EIN 84-1970428

The Motley Fool Foundation

IRS 501(c) type
501(c)(3)
Num. employees
10
Year formed
2019
Most recent tax filings
2022-09-01
Description
The Motley Fool Foundation is a personal counseling or social service organization in Alexandria, VA whose mission is: The Foundation's purpose is to tackle systematic barriers to financial freedom.
Total revenues
$15,812,396
2022
Total expenses
$2,566,037
2022
Total assets
$13,206,539
2022
Num. employees
10
2022

Program areas at The Motley Fool Foundation

The Foundation's sole program was focused on achieving financial freedom for all. The Foundation believes that five key drivers enable financial freedom for americans living between poverty and wealth: education, health, money, work, and housing. These drivers comprise "The system, and when they work together, people advance financially. When they don't, people are left behind. Our goal is to break down silos between these drivers and The barriers holding people back. It takes a special kind of person to create breakthroughs, and The Foundation is working to find them, connect them, learn from them, help them go further and faster with targeted investments, and by amplifying what they do. We call them rule breakers. In 2022, The Foundation invested in rule breakers across The country working with The unbanked and underbanked, developing black rural entrepreneurs, and acquiring and preserving affordable housing. The groundwork was laid to expand this cohort across all five drivers and to connect them with each other and The Foundation's communities.additionally, infrastructure was developed to find and convene a set of rule breakers and community leaders in one geographic location to develop solutions across all five drivers to provide equitable pathways to financial freedom for an entire population.

Who funds The Motley Fool Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Foundation for the Charlotte Jewish Community (FCJC)Charitable Gift$20,000
Foundation for the CarolinasCharitable Gift$20,000

Personnel at The Motley Fool Foundation

NameTitleCompensation
Jennifer Gennaro OxleyExecutive Director$162,687
Jeff HaslowTreasurer and Finance Director$0
David GardnerChair$0
Lawrence GreenbergSecretary$0
Audrey RobertsonPresident$0

Financials for The Motley Fool Foundation

RevenuesFYE 09/2022
Total grants, contributions, etc.$15,910,138
Program services$0
Investment income and dividends$65,022
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-162,764
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$15,812,396

Form 990s for The Motley Fool Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-092022-02-08990View PDF
2020-092021-04-12990View PDF

Organizations like The Motley Fool Foundation

OrganizationLocationRevenue
Travis Mills FoundationManchester, ME$6,188,194
Child FoundationPortland, OR$4,763,775
Hoffman Institute FoundationSan Rafael, CA$11,907,757
Grant Cardone FoundationAventura, FL$4,198,056
Golden State OpportunitySan Francisco, CA$5,527,215
Center for Special Needs Trust AdministrationClearwater, FL$5,035,526
Kripalu Center for Yoga and HealthStockbridge, MA$12,269,717
Take Charge AmericaPhoenix, AZ$9,067,571
Charity MotorsDetroit, MI$4,106,535
Trinity Credit CounselingCincinnati, OH$5,832,129
Data update history
June 9, 2023
Updated personnel
Identified 5 new personnel
May 23, 2023
Received grants
Identified 2 new grant, including a grant for $20,000 from Foundation for the Carolinas
March 29, 2022
Used new vendors
Identified 3 new vendors, including , , and
June 24, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 22, 2021
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsHuman service organizationsFamily service centersCharities
Issues
Human services
Characteristics
National levelTax deductible donations
General information
Address
2000 Duke St 2
Alexandria, VA 22314
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
Website URL
foolfoundation.org/ 
Phone
(202) 770-6968
IRS details
EIN
84-1970428
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P50: Personal Social Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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