Guaranteed Rate Foundation

Guaranteed Rate Foundation

Chicago, IL 60613
Tax ID45-4204135

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About this organization






The Guaranteed Rate Foundation is a 501(c)(3) public charity that provides hope and relief to those in crisis through tailored financial support directly to individuals and families. Founded in 2012, the Guaranteed Rate Foundation has granted more than $6.6 million to over 1500 individuals. Funds are provided to help recipients who have been affected by disability, domestic violence, homelessness, medical emergencies, natural disasters and the unexpected loss of loved ones. With 100 percent of overhead expenses covered by Guaranteed Rate, every penny donated to the foundation goes directly to someone in desperate need of help.


The foundation provides financial support to people in situations arising from unforeseen hardship and/or emergency circumstances. Requests have ranged from food, clothing and shelter following a natural disaster to assisting with housing, transportation and outstanding bills as a result of a job loss or medical emergency.

Interesting data from their 2019 990 filing

The filing clearly states the mission of the non-profit as “Foundation was created by guaranteed rate, inc. to fulfill charitable and benevolent purposes by providing support and assistance to families and persons in need and at times of crisis. with the financial assistance of private donors, the foundation and its volunteers will collect money and items for donation as well as provide assistance in the sponsorship and organization of benefit drives. the foundation intends to provide assistance to the public at large, but will focus its efforts, both in fundraising and aid distribution, in the real estate and mortgage origination communities throughout the united states. the collection and distribution efforts will benefit the recipients, foster a sense of community and encourage continued charitable activities.”.

When outlining its functions, they were explained as: “To provide support and assistance to families and persons in need and at times of crisis.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as IL.
  • The filing records the non-profit's address for 2019 as 1800 W LARCHMONT AVE SUITE 2, CHICAGO, IL, 60613.
  • As of 2019, the non-profit's form reports a total of 0 employees.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $442,526.
  • The organization has 9 independent voting members.
  • The organization was formed in 2012.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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