Adams Family Foundation I is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MURFREESBORO, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 23 grants totaling $332K. Net investment income was $463K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.7M
-2.1% YoY
Annual Giving
$332K
-10.9% YoY
Grant Count
23
+0.0% YoY
Avg Grant Size
$14K
-10.9% YoY
Under IRS private-foundation payout rules, Adams Family Foundation I reported a distributable amount of $551K for 2024 — the minimum it must pay out in qualifying distributions.
About Adams Family Foundation I
Based on IRS filings
Adams Family Foundation I is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MURFREESBORO, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 23 grants totaling $332K. Net investment income was $463K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,686,180 | $4,788,472 | $4,926,394 |
| Revenue | $470,909 | $436,383 | $427,592 |
| Expenses | $573,201 | $574,305 | $550,969 |
| Qualifying Distributions | $565,500 | $566,500 | $542,000 |
| Net Investment Income | $463,208 | $434,520 | $425,949 |
| Distributable Amount | $550,724 | $417,235 | $457,772 |
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
101 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Barnabas Vision ($90,000), Mtcs ($90,000), Rise up ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BARNABAS VISION MURFREESBORO, TN | GENERAL FUND | $90,000 |
| SAM DAVIS HOME SMYRNA, TN | GENERAL FUND | $5,000 |
| RISE UP JOHNSON CITY, TN | GENERAL FUND | $20,000 |
| ST THOMAS FOUNDATION MURFREESBORO, TN | GENERAL FUND | $15,000 |
| MTCS LEGACY OF LIGHTS MURFREESBORO, TN | GENERAL FUND | $10,000 |
| MTCS MURFREESBORO, TN | GENERAL FUND | $90,000 |
| BOYS AND GIRLS CLUB MURFREESBORO, TN | GENERAL FUND | $10,000 |
| DOORS OF HOPE MURFREESBORO, TN | GENERAL FUND | $2,500 |
| PAT SUMMITT FOUNDATION KNOXVILLE, TN | GENERAL FUND | $10,000 |
| COMMUNITY FOUNDATION MURFREESBORO, TN | GENERAL FUND | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT ADAMS | TRUSTEE | — | — |
| FRED ADAMS | TRUSTEE | — | — |
| JOANNE COGGIN | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Adams Family Foundation I?
Adams Family Foundation I is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MURFREESBORO, TN. It holds $4.7M in total assets as of 2024.
How large is Adams Family Foundation I?
As of 2024, Adams Family Foundation I holds $4.7M in total assets with $471K in annual revenue. It awarded 23 grants totaling $332K in 2024.
Where does Adams Family Foundation I operate?
Adams Family Foundation I has awarded grants in District of Columbia, Tennessee.
What size grants does Adams Family Foundation I award?
In 2024, Adams Family Foundation I awarded 23 grants totaling $332K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Adams Family Foundation I required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Adams Family Foundation I reported a distributable amount of $551K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Adams Family Foundation I's EIN?
Adams Family Foundation I's EIN (Employer Identification Number) is 62-1515107. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Adams Family Foundation I's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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