Baltimores Promise Inc is a private foundation focused on Youth Development, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $409K in total assets. In 2024, it awarded 6 grants totaling $641K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$409K
+89.6% YoY
Annual Giving
$641K
+285.1% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$107K
+156.7% YoY
About Baltimores Promise Inc
Based on IRS filings
Baltimores Promise Inc is a private foundation focused on Youth Development, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $409K in total assets. In 2024, it awarded 6 grants totaling $641K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $409,479 | $215,961 | $382,366 |
| Revenue | $834,340 | — | — |
| Expenses | $640,822 | $166,405 | $1,050,000 |
| Qualifying Distributions | $640,822 | $166,405 | $1,050,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Baltimores Promise II ($200,000), The Urban Alliance ($171,385), Bon Secours Community Works ($115,427).
| Recipient | Purpose | Amount |
|---|---|---|
| Civic Works Baltimore, MD | Workforce Development | $67,114 |
| Community College of Baltimore County Baltimore, MD | Workforce Development | $20,369 |
| The Urban Alliance Washington, DC | Workforce Development | $171,385 |
| Baltimores Promise II Baltimore, MD | Workforce Development | $200,000 |
| Maryland New Directions Baltimore, MD | Workforce Development | $66,527 |
| Bon Secours Community Works Baltimore, MD | Workforce Development | $115,427 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Matthew Gallagher | Co-Chair | 1 | — |
| Lisa Hamilton | Co-Chair | 1 | — |
| Franklyn Baker | Treasurer | 1 | — |
| Danista Hunte | Secretary | 1 | — |
| John Brothers | Director | 1 | — |
| Ronald Daniels | Director | 1 | — |
| Robert Embry | Director | 1 | — |
| Bruce Jarrell | Director | 1 | — |
| Mark Lerner | Director | 1 | — |
| Rachel Monroe | Director | 1 | — |
| Brian Pieninck | Director | 1 | — |
| Sonja Santelises | Director | 1 | — |
| Shanaysha Sauls | Director | 1 | — |
| Brandon Scott | Director | 1 | — |
| David Wilson | Director | 1 | — |
| Diane Bell McKoy | Director | 1 | — |
| Letitia Dzirasa | Director | 1 | — |
| Donald Fry | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Baltimores Promise Inc?
Baltimores Promise Inc is a private foundation focused on Youth Development, based in BALTIMORE, MD. It holds $409K in total assets as of 2024.
How large is Baltimores Promise Inc?
As of 2024, Baltimores Promise Inc holds $409K in total assets with $834K in annual revenue. It awarded 6 grants totaling $641K in 2024.
Where does Baltimores Promise Inc operate?
Baltimores Promise Inc has awarded grants in District of Columbia, Maryland.
What size grants does Baltimores Promise Inc award?
In 2024, Baltimores Promise Inc awarded 6 grants totaling $641K — an average of about $107K per grant, based on its IRS Form 990 filings.
What is Baltimores Promise Inc's EIN?
Baltimores Promise Inc's EIN (Employer Identification Number) is 46-4939110. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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