The Foundational Learning Compact Progress Report October 2023-September 2024 presents the progress made in FLC activities and highlights from its associated trust fund, the Early Learning Partnership (ELP). It picks up where the last FLC Progress Report (World Bank 2023a) left off on October 1, 2023. While most of the document will focus on the FLC Anchor Trust Fund (TF) part of the FLC Multi-Donor Umbrella Trust Fund, there is also a dedicated section for the ELP Associated Trust Fund. The report contains sections on the overview of the FLC Anchor TF, implementation progress of specific activities, risks and challenges, activities planned for the remainder of 2024 and into 2025, a specific section for ELP, and a financial update for both the FLC Anchor and ELP TFs. It also includes annexes with updated information on all of the FLC Umbrella TF grants and an updated Results Framework for the FLC Anchor TF.