Adams Family Foundation of Nora Springs Iowa logo

Adams Family Foundation of Nora Springs Iowa

WILMINGTON, DE EIN: 25-5100130 Website

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

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

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

3states

Cities

BostonCharles CityDes MoinesFloydGarnerManlyMason CityNora SpringsPlymouthRock FallsRockfordRuddSaint PaulWaverly

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20202021202220232024
Metric202420232022
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

$0$335K$669K$1M$1M17 grants202021 grants202118 grants202219 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COMMUNITY FDN OF GREATER…$300KNORTH IOWA AREA COMMUNIT…$285KCITY OF NORA SPRINGS$76KCENTRAL SPRINGS COMMUNIT…$51KCITY OF NORA SPRINGS$50KNORA SPRINGS VOLUNTEER A…$37KCENTRAL SPRINGS AG ED BO…$20KCITY OF NORA SPRINGS$18KDAUGHTERS OF UNION VETER…$16KCITY OF NORA SPRINGS$10K

Grant Size Distribution

94 grants across all recorded years

76<$50K7$50–100K3$100–250K7$250–500K1$500K–1M$1–5M$5M+

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

Debra O'BanionTreas, Dir$23KAngie L PippertDir, Pres$23KLori M JostDir, Sec$8KKenneth KirkDir$3KMichael MarthDir, VP$3K

From 2024 filing

NameTitleHoursCompensation
Lori M JostDir, Sec3$8,000
Kenneth KirkDir3$3,000
Michael MarthDir, VP3$3,000
Debra O'BanionTreas, Dir12$23,000
Angie L PippertDir, Pres12$23,000

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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