Adcock Family Foundation
- Assets
- $316.8k
- Revenue
- $120.2k
- Investments
- $201.0k
- Employees
- 0
- Location
- Conway, AR
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 46-4023511
Organization Overview
Adcock Family Foundation is located in Conway, AR. The organization was established in 2014. 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. Adcock 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, Adcock Family Foundation generated $120.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $228.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Adcock Family Foundation has awarded 127 individual grants totaling $2,343,854. 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 |
|---|---|---|---|
Matthew Barnhardt President | 0 | $0 | |
Beau Wilcox Secretary | 0 | $0 | |
Robert H Adcock Jr Director | 0 | $0 | |
JD Gray Director | 0 | $0 | |
Ryke Dismuke Director | 0 | $0 | |
Miles Smith Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $95,140 |
| Interest on Savings | $806 |
| Dividends & Interest | $6,805 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,492 |
| Capital Gain Net Income | $17,492 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $408 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,258 |
| Contributions, gifts, grants paid | $223,000 |
| Total expenses and disbursements | $228,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $115,850 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $316,800 |
| 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, Adcock Family Foundation has awarded $473,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
LONGWOOD UNIVERSITY PURPOSE: EDUCATIONAL | $2,000 |
UNITED WAY OF FAULKNER COUNTY PURPOSE: CHARITABLE-FOR PROGRAMS | $21,000 |
CONWAY REGIONAL HEALTH FOUNDATION PURPOSE: CHARITABLE | $10,000 |
CITY OF HOPE OUTREACH PURPOSE: CHARITABLE | $42,000 |
HAVEN PURPOSE: CHARITABLE-FOR PROGRAMS | $1,000 |
HENDRIX COLLEGE PURPOSE: EDUCATIONAL | $1,000 |