Adams Foundation FY2021 filing

Tax-deductible

Montgomery, AL501(c)(3)EIN 63-1059010

501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $1K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$143K
+250% vs prior year
Spent
$116K
Net assets
$695K
By yearFY2020–FY2025
Revenue
$143K
FY2021▲ +250%
Revenue by fiscal year
FY2020$41K
FY2021$143K
FY2022−$1K
FY2023$51K
FY2024$67K
FY2025$69K
Expenses
$116K
FY2021▲ +134%
Expenses by fiscal year
FY2020$50K
FY2021$116K
FY2022$41K
FY2023$71K
FY2024$45K
FY2025$55K
Net assets
$695K
FY2021▲ +4%
Net assets by fiscal year
FY2020$669K
FY2021$695K
FY2022$653K
FY2023$635K
FY2024$660K
FY2025$673K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 86% · $100K Operating & administrative 14% · $16K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See Adams Foundation executive salaries →

Programs and updates

A private foundation based in Montgomery, AL.

Provided by the organization

This section is blank until Adams Foundation claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 6 grants · $45K · 2025–2025
San Francisco OperaFY2025$15,000
Rotary FoundationFY2025$15,000
Fairhope Rotary Club FoundationFY2025$6,040
Los Altos History MuseumFY2025$5,000
Montgomery Rotary Charity FoundationFY2025$2,500
Montgomery Christian SchoolFY2025$1,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$7K
Median grantPart XV$6K
Largest grantPart XV$15K

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$143K
Investment income$143K
Money out
$116K
Grants paid$100K
Running costs$16K
Owns and owes
$695K
net assets
Cash and savings$34K
Total assets$696K
Liabilities$1K
2In more detail
Revenue in detail
Investment income$143K
Total revenue$143K
Assets in detailEnd of year
Cash and savings together$34K
Total assets$696K
Liabilities$1K
Net assets$695K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $69K$55K$14K$673K 990 PDF
FY2024 $67K$45K$22K$660K 990 PDF
FY2023 $51K$71K−$20K$635K 990 PDF
FY2022 −$1K$41K−$42K$653K 990 PDF
FY2021 Viewing $143K$116K$26K$695K 990 PDF
FY2020 $41K$50K−$9K$669K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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