Team Drea Foundation Inc
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| ALS Therapy Development Inst Watertown, MA | Research on therapeutic treatments | $150,776 |
| Duke University Durham, NC | Research on therapeutic treatments | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David Peet | Chairman | 5 | — |
| Angela Ayres | Vice Chairwoman | 1 | — |
| Ashley Kollme | Secretary | 1 | — |
| Douglas Kollme | Treasurer | 1 | — |
| Jason Biggs | Member of Board | 1 | — |
| Elizabeth Spitz | Member of Board | 2 | — |
| Jillaine Baker | Member of Board | 2 | — |
| Ann Bowen | Member of Board | 2 | — |
| Andrea Peet | President | 10 | — |
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.
Explore Open Grants
Browse active grant opportunities in Team Drea Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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