Promise A Future Inc is a private foundation focused on Education, based in GRAPEVINE, TX. IRS filing data is available from 2022 through 2023. As of 2023, the organization holds $19K in total assets. In 2023, it awarded 1 grants totaling $15K. Net investment income was $71.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$19K
+95.9% YoY
Annual Giving
$15K
+138.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$15K
+138.9% YoY
About Promise A Future Inc
Based on IRS filings
Promise A Future Inc is a private foundation focused on Education, based in GRAPEVINE, TX. IRS filing data is available from 2022 through 2023. As of 2023, the organization holds $19K in total assets. In 2023, it awarded 1 grants totaling $15K. Net investment income was $71.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 |
|---|---|---|
| Total Assets | $18,986 | $9,690 |
| Revenue | $27,630 | $17,074 |
| Expenses | $18,334 | $7,384 |
| Qualifying Distributions | $18,334 | $7,384 |
| Net Investment Income | $71 | $47 |
| Distributable Amount | — | $393 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2023
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Saheed Yuba Sangha ($14,943).
| Recipient | Purpose | Amount |
|---|---|---|
| Saheed Yuba Sangha | Scholarship Distribution for Visually Impaired students for their education. Saheed Yuba Sangha is an FCRA approved organization under Foreign Exchange rules of India. | $14,943 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gagan Acharya | Secretary | 4 | — |
| Prasanta Behera | President | 4 | — |
| Arundhati Dash | Vice-President | 4 | — |
| Suvasini Sarangi | Treasurer | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Promise A Future Inc?
Promise A Future Inc is a private foundation focused on Education, based in GRAPEVINE, TX. It holds $19K in total assets as of 2023.
How large is Promise A Future Inc?
As of 2023, Promise A Future Inc holds $19K in total assets with $28K in annual revenue. It awarded 1 grants totaling $15K in 2023.
What size grants does Promise A Future Inc award?
In 2023, Promise A Future Inc awarded 1 grants totaling $15K — an average of about $15K per grant, based on its IRS Form 990 filings.
What is Promise A Future Inc's EIN?
Promise A Future Inc's EIN (Employer Identification Number) is 88-3333754. IRS Form 990 filing data is available on this page for 2022–2023.
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Browse active grant opportunities in Promise A Future 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.