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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
Christine E Moser Foundation
NEW BRITAIN, CT
Assets
$767K
Grants
7
Total Given
$36K
The Ravengate Foundation
OLD GREENWICH, CT
Assets
$1.2M
Grants
3
Total Given
$70K
Alderman Family Foundation
SALISBURY, CT
Assets
$33K
Grants
5
Total Given
$650
Calf Island Foundation
GREENWICH, CT
Assets
$172K
Grants
1
Total Given
$10K
Russel R Taylor Foundation
GREENWICH, CT
Assets
$2.6M
Grants
3
Total Given
$224K
Nancy a Larson Foundation Inc
OLD LYME, CT
Assets
$9K
Grants
8
Total Given
$12K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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