Building Dreams Foundation Inc
- Assets
- $245.5k
- Revenue
- $33.9k
- Investments
- $220.9k
- Employees
- 0
- Location
- Scarsdale, NY
- Founding
- 01/2016
- Data as of
- 12/2023
- EIN
- 46-2303431
Organization Overview
Building Dreams Foundation Inc is located in Scarsdale, NY. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Building Dreams Foundation Inc 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 12/2023, Building Dreams Foundation Inc generated $33.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $58.4k during the year ending 12/2023. While expenses have increased by 9.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Building Dreams Foundation Inc has awarded 96 individual grants totaling $262,569. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF MEDICAL RESEARCH, SUPPORT AND CARE FOR INDIVIDUALS SUFFERING FROM DISEASES AND INFECTIONS.
SUPPORT OF RELIGIOUS INSTITUTIONS IN LOCAL COMMUNITY AND ARCHDIOCESE FOR CAPITAL PROJECTS AND RELIGIOUS PROGRAMS.
SUPPORT OF EDUCATIONAL INSTITUTIONS AND MUSEUMS FOR THE BETTERMENT OF STUDENTS.
SUPPORT OF LOCAL ATHLETIC ORGANIZATIONS FOR THE BETTERMENT OF YOUTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ingriselli President | 2 | $0 | |
Frank C Ingriselli Jr Vice President | 1 | $0 | |
Elizabeth Ingriselli Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $37 |
| Dividends & Interest | $6,411 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,431 |
| Capital Gain Net Income | $7,431 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,879 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $332 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,001 |
| Total operating and administrative expenses | $4,533 |
| Contributions, gifts, grants paid | $53,860 |
| Total expenses and disbursements | $58,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,684 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $245,540 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Building Dreams Foundation Inc has awarded $53,860 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION PURPOSE: SUPPORT OF ALZHEIMERS CARE, SUPPORT, AND RESEARCH | $100 |
BRAIN & BEHAVIOR RESEARCH FOUNDATION PURPOSE: SUPPORT OF SCIENTIFIC RESEARCH FOR CURES IN MENTAL ILLNESS. | $2,500 |
CANCER SUPPORT TEAM PURPOSE: SUPPORT OF CARING FOR PATIENTS SUFFERING FROM CANCER, | $200 |
CHURCH OF ST PIUS X PURPOSE: SUPPORT OF THE RELIGIOUS GROUP IN THEIR MISSION OF IMPROVING THE CHRISTIAN COMMUNITY. | $41,010 |
FOUNTAIN HOUSE PURPOSE: SUPPORT OF PEOPLE BEING IMPACTED BY MENTAL ILLNESSES. | $2,500 |
IONA ATHLETICS PURPOSE: SUPPORT OF IONA COLLEGE ATHLETIC PROGRAMS. | $4,300 |