Oakland Promise

Organization Overview

Oakland Promise is located in Oakland, CA. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2020, Oakland Promise employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Oakland Promise generated $20.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 42.9% each year . All expenses for the organization totaled $8.3m during the year ending 06/2020. While expenses have increased by 34.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATIONAL FINANCIAL ASSISTANCE

Describe the Organization's Program Activity:

Part 3 - Line 4a

EAST BAY COLLEGE FUND ("EBCF") PROVIDES COLLEGE ACCESS SERVICES AT PUBLIC HIGH SCHOOLS IN OAKLAND. THIS INCLUDES COLLEGE ADVISING, FAFSA COMPLETION, AND CREATING A COLLEGE-GOING CULTURE. EBCF ALSO PROVIDES MULTI-YEAR SCHOLARSHIPS FOR LOW-INCOME STUDENTS TO ATTEND COLLEGE, AND WRAP-AROUND SUPPORT SERVICES, INCLUDING ONE ON ONE MENTORING, COUNSELING, PEER-GROUPS SUPPORT ON CAMPUS, FINANCIAL LITERACY, AND LIFE-SKILLS RETREATS THROUGHOUT THE COLLEGE JOURNEY.


EAST BAY COLLEGE FUND ("EBCF") PROVIDES COLLEGE ACCESS SERVICES AT PUBLIC HIGH SCHOOLS IN OAKLAND. THIS INCLUDES COLLEGE ADVISING, FAFSA COMPLETION, AND CREATING A COLLEGE-GOING CULTURE. EBCF ALSO PROVIDES MULTI-YEAR SCHOLARSHIPS FOR LOW-INCOME STUDENTS TO ATTEND COLLEGE, AND WRAP-AROUND SUPPORT SERVICES, INCLUDING ONE ON ONE MENTORING, COUNSELING, PEER-GROUPS SUPPORT ON CAMPUS, FINANCIAL LITERACY, AND LIFE-SKILLS RETREATS THROUGHOUT THE COLLEGE JOURNEY.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $678,186
All other contributions, gifts, grants, and similar amounts not included above$19,937,751
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$20,615,937
Total Program Service Revenue$0
Investment income $182,736
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,798,673

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Oakland Promise has recieved totaling $171,416.

Awarding OrganizationAmount
Koret Foundation

San Francisco, CA

PURPOSE: SCHOLARSHIPS AND PERSISTENCE SUPPORT AT THE PERALTA COMMUNITY COLLEGE DISTRICT

$125,000
Kazan Mcclain Partners Foundation

Oakland, CA

PURPOSE: GENERAL SUPPORT

$30,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$11,416
Robert & Catherine Miller Charitable Foundation

Oakland, CA

PURPOSE: UNRESTRICTED GIFT

$5,000
View Grant Recipient Profile

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