Doug And Tamra Adams Family Foundation
- Assets
- $441.3k
- Revenue
- $9.4k
- Investments
- $410.5k
- Employees
- 0
- Location
- Maidens, VA
- Founding
- 09/2010
- Data as of
- 05/2023
- EIN
- 26-3862362
Organization Overview
Doug And Tamra Adams Family Foundation is located in Maidens, VA. The organization was established in 2010. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Doug And Tamra Adams Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, Doug And Tamra Adams Family Foundation generated $9.4k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $42.1k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Doug And Tamra Adams Family Foundation has awarded 63 individual grants totaling $115,110. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Adams President | 0 | $0 | |
Tamra Adams Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,024 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,610 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,414 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $104 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24 |
| Total operating and administrative expenses | $9,868 |
| Contributions, gifts, grants paid | $32,200 |
| Total expenses and disbursements | $42,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,788 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $109,242 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $441,264 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Doug And Tamra Adams Family Foundation has awarded $32,200 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BON SECOURS RICHMOND HEALTHCARE FOUNDATION PURPOSE: GENERAL PURPOSE | $2,500 |
CARING CLOTHES CLOSET RVA PURPOSE: GENERAL PURPOSE | $1,000 |
CENTREVILLE VA FIRE & RESCUE PURPOSE: GENERAL PURPOSE | $500 |
COURTHOUSE VOL FIRE & RESCUE PURPOSE: GENERAL PURPOSE | $500 |
GOOCHLAND CASA PURPOSE: GENERAL PURPOSE | $1,000 |
GOOCHLAND HIGH SCHOOL PTSA PURPOSE: GENERAL PURPOSE | $9,000 |