Program areas at 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. 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 2023, The Foundation continued to invest in individuals and organizations that is identified as "rule breakers". These rule breakers work across The country with The unbanked and underbanked, developing black rural entrepreneurs, acquiring and preserving affordable housing, increasing financial freedom for low-income and immigrant communities, giving support to underrepresented students striving for higher education, providing entrepreneurship training, developing sustainable transportation, and providing access to healthy food. The groundwork was also laid to further expand this cohort 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.
The Foundation created The sparks lab 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 made a number of 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.
Other program expenses included general and administrative support and marcomm for existing programs, and development expenses for future programs.