2026-02-02T15:12:20-06:00 2025-09-30 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2024-10-01 841970428 THE MOTLEY FOOL FOUNDATION MOTL 2027706968 2000 DUKE STREET 300 ALEXANDRIA VA 22314 JEFF HASLOW TREASURER 2027706968 2026-02-02 1 0 AARON FOX P01365820 2022274000 2026-02-02 2024 2025-03-06 01:10:19Z X FOOL COMMUNITY FOUNDATION GEORGE KHALAF 2000 DUKE STREET 300 ALEXANDRIA VA 22314 14605141 0 X FOOLFOUNDATION.ORG X 2019 DE OUR MISSION IS TO CREATE PATHWAYS TO FINANCIAL FREEDOM FOR THOSE LIVING PAYCHECK TO PAYCHECK. 9 8 0 32 0 0 981438 309370 0 0 360142 1571932 0 0 1341580 1881302 595176 44731 0 0 1163551 396458 0 0 237244 1215982 1513462 2974709 1954651 -1633129 -73349 13467055 11944305 935843 306011 12531212 11638294 X WITH A VISION OF "FINANCIAL FREEDOM FOR ALL, AND A MISSION "TO CREATE PATHWAYS TO FINANCIAL FREEDOM FOR THOSE LIVING PAYCHECK-TO-PAYCHECK," THE FOUNDATION CREATES IMPACT BY HELPING MORE AMERICANS GET ON THE PATH TO FINANCIAL FREEDOM AND BECOME THEIR GREATEST FINANCIAL SELVES. 0 1 589583 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. 452095 44481 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. 10224 250 OTHER PROGRAM EXPENSES INCLUDED SMALL GRANTS TO OTHER 501C3 ORGANIZATIONS THAT WORK TO PROMOTE FINANCIAL FREEDOM AND FOR DISASTER RELIEF AND OTHER NON-RECURRING ADVERSE EVENTS. 1051902 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 X 9 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 1 1 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA DC FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X JEFF HASLOW 2027706968 2000 DUKE STREET SUITE 300 ALEXANDRIA VA 22314 DAVID GARDNER CHAIR 2.00 9.00 X X 0 0 0 OLLEN DOUGLASS FINANCE CHAIR 1.00 0.00 X 0 0 0 MARGARET GARDNER GOVERNANCE CHAIR 1.00 0.00 X 0 0 0 ELAINE HUNGENBERG BOARD MEMBER 1.00 0.00 X 0 0 0 SYLVIA SIERRA BOARD MEMBER 1.00 40.00 X 0 0 0 BERNITA BAILEY BOARD MEMBER 1.00 0.00 X 0 0 0 NEIL GRAYSON BOARD MEMBER 1.00 0.00 X 0 0 0 JON BUDDINGTON BOARD MEMBER 1.00 0.00 X 0 0 0 GEORGE KHALAF EXECUTIVE DIRECTOR 40.00 0.00 X X 218644 0 47135 TEE-ERA TURNER SECRETARY 40.00 0.00 X 128541 0 14069 JEFF HASLOW TREASURER 20.00 30.00 X 0 0 0 JENNIFER GENNARO OXLEY EXECUTIVE DIRECTOR (TO 9/24) 0.00 0.00 X 248425 0 32845 JACKIE LEACH MAJOR GIFTS OFFICER (TO 5/2024) 0.00 0.00 X 120701 0 7395 716311 0 101444 2 1 1 0 MELLONAID 9650 STRICKLAND RD SUITE 103-206 RALEIGH NC 27615 MARCOMM MANAGEMENT AND SUPPORT 320786 GDOCK ENTERPRISES 101 QUEEN STREET ALEXANDRIA VA 22314 PROGRAMMING, FUNDRAISING SUPPORT 210000 HYDE PARK CONSULTING 2708 O STREET NW WASHINGTON DC 20007 MARKETING 174000 3 309370 309370 269820 269820 14025951 12723839 1302112 1302112 1302112 1881302 0 0 1571932 X 44731 44731 396458 172500 149815 74143 13555 1274 12281 103157 103157 56248 56248 674817 483997 55000 135820 119619 16400 103219 1684 62 1557 65 161849 11789 125781 24279 1945 552 898 495 16364 4083 12254 27 1605 1118 487 26335 26335 7358 7358 CONTRACTED PROGRAM DEVE 315313 315313 BANK FEES 9534 83 7036 2415 COMPLIANCE FILING FEES 2952 2952 INVESTMENT TAXES 1127 1127 1954651 1051902 665505 237244 2088531 1117011 701393 673674 47654 34060 101346 80186 47495 21160 10294964 9819810 287018 278590 13467055 11944305 301049 44284 570519 200000 64275 61727 935843 306011 X 11858118 11242790 673094 395504 12531212 11638294 13467055 11944305 X -73349 -839069 33000 -13500 X 0 1 X 1 0 X 1593209 15910138 337022 981438 309370 19131177 1593209 15910138 337022 981438 309370 19131177 15598498 3532679 757 65022 287769 320560 269820 943928 20075105 0.17600 0.15770 X THE ORGANIZATION HAS A BROAD BASIS OF DONORS SUPPORTING THE ORGANIZATION. THE ORGANIZATION HAS MADE SIGNIFICANT EFFORTS TO OBTAIN FUNDING FROM A WIDE SWATH OF THE PUBLIC, BOTH DIRECTLY VIA INDIVIDUALS AS WELL AS VIA FUNDING FROM OTHER PUBLICLY-SUPPORTED CHARITABLE ORGANIZATIONS. THE BOARD OF TRUSTEES FOR THE FOUNDATION CONSISTS OF MEMBERS WHO HAVE EXPERTISE GERMANE TO THE PROGRAMMATIC FOCUSES OF THE ORGANIZATION, AS WELL AS MEMBERS WHO REPRESENT A VARIETY OF VIEWPOINTS AND APPROACHES VIA THEIR WORK ON OTHER CHARITABLE, EDUCATIONAL, AND RELIGIOUS ORGANIZATIONS. THE FOUNDATION LEVERAGES THE EXPERTISE OF ITS OWN EMPLOYEES AND VOLUNTEERS TO SHARE SOLUTIONS AND OTHER INNOVATIVE APPROACHES TO ENSURE THAT MORE AMERICANS LIVING PAYCHECK TO PAYCHECK CAN TAKE THEIR NEXT STEP TOWARDS FINANCIAL FREEDOM. THE FOUNDATION IS ALSO WORKING ON BUILDING AN ASSESSMENT TOOL THAT WILL BE PUBLICLY AVAILABLE TO HELP THOSE WHO USE IT UNDERSTAND WHERE THERE ARE OPPORTUNITIES FOR SMARTER FINANCIAL CHOICES. THE ORGANIZATION ACTIVELY PROMOTES ITS MISSION OF FINANCIAL FREEDOM FOR ALL AND UNDERTAKES SIGNIFICANT EFFORT TO MAKE SURE ITS INFORMATION AND EDUCATIONAL CONTENT IS SPREAD FAR AND WIDE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 101346 80186 21160 21160 DUE TO THE MOTLEY FOOL, LLC 61727 61727 X 1514156 -839069 541671 -297398 1811554 56248 13500 69748 1881302 2407074 508671 508671 1898403 56248 56248 1954651 PART X, LINE 2: THE FOUNDATION REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTIBLE PLEDGES 13,500. X X X 1 WHOLE WALE 1288 CONEY ISLAND AVENUE 300459 BROOKLYN NY 11230 FUNDRAISING MANAGEMENT 0 0 42300 -42300 LORENZ LLC 437 33RD ROAD NORTH ARLINGTON VA 22207 FUNDRAISING SUPPORT 0 0 23520 -23520 GDOCK ENTERPRISES 101 QUEEN STREET ALEXANDRIA VA 22314 FUNDRAISING SUPPORT 0 0 70000 -70000 135820 -135820 1 NEIGHBORSHARE 268 SIMPAUG TURNPIKE UNIT 75 REDDING CT 06896 850811667 501(C)(3) 14741 0 IMPACTFOOL FUND GRANT TZEDEK DC 4340 CONNECTICUT AVE NW STE 319 WASHINGTON DC 20008 812208907 501(C)(3) 14741 0 IMPACTFOOL FUND GRANT 2 0 PART I, LINE 2: FOR GRANTS OVER $50,000, THE GRANTEES WERE EVALUATED BASED ON DOING WORK WITH POPULATION SEGMENTS THAT MEET OUR MISSION, VISION, AND PURPOSE. EACH GRANTEE MUST MAINTAIN THEIR 501C3 STATUS, FILE REQUIRED TAX RETURNS, AND ABIDE BY A CODE OF CONDUCT. THE FOUNDATION TEAM MEMBER HAS REGULAR MEETINGS WITH THE GRANTEES TO MONITOR THEIR PROGRESS AND INCORPORATE THEM INTO THE FOUNDATION'S PROGRAMS AND NETWORK. FOR GRANTS UNDER $50,000, THE 501C3 STATUS OF THE ORGANIZATION IS VERIFIED AND THE GENERAL REPUTATION OF THE ORGANIZATION IS CONSIDERED ALONG WITH ITS MATCH TO THE ORGANIZATION'S MISSION, VISION, AND PURPOSE. X 1 1 X X X X X 1 0 1 0 0 0 0 1 0 JENNIFER GENNARO OXLEY EXECUTIVE DIRECTOR (TO 9/24) 174067 0 1000 0 73358 0 10542 0 22303 0 281270 0 0 0 GEORGE KHALAF EXECUTIVE DIRECTOR 208113 0 1000 0 9531 0 12875 0 34260 0 265779 0 0 0 JACKIE LEACH MAJOR GIFTS OFFICER (TO 5/2024) 112023 0 1000 0 7678 0 3214 0 4181 0 128096 0 0 0 PART I, LINE 1A ALL PERSONS REPORTED AS RECEIVING COMPENSATION ON THIS RETURN ARE ELIGIBLE FOR TAX GROSS-UP PAYMENTS, WHICH ARE INCLUDED IN TAXABLE COMPENSATION. PART I, LINES 4A-C 4A: JENNIFER GENNARO OXLEY, $53,727 4B: ALL PERSONS BELOW PARTICIPATED IN AN EQUITY-BASED COMPENSATION ARRANGEMENT: -GEORGE KHALAF: $5,880 -TEE-ERA TURNER: $41,700 PART I, LINE 7 DURING CALENDAR YEAR 2024, THE FOLLOWING INDIVIDUALS RECEIVED A $1,000 NON-FIXED BONUS: GEORGE KHALAF, TEE-ERA TURNER, JENNIFER GENNARO OXLEY, JACKIE LEACH. ALL WERE DISCRETIONARY SPOT BONUSES DETERMINED BY THE EMPLOYEE'S DIRECT SUPERVISOR BASED ON A SPECIFIC RECOGNITION EVENT AND DETERMINED AFTER THE FACT. THEY ARE NOT CONTINGENT ON PERFORMANCE OR OTHER CRITERIA. GLOBAL PRINTING DBA MORE VANG 100% OWNED BY JON BUDDINGTON, A TMFF BOARD MEMBER 216000 CONTRACTED SERVICES 0 FORM 990, PART III, LINE 3 THE FOUNDATION DECIDED TO FOCUS ON TWO MAIN PROGRAMS AND CEASED PRODUCING THE SPARKS CONVERSATION SERIES (A VIDEO SERIES CONTAINING CONVERSATIONS WITH PEOPLE WORKING FOR FINANCIAL FREEDOM). FORM 990, PART V, LINE 2A: FOUNDATION EMPLOYEES ARE COMPENSATED UNDER A SHARED SERVICES AGREEMENT WITH THE MOTLEY FOOL, LLC (THE LLC). THE TOTAL NUMBER OF EMPLOYEES SHARED WITH THE LLC FOR CALENDAR YEAR 2024 IS 2. EMPLOYEES RECEIVE A FORM W-2 FROM THE LLC. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS DAVID GARDNER, MARGARET GARDNER, OLLEN DOUGLASS, AND SECRETARY TEE-ERA TURNER AND TREASURER, JEFF HASLOW, HAVE A BUSINESS RELATIONSHIP WITH THE SOLE MEMBER OF THE ORGANIZATION, THE MOTLEY FOOL HOLDINGS, INC. BOARD MEMBERS DAVID GARDNER AND MARGARET GARDNER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION HAS A SHARED SERVICES AGREEMENT UNDER WHICH IT LEASES EMPLOYEES FROM THE MOTLEY FOOL LLC (THE LLC). SOME MANAGEMENT DUTIES ARE DELEGATED UNDER THIS AGREEMENT INCLUDING HIRING AND FIRING PROCESSES (BUT NOT THE INDIVIDUAL HIRING AND FIRING DECISION), ONBOARDING, BENEFITS ADMINISTRATION, EMPLOYEE DEVELOPMENT, FACILITIES MANAGEMENT, AND CERTAIN TECHNOLOGY DEPLOYMENT, MAINTENANCE, AND ADMINISTRATION. THE LLC ALSO PROVIDES IN-KIND SERVICES RELATED TO PLANNING AND EXECUTING BUDGETS AND FINANCIAL OPERATIONS, LEGAL REVIEW, AND COMMUNICATIONS. DURING CALENDAR YEAR 2024, THE FOLLOWING OFFICER(S) RECEIVED REPORTABLE COMPENSATION FROM THE MANAGEMENT COMPANY FOR SERVICES PROVIDED TO THE FOUNDATION: - JEFF HASLOW, $165,089 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S BYLAWS WERE AMENDED TO ESTABLISH A GOVERNANCE COMMITTEE, TO REQUIRE PERIODIC EXECUTIVE DIRECTOR PERFORMANCE REVIEWS BY THE BOARD, AND TO CHANGE THE DEFINITION FOR THE PRINCIPAL OFFICE FROM A SPECIFIC ADDRESS TO ANY BOARD-DESIGNATED ONE. FORM 990, PART VI, SECTION A, LINE 6 THE MOTLEY FOOL HOLDINGS, INC., IS THE SOLE MEMBER OF THE MOTLEY FOOL FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE MOTLEY FOOL HOLDINGS, INC., THE SOLE MEMBER OF THE MOTLEY FOOL FOUNDATION, CAN APPOINT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS ARE SUBJECT TO APPROVAL BY THE MOTLEY FOOL HOLDINGS, INC., THE SOLE MEMBER OF THE MOTLEY FOOL FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN EXTERNAL, EXPERIENCED PROFESSIONAL ORGANIZATION BASED ON INPUT FROM THE FOUNDATION. PRIOR TO FILING THE FORM, THE TREASURER AND EXECUTIVE DIRECTOR REVIEW THE 990 AND THEN PRESENT IT TO THE BOARD OF TRUSTEES FOR REVIEW. CHANGES ARE MADE TO THE 990 AS NEEDED BASED ON THESE REVIEWS. IF ANY CHANGES ARE MADE, THE FORM GOES BACK THROUGH THE REVIEW PROCESS WITH THE TREASURER, EXECUTIVE DIRECTOR, AND BOARD. THE FORM IS APPROVED FOR FILING ONCE THE FINAL REVIEWS ARE COMPLETED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, KEY EMPLOYEES, AND OFFICERS RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY DURING ONBOARDING AND SIGN A STATEMENT AFFIRMING RECEIPT, UNDERSTANDING, AND COMPLIANCE WITH THE POLICY. EACH PERSON ALSO AFFIRMS THAT THEY UNDERSTAND THAT THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION AND THAT, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. THESE STATEMENTS ARE REVIEWED AND RENEWED EACH FEBRUARY. PERIODIC REMINDERS ARE ALSO GIVEN IN MEETINGS THAT THE POLICY IS IN FORCE. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION WORKS WITH THE PROVIDER OF ITS SHARED EMPLOYEES TO ESTABLISH COMPENSATION RANGES FOR EACH POSITION BASED ON PUBLISHED SURVEYS OF NON-PROFIT SALARIES AND CONSULTATION WITH THE CRONER COMPANY, A PROVIDER OF COMPENSATION BENCHMARKS. RECOMMENDATIONS FOR COMPENSATION CHANGES ARE MADE BY THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND PRESENTED TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS, TAX FORM 990, AND STATE CHARITABLE DOCUMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND BY REQUEST. OTHER GOVERNANCE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROGRAM DEVELOPMENT & MGMT: PROGRAM SERVICE EXPENSES 151,917. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 151,917. MARKETING & BRAND MANAGEMENT: PROGRAM SERVICE EXPENSES 14,000. MANAGEMENT AND GENERAL EXPENSES 55,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,000. PROGRAM & FUNDRAISING SUPPORT: PROGRAM SERVICE EXPENSES 318,080. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 93,520. TOTAL EXPENSES 411,600. CAMPAIGN DESIGN & MGMT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 42,300. TOTAL EXPENSES 42,300. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE PLEDGES -13,500. THE MOTLEY FOOL LLC 2000 DUKE STREET SUITE 300 ALEXANDRIA VA 22314 541742975 FINANCIAL PUBLISHING DE THE MOTLEY FOOL HOLDINGS INC THE MOTLEY FOOL HOLDINGS INC 2000 DUKE STREET SUITE 300 ALEXANDRIA VA 22314 263335778 PARENT - HOLDING COMPANY DE N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0