The Foundation for Dreamers

AUSTIN, TX EIN: 74-2736860

The Foundation for Dreamers is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $905K in total assets. In 2024, it awarded 4 grants totaling $134K. Net investment income was $57K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$905K

-2.1% YoY

Annual Giving

$134K

+0.2% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$33K

-24.9% YoY

Under IRS private-foundation payout rules, The Foundation for Dreamers reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.

About The Foundation for Dreamers

Based on IRS filings

The Foundation for Dreamers is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $905K in total assets. In 2024, it awarded 4 grants totaling $134K. Net investment income was $57K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AustinCarrolltonFort WorthGeorgetownGlen RockGranburyHiloHoustonLago VistaNew YorkNorthfieldSalt Lake CitySan AntonioSunnyvaleTerrell

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$118K$237K$355K$474K20202021202220232024
Metric202420232022
Total Assets$904,877$924,492$931,120
Revenue$118,220$132,204$114,605
Expenses$137,835$138,832$144,391
Qualifying Distributions$133,742$133,498$137,207
Net Investment Income$57,134$56,496$54,806
Distributable Amount$46,282$44,084$45,905

Giving Over Time

Total grant dollars and number of grants per year

$0$105K$211K$316K$421K23 grants20207 grants20214 grants20223 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

ACTION AGAINST HUNGER USA$125KTHE BEATRICE F KROESCHE$6KNOVA UKRAINE$2KHAWAII COMMUNITY FOUNDAT…$915

Grant Size Distribution

41 grants across all recorded years

37<$50K$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Action Against Hunger Usa ($125,000), The Beatrice F Kroesche ($6,000), Nova Ukraine ($1,827).

RecipientPurposeAmount
THE BEATRICE F KROESCHE SALT LAKE CITY, UTSCHOLARSHIP FOR SINGLE PARENTS$6,000
NOVA UKRAINE SUNNYVALE, CAEMERGENCY RELIEF ASSISTING UKRAINE$1,827
ACTION AGAINST HUNGER USA NEW YORK, NYHELP END HUNGER$125,000
HAWAII COMMUNITY FOUNDATION HILO, HIEMERGENCT RELIEF AID ASSISTING HAWAI$915

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DOUGLAS S RICHARDS JRPRESIDENT
CLOUD RICHARDSVICE PRESIDE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Foundation for Dreamers?

The Foundation for Dreamers is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds $905K in total assets as of 2024.

How large is The Foundation for Dreamers?

As of 2024, The Foundation for Dreamers holds $905K in total assets with $118K in annual revenue. It awarded 4 grants totaling $134K in 2024.

Where does The Foundation for Dreamers operate?

The Foundation for Dreamers has awarded grants in California, Hawaii, New Jersey, New York, Texas, Utah, Vermont.

What size grants does The Foundation for Dreamers award?

In 2024, The Foundation for Dreamers awarded 4 grants totaling $134K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is The Foundation for Dreamers required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Foundation for Dreamers reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Foundation for Dreamers's EIN?

The Foundation for Dreamers's EIN (Employer Identification Number) is 74-2736860. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Foundation for Dreamers's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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