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.
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.
About First United Community Dreams Foundation
Based on IRS filings
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.
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 | $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 |
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
Among its reported 2024 grants, the largest include United Way of Frederick ($5,000), Washington County Chamber Foundation ($5,000), Scotts Run Settlement House Backpack Program ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLEGANY NAACP CUMBERLAND, MD | TO SUPPORT THE JUNETEENTH FESTIVAL | $1,000 |
| BOYS AND GIRLS CLUB ATLANTA, GA | TO SUPPORT THE REBUILDING CAPITAL CAMPAIGN | $2,500 |
| NORTHERN HIGH SCHOOL OWINGS, MD | GENERAL FUND | $1,250 |
| UNITED WAY OF FREDERICK FREDERICK, MD | TO SUPPORT ALICE ADVOCACY WEEK | $5,000 |
| WVU FOUNDATION MORGANTOWN, WV | TO SUPPORT THE MONDAY NIGHT LIGHTS SPONSOR AND THE MOUNTAINEER RACING TEAM | $1,500 |
| HOBY MARYLAND LEADERSHIP SEMINAR GERMANTOWN, MD | GENERAL FUND | $2,500 |
| WASHINGTON COUNTY CHAMBER FOUNDATION HAGERSTOWN, MD | GENERAL FUND | $5,000 |
| SCOTTS RUN SETTLEMENT HOUSE BACKPACK PROGRAM MORGANTOWN, WV | GENERAL FUND | $5,000 |
| EMBASSY THEATRE CORPORATION FORT WAYNE, IN | GENERAL FUND | $2,000 |
| CUMBERLAND SALVATION ARMY CUMBERLAND, MD | GENERAL FUND | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARISSA L RODEHEAVER | PRESIDENT | 1 | — |
| JASON B RUSH | SECRETARY | 1 | — |
| TONYA K STURM | TREASURER | 1 | — |
| KEITH R SANDERS | DIRECTOR | 1 | — |
| RL FISHER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is First United Community Dreams Foundation?
As of 2024, First United Community Dreams Foundation holds $1.1M in total assets with $48K in annual revenue. It awarded 22 grants totaling $62K in 2024.
Where does First United Community Dreams Foundation operate?
First United Community Dreams Foundation has awarded grants in California, District of Columbia, Florida, Georgia, Indiana, Maryland, Pennsylvania, Virginia, West Virginia.
What size grants does First United Community Dreams Foundation award?
In 2024, First United Community Dreams Foundation awarded 22 grants totaling $62K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is First United Community Dreams Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, First United Community Dreams Foundation reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in First United Community 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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