First United Community Dreams Foundation
First United Community Dreams Foundation is a private foundation focused on Human Services, based in Oakland, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 22 grants totaling $62K. Net investment income was $41K.
Key facts about First United Community Dreams Foundation
In short: First United Community Dreams Foundation gave $62K across 22 grants in 2024 (avg $3K), mostly in Maryland. 77% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 87-4176226
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $62,000
- Grants made (2024)
- 22
- Average grant
- $2,818
- Median grant
- $2,500
- New grantees (estimate)
- 77% first-time grantees (17 of 22, 2024)
- Total assets
- $1,065,207
- Primary geography
- Maryland (63% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+5.5% YoY
Annual Giving
$62K
-8.4% YoY
Grant Count
22
-4.3% YoY
Avg Grant Size
$3K
-4.2% YoY
Under IRS private-foundation payout rules, First United Community Dreams Foundation reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
Is First United Community Dreams Foundation open to new grantees?
77%
first-time grantees, 2024
In 2024, 17 of 22 grantees (77%) were first-time recipients. First grants averaged $3K; repeat grants $2K. How we count
Medians: $3K first-time, $2K repeat.
- 23% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 109% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 22 itemized 2024 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UNITED WAY OF FREDERICK Frederick, MD | TO SUPPORT ALICE ADVOCACY WEEK | $5,000 |
| WASHINGTON COUNTY CHAMBER FOUNDATION Hagerstown, MD | GENERAL FUND | $5,000 |
| SCOTTS RUN SETTLEMENT HOUSE BACKPACK PROGRAM Morgantown, WV | GENERAL FUND | $5,000 |
| LANDON'S LIBRARY FBO WGW TOURNAMENT Mountain Lake Park, MD | GENERAL FUND | $5,000 |
| OAKLAND YOUTH BASEBALL ASSOCIATION Oakland, MD | GENERAL FUND | $5,000 |
| CUMBERLAND SALVATION ARMY Cumberland, MD | GENERAL FUND | $4,000 |
| ASPIRE SERVICES CENTER Morgantown, WV | GENERAL FUND | $3,500 |
| UNITED WAY FBO FROSTBURG LUNCH PROGRAM Cumberland, MD | GENERAL FUND | $3,500 |
| EVERGREEN CENTER FOUNDATION Mount Savage, MD | GENERAL FUND | $3,000 |
| BOYS AND GIRLS CLUB Atlanta, GA | TO SUPPORT THE REBUILDING CAPITAL CAMPAIGN | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,065,207 | $1,009,729 | $958,704 |
| Revenue | $47,505 | $28,665 | $138,129 |
| Expenses | $79,670 | $83,990 | $86,271 |
| Qualifying Distributions | $62,000 | $67,690 | $61,351 |
| Net Investment Income | $41,493 | $26,726 | $22,819 |
| Distributable Amount | $56,718 | $50,852 | $47,902 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
First United Community Dreams Foundation is led by Carissa L. Rodeheaver, President on every filing since 2021; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Carissa L. Rodeheaver
President
On filings since 2021
1 hr/week
No compensation reported
Keith R. Sanders
Director
On filings since 2021
1 hr/week
No compensation reported
Rl Fisher
Director
On filings since 2021
1 hr/week
No compensation reported
Jason B. Rush
Secretary
On filings since 2021
1 hr/week
No compensation reported
Tonya K. Sturm
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 First United Community Dreams Foundation
How much does First United Community Dreams Foundation give each year?
First United Community Dreams Foundation gave $62K across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $68K across 23 grants.
What is First United Community Dreams Foundation's typical grant size?
First United Community Dreams Foundation's median grant in 2024 was $2,500, and its average grant was $2,818, across 22 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from First United Community Dreams Foundation that year got $3K on average.
Where does First United Community Dreams Foundation give grants?
First United Community Dreams Foundation gives mostly in Maryland: 63% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was West Virginia (28%). The most frequent recipient cities were Cumberland, MD (4 grants), Morgantown, WV (3 grants), Hagerstown, MD (2 grants) and Oakland, MD (2 grants).
Does First United Community Dreams Foundation give general operating support?
Yes: 82% of First United Community Dreams Foundation's 2024 grants with a stated purpose (18 of 22) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are First United Community Dreams Foundation's largest grantees?
First United Community Dreams Foundation's largest 2024 grantees include United Way of Frederick ($5,000), Washington County Chamber Foundation ($5,000) and Scotts Run Settlement House Backpack Program ($5,000), according to its 2024 IRS Form 990-PF. Together they received 24% of its itemized 2024 grant dollars.
How large is First United Community Dreams Foundation?
First United Community Dreams Foundation reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $62K in qualifying distributions that year, against a required minimum of $57K (roughly 5% of its investment assets).
What is First United Community Dreams Foundation?
First United Community Dreams Foundation is a private foundation focused on Human Services, based in Oakland, MD. It holds $1.1M in total assets as of 2024.
What is First United Community Dreams Foundation's EIN?
First United Community Dreams Foundation's EIN (Employer Identification Number) is 87-4176226. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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