Dreams Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLAUVELT, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $391K in total assets. In 2024, it awarded 3 grants totaling $25K. Net investment income was $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$391K
+0.3% YoY
Annual Giving
$25K
+13.6% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$8K
-24.2% YoY
Under IRS private-foundation payout rules, Dreams Foundation reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
About Dreams Foundation
Based on IRS filings
Dreams Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLAUVELT, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $391K in total assets. In 2024, it awarded 3 grants totaling $25K. Net investment income was $35K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $391,126 | $389,791 | $389,190 |
| Revenue | $34,905 | $31,247 | $3,317 |
| Expenses | $33,570 | $30,646 | $35,889 |
| Qualifying Distributions | $25,000 | $23,500 | $26,415 |
| Net Investment Income | $34,905 | $18,101 | — |
| Distributable Amount | $29,040 | $28,678 | $29,206 |
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
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Nauraushaun Presbyterian Church ($13,014), Joyce Meyer Ministries ($6,986), Alliance University ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JOYCE MEYER MINISTRIES FENTON, MO | GENERAL | $6,986 |
| NAURAUSHAUN PRESBYTERIAN CHURCH PEARL RIVER, NY | GENERAL | $13,014 |
| ALLIANCE UNIVERSITY NEW YORK, NY | GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHELLEY JAMESON | PRESIDENT | 2 | — |
| JOEL JAMESON | VICE PRESIDENT | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dreams Foundation?
Dreams Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLAUVELT, NY. It holds $391K in total assets as of 2024.
How large is Dreams Foundation?
As of 2024, Dreams Foundation holds $391K in total assets with $35K in annual revenue. It awarded 3 grants totaling $25K in 2024.
Where does Dreams Foundation operate?
Dreams Foundation has awarded grants in Illinois, Missouri, New Jersey, New York, Pennsylvania.
What size grants does Dreams Foundation award?
In 2024, Dreams Foundation awarded 3 grants totaling $25K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Dreams Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dreams Foundation reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dreams Foundation's EIN?
Dreams Foundation's EIN (Employer Identification Number) is 77-0602396. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Dreams 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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