AICPA Benevolent Fund

As a CPA, you are a member of a growing, vibrant professional community that has afforded you great opportunities. As you plan your future, you may be considering ways in which you can help safeguard your community during times of struggle.

Members of the American Institute of Certified Public Accountants (AICPA) established the AICPA Benevolent Fund in 1933 as a non-profit 501(c)(3) entity for the purpose of assisting AICPA members through temporary periods of financial difficulty. The Fund provides assistance with meeting daily living expenses, and medical and prescription expenses that exceed insurance coverage brought about by serious illness, an accident, or the death of the primary source of family income.

Types of Assistance

  • Temporary monthly living expenses
  • Temporary monthly medical, mental and prescription expense payments that exceed insurance coverage
  • Medicare or other health insurance premiums
  • Most medically necessary services for dependent children (under age 21)
  • One-time Emergency Grants
  • Other, as deemed appropriate by the Board of Trustees

Who is eligible to receive assistance?

  • Current voting AICPA members
  • Surviving spouse of a person who was a current voting AICPA member, at the time of their death
  • Dependent children (under the age of 21) of a person who was a current voting AICPA member, at the time of their death
  • All of the above persons must exhibit a financial need

Evaluation and Application Process

  • Financial assistance grants are provided on a case-by-case basis depending on financial need and circumstances surrounding that need
  • Grant recipients shall exhaust all sources of income available before receiving aid from the Benevolent Fund
  • Grant recipients shall first seek all publicly available sources of support

By making a gift to the AICPA Benevolent Fund, you make a difference in the lives of many of your fellow CPAs today, and financial stability for generations of CPAs to come. In order for the AICPA Benevolent Fund to achieve its strategic programs and initiatives, donor contributions are needed.

For more information contact: AICPA Benevolent Fund, Inc.
220 Leigh Farm Road
Durham, NC 27707
Phone: 866-527-2228
Email: Benevolent_Fund@aicpa.org

Share this post

Leave a comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

Latest Articles

  • 26 Aug

    When fraud is suspected

    Before taking any steps to help a client that may have suffered a fraud or misappropriation of assets, ask yourself the following questions:

    • Do I possess the requisite professional competence?
    • Do I have the necessary experience/qualifications?
    • Will my assistance i... read more

  • 27 Jul

    When to Use Mediation and Arbitration

    Mediation for all disputes

    Claims experience has shown that mediation has a high success rate when used as a first step to resolve all disputes, regardless of the engagement. CAMICO therefore recommends mediation for all disputes and engagements, except when the anticipated cost of... read more

  • 18 Jun

    AICPA Benevolent Fund

    As a CPA, you are a member of a growing, vibrant professional community that has afforded you great opportunities. As you plan your future, you may be considering ways in which you can help safeguard your community during times of struggle.

    ... read more

  • 18 Jun

    CAMICO War Stories #111-A and #111-B

    #111-A: Tax Return Preparation, Hacker Attack — When a hacker penetrated the CPA firm’s computer network, the firm’s cyber coverage responded with an investigation and comprehensive services.

    #111-B: Business Management Services, Email Fraud — The client... read more