Tom And Mayumi Adams Family Foundation
- Assets
- $1.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Huntington Beach, CA
- Founding
- 10/2015
- Data as of
- 12/2022
- EIN
- 47-3770855
Organization Overview
Tom And Mayumi Adams Family Foundation is located in Huntington Beach, CA. The organization was established in 2015. 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. Tom And Mayumi 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 12/2022, Tom And Mayumi Adams Family Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 28.6% each year . All expenses for the organization totaled $994.3k during the year ending 12/2022. While expenses have increased by 32.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tom And Mayumi Adams Family Foundation has awarded 78 individual grants totaling $4,627,850. 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 |
|---|---|---|---|
Thomas R Adams President & CEO | 2 | $0 | |
Mayumi Murakami Secretary | 2 | $0 | |
Patty Enna CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,120,000 |
| Interest on Savings | $3 |
| 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 | $0 |
| Total Revenue | $1,120,003 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $297 |
| Total operating and administrative expenses | $297 |
| Contributions, gifts, grants paid | $994,000 |
| Total expenses and disbursements | $994,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,279,399 |
| Savings and temporary cash investments | $30,022 |
| 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 | $1,309,421 |
| 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, Tom And Mayumi Adams Family Foundation has awarded $994,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
HBPDF CONSTABLE CLASS PURPOSE: TO IMPROVE THE LIVES OF CRITICALLY ILL CHILDREN AND THEIR LOW-INCOME FAMILIES THROUGH FINANCIAL SUPPORT. | $3,000 |
UNIVERSITY OF MIAMI ATHLETICS PURPOSE: TO DEVELOP AND SUPPORT IT'S STUDENT-ATHLETES IN THEIR EFFORTS TO ACHIEVE PERSONAL, ACADEMIC AND ATHLETIC EXCELLENCE. | $60,000 |
SAINT THOMAS ORTHODOX CHURCH PURPOSE: TO SUPPORT A REGIONAL AND RELIGIOUS COMMUNITY. | $1,000 |
HOAG HOSPITAL FOUNDATION PURPOSE: TO EDUCATE,EMPOWER AND CREATE GREATOR OPPORTUNITY FOR AT-RISK CHILDREN TO BECOME INDEPENDENT,PRODUCTIVE AND CONTRIBUTING MEMBERS OF SOCIETY.TO SUPPORT MEDICAL RESEARCH AND TECHNOLOGY TO ENHANCE THE HEALTH AND WELL-BEING OF CHILDREN. TO SUPPORT SUCH OTHER COMPELLING PURPOSES THAT WILL ENHANCE THE QUALITY OF LIFE FOR RESIDENTS IN SOUTHERN CALIFORNIA AS THE BOARD SHALL APPROVE. | $600,000 |
SPIN PURPOSE: SERVING PEOPLE IN NEED HOUSING/RENT | $3,000 |
UM FROST SCHOOL OF MUSIC PURPOSE: TO PROMOTE SCHOLARSHIPS FOR EDUCATION IN THE ARTS AND MUSIC. | $250,000 |