Adams Family Foundation
- Assets
- $54.1m
- Revenue
- $6.1m
- Investments
- $48.5m
- Employees
- 0
- Location
- Naples, FL
- Founding
- 06/2013
- Data as of
- 12/2023
- EIN
- 46-1605016
Organization Overview
Adams Family Foundation is located in Naples, FL. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. 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 12/2023, Adams Family Foundation generated $6.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Adams Family Foundation has awarded 219 individual grants totaling $20,445,000. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick F Adams Trustee | 1 | $0 | |
Nannette Hendel Co-Trustee/director Of Philanthropy | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $874,039 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,260,305 |
| Capital Gain Net Income | $5,260,305 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$18,323 |
| Total Revenue | $6,116,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $98,411 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $55,877 |
| Total operating and administrative expenses | $293,436 |
| Contributions, gifts, grants paid | $2,611,000 |
| Total expenses and disbursements | $2,904,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $5,654,104 |
| 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 | $832,296 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $54,128,697 |
| 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, Adams Family Foundation has awarded $2,611,000 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHDIOCESE FOR THE MILITARY SERVICES PURPOSE: FOR MISSION SUPPORT | $25,000 |
AMERICAN HUMANE PURPOSE: FOR MISSION SUPPORT | $10,000 |
BOYS TOWN PURPOSE: FOR MISSION SUPPORT | $25,000 |
CARDINAL HAYES HOME FOR CHILDREN PURPOSE: FOR MISSION SUPPORT | $10,000 |
CATHOLIC CHARITIES HAWAII PURPOSE: FOR MISSION SUPPORT | $10,000 |
CATHOLIC MEDICAL MISSION BOARD PURPOSE: FOR MISSION SUPPORT | $125,000 |