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

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

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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

120 grants across all recorded years

116<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Bright Promises Foundation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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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

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

ChicagoEvanstonGenevaLake ZurichMattesonSpringfieldUnion CityWinfield

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

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