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I Have A Dream Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133355315 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is I Have A Dream Foundation?

I Have A Dream Foundation is a nonprofit organization situated in New York, aiming to enhance educational opportunities for children residing in underprivileged communities. The foundation's mission is to empower these students to pursue higher education, offering them guaranteed tuition support and equipping them with essential skills to succeed in college and beyond. With a vision of equal opportunities for all, I Have A Dream Foundation works with local cohorts of students from early elementary school to high school, providing support throughout their academic journey. The organization cultivates innovative methods to motivate and encourage these students, offering programs such as a postsecondary support initiative and a college savings account program, encouraging direct investment in their success. The foundation also collaborates with affiliates across the nation, offering guidance, resources, and technical assistance to ensure their students graduate prepared for postsecondary education.


Official website here: www.ihaveadreamfoundation.org

Is I Have A Dream Foundation legitimate?

I Have A Dream Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. I Have A Dream Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $190,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,585,718

For more financial information, click here


Official website here: www.ihaveadreamfoundation.org

What is the mission statement of I Have A Dream Foundation?

The I Have A Dream Foundation, in its mission, aims to broaden educational prospects for children residing in underprivileged communities. By empowering these children, it offers them guaranteed tuition assistance and equips them with necessary skills and knowledge to secure entry into and thrive in higher education. The organization's vision is to one day ensure that all children from low-income areas have an equal chance to complete high school, pursue higher education, and fully utilize their talents and aspirations to become successful global citizens. Over the past 35 years, the foundation has gained significant insights. Initially, it recognized the importance of helping students gain college entry, but subsequently, it realized the necessity of innovative methods to motivate and encourage K-12 students as they prepare for college. In response, the foundation has developed two programs: a postsecondary support program and a college savings account (CSA) program, both designed to encourage investment in the success of these students.


Official website here: www.ihaveadreamfoundation.org

Who is the CEO of I Have A Dream Foundation?

Steven Shaw is the Treasurer of I Have A Dream Foundation. The CEO's salary of I Have A Dream Foundation is $0 and their total compensation is $0.


Official website here: www.ihaveadreamfoundation.org

What is the revenue of I Have A Dream Foundation?

I Have A Dream Foundation's revenue in 2022 was $3,475,384.


Official website here: www.ihaveadreamfoundation.org

Who are the executives of I Have A Dream Foundation and what are their salaries?

The average compensation at I Have A Dream Foundation during 2022 was $55,507. There are 32 employees at I Have A Dream Foundation.


Here are 27 key members and their salaries (I Have A Dream Foundation's CEO's salary is $0 and their total compensation is $0):


Eugena Oh (Director)
  • Compensation: $190,500
  • Related: $0
  • Other: $0
J Ronald Terwilliger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Fornasiero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Friedland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Ballard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory F Back (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew J Berg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janell Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lianne Friedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Eisenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rory Greiss (Legal Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey R Gural (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Llewellyn P Haden Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremiah Lucey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Mandel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Otis Hackney (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Selene Oh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danilo Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Saltzman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Shaw (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harlan Stone (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Trump (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Yang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fenton Joseph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mansi Mehan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Patch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Lang Suskin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ihaveadreamfoundation.org

Where can I find the form 990 for I Have A Dream Foundation?

I Have A Dream Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ihaveadreamfoundation.org

Learn more at the official website: www.ihaveadreamfoundation.org

Mission Statement of I Have A Dream Foundation

The I Have A Dream Foundation, in its mission, aims to broaden the educational prospects for children hailing from underprivileged communities. By empowering these young individuals, the organization ensures they can pursue higher education and secure a place in colleges. The foundation provides these children with guaranteed tuition assistance, equipping them with the necessary skills and knowledge to succeed in higher education.

Recognizing that merely getting students to college is not sufficient, the I Have A Dream Foundation has evolved its approach over the years. It emphasizes the importance of innovative methods to motivate and encourage students from the early stages of their educational journey, preparing them for college. In line with this, the foundation has developed two key programs: a postsecondary support program and a college savings account (CSA) Program. These initiatives encourage various stakeholders, including students, families, communities, and businesses, to invest directly in the success of the I Have A Dream Foundation's students, thereby enabling them to not only commence but complete their college education.

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Impact




October, 2024

The I Have A Dream Foundation has made a significant impact by enhancing educational opportunities for children in under-resourced communities. By empowering students—referred to as "dreamers"—the foundation helps them achieve higher education and become productive global citizens. Through guaranteed tuition support and essential skill development, the foundation guides these children from early elementary through high school, ensuring they graduate ready for postsecondary education.

With programs tailored to local needs, the foundation supports over 2,100 dreamers across the nation, collaborating with 17 affiliates to provide resources and best practices. This results in a concerted effort to prepare students not only for college admission but also for completion. The annual leadership development conference further encourages engagement and fosters a sense of community among students, enhancing their motivation and aspirations.

The foundation recognizes that college access is just the beginning; thus, initiatives like the postsecondary support program and college savings accounts are designed to foster investment in the dreamers' success. By equipping students and their families with tools and resources, the I Have A Dream Foundation significantly contributes to breaking the cycle of poverty, empowering the next generation through education, and promoting long-term economic stability in communities.




This information is meant to be a general summary of I Have A Dream Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,475,384 (2022)
Expenses
$3,609,766 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $99,818
  • Program Service Revenue: $40,315
  • Gross Receipts: $3,633,920

Assets and Liabilities:

  • Total Assets: $3,608,291
  • Total Liabilities: $405,199
  • Net Assets: $3,203,092

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Licensing Fees

Revenue

$40,290

Other Income

Revenue

$25

Organization Details

Founding Year

1986

Principal Officer

Steven Shaw

Main Address

322 Eighth Avenue 2nd Floor, New York, NY, 10001

NTEE Category

Code: I99Z - Crime

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