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Rhea H Adam Trust Fund is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 2016. It holds total assets of $8.6M. Annual income is reported at $6.8M. 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. The foundation primarily funds organizations in Ohio and New York. According to available records, Rhea H Adam Trust Fund has made 18 grants totaling $1.5M, with a median grant of $300. Annual giving has grown from $465K in 2020 to $572K in 2022. Individual grants have ranged from $100 to $569K, with an average award of $86K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Ohio and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$300
Average Grant
$78K
Largest Grant
$462K
Based on 6 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.
Rhea H Adam Trust Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in OH, NY.
Rhea H Adam Trust Fund has distributed a total of $1.5M across 18 grants. The median grant size is $300, with an average of $86K. Individual grants have ranged from $100 to $569K.
Rhea H Adam Trust Fund typically selects its grantees rather than accepting unsolicited proposals.
Rhea H Adam Trust Fund is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bny Mellon N A | TRUSTEE | $61K | $0 | $61K |
Total Giving
$515K
Total Assets
$8.2M
Fair Market Value
$9.5M
Net Worth
$8.2M
Grants Paid
$438K
Contributions
N/A
Net Investment Income
$880K
Distribution Amount
$430K
Total Grants
18
Total Giving
$1.5M
Average Grant
$86K
Median Grant
$300
Unique Recipients
7
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Akron Community FoundationGENERAL OPERATING | Akron, OH | $569K | 2022 |
| Akron Childrens Hospital FoundationGENERAL OPERATING | Akron, OH | $2K | 2022 |
| St Paul'S Episcopal ChurchGENERAL OPERATING | Glen Cove, NY | $500 | 2022 |
| Akron Art InstituteGENERAL OPERATING | Akron, OH | $100 | 2022 |
| The Greater Akron Musical Assn IncGENERAL OPERATING | Akron, OH | $100 | 2022 |
| Stan Hywet Foundation Of AkronGENERAL OPERATING | Akron, OH | $100 | 2022 |
| Akron Children'S Hospital FoundationGENERAL OPERATING | Akron, OH | $2K | 2021 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA