The School of Dreams Inc
The School of Dreams Inc is a private foundation focused on Education, based in Brooklyn, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $176K in total assets. In 2024, it awarded 1 grant totaling $436K.
The School of Dreams Inc at a glance
In short: The School of Dreams Inc gave $436K across 1 grant in 2024 (avg $436K). Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $436,276
- +67.8% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $436,276
- +67.8% vs 2023
- Median grant
- $436,276
- Total assets
- $176,158
- +41.5% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The School of Dreams Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was The School of Dreams Rongchang ($436K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 4 grants of 5 (80%).
How The School of Dreams Inc gives
- Giving held roughly steady from 2021 to 2024 (+9%). Method
- In 2024 it paid out well above 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
From 2019 to 2024, annual grant giving ranged from $160K (2022) to $436K (2024). In 2024 it made 1 grant totaling $436K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The School of Dreams Rongchang | For supporting the operation of a tuition free public school and its students with special financial needs in Shantou, China | $436,276 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $176,158 | $488,014 | $436,326 | $436,276 | 1 | $436,326 | $9,327 |
| 2023 | $124,470 | $343,756 | $260,050 | $260,000 | 1 | $260,050 | $4,052 |
| 2022 | $42,764 | $199,033 | $162,025 | $160,000 | 1 | $162,025 | $1,308 |
| 2021 | $3,756 | $396,918 | $402,025 | $400,000 | 1 | $402,025 | $642 |
| 2020 | $8,863 | $185,923 | $402,075 | $400,000 | 1 | — | $6,779 |
| 2019 | $224,990 | $228,451 | $302,100 | $300,000 | 1 | — | $8,095 |
Under IRS private-foundation payout rules, The School of Dreams Inc reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The School of Dreams Inc is led by Ida Siu, Chairwoman on every filing since 2019; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ida Siu
Chairwoman
On filings since 2019
0.2 hrs/week
No compensation reported
Deirdre Quinn
Director
On filings since 2019
0.2 hrs/week
No compensation reported
Tr
Treasurer
On filings since 2023
0.2 hrs/week
No compensation reported
Former officers (1)
- Former: Harvey Lok (2019–2022) — Treasurer
Data from IRS Form 990 filings, 2019–2024. "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 The School of Dreams Inc
How much does The School of Dreams Inc give each year?
The School of Dreams Inc gave $436K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $260K across 1 grant.
How large is The School of Dreams Inc?
The School of Dreams Inc reported $176K in total assets on its 2024 IRS Form 990-PF. It paid out $436K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets).
What is The School of Dreams Inc?
The School of Dreams Inc is a private foundation focused on Education, based in Brooklyn, NY. It holds $176K in total assets as of 2024.
What is The School of Dreams Inc's EIN?
The School of Dreams Inc's EIN (Employer Identification Number) is 32-0280578. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 26, 2020)
- IRS filings on file for fiscal years 2019–2024
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Browse active grant opportunities in The School of Dreams Inc's focus areas in our free grants database
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