Founded in 1956, the FWA is a professional organization focused on enhancing the role of women in finance, as well as fostering the development of young female leaders.

To this end, the organization has sponsored a number of fact finding forums to encourage ongoing dialogue between the financial community and the public sector.

Founded as an unincorporated association in 1976, the FWA of New York Educational Fund was granted tax-exempt status as a 501(c)(3) charitable organization and incorporated in 1982.

They participate in SAT and PSAT classes, financial aid workshops, book clubs, career discussion groups and overnight college visits.

The program helps students explore career paths, gain networking experience and discover internship opportunities.

Since 1988, the FWA of New York Educational Fund has awarded over $600,000 to over 175 qualifying graduating Murry Bergtraum High School mentees.

The scholarships support graduate business education for women at four NYC-metro schools: MBA candidates at Baruch, Columbia, Fordham, and Stern (NYU); and an MIA candidate specializing in Microfinance at Columbia's School of International and Public Affairs (SIPA).

The Wall Street Exchange program typically provides an eight-week summer internship opportunity to enhance soft skills and job search techniques.

Twice a year, in the fall and spring, a two-session workshop is held on the weekends, in conjunction with the NYC Department of Education's Job Readiness Program for Virtual Enterprise students.

FWA members began teaching financial literacy to adult clients at University Settlement in lower Manhattan.

Now the FWA Financial Literacy program is offering seven week classes at Nontraditional Employment for Women (NEW) and the Grace Institute.

In addition, the FWA Scholar's Community Online was established to engage all past and current students and mentors allowing them to stay connected.