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Filing year 2024

MCADAMS FOUNDATION

Indianapolis, Indiana·EIN 35-1656218·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$48k
Total assets
$596k
Total expenses
$53k
Reported officers
8

Executive compensation

Form 990-PF · Part VIII · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana.

Trustee/president
Board President
25th percentile to median
$13k
$13k
Non-voting Trainee
Unclassified
$300
$323
Trustee/vice-president
Board President
Below 10th percentile
$300
$323
Trustee/vice-president
Board President
Below 10th percentile
$300
$323
Trustee/vice-president
Board President
Below 10th percentile
$300
$323
Trustee/vice-president
Board President
Below 10th percentile
$300
$323
Trustee/vice-president
Board President
Below 10th percentile
$300
$323
Non-voting Trainee
Unclassified
$300
$323

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MCADAMS FOUNDATION equaled 24% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
24%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$28k

Itemized grants

13

Median grant

$1k

RecipientLocationPurposeAmount
ARSENAL TECHNICAL HIGH SCHOOL ALUMNI ASSOCIATION INCINDIANAPOLIS, INSCHOLARSHIPS$6k
CONNER PRAIRIEFISHERS, IN2024 MISSION$5k
AINSLEY'S ANGELS OF AMERICAVIRGINIA BEACH, VATO SUPPORT LOCAL YOUTH ATHLETES$5k
RILEY CHILDREN'S FOUNDATIONINDIANAPOLIS, INRILEY HOSPITAL FOR CHILDREN FUND$3k
LIFE POINT CHURCHINDIANAPOLIS, INGENERAL FUND$2k
THE SALVATION ARMYINDIANAPOLIS, INRED KETTLE CHRISTMAS KICKOFF$2k
THE INDIANAPOLIS PUBLIC LIBRARY FOUNDATIONINDIANAPOLIS, INTO SUPPORT GENERAL PROGRAMS AND SERVICES$1k
HUNGER INC FOOD PANTRYINDIANAPOLIS, INNON-PROFIT FOOD PANTRY$1k
THE DOLLYWOOD FOUNDATIONSEVIERVILLE, TNIMAGINATION LIBRARY$1k
INDIANA CENTRAL LITTLE LEAGUEINDIANAPOLIS, INSUPPORTING OUR YOUTH$800
HAMILTON SOUTHEASTERN EDUCATION FOUNDATIONFISHERS, INGENERAL CLASSROOM NEEDS$300
ST RICHARD'S EPISCOPAL SCHOOLINDIANAPOLIS, INGENERAL SUPPORT$100
CLEARWATER ELEMENTARYINDIANAPOLIS, INGENERAL CLASSROOM NEEDS$100
Compare this foundation's grantees

Held steady
from 2023

From $13k in 2023 to $13k in 2024.

$13k
2023
$13k
2024
In today's dollarsEst.
Down 3% in real terms$14k to $13k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 107%.

$13k in 2023 to $13k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MCADAMS FOUNDATION

What does the Board President of MCADAMS FOUNDATION earn?

In 2024, the Board President of MCADAMS FOUNDATION received $12,500 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at MCADAMS FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2024 pay of the Board President at MCADAMS FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at MCADAMS FOUNDATION equaled 24% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MCADAMS FOUNDATION's revenue and expenses?

In 2024, MCADAMS FOUNDATION reported $48k in total revenue and $53k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.