Good Dream Foundation
Good Dream Foundation is a private foundation based in Yorba Linda, California. Its 2024 filing reports 11 grants totaling $76,936, supporting organizations with charitable, educational, family-support, refugee-resource, and religious or missionary activities.
Good Dream Foundation at a glance
In short: Good Dream Foundation gave $77K across 11 grants in 2024 (avg $7K), mostly in California. 36% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $76,936
- -21.2% vs 2023
- Grants made (2024)
- 11
- +10.0% vs 2023
- Average grant
- $6,994
- -28.4% vs 2023
- Median grant
- $8,000
- Total assets
- $773,887
- +146.3% vs 2023
- New grantees (estimate)
- 36% first-time grantees (4 of 11, 2024; small sample)
- Primary geography
- California (97% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Good Dream Foundation
- How to Apply
-
The foundation states that it does not restrict giving to preselected organizations. Its filing lists Good Dream Foundation as the contact; application form and materials, deadlines, and award restrictions are listed as TBD.
- Contact
Application contact: Good Dream Foundation
Mailing address: 19072 Green Oaks Rd, Yorba Linda, CA 92886
Phone: (310) 850-9167
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Good Dream Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Shema Stella Foundation ($11K). Together the top 10 received $76K.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was under $50K: 24 grants of 24 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 97% of grant dollars went to recipients in California and 3% to recipients in New York.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
States
Cities
Is Good Dream Foundation open to new grantees?
36%
first-time grantees, 2024
In 2024, 4 of 11 grantees (36%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $6K; repeat grants $8K. How we count
Medians: $6K first-time, $9K repeat.
- 64% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 324% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $24K (2022) to $98K (2023). In 2024 it made 11 grants totaling $77K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Shema Stella Foundation Irvine, CA | Empower women entrepreneurs by providing resources, mentorship, and access to capital | $11,000 |
| Global Partners USA Anaheim, CA | Recruit, train, and send missionaries to mission fields to glorify god | $10,336 |
| Mission to Promote Adoption of Kids Carson, CA | Enable families to open their hearts and homes to the needy children who need home. | $10,200 |
| Educational Mission in Malawi Fullerton, CA | Foster female leaders who will change the community, nation, and world through academic excellence, christ-like servanthood, and biblical worldvie | $8,500 |
| The Joseph Mission Center Brea, CA | Teach God's Disciplines to Restore Family in Need | $8,500 |
| Grace Community Service Fullerton, CA | Provide Charitable Programs to People in Need | $8,000 |
| GMI Fullerton, CA | Support various churches to set forth god's presence and power | $7,000 |
| Gems Fullerton, CA | Make disciples and spread the gospel to all nations | $5,500 |
| Connect Refugees San Pedro, CA | Connect Refugees with Resources | $5,000 |
| Phillip New York, NY | Support Missionary in Philippines | $2,400 |
Ready to take the next step with Good Dream Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $773,887 | $623,699 | $164,610 | $76,936 | 11 | $86,004 | $25,463 | $26,552 |
| 2023 | $314,267 | $508,141 | $220,467 | $97,676 | 10 | $107,497 | $24,027 | $16,172 |
| 2022 | $26,470 | $50,000 | $23,530 | $23,500 | 3 | $23,500 | — | $724 |
Under IRS private-foundation payout rules, Good Dream Foundation reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2024 grants include support for organizations working in education, charitable services, adoption, refugee resources, women’s entrepreneurship, and religious or missionary activities.
Educational Mission in Malawi describes its mission as financially supporting missionary work in Malawi and establishing a Christian secondary school and nursery school for children there. Grace Community Service describes its mission as providing charitable programs to needy people. These are the grantees’ stated missions.
Grantmaking
In 2024, the foundation gave 11 grants totaling $76,936. Grant amounts ranged from $500 to $11,000, with a median of $8,000.
Among the largest grants were $11,000 to Shema Stella Foundation for resources, mentorship, and access to capital for women entrepreneurs; $10,336 to Global Partners USA to recruit, train, and send missionaries; and $10,200 to Mission to Promote Adoption of Kids to enable families to provide homes for children in need. Other notable grants included $8,500 to Educational Mission in Malawi, $8,500 to The Joseph Mission Center, $8,000 to Grace Community Service, and $5,000 to Connect Refugees.
Leadership & Key People
Leadership team and compensation from IRS filings
Man Youn is listed as CEO on the 2024 filing.
Good Dream Foundation is led by Man Youn, CEO on every filing since 2022 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Man Youn
CEO
On filings since 2022
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "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 Good Dream Foundation
How much does Good Dream Foundation give each year?
Good Dream Foundation gave $77K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $98K across 10 grants.
What is Good Dream Foundation's typical grant size?
Good Dream Foundation's median grant in 2024 was $8,000, and its average grant was $6,994, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Good Dream Foundation that year got $6K on average.
Where does Good Dream Foundation give grants?
Good Dream Foundation gives mostly in California: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fullerton, CA (4 grants) and Irvine, CA (2 grants).
Does Good Dream Foundation give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on Good Dream Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Good Dream Foundation's largest grantees?
Good Dream Foundation's largest 2024 grantees include Shema Stella Foundation ($11,000), Global Partners USA ($10,336) and Mission to Promote Adoption of Kids ($10,200), according to its 2024 IRS Form 990-PF. Together they received 41% of its itemized 2024 grant dollars.
How large is Good Dream Foundation?
Good Dream Foundation reported $774K in total assets on its 2024 IRS Form 990-PF. It paid out $86K in qualifying distributions that year, against a required minimum of $27K (roughly 5% of its investment assets).
What does Good Dream Foundation fund?
No foundation mission statement is provided. Its 2024 grants include support for organizations working in education, charitable services, adoption, refugee resources, women’s entrepreneurship, and religious or missionary activities. See mission & focus areas ↑
How do I apply for a grant from Good Dream Foundation?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Good Dream Foundation's EIN?
Good Dream Foundation's EIN (Employer Identification Number) is 88-1021500. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 23, 2023)
- IRS filings on file for fiscal years 2022–2024
Explore Open Grants
Browse active grant opportunities in Good Dream Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Good Dream Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/good-dream-foundation-morg_5691bf9978ba4c3b99a5b3facbea9446
BibTeX
@misc{grantable_881021500_2026,
author = {{Grantable}},
title = {{Good Dream Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/good-dream-foundation-morg_5691bf9978ba4c3b99a5b3facbea9446},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Good Dream 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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