(Florida, May 2020--) The F&I Providers Relief Fund for F&I Managers raised more than $500,000 in only about a month – half of its $1 million fundraising goal – but the board is still looking for donors to meet the overwhelming need for financial assistance grants to F&I managers.
Only about three weeks after announcing a 7-member board of directors and $1 million fundraising goal, the F&I Providers Relief Fund for F&I Managers has raised $507,220 (as of May 19, 2020) from more than 40 F&I providers and industry leaders, and $444,500 has been awarded in financial assistance grants to F&I managers.
Despite the success in fundraising so far, grant requests keep pouring in, and the board is looking to raise more funds to keep up with demand.
Nearly 600 grant requests have been submitted since the charity launched in late April, and the board reviews requests daily to keep the award process moving quickly. Feedback from those not …