TO IMPROVE ACADEMIC ACHIEVEMENT AS WELL AS COLLEGE AND CAREER ACCESS AND SUCCESS FORSTUDENTS IN THE RUSSELL WESTBROOK WHY NOT? ACADEMY, SLATE-Z, AND BEYOND.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$49.9M
+3.6% YoY
Revenue
$19.5M
+42.0% YoY
Net Investment Income
$876K
+67.0% YoY
Expenses
$15.9M
+4.2% YoY
About La Promise Fund
Based on IRS filings
La Promise Fund is a nonprofit organization focused on Education, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49.9M in total assets. Net investment income was $876K.
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 | $49,943,711 | $48,218,284 | $49,429,202 |
| Revenue | $19,518,864 | $13,745,998 | $15,071,176 |
| Expenses | $15,946,369 | $15,302,635 | $13,954,124 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $875,668 | $524,417 | — |
| 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
15 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 |
|---|---|---|---|
| FRANK MARSHALL | DIRECTOR | 4 | — |
| JAIME UZETA | DIRECTOR | 4 | — |
| CATHY BENDER | DIRECTOR | 4 | — |
| DANIELLE VICK | DIRECTOR | 8 | — |
| DEAN HALLETT | TREASURER | 4 | — |
| ALISON TEMPLE | DIRECTOR | 4 | — |
| DONNEL BEVERLY | CO-CHAIR | 8 | — |
| IVELISSE ESTRADA | DIRECTOR | 4 | — |
| LEO MEDINA | DIRECTOR (STARTED 6/20/24) | 4 | — |
| FERNANDO FERNANDEZ | DIRECTOR | 8 | — |
| PAUL DEBERNIER | DIRECTOR | 4 | — |
| ELIZABETH MANN | SECRETARY | 8 | — |
| MEGAN CHERNIN | DIRECTOR | 4 | — |
| KATHLEEN KENNEDY | DIRECTOR | 4 | — |
| BRIAN MCNAMEE | DIRECTOR | 4 | — |
| STEPHEN PROUGH | CO-CHAIR | 8 | — |
| AMIT VERMA | DIRECTOR | 4 | — |
| ALI POWELL | DIRECTOR | 4 | — |
| RUSSELL WESTBROOK | DIRECTOR | 4 | — |
| SIMON OSBORN | DIRECTOR | 4 | — |
| PETER JAROWEY | DIRECTOR | 4 | — |
| MELISSA STEPHENS | DIRECTOR | 4 | — |
| TANESHA DUNCAN | DIRECTOR | 4 | — |
| MOLLY PARK | DIRECTOR (STARTED 6/20/24) | 4 | — |
| VERONICA MELVIN | CEO/PRESIDENT | 40 | $269,835 |
| EDGAR CAMPOS | CHIEF ADVANCEMENT OFFICER (STARTER 3/25/24) | 40 | — |
| RON FERNANDO | CFO (STARTED 4/4/24) | 40 | — |
| IBERT SCHULTZ | EXEC DIR OF BLACK COLLEGE SUCCESS | 40 | $210,960 |
| LILIANA VASQUEZ | COO | 40 | $154,615 |
| LESLIE TRESUN | DIRECTOR OF GRANTS MANAGEMENT | 40 | $104,202 |
| DARLA VANCE | PRINCIPAL | 40 | $119,199 |
| ZEIDY REVOLORIO | PRINCIPAL | 40 | $120,423 |
| KYLE MILLER | CHIEF STRATEGIC OFFICER (7/1/23-9/30/23) | 40 | $122,838 |
| DONNA JACOBSON | CHIEF ACADEMIC OFFICER (7/1/23-9/30/23) | 40 | $133,619 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is La Promise Fund?
La Promise Fund is a nonprofit organization focused on Education, based in LOS ANGELES, CA. It holds $49.9M in total assets as of 2024.
How large is La Promise Fund?
As of 2024, La Promise Fund holds $49.9M in total assets with $19.5M in annual revenue.
Where does La Promise Fund operate?
La Promise Fund has awarded grants in California.
What is La Promise Fund's EIN?
La Promise Fund's EIN (Employer Identification Number) is 20-4562686. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in La Promise Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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