Nomination FAQs

DATES AND DEADLINES

When does the nomination site open?
The nomination site for the 2017 Invest in Others Awards opens Monday, January 9, 2017.

When are applications due?
The nominations deadline has been extended. Completed nominations must be submitted by 11:59pm EST on Monday, April 24, 2017.

When are the finalists being selected and announced?
Finalists will be notified and announced on the Invest in Others website in July. Winners will be announced at the Invest in Others Awards Gala on September 28, 2017.

When is the Invest in Others Awards Gala?
The Invest in Others Awards Gala is scheduled for Thursday, September 28, 2017 at Cipriani 42nd Street in New York City.

AWARDS

What are the Invest in Others Awards?
The Invest in Others Awards, previously known as the Community Leadership Awards, is a program that recognizes the charitable work of financial advisors and financial services firms in communities across the country and around the world.

What happened to the Community Leadership Awards?
The Community Leadership Awards was renamed the Invest in Others Awards in 2017 to simplify the organization’s branding. Many advisors and executives in the financial advice industry knew of the Community Leadership Awards program, but didn’t realize it was run by Invest in Others, and vice-versa.

What is the mission of the Invest in Others Charitable Foundation?
The Invest in Others 501(c)(3) Charitable Foundation is supported by the financial services industry to amplify the charitable work of financial advisors, employees, and their firms. Invest in Others is a catalyst to channel philanthropy and volunteerism to where it is needed most.

How many awards are given?
Awards are presented to advisors in the following five categories: Catalyst, Community Service, Global Community Impact, Volunteer of the Year, and Lifetime Achievement. Two finalists and one winner are chosen in each category. Award finalists and winners receive generous donations to their designated charities. Finalists will receive $5,000, winners will receive $20,000, and the Lifetime Achievement Award winner will receive $25,000. In addition, firms may apply for the Corporate Philanthropy Award in one of two categories: Advisory Firms or Financial Institutions. More information on corporate eligibility can be found below.

What is the description of each award?

  • Catalyst Award: Presented to an advisor who has been an active stimulus for positive change and displayed entrepreneurial vision and leadership to a non-profit organization for at least 3 years. This may have been demonstrated by rejuvenating their organization from failing to thriving or helping to launch a new nonprofit organization.
  • Community Service Award: Presented to an advisor who has made an outstanding impact on a community through managerial contributions to a non-profit organization for at least 3 years. This includes serving with distinction as a fundraiser, board member, or other executive position.
  • Global Community Impact Award: Presented to an advisor who has made a lasting impact on a community in another country by actively serving as a volunteer for at least 3 years with a charity whose primary mission is to help those who live outside the United States.
  • Volunteer of the Year Award: Presented to an advisor who has made a significant impact on a non-profit as a volunteer of at least 3 years by creating, implementing, or managing a project or program that has moved the organization forward and has made a lasting impact on his or her community.
  • Lifetime Achievement Award: Presented to an advisor who has made a profound contribution to a non-profit organization through an established history of distinguished service, where he or she exhibited leadership, provided inspiration, and gained recognition and respect from peers and the community over a period of at least 10 years, helping the organization evolve and creating a lasting impact on the future of the organization.
  • Corporate Philanthropy Award: Presented to a company that has demonstrated an ongoing commitment to encouraging philanthropic activities amongst its employees, financial advisors and senior leaders. There are two award sub-categories: Advisory Firms and Financial Institutions.

ADVISOR ELIGIBILITY

Who is eligible for nomination?
Nominees must be currently working as financial planners (e.g., CFP®), registered representatives (e.g., Series 7), or registered investment advisors. Nominees must be active financial advisors, defined by spending at least 75% of the time providing financial consultation with clients. Volunteer involvement with the non-profit organization must be current and ongoing. A current involvement is one in which the activity has taken place within the last 18 months.

For questions regarding eligibility, please email info@investinothers.org and we will respond in a timely fashion.

Are international advisors eligible for the Invest in Others Awards?
This awards program is for U.S. advisors only.

How frequently can an advisor be nominated and/or win?
Advisors who have previously received a financial award (finalists and winners) can be nominated after seven years from the award date. There is no limit to the number of times an advisor may be nominated if they have not previously been selected as an award finalist or winner.

CORPORATE ELIGIBILITY

Who is eligible for nomination?

Advisory Firms sub-category: U.S.-based RIAs/client facing firms.

Financial Institutions sub-category: U.S.-based financial services companies are eligible as well as ancillary companies that serve the financial advice/wealth management industry. This includes but is not limited to broker-dealers, wirehouses, custodians and clearing firms, insurance companies, asset managers, investment management firms, banks, accounting firms, and technology companies.

For questions regarding eligibility, please email info@investinothers.org and we will respond in a timely fashion.

Are international companies eligible for the Invest in Others Awards?

This awards program is for U.S. firms only.

How frequently can a company be nominated and/or win?
Firms that have previously won the Corporate Philanthropy Award can be nominated again after three years from the award date.  There is no limit to the number of times a firm that was previously nominated or selected as a finalist may apply.

CHARITY ELIGIBILITY

What charities are eligible?
Only qualified U.S.-based non-profit organizations and educational institutions with tax-exempt status granted under the Internal Revenue Code Section 501(c)(3) are eligible to receive award donations.

Do international organizations qualify as an eligible charity for the awards?
Yes, as long as they are based in the United States (for Patriot Act compliance) and are designated a non-profit organization by the Internal Revenue Service.

What if the charity doesn’t have a Federal Tax ID for the online nomination form?
The Tax ID# is required to confirm the charity is a non-profit organization recognized by the IRS as a 501(c)(3) non-profit organization. You can obtain this information from the charity or from the IRS.

NOMINATION PROCESS

Who can nominate an advisor or company?
Anyone can nominate an advisor or company. Advisors may also self-nominate. You may also nominate more than one advisor.  Only company representatives can submit Corporate Philanthropy Award nominations.

How do I submit a nomination for the Invest in Others Awards?
You can submit nominations online through investinothers.org. Please apply early as advisor nominations require supporting documentation from the non-profit organization and the nominee as well as photos. Only completed submissions that are accompanied by all supporting materials will be considered. Advisors may only be nominated for ONE category per year.

Can we submit additional materials such as a video detailing the charity along with the online nomination form?
In order to remain consistent and fair in our judging process, we do not enable submission of additional supporting materials beyond those specified in the instructions.

SELECTION PROCESS

Who handles the awards procedures?
The Invest in Others Charitable Foundation handles all phases of the awards process. Questions regarding the awards process may be addressed to info@investinothers.org.

How are winners selected?
An unbiased third party screens all nominations for eligibility and content. The top 10 nominations per category are forwarded as “blind” nominations to a judging committee of industry professionals. The judging committee selects 3 finalists (including 1 winner) in each category. Nominees’ entry information will not be given to anyone outside of Invest in Others and the judging committee will receive only the information necessary to evaluate the candidate.

By what criteria are the nominations judged?

Advisor finalists will be selected based on their accomplishments and impact on the non-profit and community it serves. Criteria include:

  • Dedication: Achieved desired results through perseverance, courage and enthusiasm.
  • Contribution: Volunteered significant personal time and actively worked with non-profit staff and/or members of the community, including those served by the non-profit.
  • Leadership: Motivated others to accomplish a specific goal or objective. Inspired others to volunteer personal time.
  • Inspiration: How compelling is the nominee’s story? Will it inspire others to increase their volunteer efforts?
  • Community Impact: Did the nominee make a significant impact on the non-profit and community?

Corporate finalists will be selected based on the company’s demonstrated ability to encourage philanthropy amongst its employees, financial advisors, and senior leaders. Criteria include:

  • Incentives: Does the company offer incentives for employees and advisors to participate in corporate giving programs? This includes matching gift programs and volunteer time off.
  • Contribution: Does the firm volunteer significant time and actively work towards the betterment of its community? This includes the participation rates of employees, advisors, and senior leaders as well as volunteer hours completed.
  • Community Impact: Has the firm made a significant impact on non-profits and the community
  • Inspiration: How compelling is the company’s philanthropic efforts? Do they positively impact the company culture? Do they inspire increased volunteer efforts from employees?

AWARD FINANCIAL CONTRIBUTION

What is the amount of the award?
Advisor award finalists and winners will receive a generous donation to their designated charities. Finalists will receive $5,000, winners will receive $20,000, and the Lifetime Achievement Award winner will receive $25,000. There is no monetary donation associated with the Corporate Philanthropy Award.

Can I choose a different charity to receive the financial award from the one the advisor is being nominated for?
The charitable organization featured in the nomination will be the organization receiving the donation (if selected). Only qualified non-profit organizations and educational institutions with tax-exempt status granted under the Internal Revenue Code Section 501(c)(3) are eligible to receive award donations.

PUBLICITY

When will the article featuring the finalists appear in InvestmentNews?
In advance of the Invest in Others Awards Gala, InvestmentNews features a special report profiling finalists, which is currently scheduled to run in the September 25, 2017 issue. Following the Gala, an article will be published announcing award winners and highlighting the Gala. Issue dates are subject to change.

Are finalists involved in public announcements?
Finalists must agree to be interviewed, photographed, filmed and featured in print, broadcast, electronic and social media.

ADDITIONAL QUESTIONS

Should you have additional questions, please call us at (781) 304-4812 or email info@investinothers.org.


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