NonprofitsDream Big Foundation Inc

Community Improvement & Capacity Building

Dream Big Foundation Inc

CROWNSVILLE, MD

Total revenue

$1.3M

Total expenses

$1.6M

Net assets

$1.8M

Grants received

$1.2M

21 grants

EIN

823026540

Tax year

2023

Mission

To strengthen the performance of community-based nonprofits and effectively integrate them to achieve life changing results for children and youth living in underserved baltimore neighborhoods.

Financials

FY 2023

Revenue

Contributions & grants$1.0M
Program service revenue
Investment income$258K
Other revenue$3K
Total revenue$1.3M

Expenses

Grants paid
Salaries & benefits$457K
Fundraising$83K
Other expenses$1.2M
Total expenses$1.6M
Total assets$1.9M
Net assets$1.8M

People

7 listed

NameRoleCompensation

STEPHEN W SHAW

BOARD MEMBER

Board

10 hrs/wk

SEAN F MURPHY SR

FOUNDER/BOAR

Board

10 hrs/wk

MICHELLE BECOTE-JACKSON

BOARD MEMBER

Board

10 hrs/wk

DOUG AUSTIN

BOARD MEMBER

Board

10 hrs/wk

RICKY LEVINE

VICE CHAIRMA

Board

10 hrs/wk

VERONICA NOLAN

PARTNER

Staff

$207K

40 hrs/wk

STEPHANIE J AMPONSAH

PARTNER

Staff

$177K

40 hrs/wk

Grants received

Showing 21 of 21

FromAmountPurposeYear
$150K
GENERAL SUPPORT
2024
$101K
For grant recipient's exempt purposes
2023
$50K
GENERAL NEED
2023
$30K
GENERAL OPERATING
2023
$20
PROGRAM/OPERATING SUPPORT
2023
$250K
GENERAL OPERATIONS
2022
$250K
TO SUPPORT THE PURPOSE BUILT COMMUNITIES MODEL IN CHERRY HILL THROUGH THE CHERRY HILL INITIATIVE, WHICH AIMS TO TRANSFORM AND REVITALIZE THE NEIGHBORHOOD THROUGH COORDINATED INVESTMENTS IN EDUCATION, HOUSING, AND HEALTH.
2022
$50K
SUPPORTING GRANT
2022
$20K
GENERAL SUPPORT AND VARIOUS PROJECTS
2022
$15K
GENERAL NEED
2022
$375
PROGRAM/OPERATING SUPPORT
2022
$50K
For grant recipient's exempt purposes
2021
$50K
For grant recipient's exempt purposes
2021
$30K
HUMAN SERVICES
2021
$10K
GENERAL SUPPORT
2021
$25K
HUMAN SERVICES
2020
$25K
HUMAN SERVICES
2019

Funded by

$1.2M from 13 funders · 21 grants · 2019–2024

The Harry And Jeanette Weinberg

$250K · 1 grant · 2022

Sherman Family Foundation

$250K · 1 grant · 2022

Fidelity Investments Charitable Gift Fund

$201K · 3 grants · 2021–2023

Richman Family Foundation Inc

$150K · 1 grant · 2024

National Philanthropic Trust

$105K · 4 grants · 2019–2023

Blanket Fort Foundation

$65K · 2 grants · 2022–2023

The Bank of America Charitable Foundation Inc

$50K · 3 grants · 2020–2023

The Morris Goldseker Foundation

$50K · 1 grant · 2022

Details

EIN823026540
NTEE codeS12
Subsection03
Ruling date2018-05
Formed2017
Employees2
Volunteers5
DREAM BIG FOUNDATION INC — Mission, Financials & Grants Received | Grantivo