Fund for Guaranteed Income

What Fund for Guaranteed Income does

Fund for Guaranteed Income (F4GI) is a 501(c)(3) tax-exempt nonprofit organization founded in 2022 and headquartered in Los Angeles, California, that builds technology and infrastructure for guaranteed income programs. The organization operates a customizable cash transfer payments platform designed for government agencies and community organizations, offering multi-payment options, a participant-facing user portal, and administrative dashboards with reporting tools. F4GI has served 6,000 beneficiaries with $21M disbursed across 48,262 transactions, running pilots that include the Compton Pledge (largest city-based guaranteed income pilot in the US), Chicago Future Fund, Long Beach Pledge, Sonoma County Pathway to Income Equity, Philadelphia GROW Program, Community Love Fund, and Mothers Rising for Guaranteed Basic Income.

Beyond cash transfers, F4GI has expanded into adjacent product lines including Courtreminders.org (an SMS court date notification tool with documented Failure to Appear reductions of 26% in NYC and up to 90% in Nebraska) and CalEITC4Me (a tax credit eligibility calculator expected to drive 500,000+ uses in 2026). The platform also provides no-cost financial services for unbanked participants, described as a first-of-its-kind offering in US guaranteed income initiatives.

F4GI's business model is sales-led and partnership-driven, engaging directly with municipal, county, and state government agencies as well as community nonprofits to implement programs end-to-end. Revenue derives from philanthropic foundation grants (Amazon Studios Foundation, California Wellness Foundation, Conrad N. Hilton Foundation, Goldhirsh Foundation, The Greater LA Education Foundation) and government contracts including American Rescue Plan Act funding, with the vast majority of funds passed through to beneficiaries as direct cash disbursements. The organization is a member of the Mayors for a Guaranteed Income Coalition and operates with a small team of 1-10 employees.

Name

Fund for Guaranteed Income

Legal name

Fund for Guaranteed Income

Website

https://f4gi.org

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Fund for Guaranteed Income (F4GI) is a 501(c)(3) nonprofit that builds a customizable cash transfer payments platform and runs end-to-end guaranteed income pilots for government agencies and community organizations across California, Illinois, and Pennsylvania.

Ownership category

akta.pro rank

Product category

Nonprofit Social Services Technology

NAICS

Grantmaking and Giving Services (81321), Health and Welfare Funds (525120)

SIC

Finance Services (6199)

akta.pro primary industry

Income Support & Cash Assistance Programs (BPAIAKAE)

akta.pro secondary industries

Social Impact & Inclusive Finance Funds (FSANAJAH), Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB)

Keywords

• Cash transfer programs
• Guaranteed income infrastructure
• Direct cash assistance
• Social safety net
• Nonprofit technology platform

Headquarters

HQ city

Compton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Philanthropic Foundation Grants: Funded primarily by private donors including major foundations such as Amazon Studios Foundation, California Wellness Foundation, Conrad N. Hilton Foundation, Goldhirsh Foundation, and The Greater LA Education Foundation. The vast majority of funds go directly toward cash disbursements.
2. Government Contracts and Grants: Government partnerships for pilot programs including American Rescue Plan Act funds from cities like Sonoma County, and government-backed initiatives

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Fund for Guaranteed Income builds and operates a customizable cash transfer platform for government and community organizations to launch and administer guaranteed income pilot programs. The organization provides end-to-end program design, rollout, and ongoing support, handling payment disbursement, recipient management, and reporting for partners such as the City of Compton, Long Beach, Sonoma County, Philadelphia, and nonprofit organizations like Equity and Transformation and The National Council.

Product overview

Fund for Guaranteed Income operates a unified platform model centered on their F4GI Payments Platform, a customizable cash transfer solution for government and community organizations. The platform supports multiple programs including the Compton Pledge, Chicago Future Fund, Long Beach Pledge, Truth and Reconciliation, Community Love Fund, Mothers Rising for Guaranteed Basic Income, Philadelphia GROW Program, Sonoma County Pathway to Income Equity, and Housing Pledge. Additional products include Courtreminders.org (a court date notification tool) and CALEITC4Me (a tax credit calculator for California families). The organization functions as both a technology provider and implementation partner for guaranteed income programs.

Differentiator

Problem solved

Functional benefit

Products and services

• F4GI Payments Platform A customizable cash transfer platform offering multiple payment options, a participant-facing user portal for tracking and managing payments, and administrative and reporting tools with industry-leading security and privacy. Designed for government agencies and community organizations to implement guaranteed income programs.
• Courtreminders.org

Quantifiable outcome

• 6,000 beneficiaries served with $21M disbursed across 48,262 transactions
• +4 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core.

• Jain Family InstitutecoreStrategic or Co-development Partner · 1 January 2020JFI is a core coalition partner in building guaranteed income programs, specifically mentioned in relation to the Compton Pledge as a key partner alongside F4GI and Mayor Aja Brown.
• JusticeLA CoalitioncoreStrategic or Co-development PartnerF4GI launched court notification tool (Courtreminders.org) in partnership with JusticeLA coalition to provide free court hearing reminders throughout Los Angeles County.
• The National CouncilcoreImplementation/ SI/ Consulting PartnerF4GI serves as disbursement and implementation partner for The National Council's Community Love Fund, the first program delivering Guaranteed Income to Incarcerated and Formerly Incarcerated Women.
• Golden State OpportunitycoreStrategic or Co-development PartnerF4GI partnered with Golden State Opportunity to develop the CalEITC4Me Tax Credit Calculator for helping California families claim tax credits they are owed.
• Rising CommunitiescoreImplementation/ SI/ Consulting PartnerF4GI supports Mothers Rising for Guaranteed Basic Income program implemented by Rising Communities, disbursing payments to 100 mothers in South LA.
• Equity and Transformation (EAT)coreImplementation/ SI/ Consulting PartnerF4GI serves as implementation partner for EAT's Chicago Future Fund guaranteed income pilot, modifying their technology to match program requirements.
• ACLU LAcoreStrategic or Co-development PartnerF4GI partners with ACLU LA on the Truth and Reconciliation Program - the first guaranteed income program in the country to focus specifically on those impacted by police violence.
• Mayors for a Guaranteed Income CoalitioncoreStrategic or Co-development PartnerF4GI is part of the Mayors for a Guaranteed Income Coalition advocating for more pilots and policies in the US.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• GiveDirectly: GiveDirectly operates one of the largest direct cash transfer programs globally, serving extremely low-income households with unconditional cash. Like F4GI, it builds the infrastructure and partnerships needed to deliver cash transfers at scale, and represents the most direct analog to F4GI's platform-plus-implementation model in the US guaranteed income space.
• OpenResearch: OpenResearch runs the largest US basic income study (the Sam Altman-funded OpenAI study) and partners with GiveDirectly on disbursement. It is the most directly comparable US research-and-implementation peer in the guaranteed income / cash transfer category.
• Jain Family Institute: JFI is a research and policy organization that designs, studies, and advocates for guaranteed income pilots. JFI is identified as a core coalition partner alongside F4GI on the Compton Pledge and operates in the same guaranteed income evidence-building space.
• Economic Security Project: Economic Security Project is a national funder and advocacy organization that supports cash assistance pilots and policy reform, including the Stockton SEED demonstration. It is one of the most direct peers in the cash transfer advocacy and funding ecosystem.
• Mayors for a Guaranteed Income (MGI): MGI is a coalition of mayors advancing guaranteed income pilots and policy in the US. F4GI is explicitly part of the MGI coalition and serves as the implementation/technology backbone for many MGI-affiliated pilots, making MGI both a partner and the closest coalition peer.

Broad incumbents

• PolicyLink: PolicyLink is a national research and action institute advancing racial and economic equity, including advocacy for guaranteed income. It overlaps with F4GI's coalition-building, research, and policy influence work, though it operates at a broader policy advocacy scale rather than running payment infrastructure.
• Code for America: Code for America builds digital tools for government benefits access (e.g., GetCalFresh, ClearMyRecord). It overlaps with F4GI's mission of modernizing social safety net delivery through government-facing technology, though it operates across many benefits verticals rather than focusing on cash transfers.
• Nava PBC: Nava is a public benefit corporation that builds and modernizes government benefits systems, including benefits applications and payment infrastructure. It serves similar government clients as F4GI and addresses overlapping problems of outdated social service delivery technology.
• Center on Budget and Policy Priorities: CBPP is a leading US policy research organization focused on low-income programs, including cash assistance and tax credits (e.g., EITC advocacy that aligns with CalEITC4Me). It is comparable in the policy/research layer, though much larger and not an implementation partner.

Emerging players

• Propel Inc. Propel provides a Fresh EBT app used by millions of SNAP recipients to manage benefits and check EITC eligibility. It is an emerging peer in the benefits-access and tax-credit awareness space that overlaps with F4GI's CalEITC4Me and unbanked financial services products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks3 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fund-for-guaranteed-income

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Fund for Guaranteed Income