December 2017, Statement of Activities
|DONATED MONEY TO THE FOUNDATION||December||2017 YTD||2016|
|Employees of Guaranteed Rate Donated||$21,624||$492,752||$407,228|
|Guaranteed Rate Inc. Donated||$72,499|
|Public Support and Sponsorships Donated||$276,237||$282,568|
|CHARITABLE GRANTS||December||2017 YTD||2016|
|College Tuition Grants||$157,500|
|Total Help Given||$73,534||$489,286||$594,960|
|100% OF EXPENSES COVERED BY GUARANTEED RATE INC.||December||2017 YTD||2016|
|Foundation staff salaries and related benefits||$15,324||$260,601||$165,141|
|Telephone, postage and supplies||$340||$4,080||$4,080|
|Occupancy - rent and utilities||$1,275||$15,300||$15,300|
|Marketing and promotions||$4,279||$38,855||$34,917|
|Operations Support - Accounting/I.T./HR/Legal||$4,676||$44,721||$56,512|
Committed to our employees, partners, friends and communities
The Guaranteed Rate Foundation was established with one simple objective in mind: Impact the lives of our employees, our partners and their families and communities in times of need, in meaningful and positive ways.
The Foundation is funded by Guaranteed Rate Inc., its employees and private sponsors. To ensure every dollar donated is allocated to those in need, Guaranteed Rate Inc. underwrites all of the Foundation’s operational expenses.
This means 100% of Foundation costs are covered by Guaranteed Rate so every penny donated goes toward helping those who need it most.