The Bobby Edd Penson Fund
Financial assistance for post-secondary education students in foster care, or aged out of foster care in Arizona, ages 18 years through the student’s 27th birthday.
The AFFCF Penson Fund is designed to help post-secondary education students who have aged out of foster care overcome emergency expenses that derail their education. These funds are not intended to be used for long-term, ongoing expenses.
The AFFCF Penson Fund is designed to help young men and women who have aged out of foster care overcome emergency expenses that derail their education. These funds are not intended to be used for long-term, ongoing expenses.
To receive assistance through the Penson Fund, youth must be:
- In foster care or aged out of foster care in Arizona, ages 18 years up until the youth’s 27th birthday
- Enrolled in college or a vocational program
Current employment is preferred when considering requests.
Students will be asked to provide information about how they are going to sustain the requested funding once it has ended.
Most award categories will be made one time in a 12-month period. Several award categories are limited to one-time awards. Please see the award guidelines for details. Awards are limited to two requests per quarter.
The Penson Fund committee will review requests as they are submitted. All payments are made payable to the vendor or reimbursed for purchases made AFTER the request has been approved. No funds are available for purchases that have been made before an application is submitted and approved.
Typical turnaround time for a Penson Fund Award is 10 days.
Required documentation includes:
- Documentation of enrollment in post-secondary college or accredited vocational training program.
- Proof of current employment (if applicable)
- Completion of the AFFCF budget planner. A new budget is required for each application.
- Most recent unofficial transcript if student is already attending a university, college or vocational school at the time of request (determines eligibility only; awards are not based on grades).
- Documentation that the student was a ward of the court at age 18.
- An explanation of how the student will move forward once the provided award runs out.
PENSON FUND GUIDELINES
Up to $1,000. Paid by check payable to the vendor.
- Graduation application fee (if applicable)
- Cap, gown, tassel
- Graduation photos
- Graduation announcements (if desired)
- Diploma frame (if desired)
- Class ring (if desired)
Tow costs and auto repairs up to $1,000/one time in a 12-month period. Paid by check payable to the vendor.
Up to $500 per semester.* Paid by check payable to the bookstore.
*College students receiving the Pell grant must request their Pell grant book advance prior to the start of the semester with which to purchase textbooks. Students who may make requests to the Penson Fund for textbooks are students who are not Pell-eligible. If you are not aware how to request your Pell grant book advance, please contact Erika Klotz at firstname.lastname@example.org for guidance.
Funds for establishing an apartment, including security and utility deposits.* One-time award of maximum up to $1,500. Paid by check payable to apartment complex/landlord.
*Students who are receiving the DCS subsidy must request their “Start Up Funds” of $715 from their caseworker for the security deposit. If a student’s security deposit is greater than $715, AFFCF will consider the difference.
Up to $200 per month/one time in a 12-month period. Paid with gift cards.
Up to $60 per month/one time in a 12-month period. Paid with gift cards.
Up to $800 in a 12-month period. Post-secondary students who are in need of a parking pass to park on campus can request funding for an annual parking pass once every 12 months. Proof of cost of parking pass and vehicle ownership required.
Up to $800 for one month/one time in a 12-month period. Paid by check payable to the apartment complex/landlord.
Supplies: As needed. Maximum of $500 per school year. Paid by check to vendor.
Laptop: One-time laptop fees of up to $1,000 (including tax). If a student is pursuing a certificate program less than a year in length, the maximum amount that can be awarded for a laptop is $600. Paid to vendor. AFFCF will not consider requests for tablets or gaming laptops.
Up to $250 for one month/one time in a 12-month period. Paid by check payable to the utility company.
Maximum of $2,000 per semester.
ABOUT THE PENSONS
Bob and Mary Ann Penson learned about AFFCF at a fundraising breakfast back in 2009. Over time, their interest in helping children in foster care, particularly those aging out of care, grew stronger. The idea for the Bobby Edd Penson Award Fund was born of Bob and Mary Ann’s desire to help those youth who aged out of foster care and who are enrolled in a post-secondary education program.
When Bob and Mary Ann met, he worked for Lockheed as an airplane mechanic. They married and moved to California, where Bob joined the sheet metal union as a journeyman and worked for 10 years. The couple bought an awning shop in Lakeport, CA and eventually started building houses. In the last 15 years of his career, Bob was a contractor, buying land, building houses and selling them. Mary Ann was a teacher for many years.
Bob Penson passed away on April 14, 2016.
The Bobby Edd Penson Award Fund was created to help young men and women aging out of foster care find their successful future. The Pensons’ wish is that youth will have the training and support they need to excel in their chosen vocation – CNAs, barbers, nursery schoolteachers, hair stylists and more.
Through the Penson Fund, AFFCF can assist even more youth aging out of foster care to create better futures for themselves. We are grateful to Bob and Mary Ann for their dedication to serving youth in foster care and are proud to share their legacy through this extraordinary gift.
Address: 360 E Coronado Rd Suite 190, Phoenix, AZ 85004