The One Less Foundation

The One Less Foundation is a U.S. nonprofit organization committed to assisting underserved individuals and families in overcoming poverty. It was established as a private entity and has been active in the philanthropy sector for over a decade.

Mission

The organization's mission is to empower under-served individuals and families by providing financial education and one-on-one mentoring. This approach aims to help individuals move out of poverty and improve their economic stability. The One Less Foundation focuses on a two-generation approach, meaning it targets both parents and children within families to create sustainable paths out of poverty.

Programs

While specific program details are not extensively detailed, the organization's focus on financial education and mentoring suggests that it offers tailored support to help individuals develop essential skills for economic independence. This includes possibly providing workshops, financial planning assistance, and personalized guidance to navigate financial challenges.

Impact

The One Less Foundation's efforts are aimed at addressing systemic issues that contribute to poverty by focusing on educational and supportive interventions. By helping individuals and families acquire the knowledge and resources needed to manage finances effectively, the foundation seeks to reduce poverty levels in the communities it serves.

Structure and History

The One Less Foundation operates as a private company within the nonprofit sector, specializing in philanthropy. It has been operational for over 13 years, indicating a sustained commitment to its mission. The organization's commitment to a two-generation approach underscores its belief in the importance of family structures and intergenerational support in overcoming poverty.

Legal Status

The One Less Foundation is recognized as a nonprofit entity with the Employer Identification Number (EIN) 454032383, which is used for tax purposes in the United States.