Public Charity

Fund for Guaranteed Income

Fund for Guaranteed Income is a Public Charity headquartered in EL SEGUNDO, CA. Financial data from the 2024 filing: $5.4M revenue, $4.9M expenses, $8.7M total assets. 20 publicly reported grants to this organization, totaling roughly $10.6M, appear in IRS filings.

EIN: 861909049 EL SEGUNDO, CA Latest filing: 2024
Total Revenue$5.4M
Total Expenses$4.9M
Total Assets$8.7M
Grant Records20
Funding Total$10.6M
Filing Years2022–2024

Mission

Fund for Guaranteed Income ("F4GI") supports the research, infrastructure, and implementation of guaranteed income initiatives, including Compton Pledge, Long Beach Pledge, and Chicago Future Fund.

Officers & Directors

TREASURER Douglas Reed Maughan
BOARD MEMBER Ed Hsu
SECRETARY Jimmy Ho
CHIEF OPERATING OFFICER Nicholas Salazar
PRESIDENT Nika Soon-Shiong

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$6,500,000 5 grants
GENERAL SUPPORT
$1,249,000 1 grant
Human Services
$970,000 1 grant
TRANSFER OF INCUBATED PROGRAM TO NEWLY FORMED NONPROFIT ORGANIZATION
$601,013 1 grant
HUMAN SERVICES
$585,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $5.4M $4.9M $8.7M
2023 $4.2M $5.0M $6.9M
2022 $9.7M $2.7M $7.1M

Between 2022 and 2024, reported annual revenue declined from $9.7M to $5.4M (-45%), with total assets most recently reported at $8.7M.

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

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