NonprofitsSurety Foundation Incorporated

Community Foundations

Surety Foundation Incorporated

WASHINGTON, DC

Total revenue

$230K

Total expenses

$98K

Net assets

$1.6M

Grants received

$39K

7 grants

EIN

731728689

Tax year

2024

Mission

The surety foundation is a charitable organization founded to increase diversity within the surety and fidelity industry. Recognizing the value of diverse ideas and backgrounds the member companies of the surety & fidelity association of america created this 501(c)(3)organization to fund and administer the surety and fidelity industry intern and scholarship program for underrepresented students, as well as develop and implement new educational and public service program initiatives.

Financials

FY 2024

Revenue

Contributions & grants$102K
Program service revenue
Investment income$127K
Other revenue
Total revenue$230K

Expenses

Grants paid$73K
Salaries & benefits
Fundraising
Other expenses$25K
Total expenses$98K
Total assets$1.6M
Net assets$1.6M

People

13 listed

NameRoleCompensation

RYAN WORK

SECRETARY/TREASURER (FROM 2024)

Board

1 hrs/wk

LARRY TAYLOR

PRESIDENT

Board

0.5 hrs/wk

BRYCE GRISSOM

VICE PRESIDENT (FROM 2024)

Board

0.5 hrs/wk

BOB RANEY

VICE PRESIDENT (TO 2024)

Board

0.5 hrs/wk

ANTONIO ALBANESE

TRUSTEE

Board

0.5 hrs/wk

CATHERINE DOOLEY

TRUSTEE (TO 2024)

Board

0.5 hrs/wk

TRACY HAGAN

TRUSTEE (TO 2024)

Board

0.5 hrs/wk

DAWN NEVILL

TRUSTEE (FROM 2024)

Board

0.5 hrs/wk

OHIOLE OMORUAN

TRUSTEE

Board

0.5 hrs/wk

CHRIS SIVAK

TRUSTEE

Board

0.5 hrs/wk

CINDI STREBLO

TRUSTEE (FROM 2024)

Board

0.5 hrs/wk

MIKE ZURCHER

TRUSTEE

Board

0.5 hrs/wk

PETER ROTH

SFAA FOUNDATION LIAISON

Staff

1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$10K
Surety & Fidelity Industry Intern & Scholarship Program
2023
$5K
Divinsity, equity and inclusi&
2022
$2K
For general support or for a capital fund drive of the respective organization
2021
$1K
PROVIDES SCHOLARSHIPS FOR INDIVIDUALS INTERESTED IN PURSUING A CAREER IN SURETY.
2020

Funded by

$39K from 5 funders · 7 grants · 2020–2023

Intact Charitable Trust Usa

$20K · 2 grants · 2021–2022

The Westfield Insurance Foundation

$15K · 2 grants · 2022–2023

EMC Insurance Foundation

$2K · 1 grant · 2021

Details

EIN731728689
NTEE codeT31
Subsection03
Ruling date2005-08
Formed2005
Employees0
Volunteers11
SURETY FOUNDATION INCORPORATED — Mission, Financials & Grants Received | Grantivo