Dream Alliance

Foundation · Grantmaker MCKINNEY, TX EIN: 87-4041858

Dream Alliance is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCKINNEY, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 26 grants totaling $193K. Net investment income was $100K.

Key facts about Dream Alliance

EIN
87-4041858
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$193,000
Grants made (2024)
26
Average grant
$7,423
Median grant
$7,500
Total assets
$5,644,814
Primary geography
Texas (97% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Dream Alliance funds

By grant dollars, the top recipient states for Dream Alliance's 26 itemized 2024 grants were Texas (97%). The most frequent recipient cities were Mckinney, TX (6 grants) and Fort Worth, TX (4 grants). None of its 26 grants with a stated purpose were described as general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.6M

+50.9% YoY

Annual Giving

$193K

+220.4% YoY

Grant Count

26

+136.4% YoY

Avg Grant Size

$7K

+35.5% YoY

Under IRS private-foundation payout rules, Dream Alliance reported a distributable amount of $208K for 2024 — the minimum it must pay out in qualifying distributions.

About Dream Alliance

Based on IRS filings

Dream Alliance is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCKINNEY, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 26 grants totaling $193K. Net investment income was $100K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

MckinneyFort WorthGrand PrairieArlingtonBlancoCarrolltonSaginawWeaterfordAllenBoerneCollege StationDallasEulessFredericksbergGarlandHutchinsMurphyPhoenixPlanoWashington Dc

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M202220232024
Metric202420232022
Total Assets$5,644,814$3,739,755$3,638,212
Revenue$1,802,249$25,240$3,674,710
Expenses$212,002$74,299$36,498
Qualifying Distributions$193,000$60,241$26,000
Net Investment Income$100,120$27,634$19,655
Distributable Amount$207,606$178,015$81,986

Giving Over Time

Total grant dollars and number of grants per year

$0$48K$97K$145K$193K5 grants202211 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Children First$35KTarrant Area Food Bank$20KVolunteers of America - …$20KGolden Reward Sanctuary$10KCommumity Link - Tarrant…$10KTheater Arlington$10KGirls Inc$10KCommumity Garden Kitchen$8KMeals on Wheels Collin Co$8KBoys Girls Clubs of Coll…$8K

Grant Size Distribution

42 grants across all recorded years

42<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Children First ($35,000), Tarrant Area Food Bank ($20,000), Volunteers of America - Texas ($20,000).

RecipientPurposeAmount
CHILDREN FIRST GRAND PRAIRIE, TXTO FURTHER THE MISSION OF CHILDREN FIRST$35,000
TARRANT AREA FOOD BANK FORT WORTH, TXTO FURTHER THE MISSION OF TARRANT AREA FOOD BANK$20,000
Volunteers of America - Texas Euless, TXTO FURTHER THE MISSION OF Volunteers of America - Texas$20,000
GOLDEN REWARD SANCTUARY WEATERFORD, TXTO FURTHER THE MISSION OF GOLDEN REWARD SANCTUARY$10,450
COMMUMITY LINK - TARRANT CO SAGINAW, TXTO FURTHER THE MISSION OF COMMUNITY LINK - TARRANT CO$10,000
THEATER ARLINGTON ARLINGTON, TXTO FURTHER THE MISSION OF THEATER ARLINGTON$10,000
Girls Inc Fort Worth, TXTO FURTHER THE MISSION OF Girls Inc$10,000
COMMUMITY GARDEN KITCHEN MCKINNEY, TXTO FURTHER THE MISSION OF COMMUNITY GARDEN KITCHEN$8,000
MEALS ON WHEELS COLLIN CO MCKINNEY, TXTO FURTHER THE MISSION OF MEALS ON WHEELS COLLIN CO$7,500
Boys Girls Clubs of Collin County Allen, TXTO FURTHER THE MISSION OF Boys & Girls Clubs of Collin County$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KAREN CATONCO-TRUSTEE——
CATE CARTERCO-TRUSTEE——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Dream Alliance?

Dream Alliance is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCKINNEY, TX. It holds $5.6M in total assets as of 2024.

How large is Dream Alliance?

As of 2024, Dream Alliance holds $5.6M in total assets with $1.8M in annual revenue. It awarded 26 grants totaling $193K in 2024.

Where does Dream Alliance operate?

Dream Alliance has awarded grants in Arizona, District of Columbia, Texas.

What size grants does Dream Alliance award?

In 2024, Dream Alliance awarded 26 grants totaling $193K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Dream Alliance required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Dream Alliance reported a distributable amount of $208K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Dream Alliance's EIN?

Dream Alliance's EIN (Employer Identification Number) is 87-4041858. IRS Form 990 filing data is available on this page for 2022–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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