Dream Street Foundation is located in Beverly Hills, CA. The organization was established in 1989. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Street 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 12/2022, Dream Street Foundation generated $392.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $85.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Dream Street Foundation has awarded 20 individual grants totaling $224,000. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CAMPS FOR CHILDREN WITH TERMINAL AND LIFE-THREATENING ILLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE WERE UNABLE TO OPERATE OUR SUMMER CAMPS DUE TO COVID-19.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Carolei Director | Trustee | 0 | $0 |
Edna Gordon Director | Trustee | 0 | $0 |
Patty Grubman Co-Founder | Trustee | 0 | $0 |
Karelyn Foley Director | Trustee | 0 | $0 |
Bob Istwan Director | Trustee | 0 | $0 |
Ann Glew Director | Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $93,539 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $316,161 |
| Noncash contributions included in lines 1a–1f | $84,414 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $409,700 |
| Total Program Service Revenue | $0 |
| Investment income | $11,597 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$28,691 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $392,606 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $26,465 |
| Total functional expenses | $85,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,704 |
| Savings and temporary cash investments | $1,092,316 |
| 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 | $464,376 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,669 |
| Total assets | $1,688,065 |
| 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 | $1,588,065 |
| Net assets with donor restrictions | $100,000 |
| 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 | $1,688,065 |
Over the last fiscal year, Dream Street Foundation has awarded $17,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HENRY JACOBS CAMPCAMP DREAM STREET PURPOSE: PROVIDE CAMPS FOR CHILDREN WITH PHYSICAL DISABILITIES. | $12,000 |
WE CARE FOUNDATION PURPOSE: PROVIDE CAMPS FOR CHILDREN WITH BLOOD DISORDERS AND CANCER. | $5,000 |