Marty and Patti Adams Family Foundation
Marty and Patti Adams Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $521K in total assets. In 2024, it awarded 7 grants totaling $81K. Net investment income was $313K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$521K
+19.2% YoY
Annual Giving
$81K
+80.2% YoY
Grant Count
7
+133.3% YoY
Avg Grant Size
$12K
-22.8% YoY
Under IRS private-foundation payout rules, Marty and Patti Adams Family Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About Marty and Patti Adams Family Foundation
Based on IRS filings
Marty and Patti Adams Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $521K in total assets. In 2024, it awarded 7 grants totaling $81K. Net investment income was $313K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $521,191 | $437,086 |
| Revenue | $599,163 | $491,374 |
| Expenses | $81,607 | $54,288 |
| Qualifying Distributions | $81,100 | — |
| Net Investment Income | $313,463 | — |
| Distributable Amount | $18,899 | $21,641 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include West Liberty University Foundation ($25,000), Cleveland Clinic ($25,000), Notre Dame University ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WEST LIBERTY UNIVERSITY FOUNDATION WEST LIBERTY, WV | SCHOLARSHIPS | $25,000 |
| NOTRE DAME UNIVERSITY NOTRE DAME, IN | SCHOLARSHIPS | $10,000 |
| CLEVELAND CLINIC CLEVELAND, OH | CHILDREN HOSPITAL NEEDS | $25,000 |
| YOUTH HAVEN NAPLES, FL | CHARITABLE PROGRAMS | $1,100 |
| DAVID LAWRENCE CENTER NAPLES, FL | CHARITABLE PROGRAMS | $2,500 |
| NCH CENTER FOR PHILANTHROPY NAPLES, FL | CHARITABLE PROGRAMS | $7,500 |
| FRIENDS OF RWANDAN EDUCATION CHAGRIN FALLS, OH | CHARITABLE PROGRAMS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTY ADAMS | TRUSTEE | 1 | — |
| PATTI ADAMS | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marty and Patti Adams Family Foundation?
Marty and Patti Adams Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. It holds $521K in total assets as of 2024.
How large is Marty and Patti Adams Family Foundation?
As of 2024, Marty and Patti Adams Family Foundation holds $521K in total assets with $599K in annual revenue. It awarded 7 grants totaling $81K in 2024.
Where does Marty and Patti Adams Family Foundation operate?
Marty and Patti Adams Family Foundation has awarded grants in Florida, Indiana, Ohio, West Virginia.
What size grants does Marty and Patti Adams Family Foundation award?
In 2024, Marty and Patti Adams Family Foundation awarded 7 grants totaling $81K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Marty and Patti Adams Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marty and Patti Adams Family Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marty and Patti Adams Family Foundation's EIN?
Marty and Patti Adams Family Foundation's EIN (Employer Identification Number) is 88-2061910. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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