The Motley Fool Foundation

The Foundation's programs were 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. When these drivers work together, people advance financially. When they don't, people are left behind. The Foundation developed a funding and investment plan for a venture philanthropy impact fund, The impactfool fund (or if fund), to offer a more compelling donor proposition and accelerate and expand programming with other vetted 501(c)3s.for The fund, The Foundation is applying a venture capital approach to find, fund, and support innovative nonprofits that hold great promise for impact at scale.the Foundation seeks to identify "diamonds in The rough, or early-stage nonprofits between one and ten years old that are transitioning from successful startups to established organizations and have innovative models positioned for large-scale impact in The five drivers. Candidates are sourced from The public, vetted by multiple team members, and reviewed and approved by a board committee and The board.the approved organizations are awarded a $300,000 unrestricted grant, delivered as $100,000 annually over The three-year fellowship. By creating a solid Foundation for The future, impactfool (if) nonprofits can confidently embrace growth opportunities and realize their true potential to deliver maximum impact at scale.the Foundation provides each organization with an if scaling partner: a member of our team with deep expertise in nonprofit management and social impact. The if scaling partner gets hands-on experience working with The chosen nonprofit's leadership to meet identified needs with expertise from The Motley Fool staff, members, and outside experts. The Foundation will host an annual retreat of impactfool (if) nonprofit leaders to deepen The collaboration and knowledge-sharing between like-minded innovators.planning and fundraising occurred throughout fy24, culminating in two multi-year grant awards totaling $300,000 each. Additional grantees will be screened in fy25.prior to this, a nationwide rule breaker program was established to find, fund, and amplify social entrepreneurs who work in one or more of The five drivers and are moving The needle with a proven concept that's ready to scale. Our goal was to help them on their path to maturity so that they could become larger, scaled, more impactful organizations. The program concluded in fy 2024 in preparation for a transition to The if fund, and grantees were moved to alumni status.

The Foundation created The sparks series on its website as a place to post content that relates to insights around The five drivers of financial freedom and for use as a place to research, explore, and learn about them. Part of The content is a video series containing conversations with The Foundation rule breakers and others working in The drivers. The Foundation also uses this site to solicit ideas for future work.

The Foundation built on earlier work to create a financial freedom assessment tool. The tool is designed to help individuals determine where they are on The path to financial freedom. It begins with a survey that assesses where The user stands compared to a national benchmark study conducted by our partners at The financial health network. It then generates a unique financial freedom score for each of The five major drivers of financial freedom: education, health, housing, money, and work. This score will serve as a launching pad for The next steps individuals can take on their path to financial freedom.the first phase in fy24 included developing The initial model, survey questions, and score generation, culminating in a beta test with over 6,000 users. Feedback was obtained from The beta testers, including The user experience, thoughts about The score, and ideas for The expected next steps. The input from this test is being incorporated into The second phase.the second phase in fiscal year 2025 will provide users a gateway to personally curated content that meets them where they are and moves them closer to financial freedom. The tool will provide personalized insights and links to tailored content to guide users on actionable steps to improve their financial freedom. Ultimately, The tool will be provided for The public and business users.ultimately, The tool will be provided to The public and business users.

Other program expenses included small grants to other 501c3 organizations that work within The five drivers of financial freedom and in conjunction with Foundation volunteer efforts and time spent with each grantee, general and administrative support and marcomm for existing programs, and exploration and development expenses for future programs.