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.
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
Research Institutes & Public Policy Analysis
NTEE: P05
Latest filing: 2024
Total Revenue$5.4M
Total Expenses$4.9M
Total Assets$8.7M
Grant Records20
Funding Total$10.6M
Filing Years2022–2024
Where $100 goes at Fund for Guaranteed Income
How Fund for Guaranteed Income divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
$91
Programs
the work itself
$8
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $91 for programs
$91
F4gi will support the research, infrastructure, and implementation of guaranteed income (gi) initiatives
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$500,000
HUMAN SERVICES
$315,000
GENERAL
$305,000
CRISIS SUPPORT
$100,000
GENERAL SUPPORT
$1,249,000
Showing up to 5 of 20 total records — full history available with membership.
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
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.