Breeden-adams Foundation

NORFOLK, VA EIN: 54-1476840

Education Health Diseases and conditions

Breeden-adams Foundation is a private foundation focused on Education, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 3 grants totaling $153K. Net investment income was $236K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+4.7% YoY

Annual Giving

$153K

-3.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$51K

-3.8% YoY

Under IRS private-foundation payout rules, Breeden-adams Foundation reported a distributable amount of $187K for 2024 — the minimum it must pay out in qualifying distributions.

About Breeden-adams Foundation

Based on IRS filings

Focus Areas

Education Health Diseases and conditions

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $435K (61%)

Massachusetts $148K (21%)

Maryland $135K (19%)

States

Massachusetts Maryland Virginia

Cities

BaltimoreBlacksburgNorfolkPittsfieldRoanoke

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,520,113	$1,451,373	$1,212,167
Revenue	$258,238	$425,395	$151,439
Expenses	$189,498	$186,189	$181,792
Qualifying Distributions	$157,321	$163,681	$161,290
Net Investment Income	$235,500	$405,709	$130,937
Distributable Amount	$186,825	$157,746	$163,725

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

17 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Eastern Virginia Medical School ($56,500), The Johns Hopkins University ($56,500), Va Tech Animal Cancer Care and Rese ($40,000).

Recipient	Purpose	Amount
EASTERN VIRGINIA MEDICAL SCHOOL NORFOLK, VA	MEDICAL RESEARCH	$56,500
THE JOHNS HOPKINS UNIVERSITY BALTIMORE, MD	MEDICAL RESEARCH	$56,500
VA TECH ANIMAL CANCER CARE AND RESE ROANOKE, VA	MEDICAL RESEARCH	$40,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LUCIUS H BREEDEN	Pres./Trustee	2.5	—
OLIVER GATES BREEDEN	BOARD MEMBER	0.25	$500
COURTS HOLLAND BREEDEN	BOARD MEMBER	0.25	$500
PAMELA A CHAMEBERLAIN	Trustee	0.25	$1,250
COURTNEY CHAMBERLAIN STIZKI	BOARD MEMBER	0.25	$500
ROBERT B CHAMBERLAIN III	BOARD MEMBER	0.25	$500

Subject Areas

Focus areas based on grantmaking activity

Education Health Diseases and conditions

Frequently Asked Questions

What is Breeden-adams Foundation?

Breeden-adams Foundation is a private foundation focused on Education, based in NORFOLK, VA. It holds $1.5M in total assets as of 2024.

How large is Breeden-adams Foundation?

As of 2024, Breeden-adams Foundation holds $1.5M in total assets with $258K in annual revenue. It awarded 3 grants totaling $153K in 2024.

Where does Breeden-adams Foundation operate?

Breeden-adams Foundation has awarded grants in Massachusetts, Maryland, Virginia.

What size grants does Breeden-adams Foundation award?

In 2024, Breeden-adams Foundation awarded 3 grants totaling $153K — an average of about $51K per grant, based on its IRS Form 990 filings.

How much is Breeden-adams Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Breeden-adams Foundation reported a distributable amount of $187K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.