BOISE, ID
Hop & Mae Adams Foundation
Quick Facts
- EIN
- 271393341
- Location
- BOISE, ID
- Category
- Philanthropy & Grantmaking
- Total Assets
- $47M
- Annual Income
- $7.3M
- IRS Ruling Year
- 2010
- Organization Type
- Trust
- Principal Officer
- % Edward D Ahrens
- Tax Deductibility
- Contributions are deductible
About This Foundation
Hop & Mae Adams Foundation is a private trust based in BOISE, ID. The foundation received its IRS ruling in 2010. The principal officer is % Edward D Ahrens. It holds total assets of $47M. Annual income is reported at $7.3M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$2.5M
2022+8%
Total Assets
$46M
2022+5%
Fair Market Value
$45.4M
2022
Net Worth
$45.3M
2022
Grants Paid
$252K
2022
Contributions
$0
2022
Net Investment Income
$4.3M
2022
Distribution Amount
$1.6M
2022
Total Giving by Year
$208K
11$524K
12$982K
13$1.6M
14$1.9M
18$2M
19$2.2M
20$2.3M
21$2.5M
22Asset Growth
$175K
11$32.2M
12$37.1M
13$36.5M
14$37.6M
18$38.4M
19$39.2M
20$43.9M
21$46M
22Investment Portfolio (2022)
Total: $3.1M
Corporate Stock: $1.2M
Corporate Bonds: $1.3M
Government Obligations: $640K
Other Investments: $6M
Corporate Stock (13%)
Corporate Bonds (14%)
Government Obligations (7%)
Other Investments (66%)
Expense Breakdown (2022)
Depreciation$722K
Grants Paid$252K
Legal Fees$71K
Travel & Conferences$41K
Accounting Fees$40K
Revenue Sources (2022)
- Capital Gains (Net)
- $2.8M
- Gross Rents
- $1.6M
- Dividends
- $329K
- Interest
- $8K
- Other Income
- $-25,996
Financial Details (2022)
- Total Revenue
- $4.6M
- Total Expenses
- $2.5M
- Exempt Purpose Expenses
- $1.5M
- Required Distribution
- $1.6M
- Undistributed Income
- $0
- Total Liabilities
- $749K
- Excise Tax
- $60K
- Tax Due
- $198
Foundation Classification (2022)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
27
Total Giving
$640K
Average Grant
$24K
Median Grant
$6K
Total Giving by Year
$145K (7 grants)
21$243K (9 grants)
22$252K (11 grants)
23Grant Range
Min$400
Max$110K
Median: $6K
Smallest grantLargest grant
Openness to New Grantees (2023)
64%
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
ID: $65K (3)
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
NV: $575K (24)
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
NV$575K (24)
ID$65K (3)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greenhouse ProjectFlower Basket Project. | Carson City, NV | $73K | 2023 |
| Xquisite LlcHelp and Assistance of Abused Women. | Carson City, NV | $60K | 2023 |
| Adams Northgate IncCombat Community Deterioration in Carson City, Nevada. | Boise, ID | $55K | 2023 |
| Nevada State Eb-5 Regional Center IncCarson City Neighborhood Development. | Carson City, NV | $34K | 2023 |
| State Of Nevada Department Of EducationYouth Education. | Carson City, NV | $14K | 2023 |
| Basque Museum & Cultural CenterEducation. | Boise, ID | $5K | 2023 |
| Friends In Service Helping (Fish)Food and Shelter Services. | Carson City, NV | $5K | 2023 |
| Carson City Culture & Tourism Authority Dba Visit Carson CitySupport tourism in Carson City, Nevada. | Carson City, NV | $3K | 2023 |
| Carson City Schools FoundationYouth Education. | Carson City, NV | $2K | 2023 |
| Office Of Small Business AdvocacySmall Business Development. | Las Vegas, NV | $1K | 2023 |
| Carson City High SchoolYouth Education. | Carson City, NV | $700 | 2023 |
| Northern Nevada Development AuthorityProvide Workforce Development and Support Economic Development. | Carson City, NV | $110K | 2022 |
| Nevada State Eb-5 Regional Center IncCarson City Neighborhood Development. | Carson City, NV | $65K | 2022 |
| Boys And Girls Club Of Western NevadaDisadvantaged Youth. | Carson City, NV | $30K | 2022 |
| Greenhouse ProjectFlower Basket Project. | Carson City, NV | $10K | 2022 |
| St Teresa Of Avila Catholic SchoolYouth Education. | Carson City, NV | $10K | 2022 |
| Northern Nevada ScoreProvide Workforce Development. | Reno, NV | $6K | 2022 |
| Friends In Service Helping (Fish)Food and Shelter Services. | Carson City, NV | $5K | 2022 |
| Carson City Chamber Of CommerceLeadership Project. | Carson City, NV | $5K | 2022 |
| Carson City High SchoolYouth Education. | Carson City, NV | $3K | 2022 |
| Northern Nevada Development AuthoritySupport Economic Development | Carson City, NV | $60K | 2021 |
| Nevada State Eb-5 Regional Center IncCarson City Neighborhood Development | Carson City, NV | $60K | 2021 |
| Northern Nevada ScoreProvide Workforce Development | Reno, NV | $14K | 2021 |
| The Basque Museum & Cultural CenterEducation | Boise, ID | $5K | 2021 |
| Greenhouse ProjectFlower Basket Project | Carson City, NV | $5K | 2021 |
| Friends In Service Helping (Fish)Food and Shelter Services | Carson City, NV | $509 | 2021 |
| Carson City High SchoolYouth Education | Carson City, NV | $400 | 2021 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-03 | 990PF | View Filing |
| 2022-03 | 990PF | View Filing |
| 2021-03 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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