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Nonprofiteer
← HANK AARON CHASING THE DREAM FOUNDATION INC

Form 990 for tax year 2024

Filed by HANK AARON CHASING THE DREAM FOUNDATION INC.

Totals

Total revenue
$622,418
Total expenses
$1,773,618
Contributions and grants received
$599,465
Grants paid
$1,763,271
Program service revenue
$0
Investment income
$22,953
Other revenue
$0
Total assets, end of year
$4,070,555
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$4,070,555
Program services expenses (Part IX)
$1,763,271
Management and general expenses
$10,347
Fundraising expenses
$0
Program service expenses (Part III)
$1,763,271

Program services were 99.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $599,465

  • 1g · Noncash contributions included above

    $10,000

  • 3 · Investment income

    total $22,953 · excluded $22,953

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,763,271 · program services $1,763,271

  • 11g · Fees: other

    total $10,347 · management and general $10,347

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $116,108 · end of year $389,023

  • 2 · Savings and temporary cash investments

    beginning of year $1,278,245 · end of year $0

  • 13 · Investments: program-related

    beginning of year $3,499,855 · end of year $3,681,532

  • 27 · Net assets without donor restrictions

    beginning of year $1,394,353 · end of year $389,023

  • 28 · Net assets with donor restrictions

    beginning of year $3,499,855 · end of year $3,681,532

Mission and programs · 2024

Mission

TO PROMOTE YOUTH DEVELOPMENT BY PROVIDING FUNDING TO PROGRAMS THAT SUPPORT THE ACHIEVEMENTS OF YOUTH WITH LIMITED OPPORTUNITIES AND TO ENABLE THEM TO DEVELOP THEIR TALENTS AND PURSUE THEIR DREAMS.

Activities or mission (Part I)

PROVIDE FINANCIAL ASSISTANCE TO UNDERPRIVILEGED CHILDREN

  • 4 FOR 4 PROGRAM - PROVIDE ENDOWMENT FOR FOUR-YEAR PARTIAL TUITION SCHOLARSHIPS TO SUPPLEMENT LOANS, GRANTS AND OTHER SCHOLARSHIPS NEEDED TO HELP ELIGIBLE STUDENTS SATISFY THEIR FINANCIAL OBLIGATIONS WHILE PURSUING THEIR DREAMS BY ATTENDING COLLEGE. THE END GOAL IS TO CREATE PERPETUAL SCHOLARSHIPS AT A NUMBER OF COLLEGES AND UNIVERSITIES TO ASSIST DREAM CHASERS REALIZE GOALS THEY MIGHT NOT OTHERWISE ACHIEVE.

    Expenses $1,763,271 · Grants $1,763,271

As filed on the 2024 return.

Listed in Part VII

  • Billye Aaron

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Allan J Tanenbaum

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Frank Belatti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Brody

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John W Daniels Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Evern Cooper Epps

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cecelia Gore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William H Henneberry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Plas T James

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lonnie G Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Roxanne Spillett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mike Tollin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kenneth I Tuchman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
3 June 2025
IRS schema version
2024v5.1
Source object
202521679349300817

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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