The Pennsylvania State Capitol

Form 990-PFTax year 2025EIN 92-2955262

Dream Away Foundation

A private foundation in Lancaster, PA. Its return for tax year 2025 lists 3 grants and $150,000 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

3 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $150,000

    Grants listed
    3
    Assets, end of year
    $611,955
  • Tax year 2024

    $140,000

    Grants listed
    3
    Assets, end of year
    $448,991
  • Tax year 2023

    $0

    Grants listed
    0
    Assets, end of year
    $293,396

Grants paid in 2025

3 grants, largest first

As listed on the return.

  1. Reading Skatepark AssociationWest Reading, PA

    General support

    $75,000
  2. Free Library of Philadelphia FoundationPhiladelphia, PA

    General support

    $50,000
  3. BooksmilesCherry Hill, NJ

    General support

    $25,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Sports and recreation1 grant $75,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Pennsylvania2 grants $125,000
  2. New Jersey1 grant $25,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Karen Arnold PresidentPRESIDENT/DIRECTOR Hours 1Pay $0
  • Gene P OttoSECRETARY/DIRECTOR Hours 1Pay $0
  • John M ArnoldTREASURER/DIRECTOR Hours 1Pay $0

The return

More foundations

Similar foundations

Same main cause (sports and recreation), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. E Murdoch Family FoundationNewtown Square, PA 39 grants Accepts applications $191,231 giving
  2. Point of View FoundationYork, PA 16 grants Accepts applications $194,000 giving
  3. Emporium Foundation IncEmporium, PA 20 grants Accepts applications $196,650 giving
  4. Weaverland Menn CH Overlys Grove PRKNew Holland, PA 1 grant Preselected only $198,091 giving
  5. The Miriam Klein Charitable FoundationPhiladelphia, PA 1 grant Preselected only $100,000 giving