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Hugh L Adams Charitable Trust is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2012. The principal officer is Deutsch Bank Trust Co Na Ttee. It holds total assets of $48.7M. Annual income is reported at $19.1M. Total assets have grown from $24M in 2010 to $47.8M in 2022. The foundation is governed by 1 officer or trustee. 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 2020 to 2023. Funding is distributed across 5 states, including New York, Connecticut, Texas. According to available records, Hugh L Adams Charitable Trust has made 16 grants totaling $6.4M, with a median grant of $238K. The foundation has distributed between $3.1M and $3.3M annually from 2021 to 2022. Individual grants have ranged from $155K to $1.3M, with an average award of $401K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New Jersey, New York, Texas, which account for 75% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$165K
Median Grant
$248K
Average Grant
$413K
Largest Grant
$1.3M
Based on 8 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.
Hugh L Adams Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NJ, NY, TX.
Hugh L Adams Charitable Trust has distributed a total of $6.4M across 16 grants. The median grant size is $238K, with an average of $401K. Individual grants have ranged from $155K to $1.3M.
Hugh L Adams Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Hugh L Adams Charitable Trust is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deutsche Bank Trust Company N A | TRUSTEE | $311K | $0 | $311K |
Total Giving
$3M
Total Assets
$47.8M
Fair Market Value
$56.6M
Net Worth
$47.8M
Grants Paid
$2.6M
Contributions
N/A
Net Investment Income
$3M
Distribution Amount
$2.8M
Total Grants
16
Total Giving
$6.4M
Average Grant
$401K
Median Grant
$238K
Unique Recipients
8
Most Common Grant
$165K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Princeton UniversityGENERAL PURPOSE GRANT | Princeton, NJ | $1.3M | 2022 |
| American Heart AssociationGENERAL SUPPORT GRANT | Dallas, TX | $660K | 2022 |
| Metropolitan Museum Of ArtGENERAL SUPPORT GRANT | New York, NY | $330K | 2022 |
| The Fund For Public Schools IncGENERAL OPERATING | New York, NY | $330K | 2022 |
| AspcaGENERAL PURPOSE GRANT | New York, NY | $165K | 2022 |
| Westover School IncGENERAL PURPOSE GRANT | Middlebury, CT | $165K | 2022 |
| Westchester Medical CenterGENERAL PURPOSE GRANT | Valhalla, NY | $165K | 2022 |
| Jefferson HospitalGENERAL PURPOSE GRANT | Jefferson Hills, PA | $165K | 2022 |