Dream Away Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LANCASTER, PA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $449K in total assets. In 2024, it awarded 3 grants totaling $140K. Net investment income was $172K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$449K
+53.0% YoY
Annual Giving
$140K
Grant Count
3
Avg Grant Size
$47K
Under IRS private-foundation payout rules, Dream Away Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
About Dream Away Foundation
Based on IRS filings
Dream Away Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LANCASTER, PA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $449K in total assets. In 2024, it awarded 3 grants totaling $140K. Net investment income was $172K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $448,991 | $293,396 |
| Revenue | $473,548 | $536,652 |
| Expenses | $151,121 | $10,647 |
| Qualifying Distributions | $141,452 | $4,763 |
| Net Investment Income | $171,897 | $233,458 |
| Distributable Amount | $11,235 | $4,611 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Stomp Out Bullying Corp ($70,000), Chill Foundation ($35,000), Theatre Horizon ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILL FOUNDATION BURLINGTON, VT | GENERAL SUPPORT | $35,000 |
| STOMP OUT BULLYING CORP NEW YORK, NY | GENERAL SUPPORT | $70,000 |
| THEATRE HORIZON NORRISTOWN, PA | GENERAL SUPPORT | $35,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN ARNOLD PRESIDENT | PRESIDENT/DIRECTOR | 1 | — |
| GENE P OTTO | SECRETARY/DIRECTOR | 1 | — |
| JOHN M ARNOLD | TREASURER/DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dream Away Foundation?
Dream Away Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LANCASTER, PA. It holds $449K in total assets as of 2024.
How large is Dream Away Foundation?
As of 2024, Dream Away Foundation holds $449K in total assets with $474K in annual revenue. It awarded 3 grants totaling $140K in 2024.
Where does Dream Away Foundation operate?
Dream Away Foundation has awarded grants in New York, Pennsylvania, Vermont.
What size grants does Dream Away Foundation award?
In 2024, Dream Away Foundation awarded 3 grants totaling $140K — an average of about $47K per grant, based on its IRS Form 990 filings.
How much is Dream Away Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dream Away Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dream Away Foundation's EIN?
Dream Away Foundation's EIN (Employer Identification Number) is 92-2955262. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Dream Away Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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