Team Drea Foundation Inc.

The Team Drea Foundation Inc. is a U.S.-based nonprofit organization dedicated to supporting innovative research aimed at finding a cure or effective treatment for Amyotrophic Lateral Sclerosis (ALS). Headquartered in Raleigh, North Carolina, the foundation emphasizes raising awareness about ALS to inspire people to live with courage and appreciate the value of life.

Purpose and Activities

The Team Drea Foundation focuses on funding bold and innovative research projects related to ALS. By supporting these initiatives, the organization seeks to advance understanding and treatment options for this devastating disease. Its mission reflects a broader commitment to enhancing the quality of life for individuals affected by ALS and their families.

Financial Overview

As a public charity, Team Drea Foundation Inc. manages its finances through an annual cycle of revenue collection and expenditure. Recent financial data indicate that the organization has maintained a significant level of revenue and expenditure, with notable contributions to grants supporting ALS research. For instance, in 2023, the foundation contributed $201,000 in grants to support research initiatives[4].

Organizational Status

The Team Drea Foundation operates under U.S. nonprofit regulations, with an Employer Identification Number (EIN) of 81-3938375. Its nonprofit status allows it to receive donations and support from the public to further its mission[2][3].

Community Engagement

By engaging with the community through fundraising efforts and awareness campaigns, Team Drea Foundation Inc. aims to foster a supportive environment for ALS research and care. This includes creating opportunities for individuals to participate in fundraising activities and promoting a culture of appreciation for life[5].