Fountain of Dreams Foundation
Fountain of Dreams Foundation is a private foundation, based in Atherton, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $673K in total assets. In 2025, it made $28 in qualifying distributions. Net investment income was $729.
Fountain of Dreams Foundation at a glance
- Total assets
- $673,370
- +0.1% vs 2024
- Revenue (2025)
- $729
- +225.4% vs 2024
- Qualifying distributions (2025)
- $28
- -99.9% vs 2024
- Expenses (2025)
- $28
- -99.9% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Fountain of Dreams Foundation funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $50–100K range: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Fountain of Dreams Foundation gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2025 it paid out 0% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $45K (2019) to $50K (2024). In 2024 it made 1 grant totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pan - Pacific Cultural Arts Foundat Oakland, CA | Charity | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $673,370 | $729 | $28 | — | — | $28 | $729 | $31,154 |
| 2024 | $672,669 | $224 | $50,580 | $50,000 | 1 | $50,580 | $224 | $32,304 |
| 2023 | $723,025 | $205 | $66 | — | — | $66 | $205 | $28,892 |
| 2022 | $722,886 | $233 | $50,198 | $50,000 | 1 | $50,198 | $233 | $38,676 |
| 2021 | $772,851 | $332 | $50,221 | $50,000 | 1 | — | $332 | $31,796 |
| 2020 | $822,740 | $630 | $50,180 | $50,000 | 1 | — | $450 | $43,043 |
| 2019 | $872,289 | $894 | $45,104 | $45,000 | 1 | — | $790 | $44,680 |
Under IRS private-foundation payout rules, Fountain of Dreams Foundation reported a distributable amount of $31K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Fountain of Dreams Foundation is led by Danhong Chen, President & CEO on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Danhong Chen
President & CEO
On filings since 2019
2 hrs/week
No compensation reported
Tony Jianyun Ye
Secretary
On filings since 2019
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Fountain of Dreams Foundation
How large is Fountain of Dreams Foundation?
Fountain of Dreams Foundation reported $673K in total assets on its 2025 IRS Form 990-PF. It paid out $28 in qualifying distributions that year, against a required minimum of $31K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Fountain of Dreams Foundation operate?
Fountain of Dreams Foundation has awarded grants in California.
What is Fountain of Dreams Foundation's EIN?
Fountain of Dreams Foundation's EIN (Employer Identification Number) is 45-3983687. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS September 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 18, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 4, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 12, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Fountain of Dreams Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Fountain of Dreams Foundation's focus areas in our free grants database
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Figures come from Fountain of Dreams Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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