Team Drea Foundation Inc
The Team Drea Foundation funds bold, innovative research to find a cure or effective treatment for amyotrophic lateral sclerosis (ALS).
Team Drea Foundation Inc at a glance
In short: Team Drea Foundation Inc gave $226K across 2 grants in 2024 (avg $113K), mostly in Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $225,776
- +15.5% vs 2023
- Grants made (2024)
- 2
- -33.3% vs 2023
- Average grant
- $112,888
- +73.2% vs 2023
- Median grant
- $112,888
- Total assets
- $187,480
- -29.7% vs 2023
- Primary geography
- Massachusetts (67% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Team Drea Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was ALS Therapy Development Inst ($151K). Together the top 2 received $226K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 10 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Team Drea Foundation Inc gives
- Giving grew 25% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $180K (2021) to $277K (2022). In 2024 it made 2 grants totaling $226K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $187,480 | $264,352 | $343,505 | $225,776 | 2 |
| 2023 | $266,835 | $301,132 | $254,098 | $195,500 | 3 |
| 2022 | $211,029 | $388,795 | $313,295 | $277,000 | 3 |
| 2021 | $135,535 | $260,617 | $208,894 | $180,000 | 2 |
| 2020 | $83,805 | $181,753 | $180,217 | — | — |
| 2019 | $82,266 | $136,542 | $63,957 | — | — |
About Team Drea Foundation Inc
Based on IRS filings
Team Drea Foundation Inc is a public charity focused on Diseases, Disorders & Medical Disciplines, based in Raleigh, NC. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $187K in total assets. In 2024, it awarded 2 grants totaling $226K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Team Drea Foundation Inc is led by Andrea Peet, President on every filing since 2019; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Andrea Peet
President
On filings since 2019
10 hrs/week
No compensation reported
David Peet
Chairman
On filings since 2019
5 hrs/week
No compensation reported
Ashley Kollme
Secretary
On filings since 2019
1 hr/week
No compensation reported
Douglas Kollme
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Jason Biggs
Member of Board
On filings since 2019
1 hr/week
No compensation reported
Ann Bowen
Member of Board
On filings since 2022
2 hrs/week
No compensation reported
Elizabeth Spitz
Member of Board
On filings since 2022
2 hrs/week
No compensation reported
Jillaine Baker
Member of Board
On filings since 2022
2 hrs/week
No compensation reported
Angela Ayres
Vice Chairwoman
On filings since 2023
1 hr/week
No compensation reported
Former officers (1)
- Former: Angela Ayers (2019–2022) — Vice Chairwoman
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Team Drea Foundation Inc
How much does Team Drea Foundation Inc give each year?
Team Drea Foundation Inc gave $226K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $196K across 3 grants.
How large is Team Drea Foundation Inc?
Team Drea Foundation Inc reported $187K in total assets on its 2024 IRS Form 990. Its revenue that year was $264K.
What is Team Drea Foundation Inc?
Team Drea Foundation Inc is a public charity focused on Diseases, Disorders & Medical Disciplines, based in Raleigh, NC. It holds $187K in total assets as of 2024.
Where does Team Drea Foundation Inc operate?
Team Drea Foundation Inc has awarded grants in Illinois, Massachusetts, North Carolina.
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 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990-EZ for fiscal year 2019 (received by the IRS August 10, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 6, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2020–2024
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