through its Core Programs, NRC Works offers critical services to 100 community members, including complimentary financial, employment, and income support coaching. This initiative equips individuals with essential skills such as resume writing, budget management, and accessing government benefits to bolster financial stability.

Heritage Wealth Advisors and the Foundation for Financial Independence (FFI) awarded grants totaling $20,000 to Neighborhood Resource Center (NRC) and Southside Community Development & Housing Corporation, each received $10,000 to support their work in building economic security for individuals and families in the greater Richmond, VA area. 

Neighborhood Resource Center (NRC) used the $10,000 grant to support NRC Fulton’s support its Financial Opportunity Center,  known as NRC WORKS. “Our community members come to us with a variety of goals, such as finding a better job, addressing the cost of living, or saving for a new home,” said Breanne Armbrust, executive director of the Neighborhood Resource Center. “With our Financial Opportunity Center, we personalize financial coaching to meet each individual where they are. Credit scores for our members improve by 183 points on average and average net assets increase by $1,000 per month!”  

Southside Community Development & Housing Corporation used the $10,000 grant to support its bilingual finacial services, which includes holistic financial and employment coaching, as well as a homeownership counseling program. “We appreciate the respect that Heritage and its Foundation for Financial Independence displayed when learning about our clients and how we work with them to achieve their goals,” said Dianna Bowser, SCDHC President & CEO.