Team Drea Foundation Inc logo

Team Drea Foundation Inc

RALEIGH, NC EIN: 81-3938375 Website

The Team Drea Foundation funds bold, innovative research to find a cure or effective treatment for amyotrophic lateral sclerosis (ALS).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$187K

-29.7% YoY

Annual Giving

$226K

+15.5% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$113K

+73.2% YoY

About Team Drea Foundation Inc

Based on IRS filings

Team Drea Foundation Inc is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $187K in total assets. In 2024, it awarded 2 grants totaling $226K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

CambridgeChicagoDurhamSeekonkWatertown

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$107K$214K$321K$428K20202021202220232024
Metric202420232022
Total Assets$187,480$266,835$211,029
Revenue$264,352$301,132$388,795
Expenses$343,505$254,098$313,295
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$69K$139K$208K$277K0 grants20202 grants20213 grants20223 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

ALS Therapy Development …$151KDuke University$75K

Grant Size Distribution

10 grants across all recorded years

3<$50K3$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include ALS Therapy Development Inst ($150,776), Duke University ($75,000).

RecipientPurposeAmount
ALS Therapy Development Inst Watertown, MAResearch on therapeutic treatments$150,776
Duke University Durham, NCResearch on therapeutic treatments$75,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
David PeetChairman5
Angela AyresVice Chairwoman1
Ashley KollmeSecretary1
Douglas KollmeTreasurer1
Jason BiggsMember of Board1
Elizabeth SpitzMember of Board2
Jillaine BakerMember of Board2
Ann BowenMember of Board2
Andrea PeetPresident10

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Team Drea Foundation Inc?

Team Drea Foundation Inc is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in RALEIGH, NC. It holds $187K in total assets as of 2024.

How large is Team Drea Foundation Inc?

As of 2024, Team Drea Foundation Inc holds $187K in total assets with $264K in annual revenue. It awarded 2 grants totaling $226K in 2024.

Where does Team Drea Foundation Inc operate?

Team Drea Foundation Inc has awarded grants in Illinois, Massachusetts, North Carolina.

What size grants does Team Drea Foundation Inc award?

In 2024, Team Drea Foundation Inc awarded 2 grants totaling $226K — an average of about $113K per grant, based on its IRS Form 990 filings.

What is Team Drea Foundation Inc's EIN?

Team Drea Foundation Inc's EIN (Employer Identification Number) is 81-3938375. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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