New Haven Promise works to build a culture in the public schools in which students aspire to attend and graduate from college; to provide financial incentives and support for those students; and to facilitate their return to live, work and serve in the greater New Haven community.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.0M
+32.7% YoY
Annual Giving
$4.8M
+16.1% YoY
Grant Count
21
+16.7% YoY
Avg Grant Size
$228K
-0.5% YoY
About New Haven Promise Inc
Based on IRS filings
New Haven Promise Inc is a nonprofit organization focused on Human Services, based in NEW HAVEN, CT. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.0M in total assets. In 2025, it awarded 21 grants totaling $4.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,968,372 | $2,236,518 | $2,057,306 |
| Revenue | $6,221,208 | $5,304,401 | $5,195,298 |
| Expenses | $5,837,918 | $5,206,260 | $5,043,547 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 10 recipients in 2025
Grant Size Distribution
85 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include University of Connecticut ($2,774,398), Southern Connecticut State University ($707,816), University of New Haven ($222,672).
| Recipient | Purpose | Amount |
|---|---|---|
| University of Connecticut Storrs, CT | Scholarship | $2,774,398 |
| Southern Connecticut State University New Haven, CT | Scholarship | $707,816 |
| University of New Haven West Haven, CT | Scholarship | $222,672 |
| Yale University New Haven, CT | Scholarship | $131,875 |
| Hampton University Hampton, VA | Scholarship | $112,500 |
| Central Connecticut State University New Britain, CT | Scholarship | $106,111 |
| Eastern Connecticut State University Willimantic, CT | Scholarship | $98,065 |
| CT State - Gateway Community College New Haven, CT | Scholarship | $89,556 |
| Quinnipiac University Hamden, CT | Scholarship | $80,286 |
| Howard University Washington, DC | Scholarship | $80,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Patricia Melton | President | 40 | $225,411 |
| Brett Hoover | Director - Data and Digital Strategy | 40 | $102,451 |
| Maurie McInnis | Board Chair | 0.5 | — |
| Justin Elicker | Director | 0.5 | — |
| Karen DuBois-Walton | Director | 0.5 | — |
| Christopher O'Connor | Director | 0.5 | — |
| Nathan Fuerst | Director | 0.5 | — |
| July D Olian | Director | 0.5 | — |
| Tamar Gendler | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Haven Promise Inc?
New Haven Promise Inc is a nonprofit organization focused on Human Services, based in NEW HAVEN, CT. It holds $3.0M in total assets as of 2025.
How large is New Haven Promise Inc?
As of 2025, New Haven Promise Inc holds $3.0M in total assets with $6.2M in annual revenue. It awarded 21 grants totaling $4.8M in 2025.
Where does New Haven Promise Inc operate?
New Haven Promise Inc has awarded grants in Connecticut, District of Columbia, Georgia, Maryland, North Carolina, Virginia.
What size grants does New Haven Promise Inc award?
In 2025, New Haven Promise Inc awarded 21 grants totaling $4.8M — an average of about $228K per grant, based on its IRS Form 990 filings.
What is New Haven Promise Inc's EIN?
New Haven Promise Inc's EIN (Employer Identification Number) is 81-1267064. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in New Haven Promise Inc'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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