Joel Edstrom and Margaret Adams Foundation
Joel Edstrom and Margaret Adams Foundation is a private foundation, based in Pasadena, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. Net investment income was $54K.
Joel Edstrom and Margaret Adams Foundation at a glance
- Total assets
- $1,943,928
- +3.3% vs 2023
- Revenue (2024)
- $54,301
- -22.5% vs 2023
- Net investment income (2024)
- $54,302
- -22.5% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Joel Edstrom and Margaret Adams Foundation funds
How this funder distributes its grants
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 4 grants of 9 (44%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Joel Edstrom and Margaret Adams Foundation gives
- In 2022 it paid out 222% of 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
From 2020 to 2022, annual grant giving ranged from $40K (2021) to $300K (2022). In 2022 it made 6 grants totaling $300K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 6 grants to individuals Recipients not named | — | $300,000 |
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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 | $1,943,928 | $54,301 | — | — | — | — | $54,302 | $155,037 |
| 2023 | $1,881,784 | $70,108 | $6,895 | — | — | — | $70,108 | $122,430 |
| 2022 | $1,825,253 | $37,310 | $300,000 | $300,000 | 6 | $300,000 | $37,310 | $135,125 |
| 2021 | $2,088,451 | $173,014 | $48,058 | $40,000 | 1 | $40,000 | $172,891 | $145,351 |
| 2020 | $2,068,303 | $-25,193 | $218,061 | $214,600 | 2 | — | $41,935 | $119,941 |
Under IRS private-foundation payout rules, Joel Edstrom and Margaret Adams Foundation reported a distributable amount of $155K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Joel Edstrom and Margaret Adams Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joel S. Edstrom
Trustee
On filings since 2020
No compensation reported
Margaret I. Adams
Trustee
On filings since 2020
No compensation reported
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 Joel Edstrom and Margaret Adams Foundation
How large is Joel Edstrom and Margaret Adams Foundation?
Joel Edstrom and Margaret Adams Foundation reported $1.9M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $54K.
Where does Joel Edstrom and Margaret Adams Foundation operate?
Joel Edstrom and Margaret Adams Foundation has awarded grants in California, Illinois, Pennsylvania.
How much is Joel Edstrom and Margaret Adams Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Joel Edstrom and Margaret Adams Foundation reported a distributable amount of $155K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joel Edstrom and Margaret Adams Foundation's EIN?
Joel Edstrom and Margaret Adams Foundation's EIN (Employer Identification Number) is 46-1604586. 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 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 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
Live grants for the work Joel Edstrom and Margaret Adams Foundation funds
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Figures come from Joel Edstrom and Margaret Adams Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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