Overview
What is The Motley Fool Foundation?
The Motley Fool Foundation is a nonprofit organization headquartered in Alexandria, Virginia, with a mission to promote financial freedom for all. By identifying and funding innovative solutions, the Foundation empowers individuals to progress from mere financial strivers to thriving financially. The organization focuses on addressing five key drivers to achieve financial freedom: education, health, money, work, and housing. The Foundation's goal is to dismantle barriers between these drivers and find and support exceptional individuals, or "Rule Breakers," who are making a difference in their communities. In 2022, the Foundation invested in various Rule Breakers across the country, focusing on addressing the needs of the unbanked and underbanked, fostering black rural entrepreneurs, and preserving affordable housing. The Foundation plans to expand its cohort of Rule Breakers across all five drivers and connect them with one another and the organization's communities. Additionally, the Foundation is developing infrastructure to bring together a group of Rule Breakers and community leaders in one location to develop solutions for equitable financial freedom pathways for an entire population. The Foundation has a workforce of ten employees.
Official website here: www.foolfoundation.org
Is The Motley Fool Foundation legitimate?
The Motley Fool Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Motley Fool Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $415,805
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,740
For more financial information, click here
Official website here: www.foolfoundation.org
What is the mission statement of The Motley Fool Foundation?
The Motley Fool Foundation aims to promote financial freedom for all by identifying, funding, and amplifying innovative solutions that enable individuals to transition from strivers to thrivers. The organization's mission is to create pathways to financial freedom, focusing on five key drivers: education, health, money, work, and housing. These drivers, collectively referred to as "The System," enable Americans to advance financially. The Foundation is dedicated to breaking down silos between these drivers and addressing the barriers that prevent people from achieving financial freedom. In 2022, the Foundation invested in various rule breakers, including those working with the unbanked and underbanked, developing black rural entrepreneurs, and acquiring and preserving affordable housing. The Foundation's goal is to expand its cohort across all five drivers and connect them with each other and its communities. Additionally, the Foundation has developed infrastructure to bring together a set of rule breakers and community leaders in one location to create solutions across all drivers and provide equitable pathways to financial freedom for an entire population.
Official website here: www.foolfoundation.org
Who is the CEO of The Motley Fool Foundation?
Jennifer Gennaro Oxley is the Chair of The Motley Fool Foundation.
Official website here: www.foolfoundation.org
What is the revenue of The Motley Fool Foundation?
The Motley Fool Foundation's revenue in 2022 was $15,812,396.
Official website here: www.foolfoundation.org
Who are the executives of The Motley Fool Foundation and what are their salaries?
The average compensation at The Motley Fool Foundation during 2022 was $65,154. There are 10 employees and 10 volunteers at The Motley Fool Foundation.
Here are 12 key members and their salaries:
- Jennifer Gennaro Oxley (Executive Director)
- Alan Tobias (Secretary)
- David Gardner (Chair) [Trustee/Director]
- Ollen Douglass (Finance Chair) [Trustee/Director]
- Margaret Gardner (Governance Chair) [Trustee/Director]
- Melissa Bradley (Board Member) [Trustee/Director]
- Trish Costello (Board Member) [Trustee/Director]
- Elaine Hungenberg (Board Member) [Trustee/Director]
- Sean Milliken (Board Member) [Trustee/Director]
- Neel Shah (Board Member) [Trustee/Director]
- Sylvia Sierra (Board Member) [Trustee/Director]
- Jeff Haslow (Treasurer/Finance Director)
Official website here: www.foolfoundation.org
Where can I find the form 990 for The Motley Fool Foundation?
The The Motley Fool Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.foolfoundation.org
Learn more at the official website: www.foolfoundation.org
Mission Statement of The Motley Fool Foundation
The Motley Fool Foundation, a philanthropic organization, is committed to promoting financial freedom for all by identifying, funding, and amplifying innovative solutions that help individuals transcend the boundary between striving and thriving. Believing that financial freedom is facilitated by five primary drivers - education, health, money, work, and housing - the Foundation aims to break down the silos between these drivers and remove the barriers preventing people from advancing financially.
With the vision of creating pathways to financial freedom for those living paycheck to paycheck, The Motley Fool Foundation invests in change-makers, or 'Rule Breakers,' who are making a difference in their communities. In 2022, the Foundation supported Rule Breakers working with the unbanked and underbanked, developing black rural entrepreneurs, and acquiring and preserving affordable housing. By providing targeted investments and amplifying their impact, The Motley Fool Foundation seeks to enable these individuals to go further and faster in their missions.
The Foundation also initiated a project to bring together a group of Rule Breakers and community leaders in a single location, with the goal of developing comprehensive solutions across all five drivers and providing equitable pathways to financial freedom for an entire population. This collaborative approach sets the stage for lasting, community-wide change and empowers individuals to overcome the challenges that hinder their financial progress.
Impact
This information is meant to be a general summary of The Motley Fool Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Motley Fool Foundation is making a significant impact by promoting financial freedom for all through innovative solutions that empower individuals to thrive. By focusing on key drivers such as education, health, money, work, and housing, the foundation is breaking down barriers and silos to advance financial well-being for individuals living between poverty and wealth. Through targeted investments in rule breakers across the country, the foundation is working to connect and amplify the efforts of those working with the unbanked and underbanked, developing Black rural entrepreneurs, and acquiring affordable housing. The foundation's mission is to create equitable pathways to financial freedom for the entire population, ultimately transforming the lives of those living paycheck to paycheck.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2019
Phone
(202) 770-6968
Principal Officer
Jennifer Gennaro Oxley
Main Address
2000 DUKE STREET 2, ALEXANDRIA, VA, 22314
Website
www.foolfoundation.org
NTEE Category
Code: P51 - Human services
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