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Breeden-Adams Foundation is a private corporation based in NORFOLK, VA. The foundation received its IRS ruling in 1990. The principal officer is Edward L Breeden Iii. It holds total assets of $1.5M. Annual income is reported at $267K. Total assets have grown from $904K in 2011 to $1.5M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Virginia, Massachusetts and Maryland. According to available records, Breeden-Adams Foundation has made 10 grants totaling $444K, with a median grant of $50K. Annual giving has grown from $128K in 2021 to $159K in 2023. Individual grants have ranged from $25K to $53K, with an average award of $44K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Virginia and Massachusetts and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$41K
Average Grant
$39K
Largest Grant
$50K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Breeden-Adams Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in VA, MA, MD.
Breeden-Adams Foundation has distributed a total of $444K across 10 grants. The median grant size is $50K, with an average of $44K. Individual grants have ranged from $25K to $53K.
Breeden-Adams Foundation typically selects its grantees rather than accepting unsolicited proposals.
Breeden-Adams Foundation is headquartered in NORFOLK, VA. While based in VA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Harold M Horden | SCTY/TRUSTEE | $2K | $0 | $2K |
| Pamela A Chameberlain | Trustee | $1K | $0 | $1K |
| Lucius H Breeden | Pres./Trustee | $0 | $0 | N/A |
Total Giving
$186K
Total Assets
$1.5M
Fair Market Value
$3.5M
Net Worth
$1.5M
Grants Paid
$159K
Contributions
N/A
Net Investment Income
$406K
Distribution Amount
$158K
Total Grants
10
Total Giving
$444K
Average Grant
$44K
Median Grant
$50K
Unique Recipients
5
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Leukemia And Lymphoma SocietyMEDICAL RESEARCH | Pittsfield, MA | $53K | 2023 |
| The Johns Hopkins UniversityMEDICAL RESEARCH | Baltimore, MD | $53K | 2023 |
| Eastern Virginia Medical SchoolMEDICAL RESEARCH | Norfolk, VA | $53K | 2023 |
| Virginia Polytechnic And State UnivMEDICAL RESEARCH | Blacksburg, VA | $50K | 2022 |
| Va-Md College Of Veterinary MedicinRESEARCH | Blacksburg, VA | $50K | 2021 |