From public IRS filings
PROVIDENCE PROMISE
PROVIDENCE, RI · Education
Mission
PROVIDENCE PROMISE PROMOTES HIGH EDUCATIONAL ASPIRATIONS AND MORE EQUITABLE OPPORTUNITIES FOR PROVIDENCE PUBLIC SCHOOL STUDENTS BY ADVOCATING FOR COLLEGE SAVINGS ACCOUNTS AND FAMILY ENGAGEMENT, INCREASING FINANCIAL LITERACY, AND REDUCING THE FINANCIAL BURDEN OF HIGHER EDUCATION.
Financials (IRS Form 990)
Total revenue
$811K
Total expenses
$983K
Total assets
$482K
Program expense ratio
70%
Source: IRS Form 990, tax year 2023.
Who funds PROVIDENCE PROMISE
$1.1M in foundation grants on record from 37 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Ralph R Papitto and Barbara A Papitto Private Family Foundation | $310K | 2 |
| Warren Alpert Foundation | $140K | 3 |
| United Way of Rhode Island | $134K | 3 |
| Vanguard Charitable Endowment Program | $115K | 4 |
| Rhode Island Community Foundation | $60K | 3 |
| Nordson Corporation Foundation | $40K | 3 |
| Fidelity Investments Charitable Gift Fund | $38K | 4 |
| Mentor Rhode Island the Ri Mentoring Partnership | $35K | 2 |
| Mabel T Woolley Trust | $26K | 4 |
| Donor Advised Charitable Giving | $25K | 4 |
Leadership
JAMES VINCENT — BOARD CHAIR (Principal officer)
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