Doug And Tamra Adams Family Foundation
- Assets
- $473.9k
- Revenue
- $38.6k
- Investments
- $433.2k
- Employees
- 0
- Location
- Maidens, VA
- Founding
- 09/2010
- Data as of
- 05/2022
- 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 05/2022, Doug And Tamra Adams Family Foundation generated $38.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $39.5k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Doug And Tamra Adams Family Foundation has awarded 67 individual grants totaling $108,370. 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 | $12,801 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,806 |
| Capital Gain Net Income | $25,806 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,607 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $546 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,187 |
| Contributions, gifts, grants paid | $28,300 |
| Total expenses and disbursements | $39,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,702 |
| 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 | $99,775 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $473,918 |
| 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 $28,300 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
MAGGIE L WALKER GOVERNOR'S SCHOOL FOUNDATION PURPOSE: GENERAL PURPOSE | $10,000 |
GOOCHLAND HIGH SCHOOL PTSA PURPOSE: GENERAL PURPOSE | $3,500 |
ALPHA 1 PURPOSE: GENERAL PURPOSE | $2,000 |
YMCA OF GREATER RICHMOND PURPOSE: GENERAL PURPOSE | $1,500 |
VPM MEDIA CORPORATION PURPOSE: GENERAL PURPOSE | $1,200 |
ST MATTHEWS UMC PURPOSE: GENERAL PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |
Tidewater Jewish Foundation Inc Virginia Beach, VA | $49,573,361 | $8,475,302 |
United Way Of Greater Greensboro Inc Greensboro, NC | $24,991,408 | $6,519,162 |
United Way Of North Carolina Cary, NC | $2,955,432 | $7,770,294 |
Greensboro Jewish Federation Greensboro, NC | $41,635,209 | $6,136,419 |
Whas Crusade For Children Inc Louisville, KY | $38,851,590 | $9,353,185 |
Quest Services Inc Morganfield, KY | $5,395,343 | $6,034,534 |
United Jewish Fed Endow Fd Tr Rev 63418202 Virginia Beach, VA | $11,572,026 | $8,665,477 |
United Way Of Asheville & Buncombe County Inc Asheville, NC | $8,337,035 | $6,101,037 |
United Way Of Roanoke Valley Inc Roanoke, VA | $7,671,992 | $5,417,169 |
United Way Of Southwest Virginia Abingdon, VA | $2,938,004 | $4,536,393 |
Asian Hope Forest, VA | $2,771,563 | $4,911,610 |