Adamma Foundation
- Assets
- $0.0
- Revenue
- $54.2k
- Investments
- $1.0m
- Employees
- 0
- Location
- Encino, CA
- Founding
- 05/1990
- Data as of
- 06/2022
- EIN
- 95-4261657
Organization Overview
Adamma Foundation is located in Encino, CA. The organization was established in 1990. 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. Adamma 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 06/2022, Adamma Foundation generated $54.2k 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 (4.3%) each year. All expenses for the organization totaled $136.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Adamma Foundation has awarded 57 individual grants totaling $803,300. 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 |
|---|---|---|---|
Jose Silva Chief Financial Officer | 1 | $0 | |
Timothy J Disney Secretary | 1 | $0 | |
Deanna Cherry Vice President | 1 | $0 | |
Elizabeth O'keefe President | 1 | $0 | |
Neda Disney Vice President | 1 | $0 | |
Nicole Pagourgis Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28 |
| Dividends & Interest | $30,924 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,617 |
| Total Revenue | $54,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $31,407 |
| Contributions, gifts, grants paid | $105,000 |
| Total expenses and disbursements | $136,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $301,509 |
| Investments—mortgage loans | $0 |
| Investments—other | $115,508 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Adamma Foundation has awarded $105,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HOMIES UNIDOS PURPOSE: WORKS TO END VIOLENCE AND PROMOTE PEACE IN OUR COMMUNITIES. | $15,000 |
FORWARD PROGRESS INC PURPOSE: PROVIDES REHABILITATION SERVICES FOR EX-OFFENDERS | $15,000 |
OPEN COLLECTIVE FOUNDATION PURPOSE: GENERAL SUPPORT | $15,000 |
SOUTHERN CALIFORNIA LIBRARY FOR SOCIAL STUDIES & RESEARCH PURPOSE: DOCUMENTS AND PROVIDES ACCESS TO COMMUNITY HISTORIES OF PEOPLE WORKING TO CREATE CHANGE. | $15,000 |
COMMUNITY SUPPORT SERVICE ORGANIZATION PURPOSE: GENERAL SUPPORT | $15,000 |
SUNRISE OUTREACH CENTER PURPOSE: PROVIDES BOTH DIRECT SERVICES AND REFERRALS TO AT-RISK YOUTH PRIMARILY IN LOS ANGELES COUNTY. | $15,000 |