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
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.
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
Among its reported 2024 grants, the largest include Mississippi State University Foundation ($400,000), Mississippi State - the Bulldog Club Inc ($200,000), Mississippi State University Foundation ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BUREAU OF GOVERNMENTAL RESEARCH NEW ORLEANS, LA | GENERAL PURPOSE | $10,000 |
| CCA LOUISIANA BATON ROUGE, LA | GENERAL PURPOSE | $1,000 |
| CITY OF STARKVILLE CORNERSTONE SPORTS COMPLEX STARKVILLE, MS | GENERAL PURPOSE | $70,000 |
| COTTONWOOD INSTITUTE DENVER, CO | GENERAL PURPOSE | $10,000 |
| FLYTE AUSTIN, TX | GENERAL PURPOSE | $7,500 |
| KOSCIUSKO FOUNDATION FOR EXCELLENCE IN EDUCATION KOSCIUSKO, MS | SKIPWORTH AUDITORIUM | $30,000 |
| METROPOLITAN CRIME COMMISSION INC NEW ORLEANS, LA | GENERAL PURPOSE | $1,000 |
| MISSISSIPPI STATE - THE BULLDOG CLUB INC MISSISSIPPI STATE, MS | BASEBALL FACILITY | $200,000 |
| MISSISSIPPI STATE UNIVERSITY FOUNDATION MISSISSIPPI STATE, MS | PRESIDENT'S CABINET | $10,000 |
| MISSISSIPPI STATE UNIVERSITY FOUNDATION MISSISSIPPI STATE, MS | ADKERSON GRADUATE FELLOWSHIP | $20,000 |
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
Frequently Asked Questions
What does Richard C Adkerson Family Foundation fund?
The foundation's primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Richard C Adkerson Family Foundation?
**Grant Activity:** • Made 40 grants in 2024 • Total giving: $1,831,380 (2024) • Typical award range: $31,000–$400,000 **Recent Grants (2024):** • Mississippi State University Foundation (Humphrey Coliseum): $400,000 • Mississippi State University Foundation (Adkerson Online Programs for Excellence): $200,000 • Mississippi State University Foundation (RCA Chair of Accountancy): $200,000 Additional grants totaling $1,578,180 were distributed to 23 other organizations in 2024.
Where does Richard C Adkerson Family Foundation make grants?
The foundation primarily funds organizations in: • Mississippi • Louisiana • Wyoming
What size grants does Richard C Adkerson Family Foundation award?
In 2024, Richard C Adkerson Family Foundation awarded 34 grants totaling $1.8M — an average of about $54K per grant, based on its IRS Form 990 filings.
How much is Richard C Adkerson Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard C Adkerson Family Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Richard C Adkerson Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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