On April 19, 1907, Guarany was founded by eleven friends at Praça da Matriz (Matriz Square). The club was supposed to be called "Internacional", but it ended up named after
Carlos Gomes'
Il Guarany. Carlos Garrastazú, one of the club's founders, was Guarany's first president. In 1920, Guarany won the
second edition of the Campeonato Gaúcho, being the first
Gaúcho club to win a title with a black player on field. Their famous second
Gauchão title was conquered later on 1938. The reason for the fame is that the club remains the only to win two editions of the
Gauchão and the third most victorious of the competition outside the
Grenal duo. Besides, Guarany also won the
Campeonato Gaúcho Second Division in 1969 and 2006 and the
Campeonato Gaúcho Third Division in other three occasions, being one of the three teams of Rio Grande do Sul to win all three state divisions, together with
Sport Club Rio Grande and
Esporte Clube Cruzeiro. Apart from those titles, Guarany has won the
Campeonato Gaúcho do Interior 6 times, which is the title given to the club outside the
Grenal duo that has the best performance in the state league, and the
Bagé town championship 28 times, being the biggest champion of the competition, although only ahead of their rival
GE Bagé (23 titles) and the no longer existing
Grêmio Sportivo Ferroviário (1 title). ==Honours==