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FAE Benevolent Fund

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The NYSSCPA Benevolent Fund was formed on March 25, 1954 to assist members through temporary periods of financial difficulty. In 2009, the authority was transferred to the Foundation for Accounting Education (FAE).

The Fund provides short-term assistance for daily living expenses that some members may find difficult to meet due to unemployment, accident affecting personal or family health, medical expenses exceeding insurance coverage, natural disaster or the loss of a primary source of family income.

Benevolent Fund Assistance

  • Temporary monthly living expenses
  • One-time emergency grants
  • 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)
  • Other, as the Board of Trustees deems appropriate


  • Current NYSSCPA members
  • Must exhibit evidence of financial need, per application and provide support documentation
  • Surviving spouse of a member, at the time of their death
  • Dependent children (under the age of 21) of a member

Application Process

Members who need this help must apply and submit the required supporting documentation. The Fund administrators present submissions to the Board of Trustees for review on a case-by-case basis.

Application can be downloaded using the link below or by contacting the fund administrator at (800) 537-3635 or


Download application

To protect your personal information, please do not email your application.

AICPA Members

Current voting AICPA members may visit the AICPA website for more information about its benevolent fund. Read the AICPA's benevolent fund's FAQs and eligibility requirements.

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