Dream Alliance
Dream Alliance is a private foundation based in McKinney, Texas, that reported $193,000 in grants to 26 recipients in 2024. Its filing describes $35,000 in contributions to Children First for counseling of low-income children and $158,000 to 10 other Dallas–Fort Worth charities.
Dream Alliance at a glance
In short: Dream Alliance gave $193K across 26 grants in 2024 (avg $7K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $193,000
- +220.4% vs 2023
- Grants made (2024)
- 26
- +136.4% vs 2023
- Average grant
- $7,423
- +35.5% vs 2023
- Median grant
- $7,500
- Total assets
- $5,644,814
- +50.9% vs 2023
- Primary geography
- Texas (97% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Dream Alliance
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 387, Mckinney, TX 75070
Phone: (972) 562-0777
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Dream Alliance funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Children First ($35K). Together the top 10 received $138K.
Grant Size Distribution
42 grants across all recorded years
The most common grant size was under $50K: 42 grants of 42 (100%).
Geographic Focus
Where this funder awards grants
In 2024, the reported share of grant dollars by recipient state was 97% to Texas, 3% to Arizona, and 1% to Washington, D.C. The foundation also states that it made $158,000 in contributions to 10 other Dallas–Fort Worth charities.
Grant Distribution by State
Share of 2024 grant dollars across all 26 itemized grants.
Cities
How Dream Alliance gives
- 35% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $26K (2022) to $193K (2024). In 2024 it made 26 grants totaling $193K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Children First Grand Prairie, TX | To Further the Mission of Children First | $35,000 |
| Tarrant Area Food Bank Fort Worth, TX | To further the mission of tarrant area food bank | $20,000 |
| Volunteers of America - Texas Euless, TX | TO FURTHER THE MISSION OF Volunteers of America - Texas | $20,000 |
| Golden Reward Sanctuary Weaterford, TX | To Further the Mission of Golden Reward Sanctuary | $10,450 |
| Commumity Link - Tarrant CO Saginaw, TX | To further the mission of community link - tarrant co | $10,000 |
| Theater Arlington Arlington, TX | To Further the Mission of Theater Arlington | $10,000 |
| Girls Inc Fort Worth, TX | TO FURTHER THE MISSION OF Girls Inc | $10,000 |
| Commumity Garden Kitchen McKinney, TX | To Further the Mission of Community Garden Kitchen | $8,000 |
| Meals on Wheels Collin CO McKinney, TX | To further the mission of meals on wheels collin co | $7,500 |
| Boys Girls Clubs of Collin County Allen, TX | TO FURTHER THE MISSION OF Boys & Girls Clubs of Collin County | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $5,644,814 | $1,802,249 | $212,002 | $193,000 | 26 | $193,000 | $100,120 | $207,606 |
| 2023 | $3,739,755 | $25,240 | $74,299 | $60,241 | 11 | $60,241 | $27,634 | $178,015 |
| 2022 | $3,638,212 | $3,674,710 | $36,498 | $26,000 | 5 | $26,000 | $19,655 | $81,986 |
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.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for Dream Alliance is provided. Its 2024 grants show support for organizations with a range of charitable activities. For example, Children First describes its mission as providing therapeutic services to individuals and families; Tarrant Area Food Bank says its mission is to empower the community to alleviate hunger and improve health. Community Lifeline Center describes providing Collin County residents with basic critical resources, while Streetside Showers says it makes showers and personal hygiene care available to people experiencing homelessness. Other listed recipients include youth organizations, animal welfare groups, and an arts organization.
Grantmaking
In 2024, Dream Alliance reported 26 grants totaling $193,000. Grants ranged from $500 to $35,000, with a median of $7,500. The largest grants included $35,000 to Children First, $20,000 each to Tarrant Area Food Bank and Volunteers of America - Texas, and $10,000 each to Community Link - Tarrant County, Theater Arlington, and Girls Inc. Other reported grants included $8,000 to Community Garden Kitchen and $7,500 each to Meals on Wheels Collin County, Boys & Girls Clubs of Collin County, Community Food Pantry of McKinney, and Community Lifeline Center.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Karen Caton and Cate Carter as co-trustees.
Dream Alliance's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Karen Caton
Co-Trustee
On filings since 2022
No compensation reported
Cate Carter
Co-Trustee
On filings since 2023
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Dream Alliance
How much does Dream Alliance give each year?
Dream Alliance gave $193K across 26 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $60K across 11 grants.
What is Dream Alliance's typical grant size?
Dream Alliance's median grant in 2024 was $7,500, and its average grant was $7,423, across 26 grants on its 2024 IRS Form 990-PF.
Where does Dream Alliance give grants?
Dream Alliance gives mostly in Texas: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were McKinney, TX (6 grants) and Fort Worth, TX (4 grants).
Does Dream Alliance give general operating support?
Not in 2024: none of the 26 grants with a stated purpose on Dream Alliance's 2024 IRS Form 990-PF were described as general or operating support.
Who are Dream Alliance's largest grantees?
Dream Alliance's largest 2024 grantees include Children First ($35,000), Tarrant Area Food Bank ($20,000) and Volunteers of America - Texas ($20,000), according to its 2024 IRS Form 990-PF. Together they received 39% of its itemized 2024 grant dollars.
How large is Dream Alliance?
Dream Alliance reported $5.6M in total assets on its 2024 IRS Form 990-PF. It paid out $193K in qualifying distributions that year, against a required minimum of $208K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Dream Alliance fund?
No mission statement for Dream Alliance is provided. Its 2024 grants show support for organizations with a range of charitable activities. See mission & focus areas ↑
How do I apply for a grant from Dream Alliance?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Dream Alliance accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
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Cite this profile
Grantable. (2026). Dream Alliance funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/dream-alliance-morg_c909e877be6e43f3be37677314da6c94
BibTeX
@misc{grantable_874041858_2026,
author = {{Grantable}},
title = {{Dream Alliance funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/dream-alliance-morg_c909e877be6e43f3be37677314da6c94},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Dream Alliance's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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