Adams Foundation

MONTGOMERY, AL EIN: 63-1059010

Arts and culture Performing arts Theater Education Higher education

Adams Foundation is a private foundation focused on Arts and culture, based in MONTGOMERY, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $661K in total assets. In 2024, it awarded 3 grants totaling $32K. Net investment income was $58K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$661K

+4.0% YoY

Annual Giving

$32K

-46.7% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$11K

+6.7% YoY

Under IRS private-foundation payout rules, Adams Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

About Adams Foundation

Based on IRS filings

Focus Areas

Arts and culture Performing arts Theater Education Higher education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $139K (54%)

Illinois $77K (30%)

California $35K (13%)

New York $7K (3%)

Florida $2K (1%)

States

Alabama California Florida Illinois New York

Cities

BirminghamCasselberryEclecticEvanstonLos Altos HillsMontgomerySan FranciscoTroyTuscaloosaWest Point

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$661,307	$635,875	$654,067
Revenue	$67,143	$50,969	$-1,477
Expenses	$44,824	$70,991	$40,572
Qualifying Distributions	$32,000	$60,000	$30,000
Net Investment Income	$58,004	$42,751	$10,639
Distributable Amount	$38,034	$34,330	$36,699

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Rotary Foundation ($16,500), San Francisco Opera ($15,000), Montgomery Sunrise Rotary Club Foundation ($500).

Recipient	Purpose	Amount
MONTGOMERY SUNRISE ROTARY CLUB FOUNDATION MONTGOMERY, AL	HUMANITARIAN	$500
ROTARY FOUNDATION EVANSTON, IL	HEALTH & EDUCATIONAL	$16,500
SAN FRANCISCO OPERA SAN FRANSISCO, CA	ARTS	$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SAMUEL ADAMS	TRUSTEE/SEC TREAS	1	—

Subject Areas

Focus areas based on grantmaking activity

Arts and culture Performing arts Theater Education Higher education

Frequently Asked Questions

What is Adams Foundation?

Adams Foundation is a private foundation focused on Arts and culture, based in MONTGOMERY, AL. It holds $661K in total assets as of 2024.

How large is Adams Foundation?

As of 2024, Adams Foundation holds $661K in total assets with $67K in annual revenue. It awarded 3 grants totaling $32K in 2024.

Where does Adams Foundation operate?

Adams Foundation has awarded grants in Alabama, California, Florida, Illinois, New York.

What size grants does Adams Foundation award?

In 2024, Adams Foundation awarded 3 grants totaling $32K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Adams Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Adams Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.