Five Promises for Children is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it made $210 in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
-4.1% YoY
Revenue
—
Qualifying Distributions
$210
-91.8% YoY
Expenses
$420
-89.8% YoY
Under IRS private-foundation payout rules, Five Promises for Children reported a distributable amount of $495 for 2024 — the minimum it must pay out in qualifying distributions.
About Five Promises for Children
Based on IRS filings
Five Promises for Children is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it made $210 in qualifying distributions.
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 | $9,915 | $10,335 | $14,444 |
| Revenue | — | — | — |
| Expenses | $420 | $4,109 | $442 |
| Qualifying Distributions | $210 | $2,548 | $161 |
| Net Investment Income | — | — | — |
| Distributable Amount | $495 | $604 | $720 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jack Rossi | Chairman | 1 | — |
| Richard Donovan | Secretary | 1 | — |
| Diane Strong-Treister | Director | 0.5 | — |
| Ann Starcher | Director | 0.5 | — |
| Linda Hickman | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Five Promises for Children?
Five Promises for Children is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, WV. It holds $10K in total assets as of 2024.
How large is Five Promises for Children?
As of 2024, Five Promises for Children holds $10K in total assets.
Where does Five Promises for Children operate?
Five Promises for Children has awarded grants in West Virginia.
How much is Five Promises for Children required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Five Promises for Children reported a distributable amount of $495 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Five Promises for Children's EIN?
Five Promises for Children's EIN (Employer Identification Number) is 26-4542011. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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