Colleens Dream Foundation
- Assets
- $218.2k
- Revenue
- $26.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 45-5323829
Organization Overview
Colleens Dream Foundation is located in Phoenix, AZ. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colleens Dream Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Colleens Dream Foundation generated $26.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.3%) each year. All expenses for the organization totaled $31.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Colleens Dream Foundation has awarded 32 individual grants totaling $1,069,334. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION IS DEDICATED TO FUNDING INVESTIGATIONAL SCIENTIFIC RESEARCH WITH THE PRIMARY GOAL OF DEVELOPING AN ACCURATE EARLY DETECTION TEST FOR OVARIAN CANCER, NO TEST CURRENTLY EXISTS. SEE SCH O FOR MORE DETAILS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEENS DREAM FOUNDATION FUNDS OVARIAN CANCER RESEARCH WITH THE PRIMARY GOAL OF DEVELOPING AN ACCURATE AND ACCESSIBLE EARLY DETECTION TEST. WE STARTED A COMFORT CARE PACKAGE PROGRAM AND DISTRIBUTED TO CANCER CENTERS AROUND THE COUNTRY. COLLEENS DREAM ALSO RECOGNIZES THE IMPORTANCE OF CREATING AWARENESS CAMPAIGNS AND EDUCATING THE PUBLIC ON THE SIGNS SYMPTOMS OF OVARIAN CANCER IN THE EFFORT TO HELP MORE WOMEN GET DIAGNOSED IN EARLIER STAGES WHEN THE DISEASE IS MOST TREATABLE. WHILE INCREASING AWARENESS OF OVARIAN CANCER, THIS YEAR WE WERE ABLE TO GRANT 5,000 TOWARD OVARIAN CANCER RESEARCH. WE ALSO PROVIDED EDUCATIONAL SERVICES TO THE PUBLIC AND ENGAGED IN EFFORTS TO INCREASE FEDERAL CANCER RESEARCH FUNDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Cundiff President/ceo, Director | OfficerTrustee | 30 | $0 |
William Cundiff Secretary/treasurer, Director | OfficerTrustee | 20 | $0 |
Erica Anderson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $44 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,805 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,849 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,851 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,571 |
| Fees for services: Accounting | $4,604 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,495 |
| Advertising and promotion | $7,441 |
| Office expenses | $4,467 |
| Information technology | $2,909 |
| Royalties | $0 |
| Occupancy | $1,013 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $869 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,525 |
| All other expenses | $0 |
| Total functional expenses | $31,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,246 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $218,246 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $218,246 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $218,246 |
Grants Awarded
Over the last fiscal year, Colleens Dream Foundation has awarded $277,834 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TGEN FOUNDATION PURPOSE: Research Grant - Clinical Trial | $225,000 |
OTHERS UNDER 5K PURPOSE: Research Grant - Clinical Trial | $2,834 |
MASS GENERAL HOSPITAL PURPOSE: Ovarian Cancer Research Grant | $50,000 |