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Fulfilling A Dream Fund Inc

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

EIN: 134009565 ✦ Mount vernon, NY ✦ Designated as a 501(c)(3)

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Overview

What is Fulfilling A Dream Fund Inc?

Fulfilling A Dream Fund Inc is a nonprofit organization situated in Mount Vernon, New York. Their primary focus is on supporting educational, scientific, and charitable purposes by donating funds to eligible organizations. To further its mission, the organization hosts an annual golf outing and dinner event, serving two main objectives. Firstly, they present a grant for higher educational purposes to a deserving high school student who meets the criteria set by their board of directors. Secondly, they contribute a portion of the funds raised at this event to a charity, which is recognized as a 501(c)(3) organization.

Is Fulfilling A Dream Fund Inc legitimate?

Fulfilling A Dream Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fulfilling A Dream Fund Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Fulfilling A Dream Fund Inc?

Fulfilling A Dream Fund Inc's mission is centered around two primary objectives. Firstly, the organization hosts an annual golf outing and dinner to raise funds. This annual event serves a dual purpose. One part of the funds raised is used to award a grant for higher educational purposes to a deserving high school student who meets the criteria set by the board of directors. The second part of the funds is donated to a selected charity that qualifies under Section 501(C)(3). This charity also benefits from the event's proceeds. In essence, Fulfilling A Dream Fund Inc aims to support the higher education of deserving students and contribute to the causes of approved charitable organizations.

Who is the CEO of Fulfilling A Dream Fund Inc?

Gerry Ryan is the President of Fulfilling A Dream Fund Inc.

What is the revenue of Fulfilling A Dream Fund Inc?

Fulfilling A Dream Fund Inc's revenue in 2022 was $165,020.

Who are the executives of Fulfilling A Dream Fund Inc and what are their salaries?

There 12 volunteers at Fulfilling A Dream Fund Inc.


Here are 3 key members and their salaries:


Gerry Ryan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ryan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Shevlin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fulfilling A Dream Fund Inc?

Fulfilling A Dream Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fulfilling A Dream Fund Inc

Fulfilling A Dream Fund Inc, a nonprofit organization, carries out an annual golf outing and dinner event with a dual purpose. Primarily, the fund aims to grant financial aid for higher educational pursuits to a deserving high school student who meets the criteria set by their board of directors. Secondly, a portion of the proceeds generated from this event is donated to a charity, which is recognized under Section 501(C)(3). This philanthropic organization's mission is to support the educational aspirations of young individuals and contribute to the causes of other qualified charities.

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Impact




October, 2024

Fulfilling A Dream Fund Inc significantly impacts the community by providing crucial financial support for higher education and philanthropic initiatives. Through its annual golf outing and dinner, the fund raises money to grant scholarships to deserving high school students who meet established criteria, enabling them to pursue their educational goals. In addition to these scholarships, the fund also allocates resources to selected charities focused on education, science, and charitable causes, thereby addressing various community needs and enhancing educational opportunities. By funding scholarships directly to institutions like Manhattan College, Fulfilling A Dream Fund Inc helps bridge the financial gap for students, empowering them to achieve their academic aspirations and contribute positively to society.




This information is meant to be a general summary of Fulfilling A Dream Fund Inc. 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
$165,020 (2022)
Expenses
$157,750 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $299,595

Assets and Liabilities:

  • Total Assets: $35,789
  • Total Liabilities: $0
  • Net Assets: $35,789

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Organization Details

Founding Year

1998

Principal Officer

Gerry Ryan

Main Address

506 SOUTH NINTH AVENUE, MOUNT VERNON, NY, 10550

NTEE Category

Code: B82 - Education

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