Public Charity

RATE FOUNDATION NFP

Based in CHICAGO, IL, RATE FOUNDATION NFP operates as a Public Charity. The organization reported $542K in revenue, $443K in expenses, $1.7M in total assets for fiscal year 2025. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $249K.

EIN: 454204135 CHICAGO, IL Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$542K
Total Expenses$443K
Total Assets$1.7M
Grant Records12
Funding Total$249K
Filing Years2021–2025

Mission

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.

Where $100 goes at Rate Foundation Nfp

How Rate Foundation Nfp divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
The foundation provides financial support to people in situations arising from unforeseen hardship and/or emergency circumstances
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SENIOR DIRECTOR, GR FOUNDA Jason Oleniczak
TREASURER Kenneth Kane
SECRETARY Raven Robinson
VICE PRESIDENT, DIRECTOR Scott Ubersox
PRESIDENT, DIRECTOR Victor Ciardelli

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$155,827 8 grants
Fundraising & Sponsorship
$50,000 2 grants
Education
$16,667 1 grant
Unspecified
$26,532 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $542K $443K $1.7M
2024 $2.7M $2.5M $1.6M
2023 $519K $677K $1.3M
2022 $791K $1.1M $1.5M
2021 $5.8M $6.1M $1.8M

Between 2021 and 2025, reported annual revenue declined from $5.8M to $542K (-91%), with total assets most recently reported at $1.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for RATE FOUNDATION NFP

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