Private Foundation

The Promise Foundation Inc

The Promise Foundation Inc is a private foundation categorized as Private Foundation based in Wilmington, NC. Its most recent IRS filing (2025) reports revenue of $15K, expenses of $27K, total assets of $31K. Imperigo tracks 51 reported grants from this foundation totaling approximately $167K.

EIN: 205217323 Wilmington, NC Latest filing: 2025

Total Revenue$15K

Total Expenses$27K

Total Assets$31K

Grants Given51

Grant Total$167K

Filing Years2021–2025

Sample Grants Given

Good Deeds of Wilmington LLC

Wilmington, NC · 2025

Provide affordablehousing for teachers

$25,000

Food Bank of Central & Eastern NC

Wilmington, NC · 2025

Provide food & advance long term solutionsfor hunger relief

$1,000

Nourish NC

Tampa, FL · 2025

Feeding hungry kidsin New HanoverCounty, NC

$500

Fitch Family Comprehensive Pediatric Rehab Program

Chapel Hill, NC · 2024

Support for pediatricspeech, occupational, &other life services

$2,500

Samaritan's Purse

Boone, NC · 2024

Hurricane Helenedisaster relief

$1,000

Showing up to 5 of 51 total records — full history available with membership.

Officers & Directors

Vice-Pres. Benjamin Vincent

President Denise Mvincent

Treasurer Jon T Vincent

Secretary Katherine Nicholas

Officer compensation and complete director data available with membership.

Top Grant Purposes

Donation to benefit homefor recipient

$28,333 1 grant

Provide affordablehousing for teachers

$25,000 1 grant

Prevention ofsex trafficking

$11,000 2 grants

To provide facilitiesand support for multiple missions

$10,500 1 grant

Donation to supportbuilding of homes for the homeless.

$10,000 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2025	$15K	$27K	$31K
2024	$13K	$8K	$43K
2023	$194	$1K	$37K
2022	$1K	$3K	$38K
2021	$2K	$23K	$40K

Between 2021 and 2025, reported annual revenue grew from $2K to $15K (+629%), with total assets most recently reported at $31K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in FL, NC, TN.

FLNCTN

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for The Promise Foundation Inc

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports