2026-06-15T09:23:23+00:00 2025-08-31 135381590 BDO USA 200 PARK AVE 38TH FLOOR NEW YORK NY 10166 990 2024-09-01 133979726 GARDEN OF DREAMS FOUNDATION GARD 2124654170 2 Penn Plaza FL 29 New York NY 101210091 ALEX SHVARTSMAN CONTROLLER 2124654170 2026-06-15 true PAUL HAMMERSCHMIDT P01384178 2128858000 2026-06-11 2024 2025-03-06 01:10:19Z ALEX SHVARTSMAN 2 Penn Plaza FL 29 New York NY 101210091 8962233 false X www.gardenofdreamsfoundation.org X 1997 NY THE GARDEN OF DREAMS FOUNDATION HELPS YOUNG PEOPLE FACING ILLNESS, FINANCIAL CHALLENGES, OR THE DEATH OF A FAMILY MEMBER IN UNIFORM EXPERIENCE LASTING JOY AND BUILD SUCCESSFUL FUTURES. IN PARTNERSHIP WITH MSG ENTERTAINMENT, MSG SPORTS AND SPHERE ENTERTAINMENT, WE PROVIDE ACCESS TO WORLD-CLASS EVENTS AND SPACES, SCHOLARSHIPS, MENTORSHIP AND OTHER INSPIRING EDUCATIONAL OPPORTUNITIES. 23 23 0 37 0 10185623 8718901 0 0 187382 212557 0 0 10373005 8931458 6883486 5485161 0 0 0 0 873847 1681812 3052065 8565298 8537226 1807707 394232 6302573 6870672 1007962 1181829 5294611 5688843 X OUR MISSION IS SUPPORTED BY THREE CORE PILLARS: 1) COMMUNITY PROJECTS - WE PROVIDE DIRECT FINANCIAL SUPPORT FOR IMPROVEMENTS TO COMMUNITY FACILITIES, AS WELL AS FOR COMMUNITY-BASED SPORTS, ENTERTAINMENT AND MEDIA PROJECTS, THAT ENHANCE THE ENVIRONMENT OF YOUNG PEOPLE WHERE THEY LIVE AND GROW. 2) EDUCATION - WE PROVIDE SCHOLARSHIPS FOR COLLEGE AND TRADE SCHOOLS AS WELL AS MENTORSHIP AND CAREER EXPOSURE PROGRAMS THAT OPEN THE DOORS TO OPPORTUNITIES AND IMPACT OUR YOUNG PEOPLE'S FUTURES. 3) INSPIRATION & JOY - WE PROVIDE UNFORGETTABLE EXPERIENCES THAT INSPIRE YOUNG PEOPLE IN OUR COMMUNITIES, AND FOSTER HEALING AND JOY. false false 4585050 3254508 0 EVENTS AT MADISON SQUARE GARDEN, RADIO CITY MUSIC HALL, TEAMS' TRAINING CENTER AND OTHER VENUES: THE FOUNDATION PROVIDES ACCESS TO EVENTS SUCH AS CONCERTS, SPORTING EVENTS AND A TALENT SHOW, AS WELL AS PROGRAMMING SUCH AS MENTORING & EDUCATIONAL OPPORTUNITIES AT VARIOUS VENUES, INCLUDING MSG, RADIO CITY MUSIC HALL, MSG TRAINING CENTER & OTHER VENUES. THE FOUNDATION ALSO SUPPORTS THE CHILDREN OF ITS PARTNER ORGANIZATIONS THROUGH VARIOUS DIRECT DONATIONS THROUGHOUT THE YEAR, SUCH AS AN ADOPT-A-FAMILY DRIVE DURING THE HOLIDAY SEASON IN WHICH MSG EMPLOYEES CAN PURCHASE NECESSARY FOOD, CLOTHING & OTHER ITEMS FOR SPECIFIC FAMILIES. 1888293 1888293 0 THE GARDEN OF DREAMS GIVING PROGRAM: THE PROGRAM HELPS ITS PARTNER ORGANIZATIONS MEET THE CRITICAL NEEDS OF THE CHILDREN THEY SERVE, INCLUDING THROUGH DIRECT SUPPORT OF COLLEGE SCHOLARSHIPS AND CAPITAL IMPROVEMENT PROJECTS WITHIN THE COMMUNITY. EXAMPLES OF THESE GRANTS ARE REFURBISHMENTS OF GYMNASIUMS, DANCE STUDIOS, RECORDING STUDIOS AND CHILDREN'S HOSPITAL WINGS. 342360 342360 0 CBO SUPPORT: IN RESPONSE TO THE PANDEMIC & THROUGH ITS COMMUNITY ORGANIZATIONS THE FOUNDATION PROVIDED ASSISTANCE TO FAMILIES SUFFERING FROM FOOD SCARCITY THROUGH THE PROVISION OF MEALS AND OTHER SUPPLIES. 106063 0 0 OTHER PROGRAM SERVICES: INCLUDES DONATIONS OF GOODIE BAGS, TEAM MERCHANDISE & OTHER GIFTS COMMEMORATING SPECIAL EXPERIENCES FOR CHILDREN AND FAMILIES PARTICIPATING IN THE FOUNDATION'S PROGRAMS, AND SHIPPING OF ITEMS TO RECIPIENT ORGANIZATIONS. 106063 6921766 true true false false false false false false false false true false false false true true true false false false false false false false true false false true true false false false false false false false false false false false true false false false false false false false false false true 0 0 0 false false false false false true true false false false false false false X 23 23 true false false false true true true true false false false false true true true true false false false false false false CA CT NJ NY X X Alex Shvartsman 2126315075 2 Penn Plaza 29th floor New York NY 101210091 X BARRY WATKINS CHAIRMAN 2.5 X X 0 0 0 DAVID VINIAR CO-VICE CHAIRPERSON 0.2 X X 0 0 0 GARY FUHRMAN CO-VICE CHAIRPERSON 0.2 X X 0 0 0 JOEL FISHER CO-VICE CHAIRPERSON 0.8 X X 0 0 0 RICH CONSTABLE CO-VICE CHAIRPERSON 2.0 X X 0 0 0 VICTORIA MINK TREASURER 0.5 X X 0 0 0 ADAM GRAVES DIRECTOR 0.2 X 0 0 0 ANDREA GREENBERG DIRECTOR 0.2 X 0 0 0 BRAD KARP DIRECTOR 0.2 X 0 0 0 CRISTINA DOLAN DIRECTOR 0.2 X 0 0 0 DARRYL MCDANIELS DIRECTOR 0.5 X 0 0 0 DREW NIEPORENT DIRECTOR 0.2 X 0 0 0 JAMAAL LESANE DIRECTOR 0.2 X 0 0 0 JILL MARTIN DIRECTOR 0.2 X 0 0 0 JOHN STARKS DIRECTOR 0.2 X 0 0 0 JUSTIN TUCK DIRECTOR 0.2 X 0 0 0 MARY PAT CLARKE DIRECTOR 1.0 X 0 0 0 MATTHEW MODINE DIRECTOR 0.2 X 0 0 0 NEIL GOLDMACHER DIRECTOR 0.2 X 0 0 0 RANDY MASTRO DIRECTOR (THRU 3/27/2025) 0.2 X 0 0 0 STEVE SHAPIRO DIRECTOR (AS OF 6/12/2025) 0.2 X 0 0 0 SUJIN DOLAN DIRECTOR 0.2 X 0 0 0 TARA LIPTON DIRECTOR 0.2 X 0 0 0 WHOOPI GOLDBERG DIRECTOR 0.2 X 0 0 0 ALEX SHVARTSMAN CONTROLLER (AS OF 7/1/2025) 4.0 X 0 0 0 DEBRA SHUWARGER SECRETARY 0.8 X 0 0 0 0 0 0 false false false 0 484775 8234126 4795825 8718901 0 0 0 0 0 212557 0 0 212557 0 0 0 0 30775 484775 30775 0 0 0 0 0 0 0 0 8931458 0 0 212557 4579766 4579766 905395 905395 82641 0 82641 0 30000 0 30000 0 74613 0 74613 0 51735 0 11342 40393 26194 0 26194 0 20996 0 20996 0 13244 0 13244 0 DIRECT PROGRAM EXPENSES 2635562 1436605 479584 719373 MISCELLANEOUS 117080 0 2999 114081 0 0 0 0 8537226 6921766 741613 873847 1292683 6713078 1468648 10000 0 0 309729 127788 160600 140794 0 19806 3225220 0 6293 0 6302573 6870672 999729 1104567 0 0 8233 77262 1007962 1181829 X 5294611 5688843 5294611 5688843 6302573 6870672 394232 0 X false true true false X 1254776 4690482 5744883 10185623 8718901 30594665 0 0 1254776 4690482 5744883 10185623 8718901 30594665 1828122 28766543 5915 6719 226243 187382 212557 638816 968 968 0 0 0 0 0 0 31234449 0 0.92099 0.7784 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 160600 140794 19806 19806 Federal Income Taxes DUE TO MSG ENTERTAINMENT GROUP, LLC 75590 DUE TO MADISON SQUARE GARDEN SPORTS CORP. 1672 77262 X 10724249 1792791 0 1792791 8931458 0 0 8931458 10330017 1792791 0 1792791 8537226 0 0 8537226 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOUNDATION WAS INCORPORATED IN THE STATE OF NEW YORK AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND, THEREFORE, HAS MADE NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE (IRS) NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED AUGUST 31, 2025. MSGN FALL TELETHON 105136 98927 6209 6209 MSGN SPRING TELETHON 114612 107854 6758 6759 3 295802 277994 17808 17807 515550 484775 30775 30775 30775 0 true SCAN-HARBOR INC 345 EAST 102ND ST NEW YORK NY 10029 132912963 501(C)(3) 575400 TO FULFILL GDF'S MISSION SUNRISE DAY CAMPS ASSOCIATION INC 11 NEIL COURT OCEANSIDE NY 11572 465555854 501(C)(3) 275000 TO FULFILL GDF'S MISSION NORTHWELL HEALTH FOUNDATION 2000 MARCUS AVE NEW HYDE PARK NY 11042 113418133 501(C)(3) 112498 TO FULFILL GDF'S MISSION HARLEM DOWLING WEST SIDE CTR 2139 ADAM CLAYTON BLVD NEW YORK NY 10027 133030378 501(C)(3) 20000 TO FULFILL GDF'S MISSION 4 0 SCHOLARSHIPS 20 895395 CHASE RANGERS OPENING NIGHT SURPRISE 1 10000 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE GARDEN OF DREAMS PARTNERS ARE ALL ORGANIZATIONS THAT FIT WITHIN THE MISSION OF THE FOUNDATION TO "MAKE DREAMS COME TRUE FOR KIDS FACING OBSTACLES." THE ORGANIZATIONS ARE RESEARCHED AND THEN APPROVED BY THE GARDEN OF DREAMS BOARD OF DIRECTORS. X DONATED SUITES 316 4469000 Market value X DONATED TICKETS 709 267037 Market value X DONATED MEALS 13 59788 Market value 0 false true false Schedule M, Part I COLUMN (B) THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 106,063 including grants of $ 0)(Revenue $ 0) OTHER PROGRAM SERVICES: INCLUDES DONATIONS OF GOODIE BAGS, TEAM MERCHANDISE & OTHER GIFTS COMMEMORATING SPECIAL EXPERIENCES FOR CHILDREN AND FAMILIES PARTICIPATING IN THE FOUNDATION'S PROGRAMS, AND SHIPPING OF ITEMS TO RECIPIENT ORGANIZATIONS. Form 990, Part VI, Line 2 MSG ENTERTAINMENT GROUP, LLC, A WHOLLY-OWNED SUBSIDIARY OF MADISON SQUARE GARDEN ENTERTAINMENT CORP., IS THE SOLE MEMBER OF THE GARDEN OF DREAMS FOUNDATION. THE FOLLOWING DIRECTORS/OFFICERS WERE EMPLOYEES OR INDEPENDENT CONTRACTORS OF MSG DURING THE 2024 TAX YEAR: BARY WATKINS, JOEL FISHER, RICH CONSTABLE, AND DEBRA SHUWARGER. Form 990, Part VI, Line 6 Classes of members or stockholders MSG ENTERTAINMENT GROUP, LLC, A WHOLLY-OWNED SUBSIDIARY OF MADISON SQUARE GARDEN ENTERTAINMENT CORP., IS THE SOLE MEMBER OF THE GARDEN OF DREAMS FOUNDATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body MSG ENTERTAINMENT GROUP, LLC, A WHOLLY-OWNED SUBSIDIARY OF MADISON SQUARE GARDEN ENTERTAINMENT CORP., IS THE SOLE MEMBER OF THE GARDEN OF DREAMS FOUNDATION AND IS ENTITLED TO NOMINATE DIRECTORS TO FILL VACANCIES ON THE BOARD AS THEY MAY OCCUR FROM TIME TO TIME; AND TO REMOVE DIRECTORS WITH OR WITHOUT CAUSE. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders MSG ENTERTAINMENT GROUP, LLC, A WHOLLY-OWNED SUBSIDIARY OF MADISON SQUARE GARDEN ENTERTAINMENT CORP., IS THE SOLE MEMBER OF THE GARDEN OF DREAMS FOUNDATION AND IS ENTITLED TO DECIDE MATTERS REGARDING THE FOLLOWING: (1) THE ADOPTION, AMENDMENT OR REPEAL OF A BYLAW; (2) ANY AMENDMENT, MODIFICATION OR REPEAL OF THE CERTIFICATE OF INCORPORATION; (3) ANY POWERS GRANTED TO IT BY THE NEW YORK NOT-FOR-PROFIT CORPORATION LAW. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body THE EXECUTIVE COMMITTEE DID NOT MAINTAIN MEETING MINUTES. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT WITH INPUT FROM THE LEGAL AND PROGRAMS SUPPORT STAFF. AFTERWARDS, A COPY OF THE DRAFT FORM 990 IS CIRCULATED TO THE FULL BOARD OF DIRECTORS FOR DISCUSSION AND COMMENT PRIOR TO ITS FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy EACH YEAR THE FOUNDATION DISTRIBUTES ITS CONFLICT OF INTEREST POLICY TO EACH DIRECTOR AND MEMBER OF THE MSG LEGAL DEPARTMENT AND EXPLAINS THE POLICY TO THE BOARD OF DIRECTORS. THE FOUNDATION ALSO ASKS DIRECTORS TO FILL OUT A CONFLICT OF INTEREST DISCLOSURE STATEMENT WHICH ENABLES THE FOUNDATION TO MONITOR COMPLIANCE WITH THE POLICY. Form 990, Part VI, Line 19 Required documents available to the public THE FOUNDATION MAKES ITS ANNUAL AUDITED FINANCIAL STATEMENTS, FORM 990, AND CONFLICT OF INTEREST POLICY AVAILABLE ON ITS WEBSITE AND UPON REQUEST. THE FOUNDATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.