Adams Foundation
- Assets
- $640.9k
- Revenue
- $59.2k
- Investments
- $577.1k
- Employees
- 0
- Location
- Portland, OR
- Founding
- 04/1966
- Data as of
- 11/2022
- EIN
- 93-6037058
Organization Overview
Adams Foundation is located in Portland, OR. The organization was established in 1966. 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 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 11/2022, Adams Foundation generated $59.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $30.8k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Adams Foundation has awarded 58 individual grants totaling $508,700. 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 |
|---|---|---|---|
J Portland Adams Director | 1 | $0 | |
Peter F Adams Director | 3 | $0 | |
Charles A Adams Director | 3 | $0 | |
Heidi Y Beebe Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,286 |
| Dividends & Interest | $8,754 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,117 |
| Capital Gain Net Income | $45,117 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,157 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,197 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,365 |
| Contributions, gifts, grants paid | $22,400 |
| Total expenses and disbursements | $30,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,731 |
| Savings and temporary cash investments | $0 |
| 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 | $640,863 |
| 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 Foundation has awarded $22,400 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Hermosa Beach, CA PURPOSE: EDUCATIONAL | $5,000 |
SUNSTONE MONTESSORI PURPOSE: EDUCATIONAL | $5,000 |
Annapolis, MD PURPOSE: BREAST CANCER RESEARCH | $5,000 |
THE AINSWORTH FOUNDATION PURPOSE: EDUCATIONAL | $2,500 |
Portland, OR PURPOSE: EDUCATIONAL | $2,500 |
BAINBRIDGE OMETEPE SISTER ISLAND ASSOCIATION PURPOSE: EDUCATIONAL | $2,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |
The Barbara And Gerson Bakar Foundation San Francisco, CA | $150,075,547 | $19,097,345 |
William G Irwin Charity Foundation San Francisco, CA | $95,703,761 | $19,136,887 |
Edgerton Foundation Los Angeles, CA | $106,952,264 | $9,589,110 |