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EIN 20-4207093

Wally Adams Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Columbus
State
North Carolina
Year formed
2014
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Wally Adams Foundation is a private foundation located in Columbus, NC that primarily funds its general fund using tax-exempt interest income earned on its bank account. Its grantees include Florida Sheriffs Youth Ranches Inc and other organizations, and it made four grants last year.
Total revenues
$29,089
2023
Total expenses
$36,727
2023
Total assets
$557,230
2023
Num. employees
0
2023

Program areas at Wally Adams Foundation

Interest income earned on the bank account that is used to maintain the funds of the organization.
Tax exempt interest income from trust that contributed initial funding for the organization.

Grants made by Wally Adams Foundation

GranteeGrant descriptionAmount
Mote Marine Laboratory and AquariumGeneral Fund$9,500
Hastys HavenGeneral Fund$4,821
Hope Equine RescueGeneral Fund$4,500
...and 1 more grant made

Personnel at Wally Adams Foundation

NameTitleCompensation
Mary Patricia AdamsDirector$0
Charles W AdamsPresident$0

Financials for Wally Adams Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$13,163
Net rental income$0
Net gain from sale of non-inventory assets$15,926
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$29,089

Form 990s for Wally Adams Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-24990PFView PDF
2022-122023-07-26990PFView PDF
2021-122022-05-16990PFView PDF
2020-122021-05-07990PFView PDF
2019-122022-01-21990PFView PDF
...and 7 more Form 990s
Data update history
September 1, 2024
Posted financials
Added Form 990PF for fiscal year 2023
August 26, 2024
Used new vendors
Identified 1 new vendor, including
August 25, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 12, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 12, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
385 Blackwood Rd
Columbus, NC 28722
County
Polk County, NC
Phone
(863) 318-1274
IRS details
EIN
20-4207093
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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