NonprofitsAchievable Dream Endowment Inc

Public Foundations

Achievable Dream Endowment Inc

NEWPORT NEWS, VA

Total revenue

$1.2M

Total expenses

$2.4M

Net assets

$29.7M

Grants received

$457K

11 grants

EIN

261392573

Tax year

2023

Mission

Develops sustainable long-term funding to support the social, academic, and moral needs of current and future generations of students with social risk factors, affording emphasis to An Achievable Dream and organizations who serve a similar population.

Financials

FY 2023

Revenue

Contributions & grants$419K
Program service revenue
Investment income$769K
Other revenue
Total revenue$1.2M

Expenses

Grants paid$1.7M
Salaries & benefits$430K
Fundraising$59K
Other expenses$253K
Total expenses$2.4M
Total assets$31.1M
Net assets$29.7M

People

11 listed

NameRoleCompensation

ED David

Secretary/Treasurer

Board

1 hrs/wk

Anne Conner

Director

Board

1 hrs/wk

Tim Dykstra

Chair

Board

1 hrs/wk

William Ermatinger

Director

Board

1 hrs/wk

Marvin Friedberg

Vice Chairman

Board

1 hrs/wk

Gordon Gentry

Director

Board

1 hrs/wk

Aubrey L Layne Jr

Director

Board

1 hrs/wk

Steve Roberts

Director

Board

1 hrs/wk

Bill Downey

Director

Board

1 hrs/wk

Lee Vreeland

CEO

Board

2 hrs/wk

Amanda Rose

CFO

Board

2 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$50K
PUBLIC, SOCIETAL BENEFIT
2023
$25K
SUPPORT OF OPERATIONS
2023
$50K
PUBLIC, SOCIETAL BENEFIT
2022
$25K
For grant recipient's exempt purposes
2022
$25K
SUPPORT OF OPERATIONS
2022
$17K
PUBLIC, SOCIETAL BENEFIT
2022
$50K
PUBLIC, SOCIETAL BENEFIT
2021
$25K
SUPPORT OF OPERATIONS
2021
$150K
MATCHING DONATION TO THE ENDOWMENT WHICH SUPPORTS ALL ACHIEVABLE DREAM ORGANIZATIONS.
2020
$20K
For grant recipient's exempt purposes
2019
$20K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$457K from 5 funders · 11 grants · 2017–2023

Donor Advised Charitable Giving Inc

$150K · 3 grants · 2021–2023

United Jewish Community Of The Virginia

$75K · 3 grants · 2021–2023

Fidelity Investments Charitable Gift Fund

$65K · 3 grants · 2017–2022

National Philanthropic Trust

$17K · 1 grant · 2022

Details

EIN261392573
NTEE codeT30
Subsection03
Ruling date2008-05
Formed2007
Employees0
Volunteers9
ACHIEVABLE DREAM ENDOWMENT INC — Mission, Financials & Grants Received | Grantivo