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Dream On Foundation

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

EIN: 263073843 ✦ Chagrin falls, OH ✦ Designated as a 501(c)(3)

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Overview

What is Dream On Foundation?

The Dream On Foundation, based in Chagrin Falls, Ohio, is a nonprofit organization dedicated to helping children from disadvantaged backgrounds achieve their goal of higher education. By providing financial support for expenses such as tuition, room and board, books, and transportation, the foundation enables these students to pursue their post-secondary programs. The organization also offers resources and counseling to build self-esteem and expose them to new opportunities beyond their challenging urban environment. Through various training materials and guidance, Dream On Foundation aims to empower parents to support their children in achieving academic success.

Is Dream On Foundation legitimate?

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

For more financial information, click here

What is the mission statement of Dream On Foundation?

The Dream On Foundation's mission is centered around supporting a group of students who began first grade in 2008 at Hanna Gibbons Elementary, a school in a disadvantaged area. The primary objective is to ensure these students, known as Dream On Kids, graduate from high school in 2020 and provide financial assistance for their post-secondary programs, leading to employment. The foundation covers various expenses such as tuition, room and board, books, and transportation, among others, to help these students achieve their ultimate goal of graduating from college. The program also offers activities and counseling to build self-esteem and expose them to opportunities beyond their surroundings. Guidance materials are provided to parents to assist their children in achieving success.

Who is the CEO of Dream On Foundation?

Mim Conway is the Director of Dream On Foundation.

What is the revenue of Dream On Foundation?

Dream On Foundation's revenue in 2022 was -$27,766.

Who are the executives of Dream On Foundation and what are their salaries?


Here are 11 key members and their salaries:


Gretchen Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Cunningham Doggett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Lavine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Fistek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Woods (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Hawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Hyland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Sheridan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gib Gibbons (Director Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mim Conway (Executive Director Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Gibbons (Director President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dream On Foundation?

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

Mission Statement of Dream On Foundation

Dream On Foundation, an organization dedicated to assisting a specific group of students who started first grade at Hanna Gibbons Elementary, a school in a disadvantaged area, aims to help these students achieve their goal of graduating from high school in 2020 and financially supporting them in post-secondary programs leading to employment. The foundation's mission is multifaceted, encompassing both financial and emotional support.

Financially, Dream On Foundation provides the necessary expenses for the students to complete their higher education. These expenses include tuition, room and board, books, school supplies, program fees, transportation, uniforms, computer supplies, Wi-Fi for remote learning, and food. Beyond the financial aspect, the foundation offers planned activities and counseling to the students. These activities are designed to build their self-esteem and introduce them to a world outside their immediate environment, often characterized by challenging circumstances.

In addition to financial aid, Dream On Foundation provides training materials and various resource materials to guide and inform parents. This support is crucial in helping parents assist their children participating in the program to achieve success. The foundation's mission is not just about providing financial aid but also about empowering these students and their families, equipping them with the tools and resources needed to overcome the challenges of their disadvantaged backgrounds and achieve academic and professional success.

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Impact




October, 2024

The Dream On Foundation has made a significant impact on the lives of participating students, known as the Dream On Kids, by providing essential support throughout their academic journey. Starting from their first-grade year in 2008 at Hanna Gibbons Elementary, an inner-city school in a disadvantaged area, the foundation aimed to ensure these students graduated from high school in 2020 and smoothly transitioned into post-secondary programs.

By covering a wide range of expenses necessary for their education, including tuition, room and board, transportation, and school supplies, the foundation has alleviated financial burdens that often hinder academic achievement in low-income communities. Additionally, the support extends beyond financial assistance; the foundation offers planned activities and counseling to enhance self-esteem and broaden the students' perspectives, highlighting opportunities available outside their immediate environment.

Furthermore, it equips parents with training and resources to better support their children's educational endeavors. This holistic approach not only encourages the Dream On Kids to pursue higher education but also fosters a supportive community that promotes their overall well-being and success. Through its initiatives, the Dream On Foundation is effectively transforming the lives of these students, preparing them for future employment and empowering them to reach their dreams.




This information is meant to be a general summary of Dream On 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
-$27,766 (2022)
Expenses
$107,153 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$28,766
  • Gross Receipts: $472,177

Assets and Liabilities:

  • Total Assets: $778,057
  • Total Liabilities: $0
  • Net Assets: $778,057

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Organization Details

Founding Year

2008

Principal Officer

Mim Conway

Main Address

430 SOLON ROAD, CHAGRIN FALLS, OH, 44022

NTEE Category

Code: B82 - Education

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