On March 10, 2023, The Educational Foundation of America filed an exempt solicitation statement soliciting proxies and urged the shareholders of The Walt Disney Company to vote for a shareholder proposal, requesting that the Company annually analyze and report, at reasonable expense, the congruence of its political and electioneering expenditures during the preceding year against its publicly stated company values and policies, listing and explaining instances of incongruent expenditures, and stating whether the identified incongruencies have or will lead to a change in future expenditures or contributions, at the Company's annual shareholders meeting.