Assurant Foundation
The Assurant Foundation is a corporate foundation established in 1982 and based in Atlanta, Georgia. It is sponsored by Assurant, a Fortune 500 global protection company operating in 21 countries that partners with leading brands to safeguard and service connected devices, homes, and automobiles. The foundation strengthens communities by supporting nonprofit organizations aligned with its mission and values.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.6M
+43.5% YoY
Annual Giving
$4.0M
+19.2% YoY
Grant Count
1,710
+21.1% YoY
Avg Grant Size
$2K
-1.5% YoY
Mission & Focus Areas
The Assurant Foundation strengthens communities by supporting nonprofits that:
- Help protect where people live and can thrive
- Connect vulnerable individuals with local resources
- Inspire and prepare leaders of the future
The foundation's grantmaking focuses on education, human services, and philanthropy. Primary funding areas include nonprofit human services, reproductive health, and nursing home support.
Grantmaking
Grant Range
s and Activity:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Georgia, Florida, and California, though it also supports communities where Assurant operates globally, with particular emphasis on disaster relief support.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $8,089,617
- Total revenues: $9,188,116
- Total expenses: $3,683,854
- Total grants contributions: $9,000,000
As of 2024:
- Total assets: $11,606,230
- Total giving: $4,007,174
Investment Performance:
- Investment income and dividends increased 220.1% from 2022 to 2023
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,606,230 | $8,089,617 | $2,356,839 |
| Revenue | $8,605,682 | $9,188,116 | $2,887,699 |
| Expenses | $4,587,683 | $3,683,854 | $4,150,971 |
| Qualifying Distributions | $4,007,174 | $3,360,458 | $4,020,440 |
| Net Investment Income | $605,682 | $188,116 | $58,771 |
| Distributable Amount | $473,517 | $290,885 | $160,429 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Alan Colberg - Trustee
- Shawn Kahle - Trustee
- Suzanne Shepherd - SVP, Global Communications & Sustainability and Executive Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Keith Demmings | Trustee | 1 | — |
| Christian Formby | Trustee | 1 | — |
| Francesca Luthi | Trustee | 1 | — |
| Jeremy Purvis | Trustee | 1 | — |
| Monique Patillo | Trustee | 1 | — |
| Monica Bomani | Director | 40 | $149,083 |
| Suzanne Shepherd | Executive Director | 1 | — |
| Lisa Atkinson | Manager | 40 | $63,893 |
| La Shonda | VP | 1 | — |
Recent News & Activity
Recent developments and announcements
The Assurant Foundation has demonstrated active grantmaking in 2024-2025, including support for workforce development initiatives and educational institutions. The foundation awarded $100,000 to Middle Tennessee State University during the opening of a device care center in Mt. Juliet, and provided $30,000 to support the NADA Foundation's workforce initiative in 2025.
Assurant awards $100K grant to MTSU during grand opening of Mt. Juliet device\Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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