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EIN 54-2013523

The Microdreams Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Newark
State
New Jersey
Year formed
2000
Most recent tax filings
2023-12-01
NTEE code, primary
Q30: International Development, Relief Services
Description
The Microdreams Foundation provides direct investments, bilateral loans, and loan guarantees to highly rated small microfinance institutions. They ensure that funds continue to reach entrepreneurs in need throughout the developing world. Additionally, the foundation supports small promising microfinance institutions in the developing world to achieve permanency through financial self-sufficiency.
Total revenues
$441,749
2023
Total expenses
$157,064
2023
Total assets
$2,363,661
2023
Num. employees
0
2023

Program areas at The Microdreams Foundation

The Microdreams Foundation provides direct investments, bilateral loans and loan guarantees to highly rated small microfinance institutions, ensuring funds continue to reach entrepeneurs in need throughout The developing world.

Who funds The Microdreams Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Loeb Family FoundationCharitable Contribution$3,275
AmazonSmile FoundationGeneral Support$69

Personnel at The Microdreams Foundation

NameTitleCompensation
Politimi KelekisChief Executive Officer
Gregory CasagrandePresident$0
Jerome Casa GrandeTreasurer$0

Financials for The Microdreams Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$222,169
Program services$219,003
Investment income and dividends$577
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$441,749

Form 990s for The Microdreams Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-05-15990View PDF
2021-122022-05-13990View PDF
2020-122021-07-01990View PDF
2019-122020-09-05990View PDF
...and 10 more Form 990s

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OrganizationLocationRevenue
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Beyond Capital FundDallas, TX$534,615
Capital Sisters InternationalGolden, CO$270,735
Kanpe FoundationBurlington, VT$757,742
CDI International Inc Attn Rodrigo BaggioWestwood, NJ$280,125
Resonate WorkshopsAlbion, CA$364,481
Aid Afghanistan for EducationSterling, VA$117,260
MbeyaSan Diego, CA$178,935
EducandoNew York, NY$1,605,576
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $3,275 from Loeb Family Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 12, 2023
Received grants
Identified 1 new grant, including a grant for $2,500 from Loeb Family Foundation
May 20, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
International-focused organizationsCharities
Issues
Foreign affairsInternational development
Characteristics
Operates internationallyTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
60 Park Pl Suite 520
Newark, NJ 07102
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Essex County, NJ
Website URL
microdreams.org/ 
Phone
(973) 230-3678
IRS details
EIN
54-2013523
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q30: International Development, Relief Services
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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