The Guaranteed Rate Foundation provides customized financial support to those working to overcome extraordinary hardships.
100%
of every dollar given goes directly to recipients
OVER $6M
to over 450+ families since 2012
OVER $1.8M granted in 2021 alone
As a 501(c)(3) public charity, we help individuals and families overcome hardship and create brighter futures for themselves by covering critical expenses such as rent, groceries, counseling, and childcare. We work with recipients experiencing a range of hardships including those living with disabilities, survivors of domestic violence, families experiencing medical emergencies, and veterans adjusting back to civilian life.
To request assistance or for more information, visit
GR-Foundation.org
The Guaranteed Rate Foundation is a non-profit charitable organization pursuant to Section 501(c)(3) of the United States Internal Revenue Code. Our Federal Tax ID # is 45- 4204135. Your donation to the Guaranteed Rate Foundation may qualify for an income tax deduction in accordance with Federal and/or State income tax laws. Please consult with your tax advisor to determine whether your donation is tax deductible in whole or in part. Nothing in this communication is intended to constitute legal or tax advice. No goods or services were forwarded or offered in exchange for this contribution. 1800 W Larchmont Ave, STE 2, Chicago, IL 60613. © 2019 Guaranteed Rate Foundation | 1800 W Larchmont Ave, STE 2, Chicago, IL 60613 | (773) 516-6800
Stories of Hope and Triumph At the Guaranteed Rate Foundation, 100% of donations go directly to those in need
Grant Amount:
$18,950
7 Months Rent
7 Months of Groceries
Car
Charis
Regaining independence for her sons On Easter, Charis’ husband kicked her and her children out of their home after she took a stand against his domestic abuse. She found an apartment, filed for divorce, and sought counseling services. Charis’ job requires access to a vehicle and with her current vehicle in her husband’s name, she expects it will be repossessed soon. He has defaulted on the payments, despite a court order. By providing rent, groceries, and a new car, the Foundation was able to help Charis maintain her independence and rebuild her life for her two young boys.
To request assistance or for more information, visit
GR-Foundation.org
The Guaranteed Rate Foundation is a non-profit charitable organization pursuant to Section 501(c)(3) of the United States Internal Revenue Code. Our Federal Tax ID # is 45- 4204135. Your donation to the Guaranteed Rate Foundation may qualify for an income tax deduction in accordance with Federal and/or State income tax laws. Please consult with your tax advisor to determine whether your donation is tax deductible in whole or in part. Nothing in this communication is intended to constitute legal or tax advice. No goods or services were forwarded or offered in exchange for this contribution. 1800 W Larchmont Ave, STE 2, Chicago, IL 60613. © 2019 Guaranteed Rate Foundation | 1800 W Larchmont Ave, STE 2, Chicago, IL 60613 | (773) 516-6800
Grant Amount:
$26,700
12 Months mortgage
12 Months groceries
Clothing gift card
Marissa
A fight that saved her life In February 2018, Marissa’s partner started repeatedly striking her in front of their three-year-old daughter and one-year-old son. The abuse lasted for hours; then, her survival instinct kicked in and she was able to escape, pounding on her neighbor’s door for help. Marissa underwent two surgeries leading to her eyes being bandaged and being unable to drive to work. She fell behind on rent until the Guaranteed Rate Foundation stepped in with 12 months of mortgage, 12 months of groceries and a clothing gift card.
Grant Amount:
$17,535
$
12 Months rent
Utility bills
Holiday gifts for daughter
Malissa
Putting her family and her health first After escaping an abusive relationship, Malissa and her eight-year-old daughter sought refuge at a domestic violence shelter and relocated. She was soon diagnosed with PTSD, epilepsy, and Parkinson’s, leading to loss of speech and mobility. In order to apply for disability, she needs to stop working completely. The Guaranteed Rate Foundation was able to provide Malissa with 12 months rent, utility bills and holiday gifts for her daughter.
Grant Amount:
$12,620
Car
6 Months of daycare
Kayla
A mother’s mission to find safety In protest to Kayla returning to work after their daughter was born, her husband became physically hostile, leaving for days at a time, returning only to kick Kayla out of their home. Kayla filed a final restraining order and left for good. After indefinitely living out of a hotel, she has secured an apartment but is concerned with making ends meet while still covering the high cost of daycare. Meanwhile her car has broken down—making it difficult for her to get to work. The Foundation was able to help her with purchasing a car and six months of daycare payments.
Frequently Asked Questions The Guaranteed Rate Foundation welcomes anyone experiencing an extreme hardship to apply for tailored financial support.
How do I apply? Applying is easy – simply go to GR-Foundation.org/assistance. Complete Phase 1 of the application to the best of your ability. You will be contacted by an employee of the Guaranteed Rate Foundation within 30 – 45 days after completing Phase 1. If your Phase 1 application is approved for further review, access to the Phase 2 application will be provided.
Who is eligible? The Guaranteed Rate Foundation welcomes applications from anyone that has experienced or is experiencing an extreme hardship or crisis. The Guaranteed Rate Foundation gives directly to individuals in hardship and does not make donations to other charitable organizations.
To request assistance or for more information, visit
GR-Foundation.org
The Guaranteed Rate Foundation is a non-profit charitable organization pursuant to Section 501(c)(3) of the United States Internal Revenue Code. Our Federal Tax ID # is 45- 4204135. Your donation to the Guaranteed Rate Foundation may qualify for an income tax deduction in accordance with Federal and/or State income tax laws. Please consult with your tax advisor to determine whether your donation is tax deductible in whole or in part. Nothing in this communication is intended to constitute legal or tax advice. No goods or services were forwarded or offered in exchange for this contribution. 1800 W Larchmont Ave, STE 2, Chicago, IL 60613. © 2019 Guaranteed Rate Foundation | 1800 W Larchmont Ave, STE 2, Chicago, IL 60613 | (773) 516-6800
How long does it take for my application to be reviewed? Applying is a two-phase process and timelines can vary based on volume and timing of the request. The applicant will receive an application status update in 30 - 45 days from their Case Manager once they complete their application. If your application requires you to complete Phase 2 of the process, you will be provided more information from the Foundation Case Managers. Once that step is completed, you will be contacted by a Foundation representative with a status update or a decision on your application. The sooner Phase 2 is completed, the sooner your application can be reviewed.
What do I need to apply? The Guaranteed Rate Foundation requires financial documentation to evaluate your request for assistance. Based on your circumstances, the requested documentation may vary. The Guaranteed Rate Foundation will work with each applicant to determine what documentation is needed. These items may include, but are not limited to: • 1 full month of income and expense details • Mortgage statements or rental agreement • 1 month of utility bills, household bills and/or invoices supporting financial hardship • Medical invoices and/or past due bills • Link(s) to fundraising account created to fund the individual’s or family’s hardship (if applicable) • Last filed year of Tax return and W2s • Household’s latest bank and investment account statements • Verification of Employment for all individuals involved
Who decides what is granted? Grant decisions are made by an external voting committee. They review cases on a semi-monthly basis to discuss possible grants. The Foundation also has two Case Managers that act as a liaison to the voting committee and serve as a resource for the applicant start to finish.
How much money has been granted? Since its inception in 2012, the Guaranteed Rate Foundation has awarded over $6 million to over 450 families who have found themselves in difficult situations arising from unforeseen hardship.
Does the Guaranteed Rate Foundation donate directly to non-profits? The Guaranteed Rate Foundation does not donate to non-profits as it is our mission to give financial support directly to individuals. However, the Foundation does work together with non-profits to identify recipients within their programs to receive individual grants.
To request assistance or for more information, visit
GR-Foundation.org
The Guaranteed Rate Foundation is a non-profit charitable organization pursuant to Section 501(c)(3) of the United States Internal Revenue Code. Our Federal Tax ID # is 45- 4204135. Your donation to the Guaranteed Rate Foundation may qualify for an income tax deduction in accordance with Federal and/or State income tax laws. Please consult with your tax advisor to determine whether your donation is tax deductible in whole or in part. Nothing in this communication is intended to constitute legal or tax advice. No goods or services were forwarded or offered in exchange for this contribution. 1800 W Larchmont Ave, STE 2, Chicago, IL 60613. © 2019 Guaranteed Rate Foundation | 1800 W Larchmont Ave, STE 2, Chicago, IL 60613 | (773) 516-6800
Application Process Help could be right around the corner
How to Apply • Initial application is submitted through gr-foundation.org • GR Foundation Case Manager will provide an application status update to the applicant • Decision is made if application will move on to Phase 2 • In Phase 2, the applicant will be asked to provide: - Monthly Income - Monthly Expenses - Debt/Additional Expenses - Additional personal information that tell their story
• GR Foundation Case Managers will: - Personally connect with each applicant - Provide resources/referrals along the way - Put forth most honest/accurate application for committee review
• Application is voted on for approval by an external committee. Voting occurs twice a month.
To request assistance or for more information, visit
GR-Foundation.org
The Guaranteed Rate Foundation is a non-profit charitable organization pursuant to Section 501(c)(3) of the United States Internal Revenue Code. Our Federal Tax ID # is 45- 4204135. Your donation to the Guaranteed Rate Foundation may qualify for an income tax deduction in accordance with Federal and/or State income tax laws. Please consult with your tax advisor to determine whether your donation is tax deductible in whole or in part. Nothing in this communication is intended to constitute legal or tax advice. No goods or services were forwarded or offered in exchange for this contribution. 1800 W Larchmont Ave, STE 2, Chicago, IL 60613. © 2019 Guaranteed Rate Foundation | 1800 W Larchmont Ave, STE 2, Chicago, IL 60613 | (773) 516-6800
Application Process Use the below questions to help assess if the applicant is a good fit for a Guaranteed Rate Foundation grant.
1. Would a grant from the GR Foundation offer a long-term solution for this potential applicant? 2. Does the applicant have a long-term plan? 3. Is there a documented crisis? 4. Would this type of assistance put the applicant in a better position at the end of the grant term than where they are right now? 5. Will the potential applicant be self-sufficient after the grant ends?
If you answered “yes” to most or all of the above questions, the applicant might be a good candidate for a GR Foundation grant. Applicants can apply by going to www.gr-foundation.org/assistance.
To request assistance or for more information, visit
GR-Foundation.org
The Guaranteed Rate Foundation is a non-profit charitable organization pursuant to Section 501(c)(3) of the United States Internal Revenue Code. Our Federal Tax ID # is 45- 4204135. Your donation to the Guaranteed Rate Foundation may qualify for an income tax deduction in accordance with Federal and/or State income tax laws. Please consult with your tax advisor to determine whether your donation is tax deductible in whole or in part. Nothing in this communication is intended to constitute legal or tax advice. No goods or services were forwarded or offered in exchange for this contribution. 1800 W Larchmont Ave, STE 2, Chicago, IL 60613. © 2019 Guaranteed Rate Foundation | 1800 W Larchmont Ave, STE 2, Chicago, IL 60613 | (773) 516-6800
Guaranteed Rate Foundation foundation@rate.com
1800 W. Larchmont Ave, STE 2, Chicago, IL 60613
gr-foundation.org REQUEST ASSISTANCE
(773) 516-6800
Guaranteed Rate Foundation is a 501(c)(3) organization.