Adams Family Foundation Inc
- Assets
- $2.9m
- Revenue
- $412.3k
- Investments
- $2.8m
- Employees
- 0
- Location
- East Haven, CT
- Founding
- 01/2014
- Data as of
- 12/2021
- EIN
- 46-1605185
Organization Overview
Adams Family Foundation Inc is located in East Haven, CT. The organization was established in 2014. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adams Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Adams Family Foundation Inc generated $412.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $408.9k during the year ending 12/2021. While expenses have increased by 15.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Adams Family Foundation Inc has awarded 74 individual grants totaling $1,145,457. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel D Adams Vice President, Director | 1 | $0 | |
Manon Cox President | 1 | $0 | |
Amanda Q Adams Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $254,474 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $157,865 |
| Capital Gain Net Income | $157,865 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $412,339 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $37,885 |
| Contributions, gifts, grants paid | $371,058 |
| Total expenses and disbursements | $408,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,317 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,935,359 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Adams Family Foundation Inc has awarded $371,058 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: EDUCATION AND SCIENCE HISTORY PRESERVATION | $100,000 |
FREINDS' CENTRAL SCHOOL PURPOSE: EDUCATION | $50,000 |
New York, NY PURPOSE: EDUCATION | $50,000 |
BRITISH SCHOOLS & UNIVERSITIES PURPOSE: EDUCATION | $50,000 |
NYU LAW PURPOSE: EDUCATION | $25,000 |
New York, NY PURPOSE: EDUCATION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hebrew Home For The Aged Atriverdale Foundation Inc Bronx, NY | $107,017,435 | $14,129,144 |
Accountable Justice Action Fund Brooklyn, NY | $17,302,951 | $19,744,733 |
Boston Bar Foundation Inc Boston, MA | $10,948,237 | $1,799,920 |
New York Bar Foundation Albany, NY | $14,786,501 | $1,758,419 |
We Oppose Violence Everywhere Now Inc New York, NY | $1,021,458 | $822,834 |
Hundred Club Of Massachusetts Inc Braintree, MA | $9,340,113 | $815,829 |
Rhode Island Bar Foundation Cranston, RI | $5,128,655 | $975,173 |
Tour De Force Bike Ride Inc Washingtonville, NY | $152,206 | $627,759 |
Adams Family Foundation Inc East Haven, CT | $2,935,359 | $412,339 |
Erie County Bar Foundation Inc Buffalo, NY | $1,955,351 | $342,420 |
Hope Mobilization Inc Lowell, MA | $38,226 | $284,897 |
Dutchess County 10-13 Foundation Inc Hopewell Junction, NY | $64,934 | $0 |