Overview
What is Bright Promises Foundation?
The Bright Promises Foundation is a Chicago-based nonprofit organization with two employees. Their mission involves supporting other organizations to address issues children face, improving early childhood centers, and building parent/caregiver capacity for children's social-emotional development. They also respond to childhood trauma and monitor the implementation of these initiatives, sharing the acquired knowledge with others. By providing resources to organizations, Bright Promises Foundation aims to help Illinois children reach their full potential.
Official website here: www.brightpromises.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star Rating)
Bright Promises Foundation is highly rated for its accountability and community engagement, boasting a Four-Star rating from Charity Navigator. The foundation excels in various aspects, including having a fully independent board and a rigorous approach to evaluating program effectiveness. Their financial practices are transparent, with no material diversions of assets reported, which underscores their commitment to responsible stewardship of donor funds.
User feedback highlights the impactful work Bright Promises does to support at-risk children in Chicago. Volunteers and board members commend the organization for its innovative programming and proactive identification of community needs. Many reviews emphasize the positive atmosphere during events and the foundation's role in fostering a network of support for vulnerable children and families.
While the feedback is overwhelmingly positive, users note the importance of continual adaptation to the changing needs of the community. The foundation's focus on data-driven strategies and collaboration with grantees positions it well to address pressing issues effectively. Overall, Bright Promises Foundation is recognized as a dedicated and impactful force in improving the lives of children in Illinois.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Bright Promises Foundation legitimate?
Bright Promises Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bright Promises 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: $82,054
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,778
For more financial information, click here
Official website here: www.brightpromises.org
What is the mission statement of Bright Promises Foundation?
The Bright Promises Foundation supports the growth and development of Illinois children by aiding other organizations in identifying and implementing effective solutions to challenges they face. The foundation closely monitors the programs it funds and disseminates the acquired knowledge to various entities. Through grants and awards, the foundation has supported initiatives aimed at enhancing early childhood centers, bolstering parental capacity to foster social-emotional learning, and addressing childhood trauma. Additionally, the foundation encourages the next generation to engage in the non-profit sector for the betterment of children.
Official website here: www.brightpromises.org
Who is the CEO of Bright Promises Foundation?
Gaylord Gieseke is the President of Bright Promises Foundation.
Official website here: www.brightpromises.org
What is the revenue of Bright Promises Foundation?
Bright Promises Foundation's revenue in 2022 was $1,137,076.
Official website here: www.brightpromises.org
Who are the executives of Bright Promises Foundation and what are their salaries?
The average compensation at Bright Promises Foundation during 2022 was $79,416. There are 2 employees and 45 volunteers at Bright Promises Foundation.
Here are 16 key members and their salaries:
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Official website here: www.brightpromises.org
Where can I find the form 990 for Bright Promises Foundation?
Bright Promises Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brightpromises.org
Learn more at the official website: www.brightpromises.org
Mission Statement of Bright Promises Foundation
Bright Promises Foundation is a not-for-profit organization dedicated to helping Illinois children reach their full potential. It achieves this by providing resources to other organizations that tackle issues confronted by children. The Foundation's mission is geared towards identifying and implementing solutions to problems that hinder children's development.
Bright Promises Foundation goes beyond mere grant-giving. It monitors and evaluates the programs it finances, gaining valuable insights in the process. With a commitment to knowledge sharing, this organization disseminates its learnings to others in the sector, contributing to a collective improvement in child-focused initiatives.
The Foundation's grantmaking efforts are focused on enhancing early childhood centers, bolstering parent and caregiver capacity to support social-emotional learning, and addressing childhood trauma. Through active engagement with grantees, Bright Promises Foundation gathers essential knowledge and best practices, which are then shared with the wider community.
Moreover, Bright Promises Foundation encourages young people to make a difference in the non-profit sector for children's causes. It does this by offering three awards: one for an outstanding young person in the field, one for an accomplished leader, and one for a civic leader. By recognizing and celebrating the achievements of these individuals, the Foundation inspires the next generation to contribute their skills and passion to the betterment of children's lives.
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Impact
October, 2024
Bright Promises Foundation significantly impacts the lives of children in Illinois by creating opportunities for them to achieve their full potential. The foundation delivers essential resources to various organizations addressing the challenges children face, focusing on enhancing early childhood education, supporting social and emotional learning, and responding to childhood trauma.
Through its grant-making efforts, Bright Promises reviews proposals and funds agencies that improve early childhood centers, building capacity among parents and caregivers to better support children's development. By closely monitoring the implementation of these funded programs, the foundation gathers valuable insights and shares its findings to inform and improve practices across the sector.
Furthermore, Bright Promises actively encourages youth engagement in the nonprofit field by offering awards that recognize emerging leaders, accomplished figures, and civic leaders dedicated to supporting children. This holistic approach not only addresses immediate needs but also fosters a culture of leadership and commitment to children's welfare in the community.
This information is meant to be a general summary of Bright Promises 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: $118,917
- Gross Receipts: $1,817,746
Assets and Liabilities:
- Total Assets: $4,785,425
- Total Liabilities: $135,880
- Net Assets: $4,649,545
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Organization Details
Founding Year
1877
Phone
(312) 704-8260Principal Officer
Gaylord Gieseke
Main Address
200 W MADISON ST 300, CHICAGO, IL, 60606
Website
www.brightpromises.orgNTEE Category
Code: D200 - Animals
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