Totals
- Total revenue
- $4,231,942
- Total expenses
- $5,004,456
- Contributions and grants received
- $4,336,416
- Grants paid
- $461,711
- Program service revenue
- $39,317
- Investment income
- $30,966
- Other revenue
- -$174,757
- Total assets, end of year
- $3,361,156
- Total liabilities, end of year
- $913,937
- Net assets or fund balances, end of year
- $2,447,219
- Program services expenses (Part IX)
- $3,913,010
- Management and general expenses
- $878,581
- Fundraising expenses
- $212,865
- Program service expenses (Part III)
- $3,913,010
Program services were 78.2% 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.
-
1c · Fundraising events
$542,828
-
1e · Government grants (contributions)
$530,596
-
1f · All other contributions, gifts and grants
$3,262,992
-
2a · Program service revenue: Licensing Fees
total $36,084 · related or exempt $36,084
-
2b · Program service revenue: Other Income
total $33 · related or exempt $33
-
2c · Program service revenue: Staff Conference fee
total $3,200 · related or exempt $3,200
-
3 · Investment income
total $57,405 · related or exempt $57,405
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7b · Less cost or other basis and sales expenses
securities $26,439
-
7c · Gain or loss
securities -$26,439
-
7d · Net gain or loss
total -$26,439 · related or exempt -$26,439
-
8a · Fundraising events: contributions included on line 1c
$542,828
-
8b · Fundraising events: direct expenses
$174,757
-
8c · Net income from fundraising events
total -$174,757 · excluded -$174,757
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $461,711 · program services $461,711
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $215,537 · program services $127,167 · management and general $38,797 · fundraising $49,573
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $2,192,781 · program services $1,932,215 · management and general $187,679 · fundraising $72,887
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $522,376 · program services $376,698 · management and general $122,965 · fundraising $22,713
-
10 · Payroll taxes
total $181,741 · program services $131,058 · management and general $42,781 · fundraising $7,902
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $341,557 · program services $88,951 · management and general $229,325 · fundraising $23,281
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $104,871 · program services $83,966 · management and general $19,834 · fundraising $1,071
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $190,503 · program services $112,998 · management and general $71,122 · fundraising $6,383
-
17 · Travel
total $223,941 · program services $185,363 · management and general $31,796 · fundraising $6,782
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $6,607 · program services $5,021 · management and general $529 · fundraising $1,057
-
23 · Insurance
total $0
-
24a · Other expenses: Post Secondary Support
total $144,384 · program services $144,384
-
24b · Other expenses: Dreamer Support
total $131,535 · program services $131,535
-
24c · Other expenses: FEES
total $82,325 · program services $2,406 · management and general $62,776 · fundraising $17,143
-
24d · Other expenses: Staff Development
total $77,112 · program services $45,745 · management and general $28,961 · fundraising $2,406
-
24e · All other expenses
total $127,475 · program services $83,792 · management and general $42,016 · fundraising $1,667
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $155,039 · end of year $108,543
-
2 · Savings and temporary cash investments
beginning of year $74,887 · end of year $79,372
-
3 · Pledges and grants receivable
beginning of year $443,580 · end of year $381,333
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $44,291 · end of year $58,183
-
10a · Land, buildings and equipment: cost or other basis
$230,226
-
10b · Land, buildings and equipment: accumulated depreciation
$211,182
-
10c · Land, buildings and equipment, net
beginning of year $13,418 · end of year $19,044
-
11 · Investments: publicly traded securities
beginning of year $2,717,599 · end of year $2,714,681
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $9,576 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $476,367 · end of year $817,401
-
25 · Other liabilities
beginning of year $74,887 · end of year $96,536
-
27 · Net assets without donor restrictions
beginning of year $301,432 · end of year -$144,166
-
28 · Net assets with donor restrictions
beginning of year $2,605,704 · end of year $2,591,385
Mission and programs · 2023
Mission
The "I have a dream" foundation (IHDF) expands educational opportunities for children living in under-resourced communities by empowering them to achieve higher education and providing them with guaranteed tuition support and equipping them with the skills and knowledge they need to gain entry to and succeed in college and beyond. We have learned a tremendous amout over the last 43 years. First, getting our students to college is critical but not enough. Second, we must embrace innovative ways of motivating and encouraging K-12 Dreamers as they prepare for College.Building on these insights, we have developed the following programs: (1) A postsecondary support program; and (2) a college savings account (CSA) Program. Both Programs are designed to encourage Dreamers, Families, communities and businesses to invest Directly into the success of our dreamers so that our students are equipped to not only start but complete college.
Activities or mission (Part I)
The "I have a dream" foundation (IHDF) expands educational opportunities for children living in under-resourced communities by empowering them to achieve higher education and providing them with guaranteed tuition support and equipping them with the skills and knowledge needed to gain entry to and succeed in college and beyond. Our vision is that one day, all children from low-income communities will have an equal opportunity to complete high school, achieve postsecondary education, and fully capitalize on their talents and aspirations to become productive global citizens. We sponsor cohorts of students in under-resourced public schools or housing developments, and work with these "dreamers" from early elementary school all the way through high school. Upon high school graduation, each dreamer receives guaranteed tuition assistance for higher education. While each "I have a dream" program is localized to meet the specific needs of its dreamers, all of our programs share common elements
-
Dreamer Scholar & Affiliate Chapter Support - The "I Have A Dream" Foundation provides guidance, resources, and technical assistance to "I Have A Dream" Foundation Affiliates and Chapters across the globe, with the goal of ensuring that our 2,291 students, called "Dreamer Scholars", graduate from high school prepared to enroll in and complete a postsecondary education. National staff work with Affiliates and Chapters to provide best practices, learning exchanges, and national professional development convenings, as well as more targeted program support through site visits, phone consultations, and other technical assistance. In addition, the national headquarters develops partnerships to provide resources to our Dreamer Scholars across the Network. The Foundation hosts an annual leadership development conference for Affiliate and Chapter staff. Each year we hold a summer immersion program (Dream University Prep) for middle and high school Dreamer Scholars from across the United States at a college campus.
Expenses $3,913,010 · Grants $461,711
-
Program Strategy & Design - The "I Have A Dream" Foundation increases the organization's impact by constantly evaluating and improving our efforts to support current Affiliates and Chapters. The Foundation conducts annual surveys to evaluate current program offerings across the Network and provides resources to address areas that need improvement. The Foundation has implemented a college savings account (CSA) program at several Affiliates, with the goal of rolling out the program across the broader network. Using a cohort model, each Dreamer Scholar journey stretches over more than a decade of wrap-around programming. Throughout, we maintain a holistic approach that centers Dreamer Scholars overall well-being and anticipates developing needs and areas of focus as they reach new milestones. This ensures that the youth in our cohorts receive the broad-based, consistent support they need over time to develop into healthy, productive adults. Affiliate and Chapter staff stay closely connected with students throughout their schooling and beyond, offering a trusted and guiding presence. Six core pillars guide our year-round programming:Academic Enrichment & Support: Dreamer Scholars receive general and targeted academic support to excel from kindergarten through college.Socio-Emotional Learning & Life Skills: Our programs are designed to help students develop healthy identities, achieve goals, show empathy for others, establish and maintain relationships, and make responsible, healthy decisions.Family Partnership & Engagement: We work with families to include them in the process so we can work as partners in helping their students thrive.Post-Secondary Preparation and Work Readiness: Dreamer Scholars engage with staff and community partners to chart a path to reach their postsecondary and career aspirations and gain workplace readiness skills through career workshops, job tours and paid internships. IHDF also provides a guaranteed post-secondary scholarship. Mentoring & Support Networks: Dreamer Scholars are matched with long-term, reliable, supportive, and caring adults who provide individualized guidance and connection and serve as positive role models.Leadership & Civic Engagement: We promote community engagement and civic leadership, instilling Dreamer Scholars with the sense of belonging and responsibility that comes from being part of a larger community.
-
Data & Performance Management - The "I Have A Dream" Foundation continues to build out a central repository of current and historical performance data across the IHDF network in order to measure the organization's collective impact, drive continuous improvement efforts and resource allocation, and strengthen performance accountability.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Otis Hackney
President & CEO
- Total calculated
- $264,580
- From this org
- $215,537
- From related orgs
- $0
- Other
- $49,043
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $215,537
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $49,043 related
- Filer's total
- $215,537 + $49,043 related
-
LORI CANOVA
INTERIM CEO
- Total calculated
- $207,362
- From this org
- $184,202
- From related orgs
- $0
- Other
- $23,160
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $184,202
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $23,160 related
- Filer's total
- $184,202 + $23,160 related
-
NADIRA SAUNDERS
CHIEF OPERATING OFFICER
- Total calculated
- $197,840
- From this org
- $148,797
- From related orgs
- $0
- Other
- $49,043
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $148,797
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $49,043 related
- Filer's total
- $148,797 + $49,043 related
-
RICHARD RIVERA
CHIEF PROGRAM OFFICER
- Total calculated
- $161,217
- From this org
- $159,021
- From related orgs
- $0
- Other
- $2,196
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $159,021
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $2,196 related
- Filer's total
- $159,021 + $2,196 related
-
DANNY MORRIS
Director of National Programs
- Total calculated
- $137,274
- From this org
- $115,466
- From related orgs
- $0
- Other
- $21,808
- Hours/week
- 0
-
Ronald Terwilliger
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mark Fornasiero
Director
- Total calculated
- $0
- Hours/week
- 2
-
Lianne Friedland
Director
- Total calculated
- $0
- Hours/week
- 2
-
Vince Ballard
Director
- Total calculated
- $0
- Hours/week
- 2
-
Gregory F Back
Director
- Total calculated
- $0
- Hours/week
- 2
-
Andrew J Berg
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Mariama Grimes
Director
- Total calculated
- $0
- Hours/week
- 2
-
Steven Shaw
Director
- Total calculated
- $0
- Hours/week
- 2
-
Warren Eisenberg
Director
- Total calculated
- $0
- Hours/week
- 2
-
Rory Greiss
Secretary
- Total calculated
- $0
- Hours/week
- 10
-
Jeffrey R Gural
Director
- Total calculated
- $0
- Hours/week
- 2
-
A William Stein
Director
- Total calculated
- $0
- Hours/week
- 2
-
Llewellyn P Haden Jr
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jeremiah Lucey
Director
- Total calculated
- $0
- Hours/week
- 2
-
Barry Mandel
Director
- Total calculated
- $0
- Hours/week
- 2
-
Fenton Joseph
Director
- Total calculated
- $0
- Hours/week
- 2
-
Danilo Rodriguez
Director
- Total calculated
- $0
- Hours/week
- 2
-
Richard Saltzman
Chairman
- Total calculated
- $0
- Hours/week
- 10
-
Eugena Oh
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Harlan Stone
Vice Chair
- Total calculated
- $0
- Hours/week
- 5
-
Stephanie Trump
Director
- Total calculated
- $0
- Hours/week
- 2
-
S Steven Yang MD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jonas Severe
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mansi Mehan
Director
- Total calculated
- $0
- Hours/week
- 2
-
Peter Patch
Director
- Total calculated
- $0
- Hours/week
- 2
-
Helen Lang Suskin
Director
- Total calculated
- $0
- Hours/week
- 2
-
Michael Barrett
Director
- Total calculated
- $0
- Hours/week
- 2
-
Selene Oh
Director
- Total calculated
- $0
- Hours/week
- 2
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$152,500
Inspire the Dream
-
$75,000
Great Expectations
-
$67,080
Great Expectations
-
$60,679
Great Expectations
-
$58,573
Great Expectations
-
$38,865
Great Expectations
-
$9,014
Great Expectations
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 July 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531889349300038
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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