Illuminate Dreams Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$677K
-4.1% YoY
Annual Giving
$64K
Grant Count
2
Avg Grant Size
$32K
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.
About Illuminate Dreams Foundation
Based on IRS filings
Illuminate Dreams Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $676,665 | $705,286 | $500,023 |
| Revenue | $53,117 | $214,443 | $500,023 |
| Expenses | $81,738 | $9,180 | — |
| Qualifying Distributions | $81,398 | $9,150 | — |
| Net Investment Income | $34,940 | $14,388 | $23 |
| Distributable Amount | $34,701 | $24,671 | $877 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hope and Light ($39,000), Live Anyway ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOPE AND LIGHT SCOTTSDALE, AZ | General & Unrestricted | $39,000 |
| LIVE ANYWAY PARADISE VALLEY, AZ | General & Unrestricted | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sandya Shah | Sec, Treas, Chair, Pres | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Illuminate Dreams Foundation?
Illuminate Dreams Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $677K in total assets as of 2024.
How large is Illuminate Dreams Foundation?
As of 2024, Illuminate Dreams Foundation holds $677K in total assets with $53K in annual revenue. It awarded 2 grants totaling $64K in 2024.
Where does Illuminate Dreams Foundation operate?
Illuminate Dreams Foundation has awarded grants in Arizona.
What size grants does Illuminate Dreams Foundation award?
In 2024, Illuminate Dreams Foundation awarded 2 grants totaling $64K — an average of about $32K per grant, based on its IRS Form 990 filings.
How much is Illuminate Dreams Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Illuminate Dreams Foundation reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Illuminate 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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