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Dream Blue Foundation is a private corporation based in RICHARDSON, TX. The foundation received its IRS ruling in 2013. The principal officer is Sang Hun Lee. It holds total assets of $600K. Annual income is reported at $534K. Total assets have grown from $190K in 2012 to $600K in 2024. The foundation is governed by 3 officers and trustees. Dream blue foundation, with assistance of bti solutions, inc, partners with organizations around the globe to support initiatives and programs that respond in meaningful and holistic ways to meet the needs and priorities of vulnerable people around the globe primarily through grants. The organization focuses in the areas of education, healthcare, lives of children and youth, and community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Texas, New York and Washington. According to available records, Dream Blue Foundation has made 22 grants totaling $2M, with a median grant of $82K. Annual giving has grown from $463K in 2020 to $1.5M in 2022. Individual grants have ranged from $7K to $300K, with an average award of $91K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Texas and Washington and New York. Contributions to this foundation are tax-deductible.
Dream Blue Foundation reported 22 individual grants totaling $2.0 million between 2020 and 2022 across its IRS Form 990-PF filings, with a median grant of $82,055. Half of those grants fell between $50,000 and $115,000. Its largest single grant in the record was $300,000. Its most recent available filing, for fiscal year 2023, reports $626,123 in total giving.
The largest share of grants went to organizations in TX (8 of 22), followed by WA (3) and NY (3). Of its 8 distinct grantees, 100 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Jakarta International University ($730,000), Institute Of Asian Culture & Development ($290,000) and Ignis Community ($252,220).
Computed from 22 individual grant records (2020–2022) in this foundation's IRS Form 990-PF Part XV filings, reaching 3 states. Source: IRS 990-PF.
Smallest Grant
$15K
Median Grant
$98K
Average Grant
$97K
Largest Grant
$198K
Based on 6 grants from the most recent 990-PF filing.
Dream blue foundation, with assistance of bti solutions, inc, partners with organizations around the globe to support initiatives and programs that respond in meaningful and holistic ways to meet the needs and priorities of vulnerable people around the globe primarily through grants. The organization focuses in the areas of education, healthcare, lives of children and youth, and community development.
Dream blue foundation, with assistance of bti solutions, inc, partners with organizations around the globe to support initiatives and programs that respond in meaningful and holistic ways to meet the needs and priorities of vulnerable people around the globe primarily through grants. The organization focuses in the areas of education, healthcare, lives of children and youth, and community development. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in TX, WA, NY.
Dream Blue Foundation has distributed a total of $2M across 22 grants. The median grant size is $82K, with an average of $91K. Individual grants have ranged from $7K to $300K.
Dream Blue Foundation typically selects its grantees rather than accepting unsolicited proposals.
Dream Blue Foundation is headquartered in RICHARDSON, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sang Hun Lee | DIRECTOR | $0 | $0 | N/A |
| Seungah Sarah Lee | DIRECTOR | $0 | $0 | N/A |
| Seungeun Susan Lee | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$600K
Fair Market Value
N/A
Net Worth
$600K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
22
Total Giving
$2M
Average Grant
$91K
Median Grant
$82K
Unique Recipients
8
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jakarta International UniversityDONATION FOR COLLEGE BUILDING CONSTRUCTION | — | $300K | 2022 |
| Institute Of Asian Culture & DevelopmentTO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION | Lynnwod, WA | $120K | 2022 |
| Iraq BaghdadTO FUND REFUGEE SCHOOL CONSTRUCTION | — | $100K | 2022 |
| Love PakistanHOSPITAL EQUIPMENT AND OPERATIONS | — | $98K | 2022 |
| Ignis CommunityTO ASSIST THE ORGANIZATION IN PURCHASING EQUIPMENT FOR ITS PYSRC MISSION AND TO AIDE THE ORGANIZATION IN ITS MISSION TO PROVIDE ADEQUATE TREATMENT TO PATIENTS AND TO TRAIN DOCTORS IN NON-SURGICAL SPINE TREATMENT AND PEDIATRIC REHABILITATION BEST PRACTICES. | Dallas, TX | $66K | 2022 |
| Forefront CharityTO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION | New York, NY | $50K | 2022 |
| Grad ResourcesTO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION | Plano, TX | $30K | 2022 |
| Le Tourneau UniversityTO CONTRIBUTE TO EDUCATION FUND | Longview, TX | $7K | 2022 |