Richard C Adkerson Family Foundation
The Richard C Adkerson Family Foundation is a private 501(c)(3) grantmaking foundation established in 1997 and based in Laplace, Louisiana. The foundation operates as a private foundation focused on philanthropic giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.0M
-14.8% YoY
Annual Giving
$1.8M
-0.1% YoY
Grant Count
34
-17.1% YoY
Avg Grant Size
$54K
+20.4% YoY
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
Additional grants totaling $1,578,180 were distributed to 23 other organizations in 2024.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Mississippi
- Louisiana
- Wyoming
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total Assets: $6,009,738
- Total Revenue: $1,012,903
- Total Expenses: $2,053,903
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,009,738 | $7,050,738 | $8,557,919 |
| Revenue | $1,012,903 | $530,056 | $461,410 |
| Expenses | $2,053,903 | $2,037,237 | $1,921,425 |
| Qualifying Distributions | $1,831,380 | $1,836,500 | $1,719,244 |
| Net Investment Income | $713,180 | $209,319 | $219,229 |
| Distributable Amount | $1,118,779 | $1,062,845 | $1,072,563 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
192 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD C ADKERSON | TRUSTEE | — | — |
| RICHARD CLARK ADKERSON | TRUSTEE | — | — |
| WILLIAM TYLER ADKERSON | TRUSTEE | — | — |
| ROBERT RYAN ADKERSON | TRUSTEE | — | — |
Recent News & Activity
Recent developments and announcements
In 2020, the foundation made a significant $1.7 million gift to Mississippi State University that created online master's accounting programs, established minority fellowships, and endowed a National Association of Black Accountants (NABA) student chapter. The gift also supported the Adkerson Online Programs for Excellence initiative.
$1.7M Adkerson Foundation gift creates online MSU master\u2019s accounting\Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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