//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
El Dorado Promise Inc. is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2007. The principal officer is Claiborne Deming. It holds total assets of $28.9M. Annual income is reported at $945K. Total assets have grown from $19.6M in 2011 to $30.6M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, El Dorado Promise Inc. has made 4 grants totaling $15.2M, with a median grant of $3.9M. Annual giving has grown from $3.6M in 2020 to $8.3M in 2022. Individual grants have ranged from $3.4M to $4.1M, with an average award of $3.8M. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Arkansas. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
El Dorado Promise Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in AR.
El Dorado Promise Inc. has distributed a total of $15.2M across 4 grants. The median grant size is $3.9M, with an average of $3.8M. Individual grants have ranged from $3.4M to $4.1M.
El Dorado Promise Inc. typically selects its grantees rather than accepting unsolicited proposals.
El Dorado Promise Inc. is headquartered in HOUSTON, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| R W Jenkins | President | $0 | $0 | N/A |
| Jb Gardner | Vice President | $0 | $0 | N/A |
| Et Botner | Vice President | $0 | $0 | N/A |
Total Giving
$3.7M
Total Assets
$30.6M
Fair Market Value
$30.6M
Net Worth
$30.6M
Grants Paid
$3.5M
Contributions
N/A
Net Investment Income
$2.3M
Distribution Amount
$1.6M
Total Grants
4
Total Giving
$15.2M
Average Grant
$3.8M
Median Grant
$3.9M
Unique Recipients
3
Most Common Grant
$4.1M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Classes Of 2019-2022 Scholarshipscholarship | Various, AR | $4.1M | 2022 |
| Classes Of 2018-2021 Scholarshipscholarship | Various, AR | $3.4M | 2021 |
| Classes Of 2017-2020 Scholarshipscholarship | Various, AR | $3.6M | 2020 |