1000 Dreams Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO HELP TALENTED WOMEN IN NEED REACH THEIR DREAMS BY PROVIDING GREATER ACCESS TO EDUCATION, MENTORSHIP, AND CAREER READINESS OPPORTUNITIES. WE SERVE HIGH SCHOOL, COLLEGE/UNIVERSITY AND GRADUATE LEVEL STUDENTS AND EARLY CAREER PROFESSIONALS.
- Income
- $385,648
- Spending
- $399,889
- Spent on programs
- 80%
- Reserves
- 2.4 months of spending
- Largest source of income
- fees for its services, 52%
- Employees
- 0
- Volunteers
- 300
- Highest pay
- $9,460, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 53 out of 100. Higher than 19% of charities in its peer group (education, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.4 months of spending.
Debt
5 of 20It owes 71% of what it owns.
Living within its means
8 of 15Spending exceeded income by 4% of income.
Income trend
15 of 15Income rose 47% on the year before.
Spending floor
15 of 1579% of spending went to programs and raising each dollar of donations cost 27 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 77 out of 100. Higher than 64% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $89,133 spent. NEW FACE OF TECH SCHOLARSHIP - PROGRAM POWERED BY HARMAN SINCE ITS LAUNCH IN 2017, OVER $200,000 HAS BEEN GRANTED TO TALENTED YOUNG WOMEN PURSUING DEGREES IN S.T.E.A.M. IN THE FORM OF SCHOLARSHIPS. EACH WINNER ALSO GETS THE CHANCE TO BE CONNECTED WITH A HARMAN EXECUTIVE FOR A 60-MINUTE MENTORING SESSION. THE NEW FACE OF TECH CAMPAIGN HAS BEEN NAMED A FINALIST IN THE PRESTIGIOUS SHORTY SOCIAL GOOD AWARDS PROGRAM IN 2017, 2018, 2019, AND 2020. IN 2019, 2020, 2021, AND 2022, THE PROGRAM EXPANDED TO INCLUDE DIRECT LINKS TO INTERNSHIP AND JOB OPPORTUNITIES AT HARMAN. 1DFS PALIWAL CLUB OF 100 - WE PARTNERED WITH THE ILA AND DINESH PALIWAL FOUNDATION IN 2019 TO LAUNCH THE PALIWAL CLUB OF 100, A SCHOLARSHIP PROGRAM THAT FUNDS THE DREAMS OF 100 BUDDING LEADERS IN S.T.E.A.M. FIELDS OVER 10 YEARS. EACH TALENTED RECIPIENT RECEIVES A $1000 MICROGRANT TO PUT TOWARD HER FUTURE. IN 2021, WE EXPANDED THE PROGRAM TO OFFER ADDITIONAL SCHOLARSHIPS UNDER THE ORIGINAL PALIWAL CLUB OF 100 - STEAM SCHOLARS FUND AND ADDED A NEW FUND FOCUSED ON PROVIDING SCHOLARSHIPS TO WOMEN PURSUING CAREERS IN MUSIC UNDER THE PALIWAL CLUB OF 100 - MUSIC SCHOLARS FUND. OUR FUTURE PALIWAL CLUB OF 100 GRANTEES AIM TO SET THE STANDARD IN THEIR RESPECTIVE FIELDS. THEY WILL BE ABLE TO USE THEIR MICROGRANTS FOR LIFE-CHANGING OPPORTUNITIES LIKE CONFERENCE TRAVEL, TECH DEVICES, MUSIC AND ART EQUIPMENT, GROUNDBREAKING PROJECTS, AND MORE. 1DFS MENTORHER INITIATIVE - THIS NATIONAL INITIATIVE, LAUNCHED IN 2019, WAS CREATED TO RAISE AWARENESS ABOUT THE IMPORTANCE OF FEMALE MENTORSHIP. IN PARTNERSHIP WITH FOR-PROFIT AND NON-PROFIT ORGANIZATIONS ACROSS THE COUNTRY, MENTORHER PAIRS WOMEN IN COLLEGE, GRADUATE SCHOOL, OR RECENT GRADUATES WITH WELL-MATCHED PROFESSIONALS AND EXECUTIVES FOR A ONE-HOUR, ONE-ON-ONE MENTORSHIP SESSION. THE POSITIVE EFFECTS OF MENTORING PROGRAMS ARE WELL-DOCUMENTED, AND FOR YOUNG PEOPLE, THE IMPACT IS FAR-REACHING. ACCORDING TO THE NATIONAL MENTORING PARTNERSHIP, THOSE WITH MENTORS ARE 130% MORE LIKELY TO HOLD LEADERSHIP POSITIONS. ACCORDING TO 1DFS STATE OF THE AMERICAN GIRL RESEARCH, 70 PERCENT OF YOUNG AMERICAN WOMEN DO NOT HAVE A MENTOR. IT WAS WITH THESE FIGURES IN MIND THAT 1DF CREATED MENTORHER, AIMING TO ACCELERATE GROWTH IN WOMEN'S SUCCESS IN SCHOOL AND BEYOND. THROUGH A UNIQUE MATCHING PROCESS THAT ALIGNS CAREER GOALS AND BACKGROUNDS, PARTICIPATING STUDENTS ARE CONNECTED WITH EXPERIENCED PROFESSIONALS WHO CAN SHARE LESSONS FROM THEIR OWN CAREERS AND INSIGHTS INTO THEIR INDUSTRIES. HONORING THE EXECUTIVES' BUSY SCHEDULES, EACH MENTOR COMMITS TO MEETING ONCE, IN VIDEO CONFERENCE, FOR A SINGLE, HIGH-IMPACT, 60-MINUTE SESSION. IN 2021, 1DF SET A BOLD GOAL FOR THE MENTORHER INITIATIVE: OVER 1,000 HOURS OF MENTORSHIP SERVICE IN ONE YEAR TO HONOR 1DFS FOUNDING MISSION. WE LINED UP PARTNERSHIPS WITH THE FOLLOWING COMPANIES: COLGATE-PALMOLIVE, A GLOBAL CONSUMER PRODUCTS LEADER REIMAGINING A HEALTHIER FUTURE FOR ALL PEOPLE, THEIR PETS, AND OUR PLANET; ALLIED SPORTS, AN AWARD-WINNING GLOBAL ESPORTS ENTERTAINMENT COMPANY, AND THE OWNER AND OPERATOR OF THE HYPERX ESPORTS ARENA LAS VEGAS; HARMAN, WHICH DESIGNS AND ENGINEERS CONNECTED PRODUCTS AND SOLUTIONS FOR AUTOMAKERS, CONSUMERS, AND ENTERPRISES WORLDWIDE, INCLUDING CONNECTED CAR SYSTEMS, AUDIO AND VISUAL PRODUCTS, ENTERPRISE AUTOMATION SOLUTIONS, AND SERVICES SUPPORTING THE INTERNET OF THINGS; KENDRA SCOTT, A LIFESTYLE BRAND HEADQUARTERED IN AUSTIN, TX, PROVIDING GEMSTONE-INSPIRED COLLECTIONS THAT INCLUDE FASHION JEWELRY, FINE JEWELRY, HOME GOODS, AND BEAUTY; NAACP LEGAL DEFENSE AND EDUCATIONAL FUND, INC., AMERICA'S PREMIER LEGAL ORGANIZATION FIGHTING FOR RACIAL JUSTICE. TO DATE, OVER 500 HOURS OF MENTORSHIP SERVICE HAVE BEEN GENERATED THROUGH THE PROGRAM, WHICH INCLUDES ONE-ON-ONE MENTORSHIP AS WELL AS WORKSHOPS FEATURING GUEST SPEAKERS.
- $35,397 spent. BROADCASTHER INITIATIVE - WE DESIGNED THIS CHARITY INITIATIVE TO DIRECTLY SUPPORT UNDERSERVED FEMALE CONTENT CREATORS AND INCLUDE SEVERAL CRITICAL PROGRAMS TO HELP REALIZE THIS MISSION. (1) THROUGH OUR 1000 DREAMS FUND TWITCH BROADCASTHER GRANT, IN PARTNERSHIP WITH THE TWITCH COMMUNITY, WE PROVIDE GRANTS RANGING FROM $500 TO $2000 TO UP-AND-COMING WOMEN CONTENT CREATORS. THIS PROGRAM, SPECIFICALLY CREATED IN 2018, HELPS THEM TRANSITION THEIR PASSION INTO A CAREER. THE GRANTS ARE INTENDED TO HELP RECIPIENTS PAY FOR NEEDS THAT ALIGN WITH 1DFS FUNDING MISSION, INCLUDING CONFERENCE TRAVEL, EQUIPMENT UPGRADES, WORKSHOPS, AND MORE. SINCE ITS LAUNCH, OVER $300,000 HAS BEEN GRANTED TO WOMEN CONTENT CREATORS. (2) OUR BROADCASTHER ACADEMY, A FELLOWSHIP PROGRAM FOR WOMEN IN ESPORTS AND GAMING, WAS LAUNCHED IN 2019 TO PROVIDE WOMEN WITH OPPORTUNITIES TO GAIN A CRUCIAL ADVANTAGE AND FIND EMPLOYMENT IN THE ESPORTS AND GAMING INDUSTRY. IN 2021, SEVERAL OF OUR FELLOWS WERE CONSIDERED FOR FULL-TIME EMPLOYMENT OPPORTUNITIES WITH OUR PARTNERS. THE BROADCASTHER ACADEMY WAS ALSO NAMED A FINALIST IN THE 2021 DIVERSITY AND INCLUSION INITIATIVES CATEGORY AT THE TEMPEST AWARDS DURING THE ESPORTS BUSINESS SUMMIT.
- $4,442 spent. MENTORHER INITIATIVE - THIS NATIONAL INITIATIVE, LAUNCHED IN 2019, WAS CREATED TO HELP RAISE AWARENESS ABOUT THE IMPORTANCE OF FEMALE MENTORSHIP. IN PARTNERSHIP WITH FOR-PROFIT AND NON-PROFIT ORGANIZATIONS ACROSS THE COUNTRY, MENTORHER PAIRS INDIVIDUAL WOMEN IN COLLEGE AND GRADUATE SCHOOL OR RECENT GRADUATES WITH WELL-MATCHED PROFESSIONALS AND EXECUTIVES FOR A ONE-HOUR, ONE-ON-ONE MENTORSHIP SESSION. THE POSITIVE EFFECTS OF MENTORING PROGRAMS ARE WELL DOCUMENTED, AND FOR YOUNG PEOPLE, THE IMPACT IS FAR-REACHING. ACCORDING TO THE NATIONAL MENTORING PARTNERSHIP, THOSE WITH MENTORS ARE 130% MORE LIKELY TO HOLD LEADERSHIP POSITIONS. ACCORDING TO 1DF'S STATE OF THE AMERICAN GIRL RESEARCH, 70 PERCENT OF YOUNG AMERICAN WOMEN DO NOT HAVE A MENTOR. IT WAS WITH THESE FIGURES IN MIND THAT 1DF CREATED MENTORHER, AIMING TO ACCELERATE GROWTH IN WOMEN'S SUCCESS IN SCHOOL AND BEYOND. THROUGH A UNIQUE MATCHING PROCESS THAT ALIGNS CAREER GOALS AND BACKGROUNDS, PARTICIPATING STUDENTS ARE CONNECTED WITH EXPERIENCED PROFESSIONALS WHO CAN SHARE LESSONS FROM THEIR OWN CAREERS AND INSIGHTS INTO THEIR INDUSTRIES. HONORING THE EXECUTIVES' BUSY SCHEDULES, EACH MENTOR COMMITS TO MEET ONCE, IN A VIDEO CONFERENCE, FOR A SINGLE, HIGH-IMPACT, 60-MINUTE SESSION. IN 2021, 1DF SET A BOLD GOAL FOR THE MENTORHER INITIATIVE: OVER 1000 HOURS OF MENTORSHIP SERVICE TO HONOR 1DF'S FOUNDING MISSION AND LINED UP PARTNERSHIPS WITH THE FOLLOWING COMPANIES THUS FAR: COLGATE-PALMOLIVE, A GLOBAL CONSUMER PRODUCTS LEADER REIMAGINING A HEALTHIER FUTURE FOR ALL PEOPLE, THEIR PETS, AND OUR PLANET; ALLIED ESPORTS, AN AWARD-WINNING GLOBAL ESPORTS ENTERTAINMENT COMPANY AND THE OWNER AND OPERATOR OF THE HYPERX ESPORTS ARENA LAS VEGAS; HARMAN, WHICH DESIGNS AND ENGINEERS CONNECTED PRODUCTS AND SOLUTIONS FOR AUTOMAKERS, CONSUMERS, AND ENTERPRISES WORLDWIDE, INCLUDING CONNECTED CAR SYSTEMS, AUDIO AND VISUAL PRODUCTS, ENTERPRISE AUTOMATION SOLUTIONS, AND SERVICES SUPPORTING THE INTERNET OF THINGS; KENDRA SCOTT, A LIFESTYLE BRAND HEADQUARTERED IN AUSTIN, TX, PROVIDING GEMSTONE-INSPIRED COLLECTIONS THAT INCLUDE FASHION JEWELRY, FINE JEWELRY, HOME GOODS, AND BEAUTY; AND THE NAACP LEGAL DEFENSE AND EDUCATIONAL FUND, INC., AMERICA'S PREMIER LEGAL ORGANIZATION FIGHTING FOR RACIAL JUSTICE. TO DATE, OVER 500 HOURS OF MENTORSHIP SERVICE HAVE BEEN GENERATED THROUGH THE PROGRAM, INCLUDING ONE-ON-ONE MENTORSHIP AS WELL AS WORKSHOPS FEATURING GUEST SPEAKERS.
- $188,909 spent. GENERAL PROGRAM AND OTHER PROGRAMS
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
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