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David Moradi Announces Creation of Charitable Foundation

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Foundation will focus initially on education opportunities for
underprivileged children and support for US War Veterans

Foundation announces inaugural gifts of $100,000 to the Association
to Benefit Children and the Johnny Mac Soldiers Fund

David Moradi, Founder and CEO of Sero Capital, LLC, today announced the
formation of the David Moradi Foundation, a charitable foundation whose
mission is to enable others to overcome barriers in their lives and
pursue their dreams. The David Moradi Foundation will initially fund
programs that focus on the underserved and underprivileged members of
our community.

The Foundation's two focus areas, established as funding priorities for
strategic grant making, include Education and support for Military
Veterans.

EDUCATION

Learning should be accessible to children of all ages, from all
backgrounds, races, and religions. The David Moradi Foundation is proud
to offer grants and financial awards to qualified organizations whose
central mission is to enhance the lives of underprivileged youth by
enabling them to attend schools and educational programs that will put
them on a path success.

MILITARY VETERANS

U.S. military servicemen and women often return home to social and
financial challenges that prevent them from leading fulfilling lives. We
want to commemorate the sacrifices made by these heroes by supporting
them upon their return and making the transition back to civilian life
as painless as possible. To this end, the David Moradi Foundation
partners with organizations dedicated to providing veterans and their
families with the recognition, support and opportunities they have
rightfully earned.

To mark its inception, the David Moradi Foundation is making two
financial commitments each in the amount of $100,000: One the
Association to Benefit Children and another to the Johnny Mac Soldiers
Fund.

David Moradi, Chairman of the David Moradi Foundation, commented, "My
success in the financial industry has allowed me to form this Foundation
to support causes that are near and dear to my heart. The Association to
Benefit Children and the Johnny Mac Soldier's Fund are two organizations
that truly embody the central mission of the Foundation. By funding
educational opportunities to underprivileged, underserved children, as
well as providing financial assistance to our nation's veterans, we feel
we can influence not just the lives of these individual groups, but the
broader community as a whole for generations to come.

Moradi added, "We are launching this Foundation with an initial
expectation of $10 million, expanding our mission to include other
initiatives where we feel we can make a meaningful difference."

Gretchen Buchenholz, Founder and Executive Director of the Association
to Benefit Children said, "We are beyond thrilled to be a recipient of
this inaugural gift from the David Moradi Foundation. The Foundation's
incredibly generous grant will enable us to bolster and expand our early
childhood programs that currently provide at-risk infants, toddlers and
preschoolers with the highest quality early education. This type of
funding is crucial as we work toward establishing programs that form the
groundwork for life skills such as patience, tenderness, civility and
fortitude, as well as imparting confidence and competence for future
success."

MaryEllen Picciuto, President of the Johnny Mac Soldiers Fund said, "We
are so grateful for this thoughtful and generous donation from the David
Moradi Foundation. This commitment will immediately impact military
families and will help us continue our mission to honor military service
and sacrifice by providing college scholarships to children of
our nation's fallen. The Foundation's generous funding will help 20
military children to pursue the college education of their dreams."

To learn more or to support the mission of the Association to Benefit
Children, please visit https://www.a-b-c.org/.

To learn more or to support the mission of the Johnny Mac Soldiers Fund,
please visit http://johnnymac.org/.

About the David Moradi Foundation

The mission of the David Moradi Foundation is to enable others to
overcome barriers in their lives and pursue their dreams. Our current
initiatives focus on the underserved and underprivileged members of our
community, both in promoting access to education for all children and in
assisting military veterans in their desire to lead fulfilling lives as
civilians after their time of selfless service. For more information,
please visit www.davidmoradifoundation.com.

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