Dreams R US Foundation
Dreams R US Foundation is a private foundation based in Shoreham, New York. Its 2025 filing reports grants to charitable organizations, and the foundation states that it makes contributions only to preselected charitable organizations.
Dreams R US Foundation at a glance
In short: Dreams R US Foundation gave $745K across 17 grants in 2025 (avg $44K), mostly in New York. 12% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $744,578
- +4.6% vs 2024
- Grants made (2025)
- 17
- +13.3% vs 2024
- Average grant
- $43,799
- -7.7% vs 2024
- Median grant
- $25,000
- Total assets
- $18,822,851
- +21.1% vs 2024
- New grantees (estimate)
- 12% first-time grantees (2 of 17, 2025; small sample)
- Primary geography
- New York (74% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Dreams R US Foundation
- 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: 7 East Street, Shoreham, NY 11786
Phone: (719) 375-1693
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Dreams R US Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Covenant House of New York ($150K). Together the top 10 received $652K.
Grant Size Distribution
87 grants across all recorded years
The most common grant size was under $50K: 54 grants of 87 (62%).
Geographic Focus
Where this funder awards grants
In 2025, 74% of grant dollars went to recipients in New York, 13% to Pennsylvania, 9% to New Jersey, and 3% to Colorado.
Grant Distribution by State
Share of 2025 grant dollars across all 17 itemized grants.
Cities
Is Dreams R US Foundation open to new grantees?
12%
first-time grantees, 2025
In 2025, 2 of 17 grantees (12%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $14K; repeat grants $48K. How we count
Medians: $14K first-time, $26K repeat.
- 88% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−11%). Method
- In 2025 it paid out 88% 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 (2020–2025). 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 2020 to 2025, annual grant giving ranged from $712K (2024) to $836K (2022). In 2025 it made 17 grants totaling $745K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Covenant House of New York New York, NY | General Contribution | $150,000 |
| United Way of Long Island Deer Park, NY | General Contribution | $125,000 |
| Musicopia Philadelphia, PA | General Contribution | $100,000 |
| Little Flower Children and Family Services Brooklyn, NY | General Contribution | $75,000 |
| Farms for City Kids Foundation Port Washington, NY | General Contribution | $50,000 |
| Embrella Princeton, NJ | General Contribution | $39,000 |
| Our Lady of the Hamptons Southampton, NY | General Contribution | $37,600 |
| The Butterfly Effect Project Riverhead, NY | General Contribution | $25,800 |
| The Place Colorado Springs, CO | General Contribution | $25,000 |
| Mercy Center Ministries Patchogue, NY | General Contribution | $25,000 |
Ready to take the next step with Dreams R US Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $18,822,851 | $4,142,668 | $972,506 | $744,578 | 17 | $744,578 | $852,414 | $850,414 |
| 2024 | $15,541,873 | $1,079,253 | $932,449 | $712,160 | 15 | $712,160 | $907,727 | $756,178 |
| 2023 | $15,505,233 | $279,320 | $965,167 | $763,916 | 19 | $763,916 | $609,958 | $702,054 |
| 2022 | $16,222,211 | $657,059 | $1,059,516 | $835,640 | 18 | $835,640 | $559,769 | $745,976 |
| 2021 | $16,620,968 | $1,291,461 | $1,019,909 | $779,982 | 18 | $779,982 | $1,151,302 | $839,587 |
| 2020 | $16,391,100 | $-588,630 | $925,944 | $733,330 | 16 | — | $509,776 | $776,940 |
Under IRS private-foundation payout rules, Dreams R US Foundation reported a distributable amount of $850K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grantees describe work that includes human services, youth support, and music education. For example, United Way of Long Island says it convenes community partners to address income, education, and health needs, including urgent needs such as food, housing, health, and heat. Musicopia says its mission is to provide equitable access to music education and enrichment for pre-K–12 students and their communities.
Other grantees describe services for families and youth. Embrella says it provides advocacy and programs to help families and youth thrive; The Place says it serves youth experiencing or at risk of homelessness; and Mercy Center Ministries says it provides shelter and support to homeless women who are single, pregnant, and/or parenting. The Butterfly Effect Project says it empowers young girls, while Anchor House says it serves young people experiencing abuse, neglect, homelessness, or aging out of the child welfare system.
Grantmaking
In filing year 2025, the foundation reported 17 grants totaling $744,578. Grants ranged from $5,000 to $150,000, with a median of $25,000. Its largest reported grants included Covenant House of New York ($150,000), United Way of Long Island ($125,000), Musicopia ($100,000), Little Flower Children and Family Services ($75,000), and Farms for City Kids Foundation ($50,000). The stated purposes for these grants were general contributions.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Meghan E. Pace, Kerry A. Pace-McVeigh, and Alicia Pace Webb as trustees.
Dreams R US Foundation's 2025 filing lists 3 officers; all 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
Alicia Pace Webb
Trustee
On filings since 2020
2 hrs/week
$28K (2020) → $31K (2025)
Kerry A. Pace-McVeigh
Trustee
On filings since 2020
2 hrs/week
$28K (2020) → $31K (2025)
Meghan E. Pace
Trustee
On filings since 2020
2 hrs/week
$28K (2020) → $31K (2025)
Data from IRS Form 990 filings, 2020–2025. "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 $31K, to Meghan E Pace (Trustee). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Dreams R US Foundation
How much does Dreams R US Foundation give each year?
Dreams R US Foundation gave $745K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $712K across 15 grants.
What is Dreams R US Foundation's typical grant size?
Dreams R US Foundation's median grant in 2025 was $25,000, and its average grant was $43,799, across 17 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Dreams R US Foundation that year got $14K on average.
Where does Dreams R US Foundation give grants?
Dreams R US Foundation gives mostly in New York: 74% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Pennsylvania (13%) and New Jersey (9%). The most frequent recipient cities were New York, NY (2 grants) and Southampton, NY (2 grants).
Does Dreams R US Foundation give general operating support?
Yes: 100% of Dreams R US Foundation's 2025 grants with a stated purpose (17 of 17) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Dreams R US Foundation's largest grantees?
Dreams R US Foundation's largest 2025 grantees include Covenant House of New York ($150,000), United Way of Long Island ($125,000) and Musicopia ($100,000), according to its 2025 IRS Form 990-PF. Together they received 50% of its itemized 2025 grant dollars.
How large is Dreams R US Foundation?
Dreams R US Foundation reported $18.8M in total assets on its 2025 IRS Form 990-PF. It paid out $745K in qualifying distributions that year, against a required minimum of $850K (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 Dreams R US Foundation fund?
No mission statement for the foundation is provided. Its 2025 grantees describe work that includes human services, youth support, and music education. See mission & focus areas ↑
How do I apply for a grant from Dreams R US Foundation?
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 Dreams R US Foundation's EIN?
Dreams R US Foundation's EIN (Employer Identification Number) is 11-6458173. IRS Form 990 filing data is available on this page for 2020–2025.
Does Dreams R US Foundation 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 September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 27, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 24, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
Explore Open Grants
Browse active grant opportunities in Dreams R US Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Dreams R US Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/dreams-r-us-foundation-morg_59fb2263b4b649ffbdbd466f9698d016
BibTeX
@misc{grantable_116458173_2026,
author = {{Grantable}},
title = {{Dreams R US Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/dreams-r-us-foundation-morg_59fb2263b4b649ffbdbd466f9698d016},
note = {Accessed 2026-10-13. 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 Dreams R US Foundation'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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