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Herbert H Mcadams Ii Foundation is a private trust based in SHERIDAN, AR. The foundation received its IRS ruling in 1998. It holds total assets of $4.9M. Annual income is reported at $270K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. 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 Arkansas and Texas. According to available records, Herbert H Mcadams Ii Foundation has made 23 grants totaling $1M, with a median grant of $50K. Annual giving has grown from $158K in 2021 to $303K in 2023. Grantmaking activity was highest in 2022 with $571K distributed across 12 grants. Individual grants have ranged from $3K to $100K, with an average award of $45K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Texas and Arkansas. Contributions to this foundation are tax-deductible.
Smallest Grant
$14K
Median Grant
$30K
Average Grant
$41K
Largest Grant
$110K
Based on 5 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.
Herbert H Mcadams Ii Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in TX, AR.
Herbert H Mcadams Ii Foundation has distributed a total of $1M across 23 grants. The median grant size is $50K, with an average of $45K. Individual grants have ranged from $3K to $100K.
Herbert H Mcadams Ii Foundation typically selects its grantees rather than accepting unsolicited proposals. No restrictions.
Herbert H Mcadams Ii Foundation is headquartered in SHERIDAN, AR. While based in AR, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kara Kratzer | TRUSTEE | $15K | $0 | $15K |
| Anne Mcadams Dyke | TRUSTEE | $15K | $0 | $15K |
| Nicole P Mcadams | TRUSTEE | $15K | $0 | $15K |
| Shelia W Mcadams | TRUSTEE | $0 | $0 | N/A |
Total Giving
$352K
Total Assets
$4.9M
Fair Market Value
$5.8M
Net Worth
$4.9M
Grants Paid
$303K
Contributions
$200K
Net Investment Income
$156K
Distribution Amount
$253K
Total: $4.9M
Total Grants
23
Total Giving
$1M
Average Grant
$45K
Median Grant
$50K
Unique Recipients
6
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchPRE-SELECTED BY FOUNDATION | Uvalde, TX | $100K | 2023 |
| Arkansas Food BankPRE-SELECTED BY FOUNDATION | Little Rock, AR | $60K | 2023 |
| North Texas Food BankPRE-SELECTED BY FOUNDATION | Plano, TX | $60K | 2023 |
| East Union Mississippi BaptistPRE-SELECTED BY FOUNDATION | Hensley, AR | $50K | 2023 |
| Little Rock Compassion CenterPRE-SELECTED BY FOUNDATION | Little Rock, AR | $30K | 2023 |
| CarelinkPRE-SELECTED BY FOUNDATION | North Little Rock, AR | $3K | 2023 |