Dream Incubator
Dream Incubator is a private foundation based in Washington, DC. Its 2025 filing describes direct charitable activity through the Community Business School, which provides free business education and entrepreneurship training to underserved populations, along with mentoring, networking, and access to resources.
Dream Incubator at a glance
In short: Dream Incubator gave $26K across 46 grants in 2025 (avg $569.978), mostly in District of Columbia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $26,219
- -33.3% vs 2024
- Grants made (2025)
- 46
- -37.0% vs 2024
- Average grant
- $570
- +5.8% vs 2024
- Median grant
- $500
- Total assets
- $46,968
- -59.5% vs 2024
- Primary geography
- District of Columbia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Dream Incubator
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 4419 A St Se, Washington, DC 20019-4356
Phone: (877) 829-5500
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Dream Incubator funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Industrial Bank ($6K). Together the top 10 received $14K.
Grant Size Distribution
130 grants across all recorded years
The most common grant size was under $50K: 130 grants of 130 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Washington, DC.
Grant Distribution by State
Share of 2025 grant dollars across all 46 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $2K (2023) to $39K (2024). In 2025 it made 46 grants totaling $26K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Industrial Bank Washington, DC | Contributed provided | $6,100 |
| Coretta Johnson Washington, DC | Contributed provided | $1,000 |
| Bernard Anderson Washington, DC | Contributed provided | $1,000 |
| Danielle Butler Washington, DC | Contributed provided | $1,000 |
| Rebecca Crouch Washington, DC | Contributed provided | $1,000 |
| Brian Williams Washington, DC | Contributed provided | $1,000 |
| Wilver Velazquez Washington, DC | Contributed provided | $760 |
| Jourdan Atkinson Washington, DC | Contributed provided | $700 |
| Robert Stanley Washington, DC | Contributed provided | $600 |
| DC Govt for recipients Washington, DC | Contributed provided | $550 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2025 | $46,968 | $219,347 | $288,261 | $26,219 | 46 | $208,046 |
| 2024 | $115,882 | $591,025 | $479,574 | $39,316 | 73 | $309,651 |
| 2023 | $4,431 | $97,038 | $92,607 | $2,000 | 11 | $92,607 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated direct charitable activity is providing free business education and entrepreneurship training to underserved populations through the Community Business School. Workshops, seminars, and mentoring help participants learn skills to start and grow businesses, while networking opportunities and access to resources support their entrepreneurial efforts.
Grantmaking
In 2025, the foundation reported 46 grants totaling $26,219. Grant amounts ranged from $99 to $6,100, with a median of $500. The largest listed grant was $6,100 to Industrial Bank in Washington, DC. Other listed grants included awards to individual recipients.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Angel Gregorio as President, Christian Richardson as Vice President, Jerri Evans as Secretary, and Arsha Jones as Treasurer.
Dream Incubator is led by Angel Gregorio, President on every filing since 2022; 1 of 4 officers listed in 2025 is compensated.
Officers on the 2025 filing
Angel Gregorio
President
On filings since 2022
40 hrs/week
$161K (2024) → $70K (2025)
Arsha Jones
Treasurer
On filings since 2022
1 hr/week
No compensation reported
Christian Richardson
Vice President
On filings since 2022
1 hr/week
No compensation reported
Jerri Evans
Secretary
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: Neidy E Hornsby (2022) — Registered Agent
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $70K, to Angel Gregorio (President).
Frequently asked questions about Dream Incubator
How much does Dream Incubator give each year?
Dream Incubator gave $26K across 46 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $39K across 73 grants.
What is Dream Incubator's typical grant size?
Dream Incubator's median grant in 2025 was $500, and its average grant was $570, across 46 grants on its 2025 IRS Form 990-PF.
Where does Dream Incubator give grants?
Dream Incubator gives mostly in District of Columbia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Washington, DC (46 grants).
Does Dream Incubator give general operating support?
Not in 2025: none of the 46 grants with a stated purpose on Dream Incubator's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Contributed provided" (46 grants).
Who are Dream Incubator's largest grantees?
Dream Incubator's largest 2025 grantees include Industrial Bank ($6,100), DC Govt for recipients ($1,066 across 4 grants) and Coretta Johnson ($1,000), according to its 2025 IRS Form 990-PF. Together they received 31% of its itemized 2025 grant dollars.
How large is Dream Incubator?
Dream Incubator reported $47K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $219K.
What does Dream Incubator fund?
The foundation’s stated direct charitable activity is providing free business education and entrepreneurship training to underserved populations through the Community Business School. See mission & focus areas ↑
How do I apply for a grant from Dream Incubator?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Dream Incubator's EIN?
Dream Incubator's EIN (Employer Identification Number) is 85-4062664. IRS Form 990 filing data is available on this page for 2022–2025.
Does Dream Incubator 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
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2022–2024
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Figures come from Dream Incubator'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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