Circle of Dreams Foundation

RIDGWAY, CO EIN: 86-1260340

Circle of Dreams Foundation is a private foundation, based in RIDGWAY, CO. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 9 grants totaling $66K. Net investment income was $14K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+7.1% YoY

Annual Giving

$66K

+31.3% YoY

Grant Count

+28.6% YoY

Avg Grant Size

$7K

+2.1% YoY

Under IRS private-foundation payout rules, Circle of Dreams Foundation reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.

About Circle of Dreams Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Mexico $84K (37%)

New York $71K (31%)

Colorado $67K (29%)

Utah $4K (2%)

District of Columbia $1K (0%)

Massachusetts $1K (0%)

Virginia $100 (0%)

States

Colorado District of Columbia Massachusetts New Mexico New York Utah Virginia

Cities

AlbuquerequeAlbuquerqueArlingtonBostonBoulderDurangoGunnisonHotchkissLarchmonthMillbrookMoabNew YorkOurayRidgewayRidgwaySilver CityTellurideWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,316,196	$1,228,587	$1,157,008
Revenue	$13,329	$-35,350	$19,893
Expenses	$109,544	$86,326	$96,143
Qualifying Distributions	$121,676	$73,553	$75,877
Net Investment Income	$14,249	$10,863	$7,994
Distributable Amount	$62,598	$56,921	$62,592

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

36 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Guy Gilleshammer ($15,000), Artists for Soup ($14,000), Reef Renewal ($13,500).

Recipient	Purpose	Amount
GUY GILLESHAMMER SILVER CITY, NM	RESEARCH GRANT	$15,000
ARTISTS FOR SOUP MILLBROOK, NY	CHARITABLE CONTRIBUTION	$14,000
REEF RENEWAL LARCHMONTH, NY	CHARITABLE CONTRIBUTION	$13,500
FRIENDS OF YOUTH AND NATURE HOTCHKISS, CO	CHARITABLE CONTRIBUTION	$5,000
HOME TRUST OF OURAY COUNTY RIDGWAY, CO	CHARITABLE CONTRIBUTION	$3,000
EMPOWERMENT INTERNATIONAL ALBUQUERQUE, NM	CHARITABLE CONTRIBUTION	$4,000
GREAT OLE BROADS FOR WILDERNESS DURANGO, CO	CHARITABLE CONTRIBUTION	$10,000
LEUKEMIA LYMPHOMA SOCIETY LLS WASHINGTON, DC	CHARITABLE CONTRIBUTION	$1,050
FRIENDS OF THE BLACK CANYON GUNNISON, CO	CHARITABLE CONTRIBUTION	$15

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JEANNE BODEMAN JAMBOR	PRESIDENT	—	—
SUSAN E SPIELMAN	VICE PRESIDE	—	—

Frequently Asked Questions

How large is Circle of Dreams Foundation?

As of 2024, Circle of Dreams Foundation holds $1.3M in total assets with $13K in annual revenue. It awarded 9 grants totaling $66K in 2024.

Where does Circle of Dreams Foundation operate?

Circle of Dreams Foundation has awarded grants in Colorado, District of Columbia, Massachusetts, New Mexico, New York, Utah, Virginia.

What size grants does Circle of Dreams Foundation award?

In 2024, Circle of Dreams Foundation awarded 9 grants totaling $66K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Circle of Dreams Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Circle of Dreams Foundation reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.