Adair-exchange Bank Foundation
The Adair-Exchange Bank Foundation is a private foundation established in August 1974 and located in Atchison, Kansas. It operates as a 501(c)(3) tax-exempt organization with a focus on supporting charitable causes primarily within Kansas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+16.8% YoY
Annual Giving
$197K
+17.1% YoY
Grant Count
49
+19.5% YoY
Avg Grant Size
$4K
-2.0% YoY
Mission & Focus Areas
The foundation supports organizations involved in the following areas:
- Education (approximately 29% of giving)
- Religion (approximately 28% of giving)
- Arts & Culture (approximately 15% of giving)
- Social & Human Services
- Community Development
Approximately 95% of the foundation's grants remain within Kansas.
Grantmaking
Review Cycle
- Applicants must complete a grant application including organization details, project focus, budget, and timeline
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Atchison, Kansas, with 95% of grants staying within Kansas. Some grants have extended to Tennessee and Missouri.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $1,305,351
- Total Revenues: $396,117
- Total Expenses: $208,774
- Total Grants Made: $196,750
Revenue Breakdown (2024):
- Grants and contributions: $200,000
- Investment income and dividends: $26,183
- Net gain from sale of non-inventory assets: $169,894
As of December 2023:
- Total Assets: $1.12 Million
- Total Revenues: $222,000
- Total Expenses: $178,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,305,351 | $1,118,008 | $1,074,397 |
| Revenue | $396,117 | $221,918 | $231,305 |
| Expenses | $208,774 | $178,307 | $185,293 |
| Qualifying Distributions | $198,563 | $169,621 | $175,258 |
| Net Investment Income | $185,993 | $33,651 | $42,998 |
| Distributable Amount | $85,235 | $69,437 | $65,780 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
213 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Paul H Adair
- Vice President: Richard R Dickason
- Treasurer: Marsha A Adair
- Secretary: Sharon Baldridge
Donor Organizations:
- Exchange National Bank and Trust Company
- First National Bank
- Fort National Bank
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUGLASS J ADAIR | PRESIDENT | 1 | — |
| CHARLES E SWINFORD | VICE PRESIDENT | 1 | — |
| MARSHA A ADAIR | TREASURER | 1 | — |
| REBECCA A HAWK | SECRETARY | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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