Donald M And Edna M Adams Charitable Trust
- Assets
- $1.4m
- Revenue
- $17.0k
- Investments
- $1.3m
- Employees
- 0
- Location
- Independence, IA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 47-3163147
Organization Overview
Donald M And Edna M Adams Charitable Trust is located in Independence, IA. The organization was established in 0000.
For the year ending 12/2023, Donald M And Edna M Adams Charitable Trust generated $17.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (36.9%) each year. All expenses for the organization totaled $107.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Donald M And Edna M Adams Charitable Trust has awarded 40 individual grants totaling $614,007. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $46,353 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$29,350 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,003 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,033 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $430 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,690 |
| Total operating and administrative expenses | $27,603 |
| Contributions, gifts, grants paid | $79,868 |
| Total expenses and disbursements | $107,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $78,293 |
| 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 | $1,367,157 |
| 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, Donald M And Edna M Adams Charitable Trust has awarded $79,868 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DISABLED AMERICAN VETERANS PURPOSE: CHARITABLE CONTRIBUTION REQUIRED BY TRUST AGREEMENT. | $15,974 |
QUASQUETON CEMETERY ASSOCIATION PURPOSE: CHARITABLE CONTRIBUTION REQUIRED BY TRUST AGREEMENT. | $15,974 |
RONALD MCDONALD HOUSE PURPOSE: CHARITABLE CONTRIBUTION REQUIRED BY TRUST AGREEMENT. | $15,973 |
SHRINERS HOSPITALS FOR CHILDREN PURPOSE: CHARITABLE CONTRIBUTION REQUIRED BY TRUST AGREEMENT. | $15,973 |
QUASQUETON HISTORICAL SOCIETY PURPOSE: CHARITABLE CONTRIBUTION REQUIRED BY TRUST AGREEMENT. | $15,974 |