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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking The Surety Foundation Inc.

The Surety Foundation Inc.

Fiscal year ending 2020. Filed on October 13, 2021.

1140 19th St NW Ste 500
Washington, District of Columbia 20036

The Surety Foundation Inc. (EIN: 73-1728689) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, The Surety Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $619,638. The highest compensated employee at The Surety Foundation Inc. is J Lee Covington with fiscal year 2020 compensation of $619,638.

Revenue, expenses, and employee compensation

Revenue

$66,447

Expenses

$46,264

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

J Lee Covington
Trustee
$619,638
$0 $528,509 $91,129

Benchmark Employee Compensation

Non-Employee Board Members

Lynn Schubert
Sec'Y Treasurer (TO 9/2020)
$53,548
$0 $53,548 No other comp
Edwin Hubbard
Vice President
No compensation reported
Rick Ciullo
Trustee
No compensation reported
Thomas Kunkel
Trustee
No compensation reported
Cynthia Fry
Trustee
No compensation reported
Timothy Mikolajewski
President
No compensation reported

Mission Statement

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.

Revisions to this organization profile

July 24, 2025:
2024 The Surety Foundation Inc. 990 filed
June 26, 2024:
2023 The Surety Foundation Inc. 990 filed
August 10, 2023:
2022 The Surety Foundation Inc. 990 filed

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