K S Adams Foundation is located in Dewey, OK. The organization was established in 1955. 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. K S Adams 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, K S Adams Foundation generated $45.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $177.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, K S Adams Foundation has awarded 202 individual grants totaling $871,350. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $24,405 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $20,798 |
Capital Gain Net Income | $20,798 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $45,203 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $11,672 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,123 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $14,295 |
Contributions, gifts, grants paid | $162,700 |
Total expenses and disbursements | $176,995 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $109,622 |
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 | $11,185 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $807,396 |
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 |
Over the last fiscal year, K S Adams Foundation has awarded $162,700 in support to 28 organizations.
Grant Recipient | Amount |
---|---|
AGAPE MISSION SCHOOL PURPOSE: PROGRAM SUPPORT | $1,500 |
ARTS ALLIANCE TULSA PURPOSE: PROGRAM SUPPORT | $1,000 |
BOONE & CROCKETT CLUB PURPOSE: PROGRAM SUPPORT | $5,000 |
LOWE FAMILY YOUNG SCHOLARS PROGRAM PURPOSE: EDUCATIONAL FUNDING | $1,000 |
BARTLESVILLE REGIONAL UNITED WAY PURPOSE: PROGRAM SUPPORT | $6,500 |
RAY OF HOPE ADVOCACY CENTER PURPOSE: OPERATING FUNDS | $5,000 |