Adams Thermal Systems Foundation
Adams Thermal Systems Foundation is a private foundation, based in Canton, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $817K in total assets. In 2024, it made $964K in qualifying distributions.
Adams Thermal Systems Foundation at a glance
- Total assets
- $817,266
- -14.0% vs 2023
- Revenue (2024)
- $994,976
- +8.8% vs 2023
- Qualifying distributions (2024)
- $963,831
- +3.5% vs 2023
- Expenses (2024)
- $965,622
- -2.4% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Adams Thermal Systems Foundation funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Adams Thermal Systems Foundation gives
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 2 grants totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Luke's Health Care Foundation Wheaton, IL | Wheelchair Ministry in Ethiopia | $3,000 |
| Ethiopian Evangelical Churches Fellowship Inc Olathe, KS | Ethiopian Foundation Donation | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $817,266 | $994,976 | $965,622 | — | — | $963,831 | — | — |
| 2023 | $950,853 | $914,787 | $989,648 | — | — | $931,466 | — | $12,801 |
| 2022 | $1,077,847 | $1,197,191 | $919,579 | — | — | $866,879 | — | $11,547 |
| 2021 | $775,951 | $931,036 | $695,703 | $4,000 | 2 | $709,211 | $6 | $13,954 |
| 2020 | $655,028 | $708,461 | $684,483 | — | — | — | — | $7,999 |
Leadership & Key People
Officers and directors from IRS filings
Adams Thermal Systems Foundation is led by Mike Adams, President & Treasurer since 2022 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mike Adams
President & Treasurer
President → President & Treasurer, 2022
On filings since 2020
15 hrs/week
No compensation reported
Kim Adams
Vice President
On filings since 2020
5 hrs/week
No compensation reported
Tad Anderson
Secretary
On filings since 2020
40 hrs/week
No compensation reported
Former officers (1)
- Former: Michael Van Surksum (2020–2022) — Treasurer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Adams Thermal Systems Foundation
How large is Adams Thermal Systems Foundation?
Adams Thermal Systems Foundation reported $817K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $995K.
Where does Adams Thermal Systems Foundation operate?
Adams Thermal Systems Foundation has awarded grants in Illinois, Kansas.
What is Adams Thermal Systems Foundation's EIN?
Adams Thermal Systems Foundation's EIN (Employer Identification Number) is 46-3258806. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 4, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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