Richard C Adkerson Family Foundation
The Richard C Adkerson Family Foundation is a private foundation based in Laplace, Louisiana. In 2024, it made 34 grants totaling $1,834,180, with major awards supporting Mississippi State University and other organizations in Mississippi, Louisiana, and elsewhere.
Richard C Adkerson Family Foundation at a glance
In short: Richard C Adkerson Family Foundation gave $1.8M across 34 grants in 2024 (avg $54K), mostly in Mississippi. 13% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,834,180
- -0.1% vs 2023
- Grants made (2024)
- 34
- -17.1% vs 2023
- Average grant
- $53,946
- +20.4% vs 2023
- Median grant
- $20,000
- Total assets
- $6,009,738
- -14.8% vs 2023
- New grantees (estimate)
- 13% first-time grantees (3 of 24, 2024; small sample)
- Primary geography
- Mississippi (71% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Richard C Adkerson Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 310, Laplace, LA 70069-0310
Phone: (602) 366-8377
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Richard C Adkerson Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Mississippi State University Foundation ($810K across 4 grants). Together the top 10 received $1.6M.
Organizations only. It also paid 6 grants to individuals ($186,000), which are not listed by name.
Grant Size Distribution
192 grants across all recorded years
The most common grant size was under $50K: 144 grants of 192 (75%).
Geographic Focus
Where this funder awards grants
In 2024, 71% of grant dollars went to recipients in Mississippi and 14% to recipients in Louisiana. Other states receiving shares included Montana (5%), Arizona (4%), and South Carolina (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 34 itemized grants.
States
Cities
Is Richard C Adkerson Family Foundation open to new grantees?
13%
first-time grantees, 2024
In 2024, 3 of 24 grantees (13%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $10K; repeat grants $86K. How we count
Medians: $4K first-time, $20K repeat.
- 83% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+16%). Method
- In 2024 it paid out 164% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.4M (2020) to $1.8M (2023). In 2024 it made 34 grants totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mississippi State University Foundation Mississippi State, MS | Humprhey Coliseum | $400,000 |
| Mississippi State - the Bulldog Club Inc Mississippi State, MS | Baseball Facility | $200,000 |
| Mississippi State University Foundation Mississippi State, MS | Adkerson Online Programs for Excellence | $200,000 |
| Mississippi State University Foundation Mississippi State, MS | RCA Chair of Accountancy | $200,000 |
| 6 grants to individuals Recipients not named | — | $186,000 |
| The National World War II Museum New Orleans, LA | Kissinger-Liberation | $100,000 |
| Yellowstone Park Foundation Bozeman, MT | General Purpose | $100,000 |
| Tgen Foundation Phoenix, AZ | John S. McCain III Endowed Chair | $80,000 |
| City of Starkville Cornerstone Sports Complex Starkville, MS | General Purpose | $70,000 |
| The National World War II Museum New Orleans, LA | American Spirit Awards Sponsorship | $62,500 |
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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 | $6,009,738 | $1,012,903 | $2,053,903 | $1,834,180 | 34 | $1,831,380 | $713,180 | $1,118,779 |
| 2023 | $7,050,738 | $530,056 | $2,037,237 | $1,836,500 | 41 | $1,836,500 | $209,319 | $1,062,845 |
| 2022 | $8,557,919 | $461,410 | $1,921,425 | $1,719,244 | 47 | $1,719,244 | $219,229 | $1,072,563 |
| 2021 | $10,017,934 | $728,891 | $1,785,609 | $1,585,000 | 30 | $1,582,398 | $448,282 | $1,143,235 |
| 2020 | $11,074,652 | $408,806 | $1,540,055 | $1,426,250 | 40 | — | $215,001 | $644,231 |
Under IRS private-foundation payout rules, Richard C Adkerson Family Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grants show support for varied organizations. For example, The National WWII Museum describes its mission as telling the story of the American experience in World War II to help generations understand the price of freedom. The Bureau of Governmental Research says it works to inform public policy and promote effective use of public resources in the New Orleans metropolitan area. Cottonwood Institute says it connects middle and high school students to nature and inspires them to protect it.
Other 2024 recipients include Flyte, which describes its work as financial education programs for vulnerable populations around Southeast Louisiana; the New Orleans Museum of Art, whose stated mission includes presenting and educating the public about visual arts; and the Metropolitan Crime Commission, which says it works to improve the administration of justice, reduce violent crime, and combat public corruption.
Grantmaking
In 2024, the foundation made 34 grants totaling $1,834,180. Awards ranged from $1,000 to $400,000, with a median grant of $20,000. Among the largest were $400,000 to Mississippi State University Foundation for Humphrey Coliseum; three $200,000 grants to Mississippi State University Foundation and an individual recipient - The Bulldog Club Inc. for online programs, an accountancy chair, and a baseball facility; and $100,000 each to Mississippi State University Foundation for an endowed graduate fellowship, The National World War II Museum for Kissinger-Liberation, and Yellowstone Park Foundation for general purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists these trustees: Richard C Adkerson, Richard Clark Adkerson, William Tyler Adkerson, and Robert Ryan Adkerson.
Richard C Adkerson Family Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Richard Clark Adkerson
Trustee
On filings since 2020
No compensation reported
Robert Ryan Adkerson
Trustee
On filings since 2020
No compensation reported
William Tyler Adkerson
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 Richard C Adkerson Family Foundation
How much does Richard C Adkerson Family Foundation give each year?
Richard C Adkerson Family Foundation gave $1.8M across 34 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.8M across 41 grants.
What is Richard C Adkerson Family Foundation's typical grant size?
Richard C Adkerson Family Foundation's median grant in 2024 was $20,000, and its average grant was $53,946, across 34 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Richard C Adkerson Family Foundation that year got $10K on average.
Where does Richard C Adkerson Family Foundation give grants?
Richard C Adkerson Family Foundation gives mostly in Mississippi: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Louisiana (14%) and Montana (5%). The most frequent recipient cities were New Orleans, LA (12 grants) and Mississippi State, MS (5 grants).
Does Richard C Adkerson Family Foundation give general operating support?
Yes: 44% of Richard C Adkerson Family Foundation's 2024 grants with a stated purpose (15 of 34) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Richard C Adkerson Family Foundation's largest grantees?
Richard C Adkerson Family Foundation's largest 2024 grantees include Mississippi State University Foundation ($810,000 across 4 grants), The National World War II Museum ($212,500 across 3 grants) and Mississippi State - the Bulldog Club Inc ($200,000), according to its 2024 IRS Form 990-PF. It also paid 6 grants to individuals ($186,000), which are not listed by name. Together they received 67% of its itemized 2024 grant dollars.
How large is Richard C Adkerson Family Foundation?
Richard C Adkerson Family Foundation reported $6.0M in total assets on its 2024 IRS Form 990-PF. It paid out $1.8M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets).
What does Richard C Adkerson Family Foundation fund?
No mission statement for the foundation is provided. Its grants show support for varied organizations. For example, The National WWII Museum describes its mission as telling the story of the American experience in World War II to help generations understand the price of freedom. See mission & focus areas ↑
How do I apply for a grant from Richard C Adkerson Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Richard C Adkerson Family Foundation's EIN?
Richard C Adkerson Family Foundation's EIN (Employer Identification Number) is 72-1353058. IRS Form 990 filing data is available on this page for 2020–2024.
Does Richard C Adkerson Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Richard C Adkerson Family Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/richard-c-adkerson-family-foundation-morg_f776fbb94383404aaa1b6e447bc4eaa5
BibTeX
@misc{grantable_721353058_2026,
author = {{Grantable}},
title = {{Richard C Adkerson Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/richard-c-adkerson-family-foundation-morg_f776fbb94383404aaa1b6e447bc4eaa5},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Richard C Adkerson Family 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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