Overview
What is The Pittsburgh Promise Foundation?
The Pittsburgh Promise Foundation, located in Pittsburgh, Pennsylvania, was established in 2007 with a $100 million commitment from the University of Pittsburgh Medical Center (UPMC). With an initial $10 million contribution from UPMC, the organization aimed to raise an additional $150 million from various sources to support urban youth education. The foundation's mission is to ensure all urban youth in Pittsburgh have the opportunity to reach post-secondary success, improve public schools, and foster a diverse and skilled workforce in the region. Its guiding principles include equity and inclusion, excellence, integrity, impact, and commitment. The foundation conducts outreach in all Pittsburgh public high schools and charters to promote achievement and has provided over $162 million in scholarships to more than 10,698 students. As of June 2022, over 3,930 students have graduated with a post-secondary degree or certification, and promise alumni contribute to over 650 organizations in the region. The Pittsburgh Promise employs a team of 84 individuals dedicated to achieving its vision.
Official website here: www.pittsburghpromise.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% - Four-Star out of Four Stars
The Pittsburgh Promise Foundation has received a Four-Star rating from Charity Navigator, indicating exceptional organizational performance and transparency. With a perfect score in accountability and finance, the Foundation demonstrates strong governance through an independent board and comprehensive policies. Its financial health is also robust, with high program expense and fundraising efficiency ratios, reflecting effective use of resources to support its mission.
User feedback highlights the significant impact the organization has had on students in the Pittsburgh area, particularly through its scholarship programs. Many recipients express gratitude for the financial support that has alleviated debt burdens and opened doors to educational opportunities they previously thought unattainable. The Foundation is praised for its dedicated staff, who are noted for their commitment to fostering a caring and proactive environment for students and families.
While user reviews are overwhelmingly positive, emphasizing the importance of the Pittsburgh Promise in improving educational access and success, there are no specific limitations mentioned in the available data. Overall, the organization is recognized as a vital asset to the community, effectively addressing barriers to higher education for many students in Pittsburgh.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Pittsburgh Promise Foundation legitimate?
The Pittsburgh Promise Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pittsburgh Promise Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $279,134
Professional Fundraising Fees: $95,560
Other Salaries and Wages: $1,470,919
For more financial information, click here
Official website here: www.pittsburghpromise.org
What is the mission statement of The Pittsburgh Promise Foundation?
The Pittsburgh Promise Foundation is dedicated to fostering high educational aspirations among urban youth and funding scholarships for post-secondary access. Their ultimate goal is to create a prepared and diverse regional workforce. The foundation was launched in 2007 with a $100 million commitment from the University of Pittsburgh Medical Center (UPMC). UPMC's pledge consisted of an initial $10 million contribution and a challenge grant intended to spark a community-wide campaign to raise an additional $150 million from various private sources. The organization's vision encompasses a future where all urban youth are equipped to achieve post-secondary success, schools serve all children excellently, and the workforce is diverse and highly skilled. The Pittsburgh Promise adheres to guiding principles of equity and inclusion, excellence, integrity, impact, and commitment. They conduct outreach in all Pittsburg public high schools and charters to cultivate relationships and promote achievement. As of June 2022, the foundation has awarded over $162 million in scholarships to more than 10,698 students, who have attended 142 post-secondary institutions across Pennsylvania. Over 3,930 students have graduated with a post-secondary degree or certification, and Promise alumni are now contributing to over 650 organizations in the region.
Official website here: www.pittsburghpromise.org
Who is the CEO of The Pittsburgh Promise Foundation?
Saleem Ghubril is the Chair of The Pittsburgh Promise Foundation.
Official website here: www.pittsburghpromise.org
What is the revenue of The Pittsburgh Promise Foundation?
The Pittsburgh Promise Foundation's revenue in 2022 was $15,082,951.
Official website here: www.pittsburghpromise.org
Who are the executives of The Pittsburgh Promise Foundation and what are their salaries?
The average compensation at The Pittsburgh Promise Foundation during 2022 was $20,834. There are 84 employees and 150 volunteers at The Pittsburgh Promise Foundation.
Here are 30 key members and their salaries:
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Official website here: www.pittsburghpromise.org
Where can I find the form 990 for The Pittsburgh Promise Foundation?
The Pittsburgh Promise Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pittsburghpromise.org
Learn more at the official website: www.pittsburghpromise.org
Mission Statement of The Pittsburgh Promise Foundation
The Pittsburgh Promise Foundation, a dynamic organization with a mission to support urban youth in Pittsburgh, promotes high educational aspirations and funds scholarships for post-secondary access. Established in 2007, the Foundation was kick-started by the University of Pittsburgh Medical Center (UPMC) with an initial commitment of $10 million and a challenge grant of $90 million. The ultimate goal was to raise an additional $150 million from various private sources, including foundations, corporations, and individuals.
The Foundation envisions a future where all urban youth in Pittsburgh are equipped to reach post-secondary success, with public schools serving all children excellently, and a workforce that is widely diverse and highly skilled. Guided by principles of equity and inclusion, excellence, integrity, impact, and commitment, the Pittsburgh Promise Foundation conducts outreach in all Pittsburgh public high schools and charters, cultivating relationships and promoting achievement.
As of June 2022, the Pittsburgh Promise Foundation's accomplishments include providing over 10,698 students with $162 million in scholarships, attending 142 post-secondary institutions across Pennsylvania, and graduating over 3,930 students with a post-secondary degree or certification. Pittsburgh Promise alumni are now contributing to more than 650 organizations in the region, making a significant impact on the local community.
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Impact
October, 2024
The Pittsburgh Promise Foundation has made a significant impact on the educational landscape for urban youth in Pittsburgh. Launched in 2007, the foundation has committed substantial financial resources to support students in their pursuit of post-secondary education. As of June 2022, it has disbursed over $162 million in scholarships to more than 10,698 students, facilitating their attendance at 142 post-secondary institutions throughout Pennsylvania.
This initiative not only finances education but also fosters a culture of high educational aspirations among urban youth. The foundation’s outreach efforts in Pittsburgh public high schools and charter schools cultivate relationships that encourage achievement and provide guidance to students.
The outcomes of the program are noteworthy: over 3,930 students have graduated with post-secondary degrees or certifications, with Promise alumni now contributing their skills and talents to more than 650 organizations in the region. This creates a ripple effect that enhances the workforce’s diversity and skill level, ultimately enriching community life across Pittsburgh.
The foundation’s commitment to equity, excellence, integrity, impact, and community engagement underscores its mission and sets a groundwork for systemic change, aspiring to create a flourishing, just, and thriving environment for all citizens.
This information is meant to be a general summary of The Pittsburgh Promise Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,221,329
- Gross Receipts: $29,978,182
Assets and Liabilities:
- Total Assets: $59,585,111
- Total Liabilities: $703,256
- Net Assets: $58,881,855
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Organization Details
Founding Year
2007
Phone
(412) 391-5122Principal Officer
Saleem Ghubril
Main Address
FIVE PPG PLACE 250, PITTSBURGH, PA, 15222
Website
www.pittsburghpromise.orgNTEE Category
Code: T30 - Philanthropy
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