Bright Promises Foundation logo

Bright Promises Foundation

CHICAGO, IL EIN: 36-2182047 Website

TO IDENTIFY, FUND, AND SHARE SOLUTIONS TO UNDERRECOGNIZED NEEDS OF CHILDREN AND YOUTH MOST ADVERSELY IMPACTED BY INEQUITY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.0M

-4.6% YoY

Annual Giving

$367K

-30.9% YoY

Grant Count

14

-39.1% YoY

Avg Grant Size

$26K

+13.5% YoY

About Bright Promises Foundation

Based on IRS filings

Bright Promises Foundation is a nonprofit organization focused on Environment & Animals, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 14 grants totaling $367K. Net investment income was $205K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

ChicagoEvanstonGenevaLake ZurichMattesonSpringfieldUnion CityWinfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$403K$806K$1M$2M201920202021202220232024
Metric202420232022
Total Assets$5,963,846$6,252,199$4,785,425
Revenue$461,402$1,465,878$1,137,076
Expenses$895,612$980,501$768,019
Qualifying Distributions
Net Investment Income$204,775$252,600$118,917
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$133K$266K$398K$531K23 grants201924 grants202017 grants202119 grants202223 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PALENQUE LSNA$45KUCAN$40KCHICAGO YOUTH PROGRAMS$40KALLIANCE OF THE SOUTHEAST$40KNEW COMMUNITY OUTREACH$40KALTERNATIVES INC$40KKUUMBA LYNX$40KTHE ROOTS INITIATIVE$20KHUMANITY RISING$20KILLINOIS AFTERSCHOOL NET…$10K

Grant Size Distribution

97 grants across all recorded years

96<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

3 open opportunities from Bright Promises Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Palenque Lsna ($45,000), Ucan ($40,000), Chicago Youth Programs ($40,000).

RecipientPurposeAmount
A HOUSE IN AUSTIN CHICAGO, ILGENERAL OPERATING$8,000
CHICAGO COMMONS ASSOCIATION CHICAGO, ILGENERAL OPERATING$8,000
ONWARD NEIGHBORHOOD HOUSE CHICAGO, ILGENERAL OPERATING$8,000
CHILDREN'S PLACE ASSOCIATION CHICAGO, ILGENERAL OPERATING$8,000
THE ROOTS INITIATIVE CHICAGO, ILGENERAL OPERATING$20,000
HUMANITY RISING LAKE ZURICH, ILGENERAL OPERATING$20,000
PALENQUE LSNA CHICAGO, ILGENERAL OPERATING$45,000
UCAN CHICAGO, ILGENERAL OPERATING$40,000
CHICAGO YOUTH PROGRAMS CHICAGO, ILGENERAL OPERATING$40,000
ALLIANCE OF THE SOUTHEAST CHICAGO, ILGENERAL OPERATING$40,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KATHERINE KOREYEXECUTIVE DIRECTOR$105K

From 2024 filing

NameTitleHoursCompensation
NANCY SNYDERPRESIDENT1.5
ANDREASON BROWNVICE PRESIDENT1
SCOTT BISHOPTREASURER1
NANNETTE ZANDERSECRETARY1
DEAN BENSONDIRECTOR0.5
RYAN BILLERDIRECTOR0.5
NICK BRUCEDIRECTOR0.5
CHRISTINE M CALDERONDIRECTOR0.5
NEELAMJIT KAUR DHALIWALDIRECTOR0.5
MARICELA GARCIADIRECTOR0.5
DEEPAK GAURDIRECTOR0.5
CRAIG GUTIERREZDIRECTOR0.5
RANDALL HARDYDIRECTOR0.5
AIMEE HILADODIRECTOR0.5
TARA LEJADIRECTOR0.5
JASON NIERMANDIRECTOR0.5
SENDHIL REVULURIDIRECTOR0.5
BARONICA ROBERSONDIRECTOR0.5
JAY ROSENBLOOMDIRECTOR0.5
AMANDA VALLEJODIRECTOR0.5
KATHERINE KOREYEXECUTIVE DIRECTOR40$105,040

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bright Promises Foundation?

Bright Promises Foundation is a nonprofit organization focused on Environment & Animals, based in CHICAGO, IL. It holds $6.0M in total assets as of 2024.

How large is Bright Promises Foundation?

As of 2024, Bright Promises Foundation holds $6.0M in total assets with $461K in annual revenue. It awarded 14 grants totaling $367K in 2024.

Where does Bright Promises Foundation operate?

Bright Promises Foundation has awarded grants in Illinois, New Jersey.

What size grants does Bright Promises Foundation award?

In 2024, Bright Promises Foundation awarded 14 grants totaling $367K — an average of about $26K per grant, based on its IRS Form 990 filings.

What is Bright Promises Foundation's EIN?

Bright Promises Foundation's EIN (Employer Identification Number) is 36-2182047. IRS Form 990 filing data is available on this page for 2019–2024.

Explore Open Grants

Browse active grant opportunities in Bright Promises Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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