I Have A Dream Foundation

Organization Overview

I Have A Dream Foundation is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (I99) the organization is classified as: Crime & Legal-Related N.E.C., under the broad grouping of Crime & Legal-Related and related organizations. As of 08/2023, I Have A Dream Foundation employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I Have A Dream Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2023, I Have A Dream Foundation generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $4.5m during the year ending 08/2023. While expenses have increased by 7.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, I Have A Dream Foundation has awarded 19 individual grants totaling $590,668. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE "I HAVE A DREAM" FOUNDATION (IHDF) EXPANDS EDUCATIONAL OPPORTUNITIES FOR CHILDREN LIVING IN UNDER-RESOURCED COMMUNITIES BY EMPOWERING THEM TO ACHIEVE HIGHER EDUCATION AND PROVIDING THEM WITH GUARANTEED TUITION SUPPORT AND EQUIPPING THEM WITH THE SKILLS AND KNOWLEDGE NEEDED TO GAIN ENTRY TO AND SUCCEED IN COLLEGE AND BEYOND. OUR VISION IS THAT ONE DAY, ALL CHILDREN FROM LOW-INCOME COMMUNITIES WILL HAVE AN EQUAL OPPORTUNITY TO COMPLETE HIGH SCHOOL, ACHIEVE POSTSECONDARY EDUCATION, AND FULLY CAPITALIZE ON THEIR TALENTS AND ASPIRATIONS TO BECOME PRODUCTIVE GLOBAL CITIZENS. WE SPONSOR COHORTS OF STUDENTS IN UNDER-RESOURCED PUBLIC SCHOOLS OR HOUSING DEVELOPMENTS, AND WORK WITH THESE "DREAMERS" FROM EARLY ELEMENTARY SCHOOL ALL THE WAY THROUGH HIGH SCHOOL. UPON HIGH SCHOOL GRADUATION, EACH DREAMER RECEIVES GUARANTEED TUITION ASSISTANCE FOR HIGHER EDUCATION. WHILE EACH "I HAVE A DREAM" PROGRAM IS LOCALIZED TO MEET THE SPECIFIC NEEDS OF ITS DREAMERS, ALL OF OUR PROGRAMS SHARE COMMON ELEMENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

DREAMER & AFFILIATE SUPPORT - THE "I HAVE A DREAM" FOUNDATION PROVIDES GUIDANCE, RESOURCES, AND TECHNICAL ASSISTANCE TO 17 "I HAVE A DREAM" AFFILIATES ACROSS THE NATION, WITH THE GOAL OF ENSURING THAT OUR 2,146 STUDENTS, CALLED "DREAMERS", GRADUATE FROM HIGH SCHOOL PREPARED TO ENROLL IN AND COMPLETE A POSTSECONDARY EDUCATION. OUR OFFICE WORKS WITH AFFILIATES TO PROVIDE BEST PRACTICES, LEARNING EXCHANGES, AND NATIONAL CONVENINGS, AS WELL AS MORE TARGETED PROGRAM SUPPORT THROUGH SITE VISITS, PHONE CONSULTATIONS, AND OTHER TECHNICAL ASSISTANCE. IN ADDITION, THE NATIONAL OFFICE DEVELOPS PARTNERSHIPS TO PROVIDE RESOURCES TO OUR DREAMERS AND AFFILIATES. THE FOUNDATION SPONSORS AN ANNUAL LEADERSHIP DEVELOPMENT CONFERENCE FOR MIDDLE AND HIGH SCHOOL DREAMERS FROM ACROSS THE UNITED STATES. EACH YEAR WE HOLD THE DREAMER CONFERENCE ON A COLLEGE CAMPUS IN DIFFERENT PARTS OF THE COUNTRY.


PROGRAM STRATEGY & DESIGN - THE "I HAVE A DREAM" FOUNDATION IS WORKING TO INCREASE THE ORGANIZATION'S IMPACT BY CONSTANTLY IMPROVING OUR EFFORTS TO SUPPORT CURRENT AFFILIATES. AS PART OF THIS EFFORT, THE FOUNDATION CONDUCTED SURVEYS TO EVALUATE CURRENT PROGRAMS' OFFERINGS ACROSS THE AFFILIATE NETWORK AND PROVIDED RESOURCES TO ADDRESS AREAS THAT NEEDED IMPROVEMENT. THE FOUNDATION RECENTLY IMPLEMENTED OUR COLLEGE SAVINGS ACCOUNT (CSA) PROGRAM WITH THREE AFFILIATES (NEW YORK-METRO, DES MOINES, AND OREGON), WITH THE GOAL OF ROLLING OUT THE PROGRAM ACROSS THE BROADER NETWORK. CSAS HAVE BEEN SHOWN TO INCREASE A STUDENT'S COLLEGE-GOING MINDSET AND POSITIVELY IMPACT THE COLLEGE-GOING RATE OF CHILDREN LIVING IN UNDER-RESOURCED COMMUNITIES. IHDF'S GOALS IN CREATING CSA'S FOR DREAMERS INCLUDE INCREASING THE NUMBER OF DREAMERS GETTING TO AND THROUGH COLLEGE, AND ALLOWING THE PUBLIC TO HELP SUPPORT DREAMERS' COLLEGE DREAMS BY PROVIDING A SAFE AND ACCESSIBLE INVESTMENT VEHICLE.


DATA & PERFORMANCE MANAGEMENT - THE "I HAVE A DREAM" FOUNDATION CONTINUES TO BUILD OUT A CENTRAL REPOSITORY OF CURRENT AND HISTORICAL PERFORMANCE DATA ACROSS THE "I HAVE A DREAM" NETWORK IN ORDER TO MEASURE THE ORGANIZATION'S COLLECTIVE IMPACT, DRIVE CONTINUOUS IMPROVEMENT EFFORTS AND RESOURCE ALLOCATION, AND STRENGTHEN PERFORMANCE ACCOUNTABILITY.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$630,476
Related organizations$0
Government grants $290,105
All other contributions, gifts, grants, and similar amounts not included above$3,204,774
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,125,355
Total Program Service Revenue$35,408
Investment income $56,882
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $178,547
Net Income from Fundraising Events -$154,428
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,241,764

Grants Awarded

Over the last fiscal year, I Have A Dream Foundation has awarded $401,830 in support to 11 organizations.

Grant RecipientAmount

I HAVE A DREAM - BOULDER

PURPOSE: Great Expectations

$10,000

I HAVE A DREAM - IDAHO

PURPOSE: Great Expectations

$10,000

I HAVE A DREAM - IDAHO

PURPOSE: Inspire the Dream

$52,594

I HAVE A DREAM - IDAHO

PURPOSE: Literacy Program

$26,000

I HAVE A DREAM - LOS ANGELES

PURPOSE: Great Expectations

$10,000

I HAVE A DREAM - LOS ANGELES

PURPOSE: Inspire the Dream

$25,374
View Grant Profile

Peer Organizations

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$4,241,764
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Erie Earn It Program Inc
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American Academy Of Matrimonial Lawyers
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Loewy Family Foundation
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Iorio Charitable Foundation
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$33,854

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