Public Charity

LA PROMESA FOUNDATION

LA PROMESA FOUNDATION is a Public Charity headquartered in MIDLAND, TX. Financial data from the 2025 filing: $5.8M revenue, $6.3M expenses, $6.4M total assets. 42 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.

EIN: 752648137 MIDLAND, TX Latest filing: 2025
Total Revenue$5.8M
Total Expenses$6.3M
Total Assets$6.4M
Grant Records42
Funding Total$1.2M
Filing Years2021–2025

Mission

TO PROMOTE CATHOLIC PROGRAMS

Officers & Directors

EXECUTIVE DIRECTOR David Palmer
Secretary Janice Gist
DIR OF DEVELOPMENT Joseph Schuler Jr
ENGINEER Kent Loney
Treasurer Mark Stoltz
Director Martha Schwartz

Officer compensation and complete director data available with membership.

Top Grant Purposes

general support
$300,000 1 grant
RELIGION
$203,580 5 grants
For grant recipient's exempt purposes
$191,490 9 grants
RELIGION RELATED
$162,450 6 grants
TO SUPPORT CATHOLIC RELIGIOUS AND CHARITABLE ACTIVITIES
$130,842 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.8M $6.3M $6.4M
2024 $5.7M $5.8M $7.0M
2023 $5.7M $5.3M $6.9M
2022 $5.3M $5.1M $6.5M
2021 $5.1M $4.4M $6.3M

Between 2021 and 2025, reported annual revenue grew from $5.1M to $5.8M (+14%), with total assets most recently reported at $6.4M.

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

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