Digital Equity Foundation Act of 2023

The Digital Equity Foundation Act of 2023 establishes a nonprofit Foundation for Digital Equity to promote digital inclusion, broadband adoption, and digital literacy, particularly for underserved communities including rural populations, Tribal communities, and older individuals. The Foundation will operate through a Board of Directors with government agency representatives and community stakeholders, and can award grants, establish for-profit subsidiaries to attract investment, and collaborate with federal agencies like the FCC and NTIA. It must submit strategic plans and annual reports detailing its activities, funding sources, and progress toward increasing access to affordable broadband, digital literacy training, and technology resources. The bill authorizes funding for the Foundation's establishment and operations beginning in fiscal year 2024.