Dream Away Foundation
Preselected recipients only
Dream Away Foundation is a private foundation in Lancaster, Pennsylvania. In tax year 2025 it gave $150,000 in 3 grants; the typical grant was $50,000 and the largest $75,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$150,000
- Number of grants3
- Typical grant$50,000
- Largest grant$75,000
- Assets$694,026
- New grantees100%
Giving in 2025 was up from $140,000 the year before.
100% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $0 | 0 | $304,364 |
| 2024 | $140,000 | 3 | $476,183 |
| 2025 | $150,000 | 3 | $694,026 |
How to apply
Dream Away Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Dream Away Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to Pennsylvania.
| State | Grants | Amount |
|---|---|---|
| Pennsylvania | 2 | $125,000 |
| New Jersey | 1 | $25,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Reading Skatepark Association | General support | $75,000 |
| Free Library of Philadelphia Foundation | General support | $50,000 |
| Booksmiles | General support | $25,000 |
Officers and trustees
- Karen Arnold President
- Gene P Otto
- John M Arnold
Questions people ask
Does Dream Away Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Dream Away Foundation give?
$150,000 in tax year 2025, across 3 grants, with a typical grant of $50,000.
Who runs Dream Away Foundation?
Its 2025 filing lists Karen Arnold President (President/Director), Gene P Otto (Secretary/Director) and John M Arnold (Treasurer/Director).
What does Dream Away Foundation fund?
Based on its grants, mainly education.