Achievable Dream Endowment Inc
Achievable Dream Endowment Inc is a public charity based in Newport News, Virginia. Its stated mission is to develop long-term funding for the social, academic, and moral needs of current and future generations of students with social risk factors, with emphasis on An Achievable Dream and organizations serving a similar population.
Achievable Dream Endowment Inc at a glance
In short: Achievable Dream Endowment Inc gave $1.7M across 11 grants in 2025 (avg $151K), mostly in Virginia. 36% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,659,436
- +0.2% vs 2024
- Grants made (2025)
- 11
- +10.0% vs 2024
- Average grant
- $150,858
- -8.9% vs 2024
- Median grant
- $30,000
- Total assets
- $31,268,559
- +0.5% vs 2024
- New grantees (estimate)
- 36% first-time grantees (4 of 11, 2025; small sample)
- Primary geography
- Virginia (98% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Achievable Dream Endowment Inc
- Contact
Mailing address: 10858 Warwick Blvd A, Newport News, VA 23601
Phone: (757) 599-9472
Website: https://achievabledream.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Achievable Dream Endowment Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was An Achievable Dream Middle and High School Inc ($804K). Together the top 10 received $1.7M.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 13 grants of 32 (41%).
Geographic Focus
Where this funder awards grants
In 2025, 98% of grant dollars went to recipients in Virginia and 2% to recipients in Nevada. The listed grants show substantial support for Newport News recipients, as well as grants to organizations in Richmond, Virginia, and Las Vegas, Nevada.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
Cities
Is Achievable Dream Endowment Inc open to new grantees?
36%
first-time grantees, 2025
In 2025, 4 of 11 grantees (36%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $16K; repeat grants $228K. How we count
Medians: $15K first-time, $45K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $371K (2021) to $1.7M (2025). In 2025 it made 11 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| An Achievable Dream Middle and High School Inc Newport News, VA | assist with educational programs | $803,594 |
| An Achievable Dream Inc Newport News, VA | assist with educational programs | $386,649 |
| An Achievable Dream Virginia Beach Inc Newport News, VA | assist with educational programs | $269,593 |
| Heritage High School Newport News, VA | assist with educational programs | $44,500 |
| Whats Next For Success Foundation Newport News, VA | assist with educational programs | $34,300 |
| Achieving Vicktory Foundation Las Vegas, NV | assist with educational programs | $30,000 |
| Christopher Newport University Newport News, VA | assist with educational programs | $30,000 |
| CodeVA Richmond, VA | assist with educational programs | $25,000 |
| Katherine Johnson Elementary School Newport News, VA | assist with educational programs | $20,000 |
| Women's Empowerment Development Newport News, VA | assist with educational programs | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $31,268,559 | $2,513,528 | $2,593,919 | $1,659,436 | 11 | $2,283,756 |
| 2024 | $31,099,588 | $1,187,241 | $2,388,311 | $1,656,538 | 10 | $768,994 |
| 2023 | $29,008,049 | $-155,104 | $1,929,891 | $1,359,563 | 4 | $-1,767,003 |
| 2022 | $27,316,592 | $2,743,275 | $1,761,860 | $1,152,210 | 4 | $-68,275 |
| 2021 | $31,216,021 | $3,421,150 | $757,197 | $370,793 | 3 | $1,157,574 |
| 2020 | $23,881,580 | $1,158,146 | $666,892 | $503,617 | 3 | $436,061 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The endowment’s mission is to develop sustainable long-term funding for students with social risk factors, emphasizing An Achievable Dream and organizations serving a similar population. Its 2025 grant descriptions state that grants were for educational programs.
Among the grantees, An Achievable Dream Virginia Beach Inc describes its mission as developing independent, productive citizens through social, academic, and moral education. CodeVA says it partners with schools, parents, and communities to bring computer science education opportunities to Virginia students. Christopher Newport University says its activities further the university’s educational objectives. An Achievable Dream describes providing on-site coaching to school leaders to increase academic achievement, using research-based leadership practices.
Grantmaking
In filing year 2025, the endowment made 11 grants totaling $1,659,436. Grants ranged from $5,800 to $803,594, with a median grant of $30,000. The largest grants went to An Achievable Dream Middle and High School Inc ($803,594), An Achievable Dream Inc ($386,649), and An Achievable Dream Virginia Beach Inc ($269,593), all for educational programs. Other recipients included Heritage High School ($44,500), Whats Next For Success Foundation ($34,300), Achieving Vicktory Foundation ($30,000), Christopher Newport University ($30,000), CodeVA ($25,000), Katherine Johnson Elementary School ($20,000), Women’s Empowerment Development ($10,000), and Warwick High School ($5,800).
No application process or unsolicited-request policy is stated in the available information.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Lee Vreeland as CEO; Tim Dykstra as Chair; Marvin Friedberg as Vice Chairman; and E. D. David as Secretary/Treasurer. It also lists Anne Conner, William Ermatinger, Gordon Gentry, Aubrey L. Layne Jr., Steve Roberts, and Bill Downey as directors.
Achievable Dream Endowment Inc is led by Lee Vreeland, CEO on every filing since 2020; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lee Vreeland
CEO
On filings since 2020
2 hrs/week
No compensation reported
Tim Dykstra
Chair
Chairman → Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Anne Conner
Director
On filings since 2020
1 hr/week
No compensation reported
Aubrey L Layne Jr.
Director
On filings since 2020
1 hr/week
No compensation reported
Gordon Gentry
Director
On filings since 2020
1 hr/week
No compensation reported
Steve Roberts
Director
On filings since 2020
1 hr/week
No compensation reported
William Ermatinger
Director
On filings since 2020
1 hr/week
No compensation reported
Bill Downey
Director
On filings since 2024
1 hr/week
No compensation reported
ED David
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Marvin Friedberg
Vice Chairman
On filings since 2020
1 hr/week
No compensation reported
Amanda Rose
CFO
On filings since 2022
2 hrs/week
No compensation reported
Former officers (2)
- Former: Helen Myers (2020–2021) — Executive Vice President & CFO
- Former: C Larry Pope (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Achievable Dream Endowment Inc
How much does Achievable Dream Endowment Inc give each year?
Achievable Dream Endowment Inc gave $1.7M across 11 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.7M across 10 grants.
What is Achievable Dream Endowment Inc's typical grant size?
Achievable Dream Endowment Inc's median grant in 2025 was $30,000, and its average grant was $150,858, across 11 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Achievable Dream Endowment Inc that year got $16K on average.
Where does Achievable Dream Endowment Inc give grants?
Achievable Dream Endowment Inc gives mostly in Virginia: 98% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Newport News, VA (9 grants).
Does Achievable Dream Endowment Inc give general operating support?
Not in 2025: none of the 11 grants with a stated purpose on Achievable Dream Endowment Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Assist with Educational Programs" (11 grants).
Who are Achievable Dream Endowment Inc's largest grantees?
Achievable Dream Endowment Inc's largest 2025 grantees include An Achievable Dream Middle and High School Inc ($803,594), An Achievable Dream Inc ($386,649) and An Achievable Dream Virginia Beach Inc ($269,593), according to its 2025 IRS Form 990. Together they received 88% of its itemized 2025 grant dollars.
How large is Achievable Dream Endowment Inc?
Achievable Dream Endowment Inc reported $31.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.5M.
What does Achievable Dream Endowment Inc fund?
The endowment’s mission is to develop sustainable long-term funding for students with social risk factors, emphasizing An Achievable Dream and organizations serving a similar population. Its 2025 grant descriptions state that grants were for educational programs. See mission & focus areas ↑
How do I apply for a grant from Achievable Dream Endowment Inc?
Achievable Dream Endowment Inc has no public application process in the sources Grantable reviewed. Check achievabledream.org for current guidelines, or contact the foundation directly before submitting a request.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
Live grants for the work Achievable Dream Endowment Inc funds
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Cite this profile
Grantable. (2026). Achievable Dream Endowment Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/achievable-dream-endowment-inc-morg_34ae37bb9aef4394aa21fc1a02099869
BibTeX
@misc{grantable_261392573_2026,
author = {{Grantable}},
title = {{Achievable Dream Endowment Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/achievable-dream-endowment-inc-morg_34ae37bb9aef4394aa21fc1a02099869},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Achievable Dream Endowment Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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