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EIN 26-1392573

Achievable Dream Endowment

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Newport News
State
Virginia
Year formed
2007
Most recent tax filings
2023-06-01
NTEE code, primary
T30: Public Foundations
Description
Achievable Dream Endowment invests funds with the primary goal of benefiting Achievable Dream Entities, a group of corporations related by common management. Its programs focus on providing support to students facing social risk factors in Newport News, VA.
Total revenues
$-155,104
2023
Total expenses
$1,929,891
2023
Total assets
$29,008,049
2023
Num. employees
0
2023

Program areas at Achievable Dream Endowment

To provide support for programs assisting students with social risk factors.

Grants made by Achievable Dream Endowment

GranteeGrant descriptionAmount
An Achievable Dream (AAD)Assist With Educational Programs$321,016
An Achievable Dream Virginia BeachAssist With Educational Programs$223,547
An Achievable Dream Certified AcademiesAssist With Educational Programs$105,000

Who funds Achievable Dream Endowment

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
An Achievable Dream Virginia BeachMatching Donation To the Endowment Which Supports All Achievable Dream Organizations.$150,000
Schwab Charitable FundPublic, Societal Benefit$50,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$25,000
...and 2 more grants received

Personnel at Achievable Dream Endowment

NameTitleCompensation
Lee VreelandPresident and Chief Executive Officer$0
Marsha HudginsPresident and CEO
Pervis O. BlakeVice President of Academics and Chief Operating Officer
Amanda RoseChief Administrative Officer$0
Richard ColemanChief Financial Advisor , An Achievable Dream Urban Learning Leadership Center
...and 30 more key personnel

Financials for Achievable Dream Endowment

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,607,075
Program services$0
Investment income and dividends$661,006
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,428,009
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,824
Total revenues$-155,104

Form 990s for Achievable Dream Endowment

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-07-18990View PDF
2020-062021-05-28990View PDF
2019-062021-02-09990View PDF
...and 9 more Form 990s
Data update history
July 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from United Jewish Community of the Virginia Peninsula Endowment
June 24, 2024
Updated personnel
Identified 13 new personnel
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 25, 2023
Received grants
Identified 2 new grant, including a grant for $150,000 from An Achievable Dream Virginia Beach
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Provides grantsEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
10858 Warwick Blvd A
Newport News, VA 23601
Metro area
Virginia Beach-Norfolk-Newport News, VA-NC
County
Newport News city, VA
Website URL
achievabledream.org/ 
Phone
(757) 599-9472
IRS details
EIN
26-1392573
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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