MOTLEY FOOL FOUNDATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MOTLEY FOOL FOUNDATION (EIN 84-1970428)
- Tax period
- 2022-10-01 to 2023-09-30
- Filed
- 2024-02-09
- IRS object ID
- 202400409349300530
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-02-09T10:49:44-06:00 | ReturnTs |
| Tax Period End | 2023-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 111986323 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1899 L STREET NW 850 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841970428 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MOTLEY FOOL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MOTL | BusinessNameControlTxt |
| Phone | 2027706968 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 DUKE STREET 2 | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER GENNARO OXLEY | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2027706968 | PhoneNum |
| Signature | 2024-02-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JENNIFER | PersonFirstNm |
| Person Last | GENNARO OXLEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AARON M FOX | PreparerPersonNm |
| PTIN | P01365820 | PTIN |
| Phone | 2028225000 | PhoneNum |
| Preparation | 2024-02-08 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JENNIFER GENNARO OXLEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 DUKE STREET 2 | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,345,895 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | FOOLFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2019 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | THE FOUNDATION'S VISION IS FINANCIAL FREEDOM FOR ALL WITH A PURPOSE TO FIND, FUND, AND AMPLIFY INNOVATIVE SOLUTIONS THAT ENABLE STRIVERS TO BECOME THRIVERS. THE FOUNDATION STRATEGICALLY DEPLOYS ITS ASSETS TO DRIVE INNOVATIVE INVESTMENTS, ENGAGEMENT, AWARENESS, AND SUSTAINABILITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 23 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $15,910,138 | PYContributionsGrantsAmt |
| CY Contributions Grants | $337,022 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$97,742 | PYInvestmentIncomeAmt |
| CY Investment Income | $315,377 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $15,812,396 | PYTotalRevenueAmt |
| CY Total Revenue | $652,399 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $226,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $185,740 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $753,245 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $967,246 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $524,053 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,586,792 | PYOtherExpensesAmt |
| CY Other Expenses | $1,296,067 | CYOtherExpensesAmt |
| PY Total Expenses | $2,566,037 | PYTotalExpensesAmt |
| CY Total Expenses | $2,449,053 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $13,246,359 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,796,654 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $13,206,539 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,275,568 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $140,445 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $112,024 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,066,094 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $12,163,544 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE FOUNDATION'S MISSION IS TO CREATE PATHWAYS TO FINANCIAL FREEDOM FOR THOSE LIVING PAYCHECK TO PAYCHECK. THE FOUNDATION IS A PUBLIC CHARITY THAT RELIES ON RAISING FUNDS FROM THE PUBLIC TO SCALE OUR PROGRAMS AND IMPACT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $762,974 | ExpenseAmt |
| Grant | $185,740 | GrantAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $90,975 | ExpenseAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,765 | ExpenseAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $89,798 | ExpenseAmt |
| Desc | OTHER PROGRAM EXPENSES INCLUDED GENERAL AND ADMINISTRATIVE SUPPORT AND MARCOMM FOR EXISTING PROGRAMS, AND DEVELOPMENT EXPENSES FOR FUTURE PROGRAMS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $89,798 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $948,512 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 11 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFF HASLOW | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2027706968 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 DUKE STREET FL 2 | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| DAVID GARDNER | |||||||||
| CHAIR | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| OLLEN DOUGLASS | |||||||||
| FINANCE CHAIR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARGARET GARDNER | |||||||||
| GOVERNANCE CHAIR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ELAINE HUNGENBERG | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SEAN MILLIKEN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MELISSA BRADLEY | |||||||||
| BOARD MEMBER (AS OF 11/2022) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SYLVIA SIERRA | |||||||||
| BOARD MEMBER (AS OF 11/2022) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BERNITA BAILEY | |||||||||
| BOARD MEMBER (AS OF 05/2023) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NEIL GRAYSON | |||||||||
| BOARD MEMBER (AS OF 05/2023) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TRISH COSTELLO | |||||||||
| BOARD MEMBER (UNTIL 05/2023) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NEEL SHAH | |||||||||
| BOARD MEMBER (UNTIL 05/2023) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER GENNARO OXLEY | |||||||||
| EXECUTIVE DIRECTOR | 40.00 | 0.00 | Yes (X) | $256,378 | $0 | $29,386 | |||
| ALAN TOBIAS | |||||||||
| SECRETARY - UNTIL 03/2023 | 40.00 | 0.00 | Yes (X) | $140,605 | $0 | $14,396 | |||
| JEFF HASLOW | |||||||||
| TREASURER | 20.00 | 25.00 | Yes (X) | $0 | $0 | $0 | |||
| MARTINE CRUISE | |||||||||
| SECRETARY (AS OF 03/2023) | 40.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GEORGE KHALAF | |||||||||
| PROGRAM DIRECTOR | 40.00 | 0.00 | $210,438 | $0 | $34,839 | Yes (X) | |||
| JACKIE LEACH | |||||||||
| MAJOR GIFTS OFFICER | 40.00 | 0.00 | $112,583 | $0 | $8,629 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $720,004 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $87,250 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MELLONAID | |||||
| 9650 STRICKLAND RD SUITE 103-206 | RALEIGH | NC | 27615 | MARCOMM MANAGEMENT AND SUPPORT | $354,252 |
| COMMUNITY COUNSELING SERVICE | |||||
| 527 MADISON AVE 5TH FL | NEW YORK | NY | 10022 | DONOR ADVISORY | $195,091 |
| MICHAEL GARDNER | |||||
| 2301 37TH STREET NW | WASHINGTON | DC | 20007 | MARKETING | $140,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $337,022 | AllOtherContributionsAmt |
| Noncash Contributions | $82,580 | NoncashContributionsAmt |
| Total Contributions | $337,022 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $287,769 | TotalRevenueColumnAmt |
| Exclusion | $287,769 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,721,104 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,693,496 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $27,608 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,608 | TotalRevenueColumnAmt |
| Exclusion | $27,608 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $652,399 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $315,377 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,740 | TotalAmt |
| Program Services | $180,740 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,000 | TotalAmt |
| Program Services | $5,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $802,032 | TotalAmt |
| Program Services | $264,670 | ProgramServicesAmt |
| Management And General | $176,446 | ManagementAndGeneralAmt |
| Fundraising | $360,916 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,668 | TotalAmt |
| Program Services | $17,201 | ProgramServicesAmt |
| Management And General | $11,665 | ManagementAndGeneralAmt |
| Fundraising | $21,802 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,863 | TotalAmt |
| Program Services | $2,076 | ProgramServicesAmt |
| Management And General | $12,160 | ManagementAndGeneralAmt |
| Fundraising | -$3,373 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,952 | TotalAmt |
| Program Services | $18,580 | ProgramServicesAmt |
| Management And General | -$8,250 | ManagementAndGeneralAmt |
| Fundraising | $31,622 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,731 | TotalAmt |
| Program Services | $16,948 | ProgramServicesAmt |
| Management And General | $21,785 | ManagementAndGeneralAmt |
| Fundraising | $22,998 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,982 | TotalAmt |
| Program Services | $2,161 | ProgramServicesAmt |
| Management And General | $90 | ManagementAndGeneralAmt |
| Fundraising | $1,731 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,535 | TotalAmt |
| Management And General | $83,535 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,801 | TotalAmt |
| Management And General | $43,801 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $638,072 | TotalAmt |
| Program Services | $397,703 | ProgramServicesAmt |
| Management And General | $240,369 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $283,892 | TotalAmt |
| Management And General | $283,892 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,437 | TotalAmt |
| Program Services | $985 | ProgramServicesAmt |
| Management And General | $8,353 | ManagementAndGeneralAmt |
| Fundraising | $99 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,588 | TotalAmt |
| Program Services | $18,585 | ProgramServicesAmt |
| Management And General | $32,242 | ManagementAndGeneralAmt |
| Fundraising | $66,761 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,105 | TotalAmt |
| Program Services | $2,445 | ProgramServicesAmt |
| Management And General | $3,212 | ManagementAndGeneralAmt |
| Fundraising | $3,448 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,235 | TotalAmt |
| Program Services | $15,463 | ProgramServicesAmt |
| Management And General | $21,364 | ManagementAndGeneralAmt |
| Fundraising | $13,408 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,576 | TotalAmt |
| Program Services | $5,332 | ProgramServicesAmt |
| Management And General | $7,983 | ManagementAndGeneralAmt |
| Fundraising | $4,261 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,342 | TotalAmt |
| Management And General | $19,342 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,240 | TotalAmt |
| Management And General | $9,240 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CULTURE & TEAM BUILDING | $6,095 | $623 | $5,092 | $380 |
| REGISTR. & FILING FEES | $4,167 | $4,167 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,449,053 | TotalAmt |
| Program Services | $948,512 | ProgramServicesAmt |
| Management And General | $976,488 | ManagementAndGeneralAmt |
| Fundraising | $524,053 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,679,684 | BOYAmt |
| EOY | $3,442,382 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $888,147 | BOYAmt |
| EOY | $272,688 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,792 | BOYAmt |
| EOY | $37,212 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $77,367 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $30,929 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,779 | BOYAmt |
| EOY | $46,438 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,553,137 | BOYAmt |
| EOY | $8,226,842 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $250,006 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,206,539 | BOYAmt |
| EOY | $12,275,568 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,255 | BOYAmt |
| EOY | $33,044 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,190 | BOYAmt |
| EOY | $78,980 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,445 | BOYAmt |
| EOY | $112,024 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,177,947 | BOYAmt |
| EOY | $11,890,856 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $888,147 | BOYAmt |
| EOY | $272,688 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,066,094 | BOYAmt |
| EOY | $12,163,544 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,206,539 | BOYAmt |
| EOY | $12,275,568 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,796,654 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,034,104 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$140,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,000,221 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,593,209 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,910,138 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $337,022 | CurrentTaxYearAmt |
| Total | $18,840,590 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,000,221 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,593,209 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,910,138 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $337,022 | CurrentTaxYearAmt |
| Total | $18,840,590 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $16,857,034 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,983,556 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $5,004 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $757 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $65,022 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $287,769 | CurrentTaxYearAmt |
| Total | $358,552 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $19,199,142 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, SECTION A: | FormAndLineReferenceDesc |
| Explanation | THE MOTLEY FOOL FOUNDATION WAS FORMED IN MAY 2019, THUS THE 2018 COLUMN REPRESENTS A SHORT-YEAR. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $77,367 | OtherCostOrOtherBasisAmt |
| Depreciation | $30,929 | DepreciationAmt |
| Book Value | $46,438 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $46,438 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO THE MOTLEY FOOL, LLC | Desc |
| Amt | $78,980 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $78,980 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,701,116 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,034,104 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $198,414 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$140,000 | OtherRevenueAmt |
| Revenue Not Reported | $1,092,518 | RevenueNotReportedAmt |
| Revenue Subtotal | $608,598 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $43,801 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $43,801 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $652,399 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,603,666 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $198,414 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $198,414 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,405,252 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $43,801 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $43,801 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,449,053 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| MILL COMMUNITY MINISTRIES DBA VILLAGE LAUNCH | ||||||||
| 1186 PENDLETON ST | GREENVILLE | SC | 29611 | 900854058 | 501 C (3) | $75,000 | $0 | GENERAL OPERATING GRANT |
| BEYOND 12 EDUCATION INC | ||||||||
| 1625 CLAY STREET NO 100 | OAKLAND | CA | 94612 | 271275246 | 501 C (3) | $75,000 | $0 | GENERAL OPERATING GRANT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | 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 PROGRAM DIRECTOR 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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JENNIFER GENNARO OXLEY | ||||||||||||||
| EXECUTIVE DIRECTOR | $211,771 | $0 | $1,500 | $0 | $43,107 | $0 | $12,706 | $0 | $16,680 | $0 | $285,764 | $0 | $0 | $0 |
| GEORGE KHALAF | ||||||||||||||
| PROGRAM DIRECTOR | $205,000 | $0 | $500 | $0 | $4,938 | $0 | $10,763 | $0 | $24,076 | $0 | $245,277 | $0 | $0 | $0 |
| ALAN TOBIAS | ||||||||||||||
| SECRETARY - UNTIL 03/2023 | $97,538 | $0 | $1,500 | $0 | $41,567 | $0 | $5,852 | $0 | $8,544 | $0 | $155,001 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | DURING THE CALENDAR YEAR 2022, JENNIFER GENNARO OXLEY RECEIVED A NON-FIXED BONUS IN THE AMOUNT OF $1,000 PAID ON 4/1/2022 AND $500 PAID ON 9/22/2022. ALAN TOBIAS RECEIVED A NON-FIXED BONUS IN THE AMOUNT OF $1,000 PAID ON 4/1/2022 AND $500 PAID ON 9/22/2022. GEORGE KHALAF RECEIVED A NON-FIXED BONUS IN THE AMOUNT OF $500 PAID ON 9/22/2022. JACKIE LEACH RECEIVED A NON-FIXED BONUS IN THE AMOUNT OF $500 PAID ON 9/22/2022. ALL WERE DISCRETIONARY SPOT BONUSES DETERMINED BY THE EMPLOYEE'S DIRECT SUPERVISOR BASED ON A SPECIFIC RECOGNITION EVENT AND DETERMINED AFTER THE FACT. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $82,580 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER REPORTED IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS OF EACH TYPE OF PROPERTY. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 2022 IS 6. EMPLOYEES RECEIVE A FORM W-2 FROM THE LLC. |
| FORM 990, PART VI, SECTION A, LINE 2 | BOARD MEMBERS DAVID GARDNER, MARGARET GARDNER, AND OLLEN DOUGLASS, 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 2022, THE FOLLOWING OFFICER(S) RECEIVED REPORTABLE COMPENSATION FROM THE MANAGEMENT COMPANY FOR SERVICES PROVIDED TO THE FOUNDATION: - JEFF HASLOW, $149,495 |
| 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 | MARKETING - OTHER: PROGRAM SERVICE EXPENSES 6,000. MANAGEMENT AND GENERAL EXPENSES 219,150. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 225,150. INTERNS AND TEMPORARY HELP: PROGRAM SERVICE EXPENSES 41,703. MANAGEMENT AND GENERAL EXPENSES 21,219. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62,922. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 350,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 350,000. |
| FORM 990, PART XI, LINE 9: | LOSS ON UNCOLLECTIBLE PLEDGES -140,000. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MOTLEY FOOL LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 DUKE STREET FL 2 | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541742975 | EIN |
| Primary Activities | FINANCIAL PUBLISHING | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MOTLEY FOOL HOLDINGS INC | BusinessNameLine1Txt |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MOTLEY FOOL HOLDINGS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 DUKE STREET FL 2 | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263335778 | EIN |
| Primary Activities | PARENT - HOLDING COMPANY | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |