Achievable Dream Endowment Inc logo

Achievable Dream Endowment Inc

Foundation · Grantmaker Newport News, VA EIN: 26-1392573 Website

An Achievable Dream Endowment's mission is to develop sustainable long-term funding to support the social, academic, and moral needs of current and future generations of students with social risk factors, affording emphasis to An Achievable Dream and organizations who serve a similar population.

Key facts about Achievable Dream Endowment Inc

EIN
26-1392573
Latest 990 filing
Form 990-PF, 2025
Total assets
$31,268,559

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Is Achievable Dream Endowment Inc open to new grantees?

60%

first-time grantees, 2024

In 2024, 6 of 10 grantees (60%) were first-time recipients. First grants averaged $22K; repeat grants $381K. How we count

Medians: $18K first-time, $283K repeat.

  • 40% of 2024 grantees were also funded in 2023. Method
  • Giving grew 347% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$31.3M

+0.5% YoY

Revenue

—

-100.0% YoY

Net Investment Income

—

-100.0% YoY

Expenses

—

-100.0% YoY

About Achievable Dream Endowment Inc

Based on IRS filings

Achievable Dream Endowment Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Newport News, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $31.3M in total assets.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Newport NewsRichmondWilliamsburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$941K$2M$3M$4M202020212022202320242025
Metric202520242023
Total Assets$31,268,559$31,099,588$29,008,049
Revenue—$1,187,241$-155,104
Expenses—$2,388,311$1,929,891
Qualifying Distributions———
Net Investment Income—$768,994$-1,767,003
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
  6. Added Form 990-T for fiscal year 2025 (received by the IRS May 15, 2026)

Giving Over Time

Total grant dollars and number of grants per year

$0$414K$828K$1M$2M3 grants20203 grants20214 grants20224 grants202310 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

21 grants across all recorded years

5<$50K3$50–100K6$100–250K5$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
ED DavidSecretary/Treasurer1—
Anne ConnerDirector1—
Tim DykstraChair1—
William ErmatingerDirector1—
Marvin FriedbergVice Chairman1—
Gordon GentryDirector1—
Aubrey L Layne JrDirector1—
Steve RobertsDirector1—
Bill DowneyDirector1—
Lee VreelandCEO2—
Amanda RoseCFO2—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Achievable Dream Endowment Inc?

Achievable Dream Endowment Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Newport News, VA. It holds $31.3M in total assets as of 2025.

How large is Achievable Dream Endowment Inc?

As of 2025, Achievable Dream Endowment Inc holds $31.3M in total assets.

Where does Achievable Dream Endowment Inc operate?

Achievable Dream Endowment Inc has awarded grants in Virginia.

What is Achievable Dream Endowment Inc's EIN?

Achievable Dream Endowment Inc's EIN (Employer Identification Number) is 26-1392573. IRS Form 990 filing data is available on this page for 2020–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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