EIN 13-3355315

I Have A Dream Foundation

IRS 501(c) type
501(c)(3)
Num. employees
49
Year formed
1986
Most recent tax filings
2023-08-01
NTEE code, primary
Description
Empowers children in under-resourced areas to achieve higher education, provides guaranteed tuition support and skills. Supports affiliates across the nation.
Total revenues
$4,241,764
2023
Total expenses
$4,529,557
2023
Total assets
$3,458,390
2023
Num. employees
49
2023

Program areas at I Have A Dream Foundation

dreamer & affiliate support - the "i have a dream" foundation provides guidance, resources, and technical assistance to 17 "i have a dream" affiliates across the nation, with the goal of ensuring that our 2,146 students, called "dreamers", graduate from high school prepared to enroll in and complete a postsecondary education. Our office works with affiliates to provide best practices, learning exchanges, and national convenings, as well as more targeted program support through site visits, phone consultations, and other technical assistance. in addition, the national office develops partnerships to provide resources to our dreamers and affiliates. the foundation sponsors an annual leadership development conference for middle and high school dreamers from across the united states. each year we hold the dreamer conference on a college campus in different parts of the country.
Data & performance management - the "i have a dream" foundation continues to build out a central repository of current and historical performance data across the "I have a dream" network in order to measure the organization's collective impact, drive continuous improvement efforts and resource allocation, and strengthen performance accountability.
Program strategy & design - the "i have a dream" foundation is working to increase the organization's impact by constantly improving our efforts to support current affiliates. as part of this effort, the foundation conducted surveys to evaluate current programs' offerings across the affiliate network and provided resources to address areas that needed improvement. the foundation recently implemented our college savings account (CSA) program with three affiliates (new york-metro, des moines, and oregon), with the goal of rolling out the program across the broader network. CSAS have been shown to increase a student's college-going mindset and positively impact the college-going rate of children living in under-resourced communities. IHDF's goals in creating CSA's for dreamers include increasing the number of dreamers getting to and through college, and allowing the public to help support dreamers' college dreams by providing a safe and accessible investment vehicle.

Grants made by I Have A Dream Foundation

GranteeGrant descriptionAmount
I Have A Dream Foundation - Newark JerseySel - Social Emotional Learning$162,500
FarwiseInspire the Dream$52,594
I Have A Dream Foundation - MilwaukeeInspire the Dream$38,123
...and 8 more grants made

Who funds I Have A Dream Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
I Have A Dream - OvertownFund Paid on Termina$285,057
Margaret A Darrin Charitable TrustTo Further Advance the Organizations Charitable Purpose$250,000
Richard and Bette Saltzman FoundationUnrestricted Donation$250,000
...and 26 more grants received totalling $1,092,403

Personnel at I Have A Dream Foundation

NameTitleCompensation
Otis HackneyPresident and Chief Executive Officer$32,845
Richard RiveraChief Program Officer$155,066
Danny MorrisDirector of National Programs$100,136
Richard B. SaltzmanChairman$0
Steven ShawTreasurer$0
...and 9 more key personnel

Financials for I Have A Dream Foundation

RevenuesFYE 08/2023
Total grants, contributions, etc.$4,125,355
Program services$35,408
Investment income and dividends$56,882
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$178,547
Net income from fundraising events$-154,428
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,241,764

Form 990s for I Have A Dream Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-082024-07-11990View PDF
2022-082023-07-15990View PDF
2021-082022-07-14990View PDF
2020-082021-07-15990View PDF
2019-082022-03-15990View PDF
...and 9 more Form 990s
Data update history
November 25, 2024
Received grants
Identified 2 new grant, including a grant for $250,000 from Margaret A Darrin Charitable Trust
September 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 31, 2024
Updated personnel
Identified 2 new personnel
August 26, 2024
Used new vendors
Identified 1 new vendor, including
August 24, 2024
Received grants
Identified 8 new grant, including a grant for $250,000 from Richard and Bette Saltzman Foundation
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
Education
Characteristics
Fundraising eventsNational levelReceives government fundingCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
322 Eighth Ave 201
New York, NY 10001
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
ihaveadreamfoundation.org/ 
Phone
(212) 293-5480
IRS details
EIN
13-3355315
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Revoked
AG Registration Number
122838
FTB Entity ID
2578567
AB 488 data last updated ("as-of") date
2024-12-31
Free account sign-up

Want updates when I Have A Dream Foundation has new information, or want to find more organizations like I Have A Dream Foundation?

Create free Cause IQ account