NonprofitsFostering Promise

Human Services

Fostering Promise

SAN JOSE, CA

Total revenue

$622K

Total expenses

$431K

Net assets

$212K

Grants received

$215K

8 grants

EIN

931614827

Tax year

2024

Mission

The mission of Fostering Promise is to ensure that every young person who ages out of foster care has a safe place to call home, the support of a caring mentor and the hope for a promising future.

Financials

FY 2024

Revenue

Contributions & grants$622K
Program service revenue
Investment income$173
Other revenue
Total revenue$622K

Expenses

Grants paid
Salaries & benefits$139K
Fundraising$35K
Other expenses$292K
Total expenses$431K
Total assets$260K
Net assets$212K

People

7 listed

NameRoleCompensation

ANDRE V CHAPMAN

President & CEO

Board

$111K

30 hrs/wk

GARY RUMMELHOFF

CFO

Board

0

CHRIS CLAY

Secretary

Board

0

CARL AGERS

BOARD MEMBER

Board

0

MICA EADES MAYO

BOARD MEMBER

Board

0

JANELLE GUMBS

BOARD MEMBER

Board

0

ANNE CARDWELL

BOARD MEMBER

Board

0

Grants received

Showing 8 of 8

FromAmountPurposeYear
$55K
FUNDED 2 NEW STAFF MEMBERS WHO ARE STRATEGIC ADVISORS
2024
$25K
IN SUPPORT OF GENERAL OPERATIONS.
2024
$4K
Community services
2024
$75K
SEE PART IV
2023

Funded by

$215K from 8 funders · 8 grants · 2023–2024

Details

EIN931614827
NTEE codeP20
Subsection03
Ruling date2023-08
Formed2023
Employees1
FOSTERING PROMISE — Mission, Financials & Grants Received | Grantivo