The Promise Foundation
The Promise Foundation is a public charity, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6K in total assets.
The Promise Foundation at a glance
- Total assets
- $5,829
- +21.0% vs 2024
- Revenue (2025)
- $165,000
- +96391.2% vs 2024
- Expenses (2025)
- $34,290
- +222.9% vs 2024
- Latest 990 filing
- Form 990-EZ, 2025 View filing
Data from IRS Form 990-EZ, 2025; updated September 2026.
Who The Promise Foundation funds
Geographic Focus
Where this funder awards grants
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 4 grants totaling $85K.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $5,829 | $165,000 | $34,290 | — | — | — |
| 2024 | $4,819 | $171 | $10,621 | — | — | — |
| 2023 | $3,367 | $110,652 | $34,194 | — | — | — |
| 2022 | $6,383 | $644,594 | $63,485 | — | — | $1 |
| 2021 | $8,414 | $134,508 | $137,703 | — | — | $6 |
| 2020 | $6,096 | $252,968 | $238,146 | $85,000 | 4 | $61 |
Leadership & Key People
Officers and directors from IRS filings
The Promise Foundation is led by Randy Reiff, President & Treasurer since 2021 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2025 filing
Randy Reiff
President & Treasurer
President → President & Treasurer, 2021
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Jennifer Wiederkehr Rothberg (2020–2022) — Vice President
Data from IRS Form 990 filings, 2020–2025. "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 The Promise Foundation
How large is The Promise Foundation?
The Promise Foundation reported $6K in total assets on its 2025 IRS Form 990-EZ. Its revenue that year was $165K.
Where does The Promise Foundation operate?
The Promise Foundation has awarded grants in Massachusetts, New Jersey, New York.
What is The Promise Foundation's EIN?
The Promise Foundation's EIN (Employer Identification Number) is 20-1618720. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS December 15, 2020)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in The Promise Foundation's focus areas in our free grants database
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