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Mcadams Foundation is a private trust based in INDIANAPOLIS, IN. The foundation received its IRS ruling in 1987. It holds total assets of $596K. Annual income is reported at $181K. The foundation is governed by 8 officers and trustees. Lifepoint church8540 combs roadindianapolis, in 46237. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Indiana. According to available records, Mcadams Foundation has made 25 grants totaling $82K, with a median grant of $3K. Annual giving has decreased from $31K in 2020 to $20K in 2022. Individual grants have ranged from $300 to $6K, with an average award of $3K. The foundation has supported 15 unique organizations. Grants have been distributed to organizations in Indiana and Texas and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$2K
Average Grant
$3K
Largest Grant
$6K
Based on 8 grants from the most recent 990-PF filing.
Lifepoint church8540 combs roadindianapolis, in 46237
Expenses: $6K
Arsenal technical h.s. Alumni association, inc1500 e. Michigan streetindianapolis, in 46201
Expenses: $6K
Conner praire13400 allisonville rdfishers, in 46038
Expenses: $6K
Joy's house2028 e. Broad ripple avenueindianapolis, in 46220
Expenses: $3K
Lifepoint church8540 combs roadindianapolis, in 46237. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in IN, TX, NY.
Mcadams Foundation has distributed a total of $82K across 25 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $300 to $6K.
Operated exclusively for religious, charitable, scientific, literary, or educational purposes or to foster international amateur sports competition within the united states.
Mcadams Foundation is headquartered in INDIANAPOLIS, IN. While based in IN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kathleen R Mcadams | TRUSTEE/PRESIDENT | $13K | $0 | $13K |
| Martha L Olson | TRUSTEE/VICE-PRESIDENT | $300 | $0 | $300 |
| Anna Long | NON-VOTING TRAINEE | $300 | $0 | $300 |
| James E Mcadams | TRUSTEE/VICE-PRESIDENT | $300 | $0 | $300 |
| Timothy A Mcadams | TRUSTEE/VICE-PRESIDENT | $300 | $0 | $300 |
| Nels Olson | TRUSTEE/VICE-PRESIDENT | $300 | $0 | $300 |
| Kelsey Olson | NON-VOTING TRAINEE | $300 | $0 | $300 |
| Lars Olson | TRUSTEE/VICE-PRESIDENT | $0 | $0 | N/A |
Total Giving
$37K
Total Assets
$573K
Fair Market Value
$573K
Net Worth
$573K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
$27K
Total: N/A
Total Grants
25
Total Giving
$82K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
15
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Arsenal Technical High School Alumni Association IncSCHOLARSHIPS | Indianapolis, IN | $6K | 2022 |
| Life Point ChurchGENERAL FUND | Indianapolis, IN | $4K | 2022 |
| Conner Prairie2022 MISSION | Fishers, IN | $3K | 2022 |
| Riley Children'S FoundationRILEY CHILDREN'S HOSPITAL HONORING AKSEL O. & OLIN L. | Indianapolis, IN | $3K | 2022 |
| Franciscan Health FoundationWHERE NEEDED MOST | Indianapolis, IN | $2K | 2022 |
| Prevail IncCURRENT NEEDS | Noblesville, IN | $1K | 2022 |
| Joy'S HouseDEMENTIA PATIENTS | Indianapolis, IN | $1K | 2022 |
| Indiana Central Little LeagueFENCE SPONSOR | Indianapolis, IN | $300 | 2022 |
| The Salvation ArmyGENERAL DONATION | Indianapolis, IN | $4K | 2021 |
| Wheeler MissionGENERAL DONATION | Indianapolis, IN | $3K | 2021 |
| Susan G KomenGENERAL DONATION | Dallas, TX | $2K | 2021 |
| Ucc Pension BoardGENERAL DONATION | New York, NY | $1K | 2021 |
| Arsenal Technical Hs Alumni Association IncSCHOLARSHIPS | Indianapolis, IN | $6K | 2020 |
| Perry Township Education FoundationGENERAL DONATION | Indianapolis, IN | $3K | 2020 |
| Leukemia & Lymphoma SocietyGENERAL DONATION | Carmel, IN | $1K | 2020 |