Building Dreams Foundation Inc

Private foundation · Grantmaker Scarsdale, NY EIN: 46-2303431

BUILDING DREAMS FOUNDATION INC is a private foundation based in Scarsdale, New York. Its 2025 filing describes support for medical research and care, religious institutions and programs, and educational institutions and museums.

Key facts about Building Dreams Foundation Inc

In short: Building Dreams Foundation Inc gave $67K across 15 grants in 2025 (avg $4K), mostly in New York. 47% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
46-2303431
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$66,695
Grants made (2025)
15
Average grant
$4,446
Median grant
$500
New grantees (estimate)
47% first-time grantees (7 of 15, 2025)
Total assets
$245,502
Primary geography
New York (99% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$246K

-5.1% YoY

Annual Giving

$67K

+200.0% YoY

Grant Count

15

+66.7% YoY

Avg Grant Size

$4K

+80.0% YoY

Under IRS private-foundation payout rules, Building Dreams Foundation Inc reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

Is Building Dreams Foundation Inc open to new grantees?

47%

first-time grantees, 2025

In 2025, 7 of 15 grantees (47%) were first-time recipients. First grants averaged $794; repeat grants $8K. How we count

Medians: $105 first-time, $3K repeat.

  • 53% of 2025 grantees were also funded in 2024. Method
  • Giving grew 88% from 2022 to 2025. Method
  • In 2025 it paid out 418% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF 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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s filing describes direct charitable activity supporting medical research and care for people suffering from diseases and infections; religious institutions in the local community and archdiocese, including capital projects and religious programs; and educational institutions and museums for students’ benefit.

Its 2025 grants included support for organizations working in mental health, food systems, cancer care, education, and religion. Fountain House describes its mission as creating community, innovation, and social change so people most impacted by serious mental illness can lead connected and healthy lives. Glynwood Center says it cultivates just and resilient regional food systems so communities, farmers, and the land thrive. Cancer Support Team describes itself as a home-care organization providing nursing, social work, and other free supportive services to cancer patients and their families in Westchester County.

Grantmaking

In 2025, the foundation reported 15 grants totaling $66,695. Grant amounts ranged from $100 to $43,740, with a median of $500.

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Geographic Focus

Where this funder awards grants

The 2025 filing reports that 99% of grant dollars went to recipients in New York. The listed grants also include a $105 award to Seton Hall Prep in West Orange, New Jersey.

Grant Distribution by State

4states

Share of 2025 grant dollars across all 15 itemized grants.

Cities

New YorkElmsfordPurchaseScarsdaleHartsdaleNew RochellePrincetonRamseyBronxCold SpringCortlandEdisonGoshenLudlowPort WashingtonWashingtonWest Orange

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K11 grants2020 9 grants2021 15 grants2022 10 grants2023 9 grants2024 15 grants2025

From 2020 to 2025, annual grant giving ranged from $17K (2021) to $67K (2025). In 2025 it made 15 grants totaling $67K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Church of St Pius X: $44KChurch of St Pius X$44KIona Athletics: $7KIona Athletics$7KBrain & Behavior Research Foundation: $3KBrain & Behavior ResearchFoundation$3KFountain House: $3KFountain House$3KNational Alliance on Mental Illness of Westchester Inc: $3KNational Alliance on MentalIllness of Westchester Inc$3KNY Presbterian Fund Inc: $3KNY Presbterian Fund Inc$3KGlynwood Center: $2KGlynwood Center$2KThe Cardinals Appeal: $500The Cardinals Appeal$500Cancer Support Team: $400Cancer Support Team$400SUNY Cortland: $300SUNY Cortland$300

The largest 2025 recipient was Church of St Pius X ($44K). Together the top 10 received $66K.

Grant Size Distribution

58 grants across all recorded years

58<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 58 grants of 58 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Church of St Pius X Scarsdale, NYSupport of the religious group in their mission of improving the christian community.$43,740
Iona Athletics New Rochelle, NYSupport of educational institutions and museums for the betterment of students.$7,250
Brain & Behavior Research Foundation New York, NYSupport of scientific research for cures in mental illness.$3,000
Fountain House New York, NYSupport of People Being Impacted by Mental Illnesses.$3,000
National Alliance on Mental Illness of Westchester Inc Elmsford, NYSupport of medical research, support and care for individuals suffering from diseases.$3,000
NY Presbterian Fund Inc New York, NYSupport of People Being Impacted by Mental Illnesses.$2,500
Glynwood Center Cold Spring, NYCultivate Just and Resilient Food Systems.$2,350
The Cardinals Appeal New York, NYSupport of the religious institutions in local community and archdiocese for capital projects.$500
Cancer Support Team Purchase, NYSupport of Caring for Patients Suffering from Cancer,$400
SUNY Cortland Cortland, NYSupport of educational institutions and museums for the betterment of students.$300

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $245,502 $58,291 $71,443 $66,695 (15 grants)
2024 $258,654 $40,392 $27,278 $22,230 (9 grants)
2023 $245,540 $33,879 $58,393 $53,860 (10 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$245,502$258,654$245,540
Revenue$58,291$40,392$33,879
Expenses$71,443$27,278$58,393
Qualifying Distributions$66,695$22,230$53,860
Net Investment Income$38,291$20,392$13,879
Distributable Amount$15,973$15,906$12,540

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 6, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 3, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 21, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS August 10, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS July 2, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Mary Ingriselli as president, Frank C Ingriselli Jr as vice president, and Elizabeth Ingriselli-Moy as treasurer.

Building Dreams Foundation Inc is led by Mary Ingriselli, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Mary Ingriselli

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Frank C. Ingriselli Jr.

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Elizabeth Ingriselli-Moy

    Treasurer

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Elizabeth Ingriselli (2020–2023) — Treasurer

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.

Contact

Mailing address: 45 Barry Road, Scarsdale, NY 10583
Phone: (914) 472-8095

Frequently asked questions about Building Dreams Foundation Inc

How much does Building Dreams Foundation Inc give each year?

Building Dreams Foundation Inc gave $67K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $22K across 9 grants.

What is Building Dreams Foundation Inc's typical grant size?

Building Dreams Foundation Inc's median grant in 2025 was $500, and its average grant was $4,446, across 15 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Building Dreams Foundation Inc that year got $794 on average.

Where does Building Dreams Foundation Inc give grants?

Building Dreams Foundation Inc gives mostly in New York: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (4 grants).

Does Building Dreams Foundation Inc give general operating support?

Not in 2025: none of the 15 grants with a stated purpose on Building Dreams Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

Who are Building Dreams Foundation Inc's largest grantees?

Building Dreams Foundation Inc's largest 2025 grantees include Church of St Pius X ($43,740), Iona Athletics ($7,250) and Brain & Behavior Research Foundation ($3,000), according to its 2025 IRS Form 990-PF. Together they received 81% of its itemized 2025 grant dollars.

How large is Building Dreams Foundation Inc?

Building Dreams Foundation Inc reported $246K in total assets on its 2025 IRS Form 990-PF. It paid out $67K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).

What does Building Dreams Foundation Inc fund?

The foundation’s filing describes direct charitable activity supporting medical research and care for people suffering from diseases and infections; religious institutions in the local community and archdiocese, including capital projects and religious programs; and educational institutions and museums for students’ benefit. See mission & focus areas ↑

How do I apply for a grant from Building Dreams Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Building Dreams Foundation Inc's EIN?

Building Dreams Foundation Inc's EIN (Employer Identification Number) is 46-2303431. IRS Form 990 filing data is available on this page for 2020–2025.

Does Building Dreams Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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