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Also known as: FOUNDATION
John And Patricia Adams Foundation is a private corporation based in SOUTHLAKE, TX. The foundation received its IRS ruling in 2006. The principal officer is % John Q Adams. It holds total assets of $6.6M. Annual income is reported at $2.6M. THE MISSION OF THE JOHN AND PATRICIA ADAMS FOUNDATION IS TO PROVIDE FUNDING ON A PERPETUAL BASIS TO DESERVING ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS OR EDUCATIONAL PURPOSES, WITH EMPHASIS ON EDUCATION, WITHIN THE MEANING OF SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. According to available records, John And Patricia Adams Foundation has made 28 grants totaling $1.6M, with a median grant of $50K. Annual giving has grown from $295K in 2020 to $360K in 2023. Grantmaking activity was highest in 2022 with $550K distributed across 10 grants. Individual grants have ranged from $20K to $100K, with an average award of $56K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Texas, Ohio, North Carolina, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
THE MISSION OF THE JOHN AND PATRICIA ADAMS FOUNDATION IS TO PROVIDE FUNDING ON A PERPETUAL BASIS TO DESERVING ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS OR EDUCATIONAL PURPOSES, WITH EMPHASIS ON EDUCATION, WITHIN THE MEANING OF SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE.
Expenses: $374K
THE MISSION OF THE JOHN AND PATRICIA ADAMS FOUNDATION IS TO PROVIDE FUNDING ON A PERPETUAL BASIS TO DESERVING ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS OR EDUCATIONAL PURPOSES, WITH EMPHASIS ON EDUCATION, WITHIN THE MEANING OF SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in TX, OH, NC.
John And Patricia Adams Foundation has distributed a total of $1.6M across 28 grants. The median grant size is $50K, with an average of $56K. Individual grants have ranged from $20K to $100K.
John And Patricia Adams Foundation typically selects its grantees rather than accepting unsolicited proposals.
John And Patricia Adams Foundation is headquartered in SOUTHLAKE, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Adams | PRESIDENT | $0 | $0 | $0 |
| Patricia Adams | SECRETARY | $0 | $0 | $0 |
| John Adams Jr | FORMER VP | $0 | $0 | $0 |
| Lary Snodgrass | TRUSTEE | $0 | $0 | $0 |
| Sam P Burford Jr | TRUSTEE | $0 | $0 | $0 |
Total Giving
$445K
Total Assets
$6.5M
Fair Market Value
$6.9M
Net Worth
$6.5M
Grants Paid
$360K
Contributions
$0
Net Investment Income
$130K
Distribution Amount
$326K
Total Grants
28
Total Giving
$1.6M
Average Grant
$56K
Median Grant
$50K
Unique Recipients
8
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of North CarolinaEDUCATION PROGRAMS | Chapel Hill, NC | $100K | 2023 |
| Heidelberg CollegePATRICIA ADAM LECTURE SERIES | Tiffin, OH | $100K | 2023 |
| Happy Hill FarmEDUCATIONAL PROGRAMS | Granbury, TX | $60K | 2023 |
| Ranger Academic Enrichment FdtEDUCATIONAL PROGRAMS | Perryton, TX | $50K | 2023 |
| Seeds Of LearningENDOWMENT FUND | Pagosa Springs, CO | $50K | 2023 |
EDMOND, OK
GREENWOOD, SC
RICHMOND, CA
INCLINE VLG, NV
DUNN, NC
| Sherri Adams |
| TRUSTEE |
| $0 |
| $0 |
| $0 |
| Amanda Brown | TRUSTEE | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Child Care AssociatesPREK CHILD PARTNERSHIP | Fort Worth, TX | $70K | 2022 |
| Rivertree AcademyEDUCATIONAL PROGRAMS | Fort Worth, TX | $63K | 2021 |
| Momentuous InstituteEDUCATIONAL PROGRAMS | Dallas, TX | $25K | 2021 |
HOUSTON, TX
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