Public Charity

LA PROMISE FUND

LA PROMISE FUND is a nonprofit organization categorized as Public Charity based in LOS ANGELES, CA. Its most recent IRS filing (2025) reports revenue of $19.8M, expenses of $21.9M, total assets of $45.8M. Imperigo tracks 112 reported grant relationships connected to this organization totaling approximately $13.9M.

EIN: 204562686 LOS ANGELES, CA Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$19.8M
Total Expenses$21.9M
Total Assets$45.8M
Grant Records112
Funding Total$13.9M
Filing Years2021–2025

Mission

TO PROVIDE STUDENTS WITH ACADEMIC AND ENRICHMENT OPPORTUNITIES THAT SPARK PASSION, EMPOWER LEADERSHIP, AND PREPARE THEM FOR THEIR CHOSEN COLLEGE AND CAREER PATHS.

Where $100 goes at LA Promise Fund

How LA Promise Fund divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$81 Programs the work itself
$16 Management running the organization
$3 Fundraising raising the next dollar

Inside the $81 for programs

$60
Working through our charter schools and a portfolio of programs that reach students throughout la county, LA Promise Fund creates vibrant community hubs and partnerships that foster motivated…
75% of program spending
$16
Building college success (bcs) is a south la-focused initiative that partners with select colleges and universities to create pathways for college success, enabling more students from 11 south…
19% of program spending · Reported in the filing: 11 schools
$5
Artsmatter delivers impactful arts education programs to Los Angeles schools by equipping teachers with resources to integrate media arts into their classrooms
6% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Ali Powell
DIRECTOR Alison Temple
DIRECTOR Amit Verma
DIRECTOR Brian Mcnamee
SR. DIRECTOR OF PEOPLE & OPERATIONS Camira Carter
DIRECTOR Danielle Vick

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,589,245 47 grants
Education
$2,161,557 30 grants
Human & Social Services
$1,235,000 3 grants
Health & Medicine
$327,088 2 grants
Food Assistance & Nutrition
$262,919 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $19.8M $21.9M $45.8M
2024 $19.5M $15.9M $49.9M
2023 $13.7M $15.3M $48.2M
2022 $15.1M $14.0M $49.4M
2021 $12.9M $10.8M $9.0M

Between 2021 and 2025, reported annual revenue grew from $12.9M to $19.8M (+54%), with total assets most recently reported at $45.8M.

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

See the full picture for LA PROMISE FUND

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