As you may have guessed, Foolanthropy is The Motley Fool's take on philanthropy. In fact, it's one of the Internet's longest-running charity drives. In the past 11 years, Foolanthropy has raised more than $3 million in support of a wide range of reader-nominated charities.
Over the years, we've narrowed our focus to financial literacy and youth. We're now working toward the goal of helping to make sure every young person on the globe has access to a financial education. In coordination with our newsletters, which bring stock analysis and personal finance information to subscribers, and our free content, which provides financial news and advice to anyone with Internet access, we're working to ensure that the trove of financial knowledge we've accumulated over the years gets distributed to those who need it most -- youth.
The majority of students in America and around the world enter adulthood without a basic financial education, setting them up for a host of troubles ranging from credit card debt to not saving for retirement. Poor decisions made as a teenager or young adult can lead to a lifetime of debt and financial burden.
We've made it the goal of our Foolanthropy program to help remedy this situation by working with partners to help spread financial lessons to schools and communities where they're not currently being taught. We want to empower people to make wise financial decisions when they're young. This is especially important in our current economic climate.
We believe we can make a real different working together with organizations like these, our 2007 Foolanthropy recipients:
- Corporation for Enterprise Development (CFED)
- JA Worldwide
- Mercy Corps' Silent Disasters Program
- Operation HOPE's Banking on Our Future Program
- Share Our Strength's Operation Frontline Program
If you'd like to help us brainstorm about how we can spread the knowledge, we'd love to hear from you. Please make a post to our free Foolanthropy discussion board. We also ask that you consider donating to these charities, or offering them your support as a volunteer.