The Promise Foundation Inc | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Promise Foundation Inc. Data shown is extracted from Form 990-PF filings.
EIN: 20-5217323
Foundation Overview
Based in Wilmington, NC, The Promise Foundation Inc has awarded 47 grants totaling $130,779 to organizations in North Carolina, Texas and 1 other state across the US. Individual grants range from $165 to $28,333, with a median award of $1,000.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
2 total grants. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.
Geographic Focus
96% of all grants are concentrated in North Carolina, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within North Carolina, funding concentrates in Wilmington (87%), Navassa (9%), Elizabethtown (2%).
Funding Trajectory
Declining funding trend with 93% decrease over 7 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.
Program Areas
Diversified giving across multiple program areas with primary emphasis on community projects (65%). This broad approach suggests openness to various causes and innovative cross-sector solutions.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into The Promise Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| First Tee Of Greater Wilmington | $1,000 | Wilmington, NC, US | Donation To Helpempower Kids Throughthe Game Of Golf | 2023 |
| First Tee Of Greater Wilmington | $1,000 | Wilmington, NC, US | Donation To Helpempower Kids Throughthe Game Of Golf | 2023 |
| Harrelson Center | $1,000 | Wilmington, NC, US | Donation To Helpprovide Humanitarianservices | 2022 |
| Countrywide Cdc | $1,000 | Navassa, NC, US | Food Bank | 2022 |
| Wilmington School Of The Arts | $500 | Wilmington, NC, US | Charter Schoolincorporatingthe Arts | 2022 |
| Harrelson Center | $1,000 | Wilmington, NC, US | Donation To Helpprovide Humanitarianservices | 2022 |
| Countrywide Cdc | $1,000 | Navassa, NC, US | Food Bank | 2022 |
| Wilmington School Of The Arts | $500 | Wilmington, NC, US | Charter Schoolincorporatingthe Arts | 2022 |
| Harrelson Center | $1,000 | Wilmington, NC, US | Donation To Helpprovide Humanitarianservices | 2022 |
| Countrywide Cdc | $1,000 | Navassa, NC, US | Food Bank | 2022 |
| Wilmington School Of The Arts | $500 | Wilmington, NC, US | Charter Schoolincorporatingthe Arts | 2022 |
| Terrylyn Eve Mcneil | $1,000 | Elizabethtown, NC, US | Help For Recipientto Purchase Acar | 2021 |
| Community Boys & Girls Club Of Wilmington | $10,000 | Wilmington, NC, US | To Promote A Safeplace For Kids. | 2021 |
| Eden Village Of Wilmington | $10,000 | Wilmington, NC, US | Donation To Supportbuilding Of Homes For The Homeless. | 2021 |
| Christ Community Church | $500 | Wilmington, NC, US | Support Formultiple Missions | 2021 |
| Abilities Tennis | $1,000 | Wilmington, NC, US | Support Foreducational Needs | 2021 |
| Abilities Tennis | $1,000 | Wilmington, NC, US | Donation Tobenefit Specialneeds People | 2020 |
| Advanced Youth Outreach | $1,000 | Wilmington, NC, US | Donation To Supportproviding A Place For At Risk Youth | 2020 |
| Christ Community Church | $10,500 | Wilmington, NC, US | To Provide Facilitiesand Support For Multiple Missions | 2020 |
| Community Boys & Girls Club Of Wilmington | $1,000 | Wilmington, NC, US | Support Formultiple Missions | 2020 |
| Cornerstone Realty Group | $1,470 | Wilmington, NC, US | Reimb F/b/o Chancella Burnsfamily Lodging | 2020 |
| Cornerstone Realty Group | $500 | Wilmington, NC, US | Reimb F/b/oteona Allencollege Entry Expenses | 2020 |
| Countrywide Cdc | $300 | Navassa, NC, US | Navassa Foodbank Donation | 2020 |
| Good Friends Of Wilmington | $2,000 | Wilmington, NC, US | Support For Peoplein Emergentsituations. | 2020 |
| Highland Presbyterian Church | $500 | Fayetteville, NC, US | Children's Ministryfund | 2020 |
| Smart Start Of New Hanover County | $1,500 | Wilmington, NC, US | Prepares Children Birthto Age Fivefor Kindergarden. | 2020 |
| Advance Youth Outreach | $2,250 | Wilmington, NC, US | Donation Forat Risk Youth | 2018 |
| A Safe Place | $1,000 | Wilmington, NC, US | Prevention Ofsex Trafficking | 2018 |
| The Bannermanredd Families | $28,333 | Wilmington, NC, US | Donation To Benefit Homefor Recipient | 2018 |
| Exceptional Educators | $1,953 | Wilmington, NC, US | Tutoring Servicesat Risk Youth | 2018 |
| Child Development Center | $165 | Wilmington, NC, US | Clothing For Children Impactedby Hurricane Florence | 2018 |
| Miracle Field | $1,000 | Wilmington, NC, US | Recreationalprograms For Disabledchildren & Adults | 2018 |
| Presslee Watters | $250 | Wilmington, NC, US | Financial Supportfor Education | 2018 |
| Brigade Boys & Girls Club | $5,000 | Wilmington, NC, US | Donation For At Risk Youth Programs | 2018 |
| Advance Youth Outreach | $8,750 | Wilmington, NC, US | At Risk Youthdonation For | 2017 |
| Cape Fear Council Bsa | $500 | Wilmington, NC, US | Youth Programsdonation | 2017 |
| Cape Fear Habitat For Humanity | $2,500 | Wilmington, NC, US | Benefit Homedonation Tofor Recipient | 2017 |
| Christ Community Church | $3,760 | Wilmington, NC, US | Back Packsyouth Scholorshipsbenevolence Donation | 2017 |
| Exceptional Educators | $2,448 | Wilmington, NC, US | At Risk Youthtutoring Services | 2017 |
| Girls Leadership Academy Of Wilmington | $4,000 | Wilmington, NC, US | Risk Girlsdonation For At | 2017 |
| Kids Making It | $2,000 | Wilmington, NC, US | For At Riskmentoring Programyouth | 2017 |
| Strength In Numbers Inc | $500 | Wilmington, NC, US | For At Risk Youthtutoring Program | 2017 |
| Commission To Every Nation | $1,000 | Kerrville, TX, US | Supportmissionary | 2016 |
| Campus Crusade For Christ | $600 | Orlando, FL, US | For Shane Hartleydonation | 2016 |
| Good Friends Of Wilmington Nc | $2,000 | Wilmington, NC, US | Or Families Who Don'tdonation To Help Individualsqualify For Other Assistance | 2016 |
| Christ Community Church | $1,000 | Wilmington, NC, US | Dnowyouth Scholorships | 2016 |
| Advance Youth Outreach | $10,000 | Wilmington, NC, US | Donation Forat Risk Youth | 2016 |
Foundations Similar to The Promise Foundation Inc
Discover 5 foundations with comparable assets ($34,875-$37,988), similar grant patterns, and geographic focus in NC that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Hilloween Inc
EIN: 87-3676023 | 8 grants awarded |
$36,478
(≈ Similar) |
$500
median grant |
Spruce Pine, NC
Same state |
|
|
Wayne Memorial Hosp Aux Endowment Inc
EIN: 58-1893466 | 23 grants awarded |
$35,857
(≈ Similar) |
$800
median grant |
Goldsboro, NC
Same state |
|
|
The Taylor Family Private Foundation
EIN: 56-2076739 | 21 grants awarded |
$37,988
(≈ Similar) |
$650
median grant |
Holly Springs, NC
Same state |
|
|
Grace Court Foundation Inc
EIN: 27-5432994 | 93 grants awarded |
$35,636
(≈ Similar) |
$925
median grant |
Winston Salem, NC
Same state |
|
|
Rolling Start Nc
EIN: 84-1729605 | 13 grants awarded |
$34,875
(≈ Similar) |
$1,919
median grant |
Sylva, NC
Same state |
|
Related Foundation Resources in NC:
Contact Information
Official contact details for The Promise Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 20-5217323 |
| Website | N/A |
| Address | 1015 ASHES DR Wilmington, NC 28405-8353 |
Key People (4)
Board members, trustees, and key staff who oversee The Promise Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Denise Mvincent |
|---|---|
| Vice-pres. | Benjamin Vincent |
| Secretary | Katherine Nicholas |
| Treasurer | Jon T Vincent |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for The Promise Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.