The Adams Family Foundation

LEBANON, TN EIN: 62-6273372

The Adams Family Foundation is a private foundation, based in LEBANON, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $204K in total assets. In 2024, it awarded 2 grants totaling $27K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$204K

-8.0% YoY

Annual Giving

$27K

+3.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$14K

+3.8% YoY

Under IRS private-foundation payout rules, The Adams Family Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About The Adams Family Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $138K (99%)

Kentucky $2K (1%)

States

Kentucky Tennessee

Cities

DanvilleLebanonMurfreesboroNashvillePulaski

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$204,461	$222,168	$219,852
Revenue	$11,928	$30,622	$7,293
Expenses	$29,635	$28,306	$38,250
Qualifying Distributions	$27,975	$26,850	$36,495
Net Investment Income	$10,675	$29,270	$7,467
Distributable Amount	$9,992	$10,246	$12,224

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cumberland University ($25,000), Boys & Girls Club of Rutherford County ($2,000).

Recipient	Purpose	Amount
CUMBERLAND UNIVERSITY LEBANON, TN	ASSIST WITH STUDENT AND INSTITUTIONAL NEEDS	$25,000
BOYS & GIRLS CLUB OF RUTHERFORD COUNTY MURFREESBORO, TN	ASSIST WITH STUDENT AND INSTITUTIONAL NEEDS	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM JOSEPH ADAMS	TRUSTEE	2	—

Frequently Asked Questions

How large is The Adams Family Foundation?

As of 2024, The Adams Family Foundation holds $204K in total assets with $12K in annual revenue. It awarded 2 grants totaling $27K in 2024.

Where does The Adams Family Foundation operate?

The Adams Family Foundation has awarded grants in Kentucky, Tennessee.

What size grants does The Adams Family Foundation award?

In 2024, The Adams Family Foundation awarded 2 grants totaling $27K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is The Adams Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Adams Family Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.