NonprofitsNew Haven Promise Inc

Human Services

New Haven Promise Inc

NEW HAVEN, CT

Total revenue

$6.2M

Total expenses

$5.8M

Net assets

$2.5M

Grants received

$26.3M

41 grants

EIN

811267064

Tax year

2024

Mission

To build a culture in the public schools in which students aspire to attend and graduate from college; to provide financial incentives and support for those students; and to facilitate their return to live, work and serve in the greater New Haven community.

Programs

2 programs

"THROUGH" - College Success: New Haven Promise motivates scholars to graduate from college within four years by providing renewable scholarships, promoting FAFSA completion, leveraging guaranteed institutional aid, recruiting peer leaders and mentors at campuses, and partnering with colleges to ensure full support of Promise scholars. Hosted internship and career fairs and placed scholars in paid internships in their fields of interest; hosted professional and leadership development workshop series; built and managed scholar resume bank.

Expenses: $4.9MGrants: $4.6M

"BACK NEW HAVEN" - Career and Civic Launch: meets the city and regional needs for a diverse homegrown talent pipeline that strengthens neighborhoods and creates career and leadership opportunities for more than a thousand returned Promise Alumni. New Haven Promise facilitates scholars' return to live, work and participate fully in the greater New Haven community. Hosted job fairs and brokered entry-level full-time job oppurtunities for Promise alumni; hosted professional and leadership development workshop series; tracked alumni to live and work in the greater New Haven region after graduation; hosted financial wealth education and homebuyer seminars to discuss wealth building in 20s; connected alumni with mortgage experts, realtors and their peer alumni who have already become homeowners; served Yale Teaching Fellowship, a program that aims to train high-quality teachers from a variety of backgrounds and experiences, cover teacher shortage areas, and promote long-term teacher retention in New Haven Public Schools.

Expenses: $352KGrants: $172K

Financials

FY 2024

Revenue

Contributions & grants$6.1M
Program service revenue$153K
Investment income
Other revenue$2K
Total revenue$6.2M

Expenses

Grants paid$4.8M
Salaries & benefits$750K
Fundraising$124K
Other expenses$297K
Total expenses$5.8M
Total assets$3.0M
Net assets$2.5M

People

9 listed

NameRoleCompensation

Patricia Melton

President

Board

$225K

40 hrs/wk

Maurie McInnis

Board Chair

Board

0.5 hrs/wk

Justin Elicker

Director

Board

0.5 hrs/wk

Karen DuBois-Walton

Director

Board

0.5 hrs/wk

Christopher O'Connor

Director

Board

0.5 hrs/wk

Nathan Fuerst

Director

Board

0.5 hrs/wk

July D Olian

Director

Board

0.5 hrs/wk

Tamar Gendler

Director

Board

0.5 hrs/wk

Brett Hoover

Director - Data and Digital Strategy

Staff

$102K

40 hrs/wk

Grants received

Showing 41 of 41

FromAmountPurposeYear
$19K
THE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION
2024
$10K
TO SUPPORT BACK NEW HAVEN
2024
$10K
TO SUPPORT PROGRAMMING THAT UTILIZES CAREER EDUCATION IN MIDDLE SCHOOL AND EARLY HIGH SCHOOL THAT WILL ULTIMATELY INCREASE PROMISE QUALIFIERS #S , AND LATER BY LEVERAGING EDUCATION AND BACK NEW HAVEN PROGRAMMING HELP THOSE STUDENTS SECURE COMPETITIVE INTERNSHIPS/ENTRY LEVEL POSITIONS IN NEW HAVEN.
2024
$9K
TO NEW HAVEN PROMISE (NHP) IN ORDER TO HELP FUND A NHP SCHOLAR'S EXPERIENCE ABROAD, WITH A PREFERENCE FOR A STUDENT GOING TO ITALY.
2024
$4.4M
CHARITABLE CONTRIBUTION AND COMMUNITY SUPPORT
2023
$500K
SUPPORT MISSION
2023
$100K
PROGRAM/OPERATING SUPPORT
2023
$25K
FINANCIAL SUPPORT FOR FAMILIES
2023
$21K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$19K
A GRANT FROM THE PROSPERITY FOUNDATION WILL SPECIFICALLY BE USED FOR TWO CRITICAL PROGRAMS WITHIN THE BACK NEW HAVEN INITIATIVE. FUNDS WILL HELP PROMISE STAFF EXPAND OUR EARLY CAREER AWARENESS AND MENTORING PROGRAMS WITH NEW HAVEN HIGH SCHOOL STUDENTS. IN ADDITION, FUNDS WILL BE USED FOR NHPS NEW CAREER BRIDGE PROGRAM. THE CAREER BRIDGE AIMS TO SERVE PROMISE SCHOLARS WHO LEAVE COLLEGE FOR FINANCIAL OR PERSONAL REASONS.
2023
$19K
A GRANT FROM THE PROSPERITY FOUNDATION WILL SPECIFICALLY BE USED FOR TWO CRITICAL PROGRAMS WITHIN THE BACK NEW HAVEN INITIATIVE. FUNDS WILL HELP PROMISE STAFF EXPAND OUR EARLY CAREER AWARENESS AND MENTORING PROGRAMS WITH NEW HAVEN HIGH SCHOOL STUDENTS. IN ADDITION, FUNDS WILL BE USED FOR NHPS NEW CAREER BRIDGE PROGRAM. THE CAREER BRIDGE AIMS TO SERVE PROMISE SCHOLARS WHO LEAVE COLLEGE FOR FINANCIAL OR PERSONAL REASONS.
2023
$15K
TO PROVIDE SCHOLARSHIPS FOR STUDENTS IN THE NEW HAVEN PROMISE PROGRAM GRADES 7-11 TO ATTEND SUMMER RESIDENTIAL CAMPS AT QUINNIPIAC UNIVERSITY
2023
$10K
TO SUPPORT MS. JORGIELIZ CASANOVA'S PARTICIPATION IN THE NONPROFIT MANAGEMENT COHORT: A PROGRAM FOR EMERGING LEADERS OF COLOR
2023
$10K
TO SUPPORT BACK NEW HAVEN
2023
$10K
TO SUPPORT THE BACK NEW HAVEN INITIATIVE, A SYSTEMIC INTERVENTION DESIGNED TO SEED AND GROW INTERGENERATIONAL WEALTH WHILE MEETING THE CITY AND BUSINESS NEEDS FOR A DIVERSE HOMEGROWN TALENT PIPELINE THAT WILL STRENGTHEN NEIGHBORHOODS AND CREATE SUSTAINABLE OPPORTUNITIES FOR NEW HAVENS YOUNG ADULTS.
2023
$8K
PROGRAM/OPERATING SUPPORT
2023
$5K
SCHOLARSHIPS FOR NH CHILDREN FOR COLLEGE
2023
$1K
FOR GENERAL PURPOSES
2023
$4.2M
CHARITABLE CONTRIBUTION AND COMMUNITY SUPPORT
2022
$500K
SUPPORT MISSION
2022
$30K
FINANCIAL SUPPORT FOR FAMILIES
2022
$20K
TO SUPPORT THE THROUGH AND BACK PILLARS (PRE-CAREER AND CAREER LAUNCH PROGRAMMING) THAT PREPARES SCHOLARS TO GAIN EXPERIENCE DURING HIGH SCHOOL, COLLEGE AND BEYOND TO LAUNCH THEIR CAREERS IN A BROAD RANGE OF INDUSTRIES WITHIN THE GREATER NEW HAVEN REGION.
2022
$5K
BACK NEW HAVEN: LEADERSHIP DEVELOPMENT AND EMPOWERMENT FOR NEW HAVEN PROMISES YOUNG PROFESSIONALS
2022
$5K
TO SUPPORT TO, THROUGH, AND BACK, A COMPREHENSIVE EDUCATION AND ECONOMIC DEVELOPMENT INTERVENTION
2022
$4K
SCHOLARSHIPS FOR NH CHILDREN FOR COLLEGE
2022
$4.2M
SCHOLARSHIPS
2021
$500K
SUPPORT MISSION
2021
$20K
FINANCIAL SUPPORT FOR FAMILIES
2021
$16K
CHARITABLE CONTRIBUTION AND COMMUNITY SUPPORT
2021
$4M
SCHOLARSHIPS
2020
$500K
SUPPORT MISSION
2020
$16K
CHARITABLE CONTRIBUTION AND COMMUNITY SUPPORT
2020
$5K
TO PROVIDE SUPPORT FOR YOUTH PROGRAMMING THAT INCENTIVIZES STUDENTS TO ATTAIN COLLEGE AND CAREER READINESS THROUGH ACADEMIC ACHIEVEMENT, GOOD ATTENDANCE AND SERVICE TO NEIGHBORHOODS AND THE CITY.
2020
$4M
SCHOLARSHIPS
2019
$15K
CHARITABLE CONTRIBUTION AND COMMUNITY SUPPORT
2019
$3K
HUMANITARIAN/EDUCATIONAL/COMMUNITY
2018
$3.1M
SCHOLARSHIPS
2017
$15K
CHARITABLE CONTRIBUTION AND COMMUNITY SUPPORT
2017

Funded by

$26.3M from 16 funders · 41 grants · 2017–2024

Yale University

$23.9M · 10 grants · 2017–2023

Yale New Haven Health Services

$1M · 2 grants · 2022–2023

Yale New Haven Hospital

$1M · 2 grants · 2020–2021

United Way Of Greater New Haven Inc

$75K · 3 grants · 2021–2023

The Prosperity Foundation Inc

$56K · 3 grants · 2023–2024

Newalliance Foundation Inc

$45K · 4 grants · 2020–2024

The Community Foundation For Greater New

$34K · 3 grants · 2023–2024

Details

EIN811267064
NTEE codeP20
Subsection03
Ruling date2016-05
Formed2015
Employees9
Volunteers50
NEW HAVEN PROMISE INC — Mission, Financials & Grants Received | Grantivo