OAKLAND PROMISE

OAKLAND, CA, US
501(c)(3)
EIN
54-2103707
Logo for "OAKLAND PROMISE"
OAKLAND, CA, US
501(c)(3)
EIN
54-2103707

Overview

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Est.

2002

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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Oakland Promise is a nonprofit organization dedicated to providing educational financial assistance through scholarships and financial aid. With an operating budget of $13.4 million and total revenue of $20.7 million for the 2024 filing year, it aims to support students in Oakland. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. For more information, visit www.oaklandpromise.org.

Mission Statement

EDUCATIONAL FINANCIAL ASSISTANCE
Revenues

$20.7M

Expenses

$15.9M

Net Income:
+$4.8M
Assets

$85M

Liabilities

$9.1M

Net Assets:
+$75.9M
Operating Budget

$13.4M

Operating Budget by Year

Due Diligence

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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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Total No. of Grants

23

Median grant size
$50K
Largest grant received
$21.8M
S
Sandra Ernst
Board Member
M
Michael McAfee
Board Member
S
Susan Stutzman
Board Member

Frequently Asked Questions

What is OAKLAND PROMISE’s budget?
In 2024, OAKLAND PROMISE reported an annual operating budget of around $13.4 million. More detailed financial information is available to registered users.
What causes does OAKLAND PROMISE support?
OAKLAND PROMISE supports work in Education and Scholarships & Financial Aid.
Where does OAKLAND PROMISE operate?
OAKLAND PROMISE is headquartered in OAKLAND, CA.
Who funded OAKLAND PROMISE recently?
In 2025, OAKLAND PROMISE received grants from KOSHLAND FOUNDATION, AMERICAN ONLINE GIVING FOUNDATION INC, and THE VANCE R AND COLLEEN H ANDRUS FAMILY FOUNDATION AKA THE INDIGO OAK FUND. More information on this organization’s funders is available to registered users.
What is the largest grant OAKLAND PROMISE received in 2024?
The largest grant to OAKLAND PROMISE in 2024 exceeds $21.8 million.
What is OAKLAND PROMISE’s reliance on government grants?
OAKLAND PROMISE relied on government grants for more than 50% of their total revenue in 2024.
Overview
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