We enable all people to thrive in a financial system that works
Because having few options is no longer an option. The time is now to make Financial Freedom accessible for all.
We focus on “the Missing Middle”
Two-thirds of Americans are financially unstable. Out of that population, more than half are considered financially coping – people who are just getting by and barely making ends meet. This is the group of people we call “the Missing Middle,” in that they lack ample pathways and choices regarding important drivers of Financial Freedom such as housing, health, education, work, and money. When people have access to these drivers, they have options in life. When they don’t have options, they lack the ability to achieve Financial Freedom.
To be clear, these are not Americans who are living in poverty nor are they the financially healthy. They are “the Missing Middle.”
In our research, we learned that a path to Financial Freedom for all does exist. But the path isn’t equally accessible to everyone. Barriers, obstacles and setbacks such as racial, gender, and systemic biases, access to credit, or being able to weather unexpected events are all serious challenges that make the path to Financial Freedom difficult to travel. The Motley Fool Foundation intends to change the path to make it easier for everyone achieve Financial Freedom – because when we succeed, everyone benefits.
We focus on what it takes to create long-term impact
To help people thrive in a financial system that works for all means that we need to focus our work in three key impact areas:
Shifting the mindsets of people and organizations to become more inclusive.
Working to connect, build or repair the systems that enable people to have options and choices that will help make them financially free.
Getting people the help they need today by removing the barriers to accessing capital. Initially, we’re focusing on improving access to short-term cash, helping people improve their credit, making it easier for entrepreneurs in marginalized communities to source funding, and strengthening financial literacy. Because people need to take care of important things now in order to plan for and thrive in the future.
We do what it takes
The Motley Fool Foundation is a public charity that makes smart investments (financial and otherwise) in an inclusive future that benefits all. We will conduct our work in four ways: