El Dorado Promise Inc
Preselected recipients only
El Dorado Promise Inc is a private foundation in Houston, Texas. In tax year 2025 it gave $4.9 million in 1 grant; the typical grant was $4.9 million and the largest $4.9 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$4.9 million
- Number of grants1
- Typical grant$4.9 million
- Largest grant$4.9 million
- Assets$25.6 million
- New grantees100%
Giving in 2025 was up from $4.0 million the year before.
100% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $3.5 million | 1 | $30.6 million |
| 2024 | $4.0 million | 1 | $28.9 million |
| 2025 | $4.9 million | 1 | $25.6 million |
How to apply
El Dorado Promise Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What El Dorado Promise Inc funds
Where it gives
All of its grants went to recipients in Arkansas.
| State | Grants | Amount |
|---|---|---|
| Arkansas | 1 | $4.9 million |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Classes of 2022-2025 Scholarship | scholarship | $4.9 million |
Officers and trustees
- Eric M Hambly
- Atif Riaz
- Roger Landes
Questions people ask
Does El Dorado Promise Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does El Dorado Promise Inc give?
$4.9 million in tax year 2025, across 1 grant, with a typical grant of $4.9 million.
Who runs El Dorado Promise Inc?
Its 2025 filing lists Eric M Hambly (President), Atif Riaz (Vice President) and Roger Landes (Secretary).
What does El Dorado Promise Inc fund?
Based on its grants, mainly education.