Adair Family Foundation
- Assets
- $42.0m
- Revenue
- $419.1k
- Investments
- $34.6m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 12/2013
- Data as of
- 12/2021
- EIN
- 46-1486106
Organization Overview
Adair Family Foundation is located in Dallas, TX. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Adair 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 12/2021, Adair Family Foundation generated $419.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $4.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Adair Family Foundation has awarded 195 individual grants totaling $6,181,917. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammi L Adair Pres/director | 10 | $0 | |
A Jayson Adair Vp/director | 2 | $0 | |
Garrett Adair Director | 2 | $0 | |
Jacquilyne A Keene Sec./director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500 |
| Interest on Savings | $15,154 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $402,480 |
| Total Revenue | $419,134 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $127,475 |
| Pension plans, employee benefits | $11,522 |
| Interest | $0 |
| Taxes | $15,133 |
| Depreciation | $1,941 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,958 |
| Printing and publications | $0 |
| Other expenses | $11,536 |
| Total operating and administrative expenses | $186,025 |
| Contributions, gifts, grants paid | $3,816,100 |
| Total expenses and disbursements | $4,002,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,456,971 |
| 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 | $5,396,751 |
| Net Land, buildings, and equipment | $4,226 |
| Other assets | $0 |
| Total assets | $42,017,373 |
| Accounts payable and accrued expenses | $7,649 |
| 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 | $7,649 |
Grants Awarded
Over the last fiscal year, Adair Family Foundation has awarded $3,816,100 in support to 87 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL JUSTICE MISSION PURPOSE: FUNDING FOR PROGRAMS IN UGANDA AND INDIA, BOTH FOCUSED ON PROTECTING WOMEN, CHILDREN, AND THOSE IN BONDED AND SEX LABOR | $300,000 |
NATIONAL CHRISTIAN FOUNDATION PURPOSE: FUNDING FOR THE ADAIR FOUNDATION FUND | $230,000 |
CURE INTERNATIONAL PURPOSE: FUNDING FOR CURE HOSPITAL ZAMBIA | $150,000 |
Federal Way, WA PURPOSE: FUNDING FOR "HOPE FOR ZAMBIA" | $150,000 |
Boone, NC PURPOSE: FUNDING FOR "OPERATION HEAL OUR PATRIOTS" | $150,000 |
Lancaster, PA PURPOSE: FUNDING TO SUPPORT LOANS FOR SMALL AND MEDIUM ENTERPRISE SERVICES FOR ENTREPRENEURS | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |