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Also known as: FOUNDATION INC C/O KATHY JONES
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Robert B Adams Foundation Inc. is a private corporation based in MILLBROOK, AL. The foundation received its IRS ruling in 1999. The principal officer is Kathy Jones Aum. It holds total assets of $295K. Annual income is reported at $59K. Total assets have grown from $219K in 2010 to $304K in 2022. The foundation is governed by 11 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Alabama. According to available records, Robert B Adams Foundation Inc. has made 9 grants totaling $62K, with a median grant of $8K. Annual giving has grown from $12K in 2021 to $50K in 2022. Individual grants have ranged from $4K to $8K, with an average award of $7K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$8K
Average Grant
$8K
Largest Grant
$8K
Based on 3 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.
Robert B Adams Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in AL.
Robert B Adams Foundation Inc. has distributed a total of $62K across 9 grants. The median grant size is $8K, with an average of $7K. Individual grants have ranged from $4K to $8K.
The class of individuals eligible to receive scholarships will be those individuals pursuing degrees in the field of clinical laboratory sciences.
Robert B Adams Foundation Inc. is headquartered in MILLBROOK, AL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephanie M Hobbs | BOARD MEMBER | $0 | $0 | N/A |
| Walter C Bell | BOARD MEMBER | $0 | $0 | N/A |
| Lindsey Raney | BOARD MEMBER | $0 | $0 | N/A |
| D Kyle Johnson | PRESIDENT | $0 | $0 | N/A |
| Kathy W Jones | SECRETARY/TREASURER | $0 | $0 | N/A |
| Tracy Camara | BOARD MEMBER | $0 | $0 | N/A |
| Dr Kyle Taylor | BOARD MEMBER | $0 | $0 | N/A |
| Jean G Adams | BOARD MEMBER | $0 | $0 | N/A |
| Kathy Dugan | BOARD MEMBER | $0 | $0 | N/A |
| C Bruce Alexander | BOARD MEMBER | $0 | $0 | N/A |
| Cristina Magi-Galluzzi | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$36K
Total Assets
$304K
Fair Market Value
$428K
Net Worth
$304K
Grants Paid
$24K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$21K
Total: $296K
Total Grants
9
Total Giving
$62K
Average Grant
$7K
Median Grant
$8K
Unique Recipients
3
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Auburn University MontgomeryEDUCATIONAL SUPPORT | Montgomery, AL | $8K | 2022 |
| Baptist Health SystemsEDUCATIONAL SUPPORT | Montgomery, AL | $8K | 2022 |
| University Of Alabama BirminghamEDUCATIONAL SUPPORT | Birmingham, AL | $8K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL