Herbert H Mcadams Ii Foundation
- Assets
- $4.9m
- Revenue
- $212.5k
- Investments
- $4.9m
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 09/1998
- Data as of
- 12/2021
- EIN
- 62-1698262
Organization Overview
Herbert H Mcadams Ii Foundation is located in Little Rock, AR. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herbert H Mcadams Ii Foundation 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, Herbert H Mcadams Ii Foundation generated $212.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $213.4k during the year ending 12/2021. While expenses have increased by 7.7% per year over the past 6 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, Herbert H Mcadams Ii Foundation has awarded 32 individual grants totaling $883,127. 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 |
|---|---|---|---|
Kara Kratzer Trustee | 5 | $15,000 | |
Anne Mcadams Dyke Trustee | 5 | $15,000 | |
Nicole P Mcadams Trustee | 5 | $15,000 | |
Shelia W Mcadams Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $132,485 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $212,485 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,000 |
| Other employee salaries and wages | $6,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,268 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $459 |
| Total operating and administrative expenses | $54,907 |
| Contributions, gifts, grants paid | $158,457 |
| Total expenses and disbursements | $213,364 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,803 |
| Savings and temporary cash investments | $1,561 |
| 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 | $4,906,334 |
| 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, Herbert H Mcadams Ii Foundation has awarded $158,457 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST UNITED METHODIST CHURCH PURPOSE: PRE-SELECTED BY FOUNDATION | $100,000 |
NORTH TEXAS FOOD BANK PURPOSE: PRE-SELECTED BY FOUNDATION | $30,000 |
Little Rock, AR PURPOSE: PRE-SELECTED BY FOUNDATION | $13,457 |
Little Rock, AR PURPOSE: PRE-SELECTED BY FOUNDATION | $10,000 |
CARELINK PURPOSE: PRE-SELECTED BY FOUNDATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |