//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Dreams R Us Foundation is a private trust based in COLORADO SPGS, CO. The foundation received its IRS ruling in 1995. It holds total assets of $15.5M. Annual income is reported at $5.3M. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York, New Jersey and Pennsylvania. According to available records, Dreams R Us Foundation has made 73 grants totaling $3.2M, with a median grant of $38K. The foundation has distributed between $764K and $1.7M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.7M distributed across 36 grants. Individual grants have ranged from $500 to $150K, with an average award of $44K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, New Jersey, which account for 95% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$36K
Average Grant
$46K
Largest Grant
$150K
Based on 16 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Dreams R Us Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 73 grants. Its grantmaking reaches organizations primarily in NY, PA, NJ.
Dreams R Us Foundation has distributed a total of $3.2M across 73 grants. The median grant size is $38K, with an average of $44K. Individual grants have ranged from $500 to $150K.
Dreams R Us Foundation typically selects its grantees rather than accepting unsolicited proposals.
Dreams R Us Foundation is headquartered in COLORADO SPGS, CO. While based in CO, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Meghan E Pace | TRUSTEE | $27K | $0 | $27K |
| Alicia Pace Webb | TRUSTEE | $27K | $0 | $27K |
| Kerry A Pace-Mcveigh | TRUSTEE | $27K | $0 | $27K |
Total Giving
$965K
Total Assets
$15.5M
Fair Market Value
$14.7M
Net Worth
$15.5M
Grants Paid
$764K
Contributions
N/A
Net Investment Income
$610K
Distribution Amount
$702K
Total: $6.6M
Total Grants
73
Total Giving
$3.2M
Average Grant
$44K
Median Grant
$38K
Unique Recipients
22
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sisters Of St JosephGENERAL CONTRIBUTION | Philadelphia, PA | $800 | 2023 |
| Covenant HouseGENERAL CONTRIBUTION | New York, NY | $150K | 2022 |
| Covenant House Of New YorkGENERAL CONTRIBUTION | New York, NY | $150K | 2023 |
| United Way Of Long IslandGENERAL CONTRIBUTION | Deer Park, NY | $100K | 2023 |
| Little Flower Children And Family ServicesGENERAL CONTRIBUTION | Brooklyn, NY | $65K | 2023 |
| Our Lady Of Mercy AcademyGENERAL CONTRIBUTION | Syosset, NY | $62K | 2023 |
| Farms For City Kids FoundationGENERAL CONTRIBUTION | Port Washington, NY | $50K | 2023 |
| Dancing Classrooms PhillyGENERAL CONTRIBUTION | Philadelphia, PA | $50K | 2023 |
| MusicopiaGENERAL CONTRIBUTION | Philadelphia, PA | $50K | 2023 |
| EmbrellaGENERAL CONTRIBUTION | Princeton, NJ | $40K | 2023 |
| Our Lady Of The HamptonsGENERAL CONTRIBUTION | Southampton, NY | $38K | 2023 |
| Friendship Center For New BeginningsGENERAL CONTRIBUTION | Flemington, NJ | $30K | 2023 |
| The Basilica Church Of The Sacred Heart Of Jesus And MaryGENERAL CONTRIBUTION | Southampton, NY | $26K | 2023 |
| Mercy Center MinistriesGENERAL CONTRIBUTION | Patchogue, NY | $25K | 2023 |
| The PlaceGENERAL CONTRIBUTION | Colorado Springs, CO | $20K | 2023 |
| Timothy Christian SchoolGENERAL CONTRIBUTION | Piscataway, NJ | $17K | 2023 |
| The Butterfly Effect ProjectGENERAL CONTRIBUTION | Riverhead, NY | $16K | 2023 |
| Anchor HouseGENERAL CONTRIBUTION | Trenton, NJ | $10K | 2023 |
| Hazlet Township Public SchoolsGENERAL CONTRIBUTION | Hazlet, NJ | $10K | 2023 |
| Catholic Near East Welfare AssociationGENERAL CONTRIBUTION | New York, NY | $5K | 2023 |
| Ancor HouseGENERAL CONTRIBUTION | Trenton, NJ | $15K | 2022 |