LA PROMISE FUND
LA PROMISE FUND
LA PROMISE FUND
AI Summary
LA Promise Fund is a nonprofit organization focused on preparing students in Los Angeles for success in college, career, and life through scholarships, financial aid, and mentoring programs. With an operating budget of $15.4 million and total revenue of $19.5 million for the 2024 filing year, the organization fosters vibrant community hubs and partnerships across LA County, aiming to create motivated and engaged students. It does not rely on a single funder for 50% or more of its revenue. For more information, visit www.lapromisefund.org.
Mission Statement
PREPARING LOS ANGELES STUDENTS FOR SUCCESS IN COLLEGE, CAREER AND LIFE.WORKING THROUGH A NETWORK OF HIGH-PERFOMING,COMMUNITY-BASED SCHOOLS AND A PORTFOLIO OF PROGRAMS THAT REACH STUDENTS THROUGHOUT LA COUNTY,THE LA PROMISE FUND CREATES VIBRANT COMMUNITY HUBS AND PARTNERSHIPS THAT FOSTER MOTIVATED,ENGAGED, AND DIRECTED STUDENTS POISED FOR ACADEMIC, PROFESSIONAL, AND PERSONAL SUCCESS.
Cause Areas
3
Adult and child mentoring
Sororities and fraternities
Scholarships & Financial Aid
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Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is LA PROMISE FUND’s budget?
In 2024, LA PROMISE FUND reported an annual operating budget of around $15.4 million. More detailed financial information is available to registered users.
What causes does LA PROMISE FUND support?
LA PROMISE FUND supports work in Adult and child mentoring, Sororities and fraternities, and Scholarships & Financial Aid.
Where does LA PROMISE FUND operate?
LA PROMISE FUND is headquartered in LOS ANGELES, CA.
Who funded LA PROMISE FUND recently?
In 2025, LA PROMISE FUND received grants from JOSEPH DROWN FOUNDATION, AMERICAN ONLINE GIVING FOUNDATION INC, and SERVICE STATION FOUNDATION F/K/A THE CHERNIN FAMILY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant LA PROMISE FUND received in 2024?
The largest grant to LA PROMISE FUND in 2024 exceeds $1.6 million.
What is LA PROMISE FUND’s reliance on government grants?
LA PROMISE FUND relied on government grants for more than 20% of their total revenue in 2024.