Illuminate Dreams Foundation
Illuminate Dreams Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $677K in total assets. In 2024, it awarded 2 grants totaling $64K. Net investment income was $35K.
Illuminate Dreams Foundation at a glance
In short: Illuminate Dreams Foundation gave $64K across 2 grants in 2024 (avg $32K), mostly in Arizona. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $64,000
- Grants made (2024)
- 2
- Average grant
- $32,000
- Median grant
- $32,000
- Total assets
- $676,665
- -4.1% vs 2023
- Primary geography
- Arizona (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Illuminate Dreams Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Hope and Light ($39K). Together the top 2 received $64K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Illuminate Dreams Foundation gives
- In 2024 it paid out 235% of its IRS minimum distribution (the 5% rule). 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
In 2024 it made 2 grants totaling $64K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope and Light Scottsdale, AZ | General & Unrestricted | $39,000 |
| Live Anyway Paradise Valley, AZ | General & Unrestricted | $25,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $676,665 | $53,117 | $81,738 | $64,000 | 2 | $81,398 | $34,940 | $34,701 |
| 2023 | $705,286 | $214,443 | $9,180 | — | — | $9,150 | $14,388 | $24,671 |
| 2022 | $500,023 | $500,023 | — | — | — | — | $23 | $877 |
Under IRS private-foundation payout rules, Illuminate Dreams Foundation reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Illuminate Dreams Foundation is led by Sandya Shah, Secretary, Treasurer, Chair & President since 2024 (on filings since 2022) — the only officer listed, and uncompensated.
Officers on the 2024 filing
Sandya Shah
Secretary, Treasurer, Chair & President
Director, President, Secretary & Treasurer → Secretary, Treasurer, Chair & President, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: Anand Shah (2023) — Co- President & Director
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 Illuminate Dreams Foundation
How much does Illuminate Dreams Foundation give each year?
Illuminate Dreams Foundation gave $64K across 2 grants in 2024, according to its 2024 IRS Form 990-PF.
How large is Illuminate Dreams Foundation?
Illuminate Dreams Foundation reported $677K in total assets on its 2024 IRS Form 990-PF. It paid out $81K in qualifying distributions that year, against a required minimum of $35K (roughly 5% of its investment assets).
Where does Illuminate Dreams Foundation operate?
Illuminate Dreams Foundation has awarded grants in Arizona.
What is Illuminate Dreams Foundation's EIN?
Illuminate Dreams Foundation's EIN (Employer Identification Number) is 92-0372596. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Live grants for the work Illuminate Dreams Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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