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Guaranty Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473773876 ✦ Baton rouge, LA ✦ Designated as a 501(c)(3)

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Overview

What is Guaranty Foundation?

Guaranty Foundation is a philanthropic organization situated in Baton Rouge, Louisiana. It is financially supported by its parent corporation and is committed to enhancing the well-being of its communities. The foundation focuses on providing financial assistance to charitable, religious, educational, and scientific initiatives that contribute to improving the overall quality of life. Despite the limited information provided, it is evident that Guaranty Foundation plays a significant role in supporting causes that make a positive impact in its local communities.

Is Guaranty Foundation legitimate?

Guaranty Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Guaranty Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Guaranty Foundation?

The Guaranty Foundation is committed to supporting charitable, religious, educational, and scientific initiatives that enhance the overall quality of life in their communities. As part of their mission, they provide financial assistance to organizations involved in these areas, aiming to make a positive impact in the communities they serve. While they have no significant programs currently underway, their primary objective remains to support worthy causes that contribute to the betterment of society.

Who is the CEO of Guaranty Foundation?

Forrest E Mills Jr is the Chairman And Ceo of Guaranty Foundation. The CEO's salary of Guaranty Foundation is $0 and their total compensation is $0.

What is the revenue of Guaranty Foundation?

Guaranty Foundation's revenue in 2022 was $140,844.

Who are the executives of Guaranty Foundation and what are their salaries?

There 3 volunteers at Guaranty Foundation.


Here are 3 key members and their salaries (Guaranty Foundation's CEO's salary is $0 and their total compensation is $0):


Flynn D Foster (Chairman And Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Forrest E Mills Jr (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fae A Foster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Guaranty Foundation?

Guaranty Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Guaranty Foundation

Guaranty Foundation, as a philanthropic organization, is committed to supporting charitable, religious, educational, and scientific initiatives that enhance the overall quality of life in various communities. Their mission is to back these endeavors, which align with their objective of improving societal well-being. The foundation aims to contribute financially to initiatives that fall under these categories, thereby playing a significant role in uplifting the communities they serve. However, the information provided does not indicate any specific programs or initiatives undertaken by the Guaranty Foundation.

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Impact




October, 2024

Guaranty Foundation significantly impacts the quality of life in local communities by providing essential support for various charitable, religious, educational, and scientific initiatives. By mobilizing resources and financial backing from its parent corporation, the Foundation enhances the capacity of organizations and programs dedicated to addressing community needs. Its mission focuses on uplifting and enriching lives, fostering better educational outcomes, promoting religious activities, and advancing scientific endeavors. Through these efforts, Guaranty Foundation plays a vital role in creating a stronger, more sustainable community in Baton Rouge, Louisiana, and beyond.




This information is meant to be a general summary of Guaranty Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$140,844 (2022)
Expenses
$88,962 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $140,844

Assets and Liabilities:

  • Total Assets: $277,614
  • Total Liabilities: -$400
  • Net Assets: $278,014

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Organization Details

Founding Year

2015

Principal Officer

Forrest E Mills Jr

Main Address

929 Government Street, Baton Rouge, LA, 70802

NTEE Category

Code: T21 - Philanthropy

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