Prosper Road Foundation
The Prosper Road Foundation is a private foundation based in Manchester, New Hampshire. It says its purpose is to improve the lives of youth from underserved communities by expanding access to high-quality education and mental health supports.
Prosper Road Foundation at a glance
In short: Prosper Road Foundation gave $403K across 15 grants in 2025 (avg $27K), top state Illinois. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $402,500
- +29.9% vs 2024
- Grants made (2025)
- 15
- +0.0% vs 2024
- Average grant
- $26,833
- +29.9% vs 2024
- Median grant
- $25,000
- Total assets
- $1,288,117
- -4.1% vs 2024
- New grantees (estimate)
- 13% first-time grantees (2 of 15, 2025; small sample)
- Primary geography
- Illinois (39% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Prosper Road Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and accepts invited proposals only. Invited applicants are asked to submit a brief organizational mission and background, a statement of need and goals, a plan with timeline and metrics, evidence of impact, budgets for the previous two years and current year, resumes of the executive director and key program staff, past and expected funding sources, financial statements and audit, and the organization’s most recent IRS 501(c)(3) determination letter. The foundation does not fund scholarships, grants to individuals or non-501(c)(3) organizations, candidate campaigns, sponsorships, or capital campaigns. Reporting requirements are specified in each grant agreement.
- Contact
Mailing address: 900 Elm Street 1300, Manchester, NH 03101
Phone: (847) 309-0061
Website: https://www.prosperroadfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Prosper Road Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Youth Guidance ($58K). Together the top 10 received $333K.
Organizations only. It also paid 1 grant to individuals ($25,000), which are not listed by name.
Grant Size Distribution
74 grants across all recorded years
The most common grant size was under $50K: 64 grants of 74 (86%).
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grant dollars went to organizations in Illinois (39%), Texas (22%), Washington, DC (14%), Michigan (12%), and New York (9%). Its listed grants included organizations in Chicago and other locations in those states and jurisdictions.
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
Cities
Is Prosper Road Foundation open to new grantees?
13%
first-time grantees, 2025
In 2025, 2 of 15 grantees (13%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $25K; repeat grants $27K. How we count
Medians: $25K first-time, $25K repeat.
- 87% of 2025 grantees were also funded in 2024. Method
- Giving fell 43% from 2022 to 2025. Method
- In 2025 it paid out 546% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $105K (2020) to $710K (2022). In 2025 it made 15 grants totaling $403K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Youth Guidance Chicago, IL | General Fund. | $57,500 |
| Trails Ann Arbor, MI | To Support Trails Programming Throughout Michigan. | $50,000 |
| Braven Inc Chicago, IL | To Help Students Access Jobs and Internships. | $50,000 |
| Communities in Schools of Central Texas Austin, TX | Education. | $37,500 |
| Modern Classroom Project Washington, DC | To Equip Teachers in Chicago to Redesign Classrooms. | $25,000 |
| Transcend Hastings on Hudson, NY | To Create Equitable Learning Environment. | $25,000 |
| Onegoal Chicago, IL | To Support Students to Graduate from College. | $25,000 |
| Breakthrough Austin, TX | To support students in central Texas to graduate from college. | $25,000 |
| 1 grant to individuals Recipients not named | — | $25,000 |
| The Dream US Washington, DC | Project/Program Support | $25,000 |
Ready to take the next step with Prosper Road Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,288,117 | $377,012 | $430,493 | $402,500 | 15 | $428,493 | $377,012 | $78,441 |
| 2024 | $1,342,911 | $146,131 | $334,762 | $309,960 | 15 | $334,762 | $146,131 | $95,322 |
| 2023 | $1,531,530 | $-9,126 | $293,964 | $273,550 | 17 | $293,964 | $31,108 | $97,089 |
| 2022 | $1,834,620 | $-7,482 | $725,175 | $710,000 | 16 | $725,160 | $37,534 | $121,215 |
| 2021 | $2,567,277 | $112,448 | $143,169 | $128,000 | 11 | $137,564 | $110,043 | $149,008 |
| 2020 | $2,598,269 | $156,763 | $116,846 | $105,300 | 5 | — | $154,511 | $182,886 |
| 2019 | $2,558,815 | $63,148 | $193,699 | $172,703 | 7 | — | $65,480 | $130,122 |
Under IRS private-foundation payout rules, Prosper Road Foundation reported a distributable amount of $78K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated goal is to advance the life trajectory of youth in underserved communities through educational opportunities and access to evidence-based mental health programs. It says it invests in education organizations serving students from birth through college, with particular emphasis on postsecondary support, college-to-career support, and innovative school models. It also supports in-school mental health services.
The foundation’s website lists mental health and wellbeing, postsecondary access, education innovation, teacher preparation, and capacity building among its areas of work. Its 2025 grants included support for Youth Guidance, whose mission includes social and emotional development and positive youth development; Braven, which aims to help college students transition to strong economic opportunities; and Communities in Schools of Central Texas, which works to remove academic and nonacademic barriers to student success. Other 2025 grantees included Transcend, which supports communities to create and spread extraordinary learning; OneGoal, which supports underserved students pursuing postsecondary degrees; and an individual recipient, which seeks to advance community college students’ progress on career pathways to economic mobility.
Grantmaking
In filing year 2025, the foundation gave $402,500 across 15 grants. Grants ranged from $7,500 to $57,500, with a median of $25,000. The foundation’s guidelines say it typically provides grants of up to $50,000 and will consider multi-year requests when a rationale is provided. It offers general operating, specific program or project, and capacity-building grants.
Among the 2025 grants were $57,500 to Youth Guidance; $50,000 each to TRAILS and Braven; $37,500 to Communities in Schools of Central Texas; and $25,000 each to Modern Classrooms Project, Transcend, OneGoal, Breakthrough, an individual recipient, and The Dream US. The foundation also gave $12,500 to Social Good Fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Joan E. Evans and David S. Evans as co-trustees. The foundation’s website identifies Joan Evans as its director and says she spent much of her career in education, including ten years as a school psychologist in the Chicago area.
Prosper Road Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
David S. Evans
Co-Trustee
Co-Trustee → Trustee, 2022
Trustee → Co-Trustee, 2023
On filings since 2019
10 hrs/week
No compensation reported
Joan E. Evans
Co-Trustee
Co-Trustee → Trustee, 2022
Trustee → Co-Trustee, 2023
On filings since 2019
20 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Prosper Road Foundation
How much does Prosper Road Foundation give each year?
Prosper Road Foundation gave $403K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $310K across 15 grants.
What is Prosper Road Foundation's typical grant size?
Prosper Road Foundation's median grant in 2025 was $25,000, and its average grant was $26,833, across 15 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Prosper Road Foundation that year got $25K on average.
Where does Prosper Road Foundation give grants?
Prosper Road Foundation's top state is Illinois, with 39% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Texas (22%) and District of Columbia (14%). The most frequent recipient cities were Chicago, IL (3 grants), Austin, TX (3 grants) and Washington, DC (3 grants).
Does Prosper Road Foundation give general operating support?
Yes: 13% of Prosper Road Foundation's 2025 grants with a stated purpose (2 of 15) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Prosper Road Foundation's largest grantees?
Prosper Road Foundation's largest 2025 grantees include Youth Guidance ($57,500), Trails ($50,000) and Braven Inc ($50,000), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($25,000), which are not listed by name. Together they received 39% of its itemized 2025 grant dollars.
How large is Prosper Road Foundation?
Prosper Road Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $428K in qualifying distributions that year, against a required minimum of $78K (roughly 5% of its investment assets).
What does Prosper Road Foundation fund?
The foundation’s stated goal is to advance the life trajectory of youth in underserved communities through educational opportunities and access to evidence-based mental health programs. See mission & focus areas ↑
How do I apply for a grant from Prosper Road Foundation?
The foundation does not accept unsolicited requests for funds and accepts invited proposals only. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Prosper Road Foundation's EIN?
Prosper Road Foundation's EIN (Employer Identification Number) is 36-7675386. IRS Form 990 filing data is available on this page for 2019–2025.
Does Prosper Road Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 19, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 27, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 29, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 2, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 14, 2026)
- IRS filings on file for fiscal years 2019–2024
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Cite this profile
Grantable. (2026). Prosper Road Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/prosper-road-foundation-morg_65b3f2f199214d26bb91b776d4dcd7ac
BibTeX
@misc{grantable_367675386_2026,
author = {{Grantable}},
title = {{Prosper Road Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/prosper-road-foundation-morg_65b3f2f199214d26bb91b776d4dcd7ac},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Prosper Road Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Prosper Road Foundation down — hundreds of funders to go?