Overview
What is Abnb Dream Foundation?
The Abnb Dream Foundation is a nonprofit organization that organizes annual golf tournaments to raise funds. These funds are then disbursed to various IRC$501c3 organizations in subsequent months. As of the provided information, the organization distributed funds to 10 such organizations in June 2023, following a tournament in October 2022. Previously, in July 2022, the foundation also distributed funds to seven IRC$501c3 organizations following a tournament held in October 2021. The Abnb Dream Foundation's mission is to make grants to these qualified charitable organizations.
Is Abnb Dream Foundation legitimate?
Abnb Dream Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abnb Dream Foundation submitted a form 990EZ, 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.
What is the mission statement of Abnb Dream Foundation?
The ABNB Dream Foundation primarily focuses on charitable giving, disbursing funds raised from its annual golf tournaments to various IRC $501(c)(3) organizations. In 2022, funds were distributed to ten such organizations, while in 2021, seven beneficiaries received their share. The foundation's activities primarily involve providing grants to these charitable entities. While the mission statement is not explicitly stated in the provided information, it can be inferred that the ABNB Dream Foundation's mission is to support and contribute to the causes and initiatives of these charitable organizations.
Who is the CEO of Abnb Dream Foundation?
Marvin Brangan is the President of Abnb Dream Foundation.
What is the revenue of Abnb Dream Foundation?
Abnb Dream Foundation's revenue in 2022 was $140,574.
Who are the executives of Abnb Dream Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990EZ for Abnb Dream Foundation?
Abnb Dream Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Abnb Dream Foundation
The ABNB Dream Foundation is an organization that raises funds through golf tournaments. The proceeds from these events are then disbursed to various IRC$501c3 entities, which are nonprofit organizations themselves. In October 2022, the foundation organized a golf tournament, the funds from which were distributed to ten such organizations in June 2023. Previously, in October 2021, the foundation had conducted another golf tournament, the funds from which were distributed to seven IRC$501c3 entities in July 2022. The ABNB Dream Foundation's primary activity involves making grants to these nonprofit organizations.
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Impact
October, 2024
The ABNB Dream Foundation has made significant contributions to various charitable organizations through its fundraising efforts. By organizing golf tournaments in October 2021 and October 2022, the foundation has successfully raised funds that were disbursed to multiple IRC 501(c)(3) organizations. In 2022, proceeds supported seven organizations, and in 2023, ten organizations benefitted from the funds raised.
One of the notable beneficiaries includes the Children’s Hospital of the King's Daughters, showcasing the foundation's commitment to supporting health and education initiatives. Through these grants, the ABNB Dream Foundation impacts the community by enhancing the resources available to these organizations, ultimately supporting their missions and improving the lives of those they serve. By focusing on philanthropy and education, the foundation plays an active role in fostering positive change in the Chesapeake, VA area and beyond.
This information is meant to be a general summary of Abnb 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33
- Gross Receipts: $140,574
Assets and Liabilities:
- Total Assets: $102,697
- Total Liabilities: $0
- Net Assets: $102,697
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Organization Details
Principal Officer
Marvin Brangan
Main Address
830 GREENBRIER CIR, CHESAPEAKE, VA, 233202624
NTEE Category
Code: B82 - Education
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