American Family Insurance Dreams Foundation Inc

Organization Overview

American Family Insurance Dreams Foundation Inc is located in Madison, WI. The organization was established in 2015. 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. American Family Insurance 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 12/2021, American Family Insurance Dreams Foundation Inc generated $6.6m 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 (17.7%) each year. All expenses for the organization totaled $15.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, American Family Insurance Dreams Foundation Inc has awarded 88 individual grants totaling $66,119,195. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE CHARITABLE CONTRIBUTIONS PART XV. THE FOUNDATION'S PRIMARY ACTIVITIES INCLUDE A SCHOLARSHIP PROGRAM (STARTED IN 2016), COMMUNITY GRANTS PROGRAM (STARTED IN 2015), AND EMPLOYEE AND AGENT MATCHING GIFT PROGRAMS (STARTED IN 2016). IN 2021, THE DREAMS FOUNDATION INVESTED MORE THAN 3.2M DIRECTED BY EMPLOYEES AND AGENCY OWNERS TO OVER 3,500 ORGANIZATIONS. IN 2021, WE ALSO ADDED 63 NEW SCHOLARSHIPS AWARDEES FOR A TOTAL OF 314 SCHOLARSHIPS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $6,469,343
Interest on Savings $0
Dividends & Interest $117,422
Net Rental Income$0
Net Gain on Sale of Assets -$6,536
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $6,580,229

Grants Awarded

Over the last fiscal year, American Family Insurance Dreams Foundation Inc has awarded $15,727,687 in support to 20 organizations.

Grant RecipientAmount

GRANTS ACCRUAL

PURPOSE: SEE ATTACHMENT

$4,596,284

GRANTS CASH

PURPOSE: SEE ATTACHMENT

$2,967,397

MATCHING CASH

PURPOSE: SEE ATTACHMENT

$2,438,719

CHARITABLES

PURPOSE: SEE ATTACHMENT

$1,001,650

MATCHING ACCRUAL

PURPOSE: SEE ATTACHMENT

$839,031

MATCHING

PURPOSE: SEE ATTACHMENT

$787,938
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that American Family Insurance Dreams Foundation Inc has recieved totaling $1,000.

Awarding OrganizationAmount
Tornquist Family Foundation

Bloomington, IL

PURPOSE: SUPPORT OF CHARITABLE PURPOSE

$1,000
View Grant Recipient Profile

Peer Organizations

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