Assurant Foundation
- Assets
- $8.1m
- Revenue
- $9.2m
- Investments
- $7.9m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 02/1983
- Data as of
- 12/2023
- EIN
- 13-3156497
Organization Overview
Assurant Foundation is located in Atlanta, GA. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Assurant Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Assurant Foundation generated $9.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 50.4% each year . All expenses for the organization totaled $3.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Assurant Foundation has awarded 5,793 individual grants totaling $17,866,441. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Demmings Trustee | 1 | $0 | |
Christian Formby Trustee | 1 | $0 | |
Francesca Luthi Trustee | 1 | $0 | |
Jeremy Purvis Trustee | 1 | $0 | |
Monique Pattillo Trustee | 1 | $0 | |
Monica Bomani Director | 40 | $152,944 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $188,116 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,188,116 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $152,944 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $17,886 |
| Interest | $0 |
| Taxes | $11,905 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,584 |
| Total operating and administrative expenses | $323,396 |
| Contributions, gifts, grants paid | $3,360,458 |
| Total expenses and disbursements | $3,683,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,932 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,111 |
| Total assets | $8,089,617 |
| Accounts payable and accrued expenses | $2,263,897 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,263,897 |
Grants Awarded
Over the last fiscal year, Assurant Foundation has awarded $3,360,458 in support to 1,412 organizations.
| Grant Recipient | Amount |
|---|---|
A KIDS PLACE PURPOSE: FINANCIAL ASSISTANCE | $25 |
11 DAY POWER PLAY INC PURPOSE: FINANCIAL ASSISTANCE | $100 |
4 PAWS FOR ABILITY INC PURPOSE: FINANCIAL ASSISTANCE | $256 |
A LITTLE COMPASSION INC PURPOSE: FINANCIAL ASSISTANCE | $75 |
A PAY IT FORWARD SCHOLARSHIP CORPORATION PURPOSE: FINANCIAL ASSISTANCE | $1,000 |
A SPECIAL WISH FOUNDATION DAYTON CHAPTER PURPOSE: FINANCIAL ASSISTANCE | $2,830 |