Grantmaking public charity · EIN 81-1267064
New Haven Promise Inc
New Haven, CT
New Haven Promise Inc is a public charity that makes grants based in New Haven, CT. On its Form 990 (Schedule I) for tax year 2024, it reported $4.79M in grants paid across 21 grants, with $2.97M in total assets. Its largest grants went to University of Connecticut, Southern Connecticut State University and University of New Haven.
How to request funding
Its Form 990 lists the grants it made but not how it chooses recipients. Check New Haven Promise Inc's website or contact it to ask whether it considers requests.
How it makes and monitors grants (Schedule I, Part IV)
Students must apply for New Haven Promise online and the application form must be authorized by a parent or guardian. Promise reviews grades, attendance, residence, behavior and community service hours, and sends out Letters of Approval to those who meet all the criteria. The qualifiers must sign the FERPA Release Form to accept any Promise benefit and become a Scholar. New Haven Promise receives enrollment status, financial aid information and transcripts of all Scholars for each semester directly from colleges and universities. Promise verifies Scholars' eligibility of funding and calculates individual scholarship amounts. Scholarship grants are disbursed directly to colleges and universities and then credited to student accounts for educational costs, not to exceed the total cost of education, which is determined by each educational institution.
Grants as reported on its Form 990 for tax year 2024; the application guidance above is general for this type of funder. Requirements change; confirm with the organization before applying.
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.
As stated on its Form 990.
Largest grants, tax year 2024
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| University of Connecticut | Storrs, CT | Scholarship | $2,774,398 |
| Southern Connecticut State University | New Haven, CT | Scholarship | $707,816 |
| University of New Haven | West Haven, CT | Scholarship | $222,672 |
| Yale University | New Haven, CT | Scholarship | $131,875 |
| Hampton University | Hampton, VA | Scholarship | $112,500 |
| Central Connecticut State University | New Britain, CT | Scholarship | $106,111 |
| Eastern Connecticut State University | Willimantic, CT | Scholarship | $98,065 |
| CT State - Gateway Community College | New Haven, CT | Scholarship | $89,556 |
| Quinnipiac University | Hamden, CT | Scholarship | $80,286 |
| Howard University | Washington, DC | Scholarship | $80,000 |
| Morgan State University | Baltimore, MD | Scholarship | $77,500 |
| Albertus Magnus College | New Haven, CT | Scholarship | $67,188 |
| North Carolina A&T State University | Greensboro, NC | Scholarship | $60,000 |
| Western Connecticut State University | Danbury, CT | Scholarship | $41,269 |
| Spelman College | Atlanta, GA | Scholarship | $40,000 |
| Connecticut College | New London, CT | Scholarship | $29,250 |
| Morehouse College | Atlanta, GA | Scholarship | $20,000 |
| University of Hartford | West Hartford, CT | Scholarship | $18,750 |
| University of Bridgeport | Bridgeport, CT | Scholarship | $11,250 |
| Wesleyan University | Middletown, CT | Scholarship | $10,331 |
| Sacred Heart University | Fairfield, CT | Scholarship | $7,375 |
Names and purposes as reported to the IRS.
Where its grants went
Quick answers
Does New Haven Promise Inc accept grant applications?
Its Form 990 lists the grants it made but not how it chooses recipients. Check New Haven Promise Inc's website or contact it to ask whether it considers requests. Form 990 does not report an application process, so confirm with the organization.
How much does New Haven Promise Inc give each year?
For tax year 2024, it reported $4,791,192 in grants paid (21 grants). Giving can change from year to year.
What organizations has New Haven Promise Inc funded?
Its largest grants in tax year 2024 went to University of Connecticut (CT), $2.77M, Southern Connecticut State University (CT), $708K, University of New Haven (CT), $223K, Yale University (CT), $132K and Hampton University (VA), $113K.