The American Promise Inc
To conduct various programs to educate citizens on the societal benefits of sound economic, regulatory and legal policies. Such programs and activities will include, but not be limited to, public education through speeches, seminars, research, media distribution, interviews, website, articles, television, radio and newspaper interviews and other activities for the betterment of society.
The American Promise Inc at a glance
In short: The American Promise Inc gave $1.3M across 4 grants in 2024 (avg $328K), mostly in Florida. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,310,000
- +106.3% vs 2023
- Grants made (2024)
- 4
- +33.3% vs 2023
- Average grant
- $327,500
- +54.7% vs 2023
- Median grant
- $360,000
- Total assets
- $1,670,955
- +48.9% vs 2023
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The American Promise Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Republican Party of Florida ($540K). Together the top 4 received $1.3M.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was in the $100–250K range: 10 grants of 35 (29%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How The American Promise Inc gives
- Giving fell 78% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $515K (2022) to $6.0M (2021). In 2024 it made 4 grants totaling $1.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Republican Party of Florida Tallahassee, FL | General Support | $540,000 |
| Florida PC Tallahassee, FL | General Support | $525,000 |
| Latino Alliance Tallahassee, FL | General Support | $195,000 |
| Citizens for Common Sense Solutions Tallahassee, FL | General Support | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,670,955 | $4,067,910 | $3,523,609 | $1,310,000 | 4 | — |
| 2023 | $1,122,499 | $2,389,732 | $2,295,345 | $635,000 | 3 | $-10,768 |
| 2022 | $1,206,665 | $1,183,000 | $2,701,858 | $515,000 | 3 | — |
| 2021 | $2,647,096 | $8,998,995 | $12,366,535 | $5,960,000 | 12 | — |
| 2020 | $5,892,466 | $8,557,361 | $4,267,415 | $2,904,250 | 13 | — |
About The American Promise Inc
Based on IRS filings
The American Promise Inc is a public charity focused on Social Science, based in Tallahassee, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 4 grants totaling $1.3M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The American Promise Inc is led by Ryan Tyson, Executive Director since 2021 (on filings since 2020); none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ryan Tyson
Executive Director
Executive Di → Executive Director, 2021
On filings since 2020
20 hrs/week
No compensation reported
Nic Fugate
President
On filings since 2021
5 hrs/week
No compensation reported
Alex Alvarado
Interim Executive Director
On filings since 2023
5 hrs/week
No compensation reported
Tyler Riddle
Director
On filings since 2020
5 hrs/week
No compensation reported
Trey Gardner
Treasurer
On filings since 2021
5 hrs/week
No compensation reported
Former officers (2)
- Former: Michael Bjorklund (2020) — Treasurer
- Former: Nicholas Fugate (2020) — President
Data from IRS Form 990 filings, 2020–2024. "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 The American Promise Inc
How much does The American Promise Inc give each year?
The American Promise Inc gave $1.3M across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $635K across 3 grants.
What is The American Promise Inc's typical grant size?
The American Promise Inc's median grant in 2024 was $360,000, and its average grant was $327,500, across 4 grants on its 2024 IRS Form 990.
Where does The American Promise Inc give grants?
The American Promise Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Tallahassee, FL (4 grants).
Does The American Promise Inc give general operating support?
Yes: 100% of The American Promise Inc's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990.
How large is The American Promise Inc?
The American Promise Inc reported $1.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.1M.
What is The American Promise Inc?
The American Promise Inc is a public charity focused on Social Science, based in Tallahassee, FL. It holds $1.7M in total assets as of 2024.
What is The American Promise Inc's EIN?
The American Promise Inc's EIN (Employer Identification Number) is 46-3098708. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS January 23, 2023)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 3, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The American Promise Inc'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.
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