LOS ANGELES, CA
La Promise Fund
Quick Facts
- EIN
- 20-4562686
- Location
- LOS ANGELES, CA
- Category
- Education
- NTEE Code
- B82
- Total Assets
- $49.9M
- Annual Income
- $22.4M
- Annual Revenue
- $19.5M
- IRS Ruling Year
- 2006
- Tax Subsection
- 501(c)(03)
About This Organization
La Promise Fund is a nonprofit organization based in LOS ANGELES, CA. It received its IRS tax-exempt ruling in 2006. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $49.9M. Annual income is $22.4M. The organization has received $8.6M in foundation grants from 19 funders. It has received $33.7M in federal awards from 1 agency.
Grants Received from Foundations
Foundation grants awarded to La Promise Fund, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Broad Foundation | $500K | 2024 | SKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY |
| W M Keck Foundation | $500K | 2024 | TO CONSTRUCT A PERMANENT CAMPUS AND EXPAND ENROLLMENT |
| Joseph Drown Foundation | $100K | 2024 | OPERATING SUPPORT |
| Kroger Co Foundation | $10K | 2024 | ORGANIZATION'S CHARITABLE PURPOSE |
| Service Station Foundation | $947K | 2023 | FOR CHARITABLE PURPOSES |
| Snap Foundation | $100K | 2023 | General & Unrestricted |
| J Paul Getty Trust | $60K | 2023 | TRUSTEE -ARTS AND EDUCATIONAL PROGRAM |
| Joseph Drown Foundation | $50K | 2023 | OPERATING SUPPORT |
| La84 Foundation | $50K | 2023 | YOUTH SPORTS |
| Berti Prough Family Foundation | $50K | 2023 | ASSIST THOSE IN NEED |
| Joseph Drown Foundation | $50K | 2023 | OPERATING SUPPORT |
| Carol And James Collins Foundation | $38K | 2023 | To support Culinary Arts Program |
| Carol And James Collins Foundation | $38K | 2023 | To support Culinary Arts Program |
| Carol And James Collins Foundation | $3K | 2023 | General operating support |
| Jpmorgan Chase Foundation | N/A | 2023 | GENERAL OPERATING SUPPORT |
| Service Station Foundation | $983K | 2022 | FOR CHARITABLE PURPOSES |
| Broad Foundation | $650K | 2022 | SKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY |
| Broad Foundation | $650K | 2022 | SKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY |
| Gates Foundation | $198K | 2022 | K-12 EDUCATION |
| Gates Foundation | $198K | 2022 | K-12 EDUCATION |
| Berti Prough Family Foundation | $96K | 2022 | ASSIST THOSE IN NEED |
| Berti Prough Family Foundation | $96K | 2022 | ASSIST THOSE IN NEED |
| J Paul Getty Trust | $60K | 2022 | TRUSTEE -ARTS AND EDUCATIONAL PROGRAM |
| Joseph Drown Foundation | $60K | 2022 | OPERATING SUPPORT |
| J Paul Getty Trust | $60K | 2022 | TRUSTEE -ARTS AND EDUCATIONAL PROGRAM |
| Kroger Co Foundation | $50K | 2022 | ORGANIZATION'S CHARITABLE PURPOSE |
| Carol And James Collins Foundation | $35K | 2022 | To support Black College Success Initiative |
| Carol And James Collins Foundation | $35K | 2022 | To support Black College Success Initiative |
| Berti Foundation | $25K | 2022 | Annual Fund |
| Katie Mcgrath & J J Abrams Family Foundation | $25K | 2022 | 2022 GIRLS BUILD SUMMIT |
| William & Flora Hewlett Foundation | $25K | 2022 | FOR SPONSORSHIP OF GIRLSBUILD INITIATIVE 2022 |
| William & Flora Hewlett Foundation | $25K | 2022 | FOR SPONSORSHIP OF GIRLSBUILD INITIATIVE 2022 |
| Katie Mcgrath & J J Abrams Family Foundation | $25K | 2022 | 2022 GIRLS BUILD SUMMIT |
| Berti Foundation | $25K | 2022 | Annual Fund |
| Karsh Family Foundation | $10K | 2022 | EDUCATION |
| Karsh Family Foundation | $10K | 2022 | EDUCATION |
| Jpmorgan Chase Foundation | N/A | 2022 | GENERAL OPERATING SUPPORT |
| Jpmorgan Chase Foundation | N/A | 2022 | GENERAL OPERATING SUPPORT |
| Broad Foundation | $325K | 2021 | SKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY |
| Ralph M Parsons Foundation | $120K | 2021 | FOR GENERAL SUPPORT OF EDUCATION AND ENRICHMENT PROGRAMS |
| The Annenberg Foundation | $100K | 2021 | General Operating Support |
| Joseph Drown Foundation | $75K | 2021 | OPERATING SUPPORT |
| J Paul Getty Trust | $60K | 2021 | TRUSTEE-ARTS AND EDUCATIONAL PROGRAM |
| Berti Foundation | $25K | 2021 | Annual Fund |
| The Annenberg Foundation | $10K | 2021 | General Operating Support |
| Karsh Family Foundation | $10K | 2021 | EDUCATION |
| Farbstein Family Charitable Foundation | $1K | 2021 | SEE PART IX-A FOR DETAIL |
| Gates Foundation | $1.1M | 2020 | K-12 EDUCATION |
| Service Station Foundation | $755K | 2020 | FOR CHARITABLE PURPOSES |
| Berti Prough Family Foundation | $155K | 2020 | ASSIST THOSE IN NEED |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of Education | 11 awards totaling $33,681,264 | $33.7M | 2025 |
Frequently Asked Questions
What does La Promise Fund do?
La Promise Fund is a nonprofit organization focused on education, based in LOS ANGELES, CA. It is classified under IRC Section 501(c)(03).
Who funds La Promise Fund?
La Promise Fund has received foundation grants from Broad Foundation, W M Keck Foundation, Joseph Drown Foundation, and others. It has also received federal awards from Department of Education.
What is La Promise Fund's annual revenue?
La Promise Fund reports total assets of $49.9M. Annual income is $22.4M.
Where is La Promise Fund located?
La Promise Fund is located in LOS ANGELES, CA.
Is La Promise Fund a 501(c)(3)?
Yes, La Promise Fund is a 501(c)(3) tax-exempt organization. Its EIN is 20-4562686. Donations to this organization may be tax-deductible.
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