Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The New American Dream Foundation Inc is a nonprofit organization dedicated to providing scholarships and financial incentives for students and local nonprofit organizations that uphold core American values of equal opportunities, particularly in education and health. With an operating budget of $207,000 and total revenue of $242.5 million for the 2024 filing year, the foundation is supported by multiple funders, none of which contribute 50% or more of its revenue. More information can be found on their website, tribunaamericandreamawards.com.

Mission Statement

TO PROVIDE SCHOLARSHIPS AND FINANCIAL INCENTIVES FOR STUDENTS,AND LOCAL NON PROFIT ORGANIZATIONS THAT SHARE IN THE CORE AMERICAN VALUES OF EQUAL OPPORTUNITIES THAT ENHANCE ACCESS TO EDUCATION, HEALTH
Revenues
$242.5K
Expenses
$207K
Net Income:
+$35.4K
Assets
$199.9K
Liabilities
$3.9K
Net Assets:
+$196K
Operating Budget
$207K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$11.3K
Largest grant received
$20K
E
Emanuela Palmares
Board Member
G
Genilson Palmares
Board Member
C
Celia Bacelar Palmares
Board Member

Frequently Asked Questions

What is THE NEW AMERICAN DREAM FOUNDATION INC’s budget?
In 2024, THE NEW AMERICAN DREAM FOUNDATION INC reported an annual operating budget of around $207 thousand. More detailed financial information is available to registered users.
What causes does THE NEW AMERICAN DREAM FOUNDATION INC support?
THE NEW AMERICAN DREAM FOUNDATION INC supports work in Education, Health, Web-based media, and Philanthropy.
Where does THE NEW AMERICAN DREAM FOUNDATION INC operate?
THE NEW AMERICAN DREAM FOUNDATION INC is headquartered in Danbury, CT.
Who funded THE NEW AMERICAN DREAM FOUNDATION INC recently?
In 2025, THE NEW AMERICAN DREAM FOUNDATION INC received grants from NEWTOWN SAVINGS BANK FOUNDATION INC C/O NEWTOWN SAVINGS BANK, RobyDodd Family Charitable Foundation Inc, and CONNECTICUT HEALTH FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE NEW AMERICAN DREAM FOUNDATION INC received in 2024?
The largest grant to THE NEW AMERICAN DREAM FOUNDATION INC in 2024 exceeds $20 thousand.