Kalamazoo Promise is a private foundation focused on Education, based in KALAMAZOO, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.0M in total assets. In 2024, it made $25.9M in qualifying distributions. Net investment income was $26.4M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.0M
+98.0% YoY
Revenue
$37.3M
+32.6% YoY
Qualifying Distributions
$25.9M
+9.2% YoY
Expenses
$26.4M
+9.0% YoY
About Kalamazoo Promise
Based on IRS filings
Kalamazoo Promise is a private foundation focused on Education, based in KALAMAZOO, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.0M in total assets. In 2024, it made $25.9M in qualifying distributions. Net investment income was $26.4M.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,021,928 | $11,120,656 | $7,251,327 |
| Revenue | $37,273,590 | $28,103,665 | $23,596,440 |
| Expenses | $26,407,582 | $24,234,111 | $21,154,541 |
| Qualifying Distributions | $25,892,467 | $23,709,675 | $20,570,697 |
| Net Investment Income | $26,395,823 | $24,084,294 | $20,742,046 |
| 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 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Open Grants
1 open opportunity from Kalamazoo Promise
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTHA WARFIELD | SECRETARY | 0.05 | — |
| BARBARA L JAMES | TREASURER | 0.25 | — |
| JANICE M BROWN | PRESIDENT | 0.5 | — |
| DANNIE ALEXANDER | DIRECTOR | 0.05 | — |
| KEVAN HESS | DIRECTOR | 0.05 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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