By learning about how the market works and having access to education on best practices for long-term investing, we can empower those who have traditionally lacked the education and access to have a better path to financial stability for themselves and their families.
PALO ALTO, Calif. (PRWEB) September 23, 2021
The Stockpile Foundation publicly launches today as a charitable nonprofit organization dedicated to educational activities that support the financial independence and economic empowerment of disadvantaged individuals, including those in underserved communities.
The Stockpile Foundation has already recruited Seton Hall University finance professor Jennifer Itzkowitz, professional soccer player and founder of “A Frugal Athlete” Amobi Okugol, and Christine Tobin, COO of Young Investors Society to serve as board members. The trio will join Victor Wang, serving as Board Member and President, Nathan Tribble, serving as Board Member, and Anju Sehrawat, serving as Treasurer and Secretary.
“By learning about how the market works and having access to education on best practices for long-term investing, we can empower those who have traditionally lacked the education and access to have a better path to financial stability for themselves and their families,” said Stockpile Foundation President, Victor Wang.
With initial funding from Stockpile, Inc. and anticipated funding from other private donors, both individuals and businesses, Stockpile Foundation plans to provide monetary grants and free, licensed content in the form of printed and digital collateral, video assets and audio files to increase understanding of how the stock market works and responsible investing through education and learning. Stockpile Foundation educational resources will help to educate individuals, particularly those in underserved communities on investing principles with the goal of supporting their financial independence and economic empowerment. Additionally, board members and others with finance backgrounds are available for guest appearances on webinars and in panels hosted by other nonprofits and educational institutions.
“We are recruiting board members with diverse finance experience,” said Wang. “Our board members and members of our partner organizations will speak on various financial topics and help give individuals from traditionally underserved communities the tools to work towards more financially secure futures.”
About Stockpile Foundation
The Stockpile Foundation is a charitable, non-profit organization dedicated to engaging in educational activities to support the financial independence and economic empowerment of disadvantaged individuals, including those in underserved communities and women, with a focus on financial matters and the workings of the stock market. Founded in 2021 and supported by Stockpile Inc., an investment app with tools to buy stock through fractional investing, custodial accounts and gift cards, Stockpile Foundation provides grants that support endeavors aligned with the foundation’s mission, and in addition, provides free, licensed educational content in the form of printed and digital collateral, video assets and audio files. Stockpile Foundation does not provide individualized investment advice and is not a registered investment advisor.