Adams Arthur & Alice Fdn
The Adams Arthur & Alice Foundation is a private foundation established in 1985 to honor its founders, Mr. and Mrs. Adams. The foundation operates as a 501(c)(3) organization with two employees and maintains administrative offices in Winston-Salem, North Carolina, with mailing address coordination through Wells Fargo Wealth Management.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.4M
-0.6% YoY
Annual Giving
$589K
+27.4% YoY
Grant Count
23
+27.8% YoY
Avg Grant Size
$26K
-0.3% YoY
Mission & Focus Areas
The foundation provides grants to charitable organizations primarily to benefit:
- Arts, culture, and humanities
- Education
The foundation has a specific geographic and programmatic focus, concentrating its support in the Memphis, Miami, and New York City areas.
Grantmaking
The foundation only considers requests for project sponsorships. It does not accept requests for general operating support, capital campaigns, or endowment support. The foundation invites proposals for innovative programs, performances, publications, and other specific initiatives in the areas of arts, music, culture, and education.
Review Cycle
February 15, 2026 for review at a Spring 2026 meeting
Grant Types
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation concentrates its grantmaking in three primary areas:
- Memphis
- Miami
- New York City
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending September 2024:
- Total assets: $13,384,632
- Total revenues: $841,384
- Total expenses: $915,906
- Total liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,384,632 | $13,462,319 | $14,389,195 |
| Revenue | $841,384 | $-143,711 | $641,337 |
| Expenses | $915,906 | $764,311 | $782,367 |
| Qualifying Distributions | $746,895 | $621,014 | $612,193 |
| Net Investment Income | $682,709 | $479,041 | $503,764 |
| Distributable Amount | $869,526 | $791,026 | $721,911 |
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
89 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
The foundation is administered through Wells Fargo Wealth Management's Grant Administration office.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Arete Warren | CO-TRUSTEE | 1 | $133,948 |
| WELLS FARGO BANK N A | TRUSTEE | 1 | $117,948 |
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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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