Dreams R Us Foundation is a private foundation based in Shoreham, New York, established in December 1995. The foundation operates as a non-operating private foundation with a focus on philanthropic grantmaking to preselected charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.5M
+0.2% YoY
Annual Giving
$712K
-6.8% YoY
Grant Count
15
-21.1% YoY
Avg Grant Size
$47K
+18.1% YoY
Mission & Focus Areas
The foundation supports initiatives in the following areas:
- Education
- Religion (with emphasis on Christianity and Catholicism)
- Human services
- Philanthropy and nonprofit support
Grantmaking
The foundation indicates it "only makes contributions to preselected charitable organizations," meaning unsolicited applications are not accepted. The foundation does not maintain a publicly listed website.
Grant Range
$27,000
Average Grant
amount: approximately $162,000 (based on total distributions)
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- New Jersey
- Pennsylvania
- Colorado
Specific cities where funding has been directed include Brentwood, Brooklyn, and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
| Metric | Amount |
|---|---|
| Total Assets | $15,541,873 |
| Total Distributions | $712,160 |
| Total Revenues | $1,079,253 |
| Total Expenses | $932,449 |
| Investment Income | $617,822 |
| Grants & Contributions Received | $45,945 |
Historical Context:
- The foundation has distributed between $764,000 and $1.7 million annually in recent years
- Highest grantmaking activity occurred in 2022 with $1.7 million distributed across 36 grants
- The foundation has supported 22 unique organizations over its history
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,541,873 | $15,505,233 | $16,222,211 |
| Revenue | $1,079,253 | $279,320 | $657,059 |
| Expenses | $932,449 | $965,167 | $1,059,516 |
| Qualifying Distributions | $712,160 | $763,916 | $835,640 |
| Net Investment Income | $907,727 | $609,958 | $559,769 |
| Distributable Amount | $756,178 | $702,054 | $745,976 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
86 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by three trustees:
- Meghan E. Pace – Trustee (2 hours/week, $29,000 annual compensation)
- Kerry A. Pace-McVeigh – Trustee (2 hours/week, $29,000 annual compensation)
- Alicia Pace Webb – Trustee (2 hours/week, $29,000 annual compensation)
The foundation is supported by the Estate of Benedict G. Pace and operates with limited paid staffing.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MEGHAN E PACE | TRUSTEE | 2 | $28,906 |
| KERRY A PACE-MCVEIGH | TRUSTEE | 2 | $28,906 |
| ALICIA PACE WEBB | TRUSTEE | 2 | $28,906 |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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