Dreman Foundation Inc
- Assets
- $3.9m
- Revenue
- $405.2k
- Investments
- $3.9m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 08/1987
- Data as of
- 11/2023
- EIN
- 22-2764782
Organization Overview
Dreman Foundation Inc is located in West Palm Beach, FL. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dreman Foundation Inc 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 11/2023, Dreman Foundation Inc generated $405.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $430.1k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dreman Foundation Inc has awarded 377 individual grants totaling $4,134,917. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Dreman President | 0.5 | $0 | |
Holly Dreman Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $403,850 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,325 |
| Capital Gain Net Income | $1,325 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $405,175 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $294 |
| Total operating and administrative expenses | $40,198 |
| Contributions, gifts, grants paid | $389,875 |
| Total expenses and disbursements | $430,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,043 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,914,019 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,660 |
| Total assets | $3,924,722 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $73,375 |
| Total liabilities | $73,375 |
Grants Awarded
Over the last fiscal year, Dreman Foundation Inc has awarded $389,875 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
THE NATIONAL PHILANTHROP PURPOSE: UNRESTRICTED USE BY DONEE | $266,725 |
ASPEN INSTITUTE PURPOSE: UNRESTRICTED USE BY DONEE | $5,000 |
ASPEN MUSIC FESTIVAL PURPOSE: UNRESTRICTED USE BY DONEE | $2,500 |
AMERICAN HUMANE GALA PURPOSE: UNRESTRICTED USE BY DONEE | $4,000 |
BRINK LITERACY PROJECT PURPOSE: UNRESTRICTED USE BY DONEE | $10,000 |
CENTER FOR HUMANE TECHNO PURPOSE: UNRESTRICTED USE BY DONEE | $10,000 |