THE MOTLEY FOOL FOUNDATION

AT THE FOOL COMMUNITY FOUNDATION, WE BELIEVE INVESTING IS ONE OF THE MOST POWERFUL WAYS TO BUILD WEALTH AND FINANCIAL FREEDOM. THE FREEDOMETER WILL BE AN INTERACTIVE, EASY-TO-USE ONLINE RESOURCE THAT BREAKS DOWN CORE INVESTING CONCEPTS INTO APPROACHABLE, BITE-SIZED LESSONS. OUR GOAL IS TO HELP EVERY LEARNER NO MATTER THEIR STARTING POINT FEEL CONFIDENT THAT INVESTING IS SOMETHING THEY CAN GENUINELY DO.THE FIRST PHASE IN FY24 INCLUDED CREATING THE INITIAL MODEL, CONDUCTING BETA TESTS, COLLECTING TEST-USER FEEDBACK, AND GENERATING IDEAS FOR FURTHER DEVELOPMENT. THE SECOND PHASE IN FY25 INCLUDED FURTHER PRODUCT DEVELOPMENT, CONTENT CREATION, AND MULTIPLE ROUNDS OF FOCUS GROUP TESTING.DEVELOPMENT WILL CONTINUE IN FY26, AND THE TOOL WILL ULTIMATELY BE PROVIDED TO THE PUBLIC, EDUCATIONAL INSTITUTIONS, AND BUSINESS USERS.

THE FOUNDATION CREATED A VENTURE PHILANTHROPY IMPACT FUND, THE IF FUND, TO ACCELERATE AND EXPAND PROGRAMMING WITH OTHER VETTED 501(C) (3) ORGANIZATIONS.FOR THE FUND, THE FOUNDATION APPLIES A VENTURE CAPITAL APPROACH TO FIND AND SUPPORT OTHER INNOVATIVE, DEVELOPING NONPROFITS.THE FOUNDATION IDENTIFIES "DIAMONDS IN THE ROUGH," EARLY-STAGE NONPROFITS AGED 1-10 YEARS THAT ARE TRANSITIONING FROM SUCCESSFUL STARTUPS TO ESTABLISHED ORGANIZATIONS AND HAVE INNOVATIVE MODELS FOR LARGE-SCALE IMPACT. CANDIDATES ARE SOURCED FROM THE PUBLIC AND OTHER SOURCES, VETTED BY MULTIPLE TEAM MEMBERS, AND REVIEWED AND APPROVED BY A BOARD COMMITTEE AND THE FULL BOARD.DURING EACH OF THE THREE YEARS OF OUR FORMAL ENGAGEMENT, THE APPROVED ORGANIZATIONS ARE AWARDED A $300,000 UNRESTRICTED GRANT, DELIVERED IN $100,000 ANNUAL INSTALLMENTS. INITIAL GRANTS WERE AWARDED IN FY24. 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 IF SCALING PARTNERS: MEMBERS OF OUR TEAM WITH EXPERTISE IN NONPROFIT MANAGEMENT AND SOCIAL IMPACT. THE PARTNERS WORK WITH THE CHOSEN NONPROFIT'S LEADERSHIP TO ADDRESS IDENTIFIED NEEDS, LEVERAGING EXPERTISE FROM THE MOTLEY FOOL STAFF, MEMBERS, AND OUTSIDE EXPERTS. WORK WITH THE IF SCALING PARTNERS FOR THE INITIAL FY24 GRANTEES WAS ONGOING THROUGHOUT FY25. ADDITIONAL GRANTEES WILL BE SCREENED AND GIVEN AWARDS IN FY26.