I'm certainly not going to criticize him for making a $750 donation to the Fealgood Foundation; but it is confirmation that the Avery Foundation is not going to be operating anytime soon despite the "in the process of filing paperwork" claims.
Update: Commenter Patrick from Cincinnati encouraged me to do a little more digging on this, and I noticed that the receipt is addressed to "Third I Records". I did a little investigoogling and noticed that Dylan apparently created this "record label" a few years back.
Third I Records was created by Dylan Avery to showcase alternative musical talent speaking Truth to Power.
The Wayback Machine shows that the domain was last active in 2008.