Follow Your Dream Foundation Inc

Organization Overview

Follow Your Dream Foundation Inc is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (Q70) the organization is classified as: International Human Rights, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Follow Your Dream 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 06/2022, Follow Your Dream Foundation Inc generated $14.5m in total revenue. All expenses for the organization totaled $6.1m during the year ending 06/2022. While expenses have increased by 84.4% 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, Follow Your Dream Foundation Inc has awarded 13 individual grants totaling $3,890,800. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE BETTER FUTURES FOR DISADVANTAGED PEOPLE

Describe the Organization's Program Activity:

Part 3 - Line 4a

RUNNING THE LIVELIHOOD IMPACT FUND PROGRAM, WHICH PROVIDES GRANTS AND LOANS AND INTENSIVE CONSULTING SUPPORT FOR ORGANIZATIONS WORKING TO INCREASE INCOMES FOR THE POOR


RUNNING PROGRAMS TO BENEFIT POOR YOUTH IN CAMBODIA


PROVIDING EDUCATIONAL SCHOLARSHIPS AND MENTORSHIP


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Board, Officers & Key Employees

Name (title)Compensation
Jeremy Hockenstein
President/treas
$0
Vernon Naidoo
Secretary
$0
Amolo Ngweno
Director
$0
Sari Miller
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$14,479,110
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$14,479,110
Total Program Service Revenue$66,374
Investment income $2,932
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,548,416

Grants Awarded

Over the last fiscal year, Follow Your Dream Foundation Inc has awarded $3,565,800 in support to 9 organizations.

Grant RecipientAmount

Highland Park, IL

PURPOSE: GENERLA SUPPORT

$1,000,000

Dover, DE

PURPOSE: GENERLA SUPPORT

$750,000

New York, NY

PURPOSE: GENERLA SUPPORT

$700,000

New York, NY

PURPOSE: GENERLA SUPPORT

$650,000

DIGITAL DIVIDE DATA

Org PageRecipient Profile

New York, NY

PURPOSE: GENERLA SUPPORT

$300,000

San Francisco, CA

PURPOSE: GENERLA SUPPORT

$100,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Follow Your Dream Foundation Inc has recieved totaling $144,500.

Awarding OrganizationAmount
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$144,500
View Grant Recipient Profile

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