Adair-Exchange Bank Foundation

Private foundation · Grantmaker Atchison, KS EIN: 23-7389214

Adair-Exchange Bank Foundation is a private foundation based in Atchison, Kansas. Its 2025 filing reports grants to charitable organizations, primarily in Kansas, including organizations involved in education, the arts, social services, and religious life.

Key facts about Adair-Exchange Bank Foundation

In short: Adair-Exchange Bank Foundation gave $212K across 48 grants in 2025 (avg $4K), mostly in Kansas. 6% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
23-7389214
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$212,000
Grants made (2025)
48
Average grant
$4,417
Median grant
$3,000
New grantees (estimate)
6% first-time grantees (3 of 48, 2025)
Total assets
$1,393,294
Primary geography
Kansas (94% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.4M

+6.7% YoY

Annual Giving

$212K

+7.8% YoY

Grant Count

48

-2.0% YoY

Avg Grant Size

$4K

+10.0% YoY

Under IRS private-foundation payout rules, Adair-Exchange Bank Foundation reported a distributable amount of $99K for 2025 — the minimum it must pay out in qualifying distributions.

Is Adair-Exchange Bank Foundation open to new grantees?

6%

first-time grantees, 2025

In 2025, 3 of 48 grantees (6%) were first-time recipients. First grants averaged $2K; repeat grants $5K. How we count

Medians: $2K first-time, $3K repeat.

  • 88% of 2025 grantees were also funded in 2024. Method
  • Giving grew 22% from 2022 to 2025. Method
  • In 2025 it paid out 214% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. For example, Atchison Art Association says its mission is to promote understanding and value of art through education, exhibitions, and outreach. HOPE FAMILY THERAPY INC says it provides affordable quality care in Atchison and the surrounding area, while Theatre Atchison says it serves people through theatre arts and opportunities for artistic growth and development. The Atchison County Historical Society describes its work as raising awareness of local history through a museum and historical sites.

Grantmaking

In 2025, the foundation made 48 grants totaling $212,000. Grants ranged from $500 to $23,000, with a median of $3,000. Among its largest awards were $23,000 to Maur Hill - Mount Academy, $15,000 to Atchison Area Community Foundation, $11,000 to Benedictine College, and $10,000 each to Benedictine Sisters, St Benedicts Abbey, and Trinity Episcopal Church.

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Geographic Focus

Where this funder awards grants

In 2025, 94% of grant dollars went to recipients in Kansas, 4% to recipients in Tennessee, and 2% to recipients in Missouri. The filing also reports 0% for Virginia.

Grant Distribution by State

4states

Share of 2025 grant dollars across all 48 itemized grants.

Cities

AtchisonLeavenworthSewaneeKansas CityEastonEffinghamOverland ParkFt LeavenworthHighlandTroyBenedenaPlatte WoodsWilliamsburgRushvilleHorton

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K40 grants2019 41 grants2020 40 grants2021 42 grants2022 41 grants2023 49 grants2024 48 grants2025

From 2019 to 2025, annual grant giving ranged from $125K (2019) to $212K (2025). In 2025 it made 48 grants totaling $212K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Atchison Area Community Foundation: $15KAtchison Area CommunityFoundation$15KBenedictine College: $11KBenedictine College$11KBenedictine Sisters: $10KBenedictine Sisters$10KSt Benedicts Abbey: $10KSt Benedicts Abbey$10KTrinity Episcopal Church: $10KTrinity Episcopal Church$10KAtchison Child Care Associates: $9KAtchison Child Care Associates$9KAtchison Community Educational Foundation: $8KAtchison Community EducationalFoundation$8KHighland Community College Foundation: $7KHighland Community CollegeFoundation$7KSewanee - the University of the South: $6KSewanee - the University ofthe South$6KAtchison Art Association: $6KAtchison Art Association$6K

The largest 2025 recipient was Atchison Area Community Foundation ($15K). Together the top 10 received $92K.

Organizations only. It also paid 1 grant to individuals ($23,000), which are not listed by name.

Grant Size Distribution

220 grants across all recorded years

220<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 220 grants of 220 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
1 grant to individuals Recipients not named —$23,000
Atchison Area Community Foundation Atchison, KSCharitable$15,000
Benedictine College Atchison, KSCharitable$11,000
Benedictine Sisters Atchison, KSCharitable$10,000
St Benedicts Abbey Atchison, KSCharitable$10,000
Trinity Episcopal Church Atchison, KSCharitable$10,000
Atchison Child Care Associates Atchison, KSCharitable$9,000
Atchison Community Educational Foundation Atchison, KSCharitable$7,500
Highland Community College Foundation Highland, KSCharitable$7,000
Sewanee - the University of the South Sewanee, TNCharitable$6,250

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $1,393,294 $314,417 $226,474 $212,000
2024 $1,305,351 $396,117 $208,774 $196,750
2023 $1,118,008 $221,918 $178,307 $168,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,393,294$1,305,351$1,118,008
Revenue$314,417$396,117$221,918
Expenses$226,474$208,774$178,307
Qualifying Distributions$212,000$198,563$169,621
Net Investment Income$89,608$185,993$33,651
Distributable Amount$99,254$85,235$69,437

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 2, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Douglass J Adair as president, Charles E Swinford as vice president, Marsha A Adair as treasurer, and Rebecca A Hawk as secretary.

Adair-Exchange Bank Foundation is led by Douglass J. Adair, President on every filing since 2024; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Douglass J. Adair

    President

    On filings since 2024

    1 hr/week

    No compensation reported

  • Marsha A. Adair

    Treasurer

    Treasurer & Director → Treasurer, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Charles E. Swinford

    Vice President

    On filings since 2024

    1 hr/week

    No compensation reported

  • Rebecca A. Hawk

    Secretary

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Paul H. Adair (2019–2023) — President
  • Former: Richard R. Dickason (2019–2023) — Vice President
  • Former: Sharon Baldridge (2019–2023) — Secretary

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: PO Box 189, Atchison, KS 66002
Phone: (913) 367-6000

Frequently asked questions about Adair-Exchange Bank Foundation

How much does Adair-Exchange Bank Foundation give each year?

Adair-Exchange Bank Foundation gave $212K across 48 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $197K across 49 grants.

What is Adair-Exchange Bank Foundation's typical grant size?

Adair-Exchange Bank Foundation's median grant in 2025 was $3,000, and its average grant was $4,417, across 48 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Adair-Exchange Bank Foundation that year got $2K on average.

Where does Adair-Exchange Bank Foundation give grants?

Adair-Exchange Bank Foundation gives mostly in Kansas: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Atchison, KS (21 grants), Leavenworth, KS (9 grants), Easton, KS (3 grants) and Sewanee, TN (2 grants).

Does Adair-Exchange Bank Foundation give general operating support?

Not in 2025: none of the 48 grants with a stated purpose on Adair-Exchange Bank Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (48 grants).

Who are Adair-Exchange Bank Foundation's largest grantees?

Adair-Exchange Bank Foundation's largest 2025 grantees include Atchison Area Community Foundation ($15,000), Benedictine College ($11,000) and Benedictine Sisters ($10,000), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($23,000), which are not listed by name. Together they received 17% of its itemized 2025 grant dollars.

How large is Adair-Exchange Bank Foundation?

Adair-Exchange Bank Foundation reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $212K in qualifying distributions that year, against a required minimum of $99K (roughly 5% of its investment assets).

What does Adair-Exchange Bank Foundation fund?

No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. For example, Atchison Art Association says its mission is to promote understanding and value of art through education, exhibitions, and outreach. See mission & focus areas ↑

How do I apply for a grant from Adair-Exchange Bank Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Adair-Exchange Bank Foundation's EIN?

Adair-Exchange Bank Foundation's EIN (Employer Identification Number) is 23-7389214. IRS Form 990 filing data is available on this page for 2019–2025.

Does Adair-Exchange Bank Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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