Program areas at Oakland Promise
Oakland Promise ("op") is available to young learners (from newborns to college students) and their families who reside in Oakland. Op offers every child the financial resources, support, mentorship and incentives they need from birth and throughout their school years to empower them to seek out and thrive in the higher education and career of their choosing. Op provides services through four core cradle-to-college and career programs at each stage of a young person's development from ages 0 to 25: brilliant baby, kindergarten to college, college access and college completion. Through these programs, op offers college savings accounts (529s), college scholarship funding in elementary school years, 2-4 year college/cte scholarships, financial guidance for parents and students, college building culture programs and critical resources to empower students to develop their college and vocational bound identity and persistence.
Who funds Oakland Promise
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| East Bay Community Foundation (EBCF) | 2022-06 | General Support, Scholarships, 2021 Florence Baldwin Scholarship Award, Generation Fund Challenge Grant, Oakland Promise Scholarships, Support for the College Scholarships Program | $5,043,953 |
| Blue Meridian Partners | 2022-09 | To Support Economic Mobility | $1,670,000 |
| National Philanthropic Trust | 2022-06 | Education | $600,500 |
| ...and 29 more grants received totalling $10,092,879 |
Personnel at Oakland Promise
| Name | Title | Compensation | Date of data |
|---|
| Kim Thompson | Chief Executive Officer Action for Racial Equity Fellow and Principal at PWC | | 2023-08-06 |
| Tomiquia Moss | All - Home, Founder and Chief Executive | $0 | 2023-08-06 |
| Rachel Westmoreland | Former Chief Financial Officer and Former Interim Chief Executive Officer | $140,000 | 2022-06-30 |
| Veena Pawloski | Chief Program Officer | $126,000 | 2022-06-30 |
| Kyla Johnson | Superintendent | | 2023-08-06 |
| ...and 22 more key personnel |
Financials for Oakland Promise
| Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
|---|
| Total grants, contributions, etc. | $16,917,757 | $12,360,069 | 36.9% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $98,376 | $92,748 | 6.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $252,688 | $192,307 | 31.4% |
| Net income from fundraising events | $-184,608 | $0 | -999% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $17,084,213 | $12,645,124 | 35.1% |
Organizations like Oakland Promise
| Organization | Type | Location | Revenue |
|---|
| Denver Scholarship Foundation (DSF) | 501(c)(3) | Denver, CO | $13,999,484 |
| Clark County Public Education Foundation | 501(c)(3) | Las Vegas, NV | $10,056,540 |
| 10000 Degrees | 501(c)(3) | San Rafael, CA | $21,707,002 |
| Westside Community Schools Foundation | 501(c)(3) | Omaha, NE | $8,062,038 |
| Papillion La Vista Schools Foundation | 501(c)(3) | Papillion, NE | $6,497,389 |
| Minnesota State University Moorhead Foundation (MSUMAF) | 501(c)(3) | Moorhead, MN | $22,543,778 |
| Henrico Education Foundation | 501(c)(3) | Henrico, VA | $10,032,205 |
| Fashion Scholarship Fund (FSF) | 501(c)(3) | New York, NY | $21,006,937 |
| Cia Officers Memorial Foundation | 501(c)(3) | Herndon, VA | $6,146,950 |
| Los Angeles City College Foundation | 501(c)(3) | Los Angeles, CA | $9,718,306 |
Data update history
October 24, 2023
Received grants
Identified 3 new grant, including a grant for $1,670,000 from Blue Meridian Partners August 6, 2023
Updated personnel
Identified 2 new personnel
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
EducationEnvironment
Characteristics
Fundraising eventsState / local levelReceives government fundingProvides scholarshipsGala fundraisersTax deductible donations
General information
- Address
- 300 Frank H Ogawa Plaza Suite 430
- Oakland, CA 94612
- Metro area
- San Francisco-Oakland-Berkeley, CA
- County
- Alameda County, CA
- Website URL
- oaklandpromise.org/Â
- Phone
- (510) 836-8900
- Facebook page
- EBCollegeFundÂ
- Twitter profile
- @ebcollegefundÂ
IRS details
- EIN
- 54-2103707
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 2002
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B82: Scholarships, Student Financial Aid Services
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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