The Hop & Mae Adams Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOISE, ID. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $47.0M in total assets. In 2024, it awarded 6 grants totaling $1.3M. Net investment income was $4.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$47.0M
+2.1% YoY
Annual Giving
$1.3M
+423.9% YoY
Grant Count
6
-45.5% YoY
Avg Grant Size
$220K
+860.5% YoY
Under IRS private-foundation payout rules, The Hop & Mae Adams Foundation reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.
About The Hop & Mae Adams Foundation
Based on IRS filings
The Hop & Mae Adams Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOISE, ID. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $47.0M in total assets. In 2024, it awarded 6 grants totaling $1.3M. Net investment income was $4.0M.
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 | 2022 |
|---|---|---|---|
| Total Assets | $46,980,028 | $46,024,202 | $43,868,364 |
| Revenue | $4,291,209 | $4,644,942 | $6,965,158 |
| Expenses | $3,172,830 | $2,474,335 | $2,296,523 |
| Qualifying Distributions | $2,379,669 | $1,746,628 | $1,487,733 |
| Net Investment Income | $3,970,966 | $4,330,718 | $3,453,602 |
| Distributable Amount | $1,542,034 | $1,586,952 | $1,436,929 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Adams Hub Inc ($1,031,081), Adams Northgate Inc ($121,653), Greenhouse Project ($79,584).
| Recipient | Purpose | Amount |
|---|---|---|
| Adams Hub Inc Boise, ID | Donation of operations, assets, cash, and rent payments to maintain an entrepeneurial support center in Carson City, Nevada. | $1,031,081 |
| Adams Northgate Inc Boise, ID | Combat community deterioration in Carson City, Nevada. | $121,653 |
| Basque Museum & Cultural Center Boise, ID | Education. | $5,000 |
| Boys and Girls Club of Western Nevada Carson City, NV | Disadvantaged youth. | $25,000 |
| Greenhouse Project Carson City, NV | Flower Basket Project | $79,584 |
| Xquisite LLC Carson City, NV | Help and Assistance of Abused Women. | $60,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Steven G Neighbors | Co-Trustee | 2 | — |
| Edward D Ahrens | Co-Trustee | 2 | — |
| Christopher MacKenzie | Co-Trustee | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hop & Mae Adams Foundation?
The Hop & Mae Adams Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOISE, ID. It holds $47.0M in total assets as of 2024.
How large is The Hop & Mae Adams Foundation?
As of 2024, The Hop & Mae Adams Foundation holds $47.0M in total assets with $4.3M in annual revenue. It awarded 6 grants totaling $1.3M in 2024.
Where does The Hop & Mae Adams Foundation operate?
The Hop & Mae Adams Foundation has awarded grants in Idaho, Nevada.
What size grants does The Hop & Mae Adams Foundation award?
In 2024, The Hop & Mae Adams Foundation awarded 6 grants totaling $1.3M — an average of about $220K per grant, based on its IRS Form 990 filings.
How much is The Hop & Mae Adams Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hop & Mae Adams Foundation reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hop & Mae Adams Foundation's EIN?
The Hop & Mae Adams Foundation's EIN (Employer Identification Number) is 27-1393341. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Hop & Mae Adams Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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