Adams Fund FY2023 filing

Tax-deductible

Los Angeles, CA501(c)(3)EIN 95-6015986

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

Before you give

FY2023 · 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
5 of 6
filings with a surplus
Average surplus $795K a year · 42% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
7 mo
of spending, in cash
Looks good: 7.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.5M
67% of total assets
Worth a look: liabilities are 67% of assets; over 65%.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
+5% vs prior year
Spent
$1.1M
Net assets
$766K
By yearFY2020–FY2025
Revenue
$2.6M
FY2023▲ +5%
Revenue by fiscal year
FY2020$1.7M
FY2021$2.0M
FY2022$2.5M
FY2023$2.6M
FY2024$1.8M
FY2025$853K
Expenses
$1.1M
FY2023▲ +20%
Expenses by fiscal year
FY2020$1.0M
FY2021$1.2M
FY2022$928K
FY2023$1.1M
FY2024$1.0M
FY2025$1.4M
Net assets
$766K
FY2023▼ -13%
Net assets by fiscal year
FY2020$490K
FY2021$744K
FY2022$884K
FY2023$766K
FY2024$91K
FY2025−$478K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 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 Oct 1961.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 94% · $1.1M Operating & administrative 6% · $65K

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

Who runs it and what they're paid

4 people listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Adams Fund executive salaries →

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Programs and updates

A private foundation based in Los Angeles, CA.

Provided by the organization

This section is blank until Adams Fund 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 · 57 grants · $1.3M · 2025–2025
Hoag HospitalFY2025$300,000
Havard Westlake SchoolFY2025$100,000
St Francis High SchoolFY2025$98,900
Catholic Education FoundationFY2025$75,000
Killebrew-Thompson Memorial FundFY2025$68,000
Breakthrough T1dFY2025$55,600
Jserra Catholic High SchoolFY2025$55,000
Santa Ynez Band of Chumash IndiansFY2025$54,000
California Art ClubFY2025$52,000
World Business AcademyFY2025$30,000
Childrens HospitalFY2025$27,500
St Bede the Venerable ParishFY2025$25,000
SchoolpowerFY2025$25,000
Hollenbeck PalmsFY2025$25,000
Doctors Without BordersFY2025$25,000
City of HopeFY2025$22,500
Education for All ChildrenFY2025$22,000
St Johns Healthcare FoundationFY2025$20,000
See all 57 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$23K
Median grantPart XV$8K
Largest grantPart XV$300K

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$2.6M
Gifts and grants$1.9M
Other income$596K
Investment income$144K
Money out
$1.1M
Grants paid$1.1M
Running costs$65K
Owns and owes
$766K
net assets
Cash and savings$666K
Total assets$2.3M
Liabilities$1.5M
People
4
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$1.9M
Investment income$144K
Other income$596K
Total revenue$2.6M
Assets in detailEnd of year
Cash and savings together$666K
Total assets$2.3M
Liabilities$1.5M
Net assets$766K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $853K$1.4M−$566K−$478K 990 PDF
FY2024 $1.8M$1.0M$753K$91K 990 PDF
FY2023 Viewing $2.6M$1.1M$1.5M$766K 990 PDF
FY2022 $2.5M$928K$1.6M$884K 990 PDF
FY2021 $2.0M$1.2M$819K$744K 990 PDF
FY2020 $1.7M$1.0M$672K$490K 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) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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