"How far that little candle throws his beams! So shines a good deed in a naughty world."
William Shakespeare, The Merchant of Venice
The Motley Fool's purpose is to help the world invest — better.
Foolanthropy serves that end by preparing the world to invest. To invest Foolishly, a person must be on sound financial footing, with ample savings and no high-interest consumer debt. ("High-interest" in this case means an interest rate higher than the rate of return of the person's investments.) In short, we are here to help people get their financial lives in order … so they can invest. Better.
We believe The Motley Fool can do the most good in the world by focusing its philanthropic efforts on preparing people to become investors. In this, our inaugural year, we plan to address the soaring levels of credit card debt in America by helping people pay down that debt and gain control of their financial lives.
To do this, we will:
We will also serve our community by providing more specific services to the local organizations we already support: Thurgood Marshall Academy in Washington, D.C., and The Carpenter's Shelter in Alexandria, VA. We feel Fools can help both organizations in their support of the less privileged in our community by offering support and education in financial literacy and career services and preparation.
We know Fools are caring people; we love animals, stand up for human rights, and support efforts to end terrible diseases. These causes and countless others are more than worthy, but in order to maintain our focus on our purpose and mission, the company will be unable to sponsor charitable efforts that fall outside the areas of financial education, support, and advocacy.