EIN 81-3938375

Team Drea Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2016
Most recent tax filings
2023-12-01
Description
The Team Drea Foundation funds and contributes to bold, innovative research in the search for a cure or effective treatment for ALS. They raise awareness of this devastating disease through media appearances and fundraising events, reaching hundreds of individuals. In 2022, they also wrapped up filming a documentary on ALS. Additionally, TDF contributed $279,000 to other organizations working towards finding a cure for ALS.
Total revenues
$301,132
2023
Total expenses
$254,098
2023
Total assets
$266,835
2023
Num. employees
0
2023

Program areas at Team Drea Foundation

Team Drea Foundation contributes to research organizations to further research a cure for ALS. In 2023, Team Drea Foundation contributed $201,000 to other organizations.
Team Drea Foundation raises awareness to find a cure for ALS. Our message reaches hundreds of individuals through fundraising events and thousands through media appearances. In 2023, our documentary was screened at 10 film festivals, and at approximately 48 other screenings to raise awareness of this devastating disease. In 2023, our founder also published a memoir that sold over 4,000 copies in the calendar year.

Grants made by Team Drea Foundation

GranteeGrant descriptionAmount
ALS Therapy Development Institute (ALS TDI)Research on Therapeutic Treatments$115,000
Duke UniversityResearch on Therapeutic Treatments$75,000
The Als Association - Greater Chicago ChapterResearch on Therapeutic Treatments$5,500

Who funds Team Drea Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$20,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$11,379
Schwab Charitable FundHealth$8,000
...and 3 more grants received

Personnel at Team Drea Foundation

NameTitleCompensation
Andrea PeetPresident$0
Douglas KollmeTreasurer$0
Ashley KollmeSecretary$0
David PeetChairman$0
Angela AyresVice Chairwoman$0

Financials for Team Drea Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$343,988
Program services$7,020
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-75,141
Net income from gaming activities$0
Net income from sales of inventory$25,265
Miscellaneous revenues$0
Total revenues$301,132

Form 990s for Team Drea Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-08990View PDF
2022-122023-08-11990View PDF
2021-122022-07-06990View PDF
2020-122021-08-16990EZView PDF
2019-122020-09-24990EZView PDF
...and 1 more Form 990
Data update history
December 26, 2024
Updated personnel
Identified 1 new personnel
October 22, 2024
Received grants
Identified 2 new grant, including a grant for $6,334 from Howard Perry and Walston Foundation
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $6,500 from National Christian Foundation / Natl Christian Charitable FDN Inc
September 29, 2023
Updated personnel
Identified 3 new personnel
September 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsDisease research fundraisersDisease-focused nonprofitsCharities
Issues
HealthDiseases and disorders
Characteristics
Conducts researchFundraising eventsPeer-to-peer fundraisingFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2004 Flagstone Pl
Raleigh, NC 27612
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
teamdrea.org/ 
Phone
(828) 228-1334
IRS details
EIN
81-3938375
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
G50: Nerve, Muscle, and Bone Diseases
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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