Motley Fool Foundation

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.

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.

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.