Promises2kids Foundation
CREATING A BRIGHTER FUTURE FOR FOSTER CHILDREN.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.7M
-6.1% YoY
Annual Giving
$314K
+2.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$157K
+2.5% YoY
About Promises2kids Foundation
Based on IRS filings
Promises2kids Foundation is a nonprofit organization, based in SAN DIEGO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.7M in total assets. In 2024, it awarded 2 grants totaling $314K. Net investment income was $514K.
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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 | $18,698,226 | $19,906,757 | $17,939,955 |
| Revenue | $7,007,937 | $9,405,403 | $10,317,382 |
| Expenses | $9,564,576 | $8,020,515 | $6,601,011 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $514,268 | $429,953 | $454,955 |
| 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 2 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rady's Children Hospital ($214,356), Healthy Adventures Foundation ($99,711).
| Recipient | Purpose | Amount |
|---|---|---|
| HEALTHY ADVENTURES FOUNDATION SAN DIEGO, CA | ENHANCEMENT | $99,711 |
| RADY'S CHILDREN HOSPITAL SAN DIEGO, CA | ENHANCEMENT | $214,356 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TONYA TOROSIAN | CEO | 40 | $323,568 |
| MELISSA NICHOLS | CONTROLLER | 40 | $110,692 |
| STEPHANIE ORTEGA | CHIEF OPERATIONS OFFICER | 40 | $205,564 |
| PAUL ZAMORA | CHAIR | 0.53 | — |
| BRETT PERNICANO | VICE-CHAIR | 0.56 | — |
| JOAN WAITT | IMMEDIATE PAST CHAIR | 0.33 | — |
| ANDREW BOLINGER | TREASURER | 0.58 | — |
| EMILY GREEN LAKE | SECRETARY | 0.41 | — |
| DANIELLE C HUMPHRIES | EXECUTIVE COMMITTEE MEMBER AT LARGE (TERMINATED) | 0.16 | — |
| ARIANNE BETTAZZI | MEMBER AT-LARGE | 0.35 | — |
| CARRIE MILLER | MEMBER AT-LARGE | 0.45 | — |
| JAYE-CONNOLLY LABELLE | MEMBER AT-LARGE | 0.3 | — |
| KAREN SEDGWICK | MEMBER AT-LARGE | 0.35 | — |
| LYNNE DOYLE | MEMBER AT-LARGE | 0.3 | — |
| MARK WILLS | MEMBER AT-LARGE | 0.3 | — |
| MIA PARK | MEMBER AT-LARGE | 0.33 | — |
| STEVE WALTON | MEMBER AT-LARGE | 0.24 | — |
| DUSTIN TENBROECK | MEMBER AT-LARGE | 0.22 | — |
| PURVI MEHRA | MEMBER AT-LARGE | 0.16 | — |
| ABDI YUSUF | MEMBER AT-LARGE | 0.18 | — |
| JEFFREY STRAUSS | MEMBER AT-LARGE (TERMINATED) | 0.09 | — |
| TIFFANY ROSIK | MEMBER AT-LARGE (TERMINATED | 0.15 | — |
| NINA OVALLE | MEMBER AT-LARGE (TERMINATED | 0.01 | — |
| MERRILEE NEAL | MEMBER AT-LARGE (TERMINATED | 0.2 | — |
Frequently Asked Questions
How large is Promises2kids Foundation?
As of 2024, Promises2kids Foundation holds $18.7M in total assets with $7.0M in annual revenue. It awarded 2 grants totaling $314K in 2024.
Where does Promises2kids Foundation operate?
Promises2kids Foundation has awarded grants in California.
What size grants does Promises2kids Foundation award?
In 2024, Promises2kids Foundation awarded 2 grants totaling $314K — an average of about $157K per grant, based on its IRS Form 990 filings.
What is Promises2kids Foundation's EIN?
Promises2kids Foundation's EIN (Employer Identification Number) is 95-3655288. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Promises2kids Foundation'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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