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Rhode Island · Nonprofit

REKINDLING THE DREAM FOUNDATION

REKINDLING THE DREAM FOUNDATION (Rhode Island) receives grants from 3 organizations whose IRS filings report $790,657 to it, the largest being CARNEGIE CORPORATION OF NEW YORK ($731,300). 1 of them have funded it in more than one year.

Revenue FY2022
$0
Funders on record
3
Grants received
$791k
Net assets
$0
1/3 repeat funderspeak grant-dependency 78%
01What it does

What Rekindling the Dream Foundation does

Mission

The organization is operated solely for the benefit of and in conjunction with the providence school department.

As stated on its FY2022 Form 990.

Program

  1. To promote and enhance public school education in providence, rhode island by providing financial support for educational projects, enrichment programs and other educational initiatives. The goals are as follows: a. Raise private funds by reaching out to institutional sources, private and public sources, including without limitation, business organizations, civic organizations, and individuals. B. Increase community awareness about the school district's accomplishments, demographics, challenges and goals, and provide ways for individuals and organizations to share their resources to enhance the quality of providence's public education. C. Distribute funds through grants to pay for materials, equipment, programs, and initiatives which are consistent with the providence public school curriculum and providence public school policy, and which are intended to enhance the educational experience beyond the usual classroom experience.

    $50 spent
    100% of program spending

The program described on its FY2021 Form 990. Program spending in total: $50.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($977k) Expenses 100 ($1.4M) Net assets 100 ($785k)2018 Revenue 10 ($95k) Expenses 39 ($532k) Net assets 42 ($332k)2019 Revenue 14 ($138k) Expenses 24 ($322k) Net assets 19 ($151k)2020 Revenue 4 ($42k) Expenses 2 ($28k) Net assets 21 ($165k)2021 Revenue 0 ($0) Expenses 3 ($36k) Net assets 16 ($129k)2022 Revenue 0 ($0) Expenses 0 ($3k) Net assets 0 ($0)
201720182019202020212022
Revenue (0)Expenses (0)Net assets (0)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $806k to $381k (−53%).

$806k
$381k
$171k
$185k
$148k
$0
201720182019202020212022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 6 reported years ran a deficit.

−$381k
’17
−$437k
’18
−$184k
’19
$14k
’20
−$36k
’21
−$3k
’22
5.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201720182019202020212022
Listed553576
Joined·+0+0+4+2+1
No longer listed·02202
03Who funds it

Who funds it, year by year

2017 → 2018: the base narrowed from 3 funders to 1 funder, grant income fell $761k → $30k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of REKINDLING THE DREAM FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

REKINDLING THE DREAM FOUNDATION leans on a few funders — its largest provides 92% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

92%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 96% · 2018 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

REKINDLING THE DREAM FOUNDATION draws 100% of its grant income from funders outside Rhode Island, across 2 states in all.

NY
MA

Funder states come from each funder’s own filing. $51k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like REKINDLING THE DREAM FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Rhode Island

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

2% of spending goes to programs.

Program 2%Management 98%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for REKINDLING THE DREAM FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds REKINDLING THE DREAM FOUNDATION?
REKINDLING THE DREAM FOUNDATION (Rhode Island) receives grants from 3 organizations whose IRS filings report $790,657 to it, the largest being CARNEGIE CORPORATION OF NEW YORK ($731,300). 1 of them have funded it in more than one year.
How many funders does REKINDLING THE DREAM FOUNDATION have?
IRS filings report 3 organizations giving $790,657 in grants to REKINDLING THE DREAM FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of REKINDLING THE DREAM FOUNDATION?
CARNEGIE CORPORATION OF NEW YORK is the largest funder on record, with $731,300 in grants. The full list of funders is on this page.
How can an organization like REKINDLING THE DREAM FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Rekindling the Dream →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2017–2022), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing