NonprofitsThe Microdreams Foundation Inc

International, Foreign Affairs & National Security

The Microdreams Foundation Inc

NEWARK, NJ

Total revenue

$387K

Total expenses

$227K

Net assets

$2.5M

Grants received

$20K

7 grants

EIN

542013523

Tax year

2024

Mission

The microdreams foundation provides direct investments, bilateral loans and loan guarantees to highly rated small microfinance institutions, ensuring funds continue to reach entrepeneurs in need throughout the developing world.

Financials

FY 2024

Revenue

Contributions & grants$224K
Program service revenue$162K
Investment income$1K
Other revenue
Total revenue$387K

Expenses

Grants paid
Salaries & benefits$150K
Fundraising$9K
Other expenses$77K
Total expenses$227K
Total assets$2.5M
Net assets$2.5M

People

7 listed

NameRoleCompensation

GREGORY CASAGRANDE

PRESIDENT

Board

2 hrs/wk

JAMES YOUNG

TRUSTEE

Board

1 hrs/wk

F CHAPMAN TAYLOR

TRUSTEE

Board

1 hrs/wk

MICHELLE KELLY

TRUSTEE

Board

1 hrs/wk

WILLIAM CISNEROS

TRUSTEE

Board

1 hrs/wk

KRISTEN CASTELL

TRUSTEE

Board

1 hrs/wk

POLLY KELEKIS

CEO

Board

30 hrs/wk

Independent contractors

TRANSFORMATIVE VENTURES LLC

MANAGEMENT/CONSULTING SERVICES

$150K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$3K
CHARITABLE CONTRIBUTION
2024
$3K
CHARITABLE CONTRIBUTION
2023
$3K
CHARITABLE CONTRIBUTION
2022
$500
CHARITABLE CONTRIBUTION
2021
$5K
GENERAL OPERATING SUPPORT
2020
$250
CHARITABLE CONTRIBUTION
2020

Funded by

$20K from 3 funders · 7 grants · 2020–2024

Loeb Family Foundation Inc

$9K · 5 grants · 2020–2024

Mightycause Charitable Foundation

$6K · 1 grant · 2020

Jpmorgan Chase Foundation

$5K · 1 grant · 2020

Details

EIN542013523
NTEE codeQ32
Subsection03
Ruling date2002-05
Formed2000
Employees0
Volunteers2
THE MICRODREAMS FOUNDATION INC — Mission, Financials & Grants Received | Grantivo