Adams Family Foundation of Nora Springs Iowa
The Adams Family Foundation of Nora Springs Iowa is a private foundation dedicated to enhancing the quality of community life in Nora Springs and the surrounding region. Established by John R. Adams in 2006, the foundation is incorporated in Wilmington, Delaware and operates as a 501(c)(3) organization.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.7M
+0.6% YoY
Annual Giving
$896K
-9.5% YoY
Grant Count
19
+0.0% YoY
Avg Grant Size
$47K
-9.5% YoY
Mission & Focus Areas
The foundation's mission centers on enriching the community and promoting excellence in education through scholarships. John R. Adams established the foundation with the belief that education—particularly academics—was of prime importance. He created the organization to help youth in the Nora Springs area reach their potential, with the hope that these individuals would eventually return to the community.
Primary funding areas include:
- Education and academic scholarships
- Philanthropy and grantmaking
- Human services
- Voluntarism
Grantmaking
The foundation funds approximately 4,419 grants annually and reports being open to new applicants, with approximately 12% of new applicants receiving funding.
Grant Range
Approximately $206
Average Grant
Approximately $206
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Geographic Focus
Where this funder awards grants
The foundation primarily funds projects in:
- Iowa
- Massachusetts
- Minnesota
Specific communities mentioned include Des Moines, Charles City, Boston, and Saint Paul.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $22,696,408
- Total revenues: $1,250,126
- Total expenses: $1,174,817
- Annual grants awarded: $579,058 to $896,030
As of 2023:
- Total assets: $22,558,599
- Total expenses: $1,288,326
- Total revenue: $703,432
The foundation maintains zero employees and operates as a private foundation.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,696,408 | $22,558,599 | $23,120,993 |
| Revenue | $1,250,126 | $703,432 | $-1,301,825 |
| Expenses | $1,174,817 | $1,288,326 | $883,370 |
| Qualifying Distributions | $1,032,101 | $1,123,581 | $646,521 |
| Net Investment Income | $1,098,471 | $554,873 | $292,521 |
| Distributable Amount | $1,086,587 | $1,033,748 | $1,049,856 |
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
94 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
Key personnel include:
- Angie L Pippert (President and Director)
- Debra O'Banion (Treasurer and Director)
- Lori M Jost (Director and Secretary)
- Michael Marth (Director and Vice President)
- Kenneth Kirk (Director)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lori M Jost | Dir, Sec | 3 | $8,000 |
| Kenneth Kirk | Dir | 3 | $3,000 |
| Michael Marth | Dir, VP | 3 | $3,000 |
| Debra O'Banion | Treas, Dir | 12 | $23,000 |
| Angie L Pippert | Dir, Pres | 12 | $23,000 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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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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