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Nonprofit · EIN 26-3373791

ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION

Tax-exempt · CHICAGO, IL 60680

Financials

$2.2M$1.1M2023$4.4M$1.3M2024$8.6M$1.3M2025
Revenue Expenses · by fiscal year end
Financials of ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$8,599,066$1,262,253$7,336,813$21,567,794$0$21,567,794
December 31, 2024990-PF$4,372,616$1,277,471$3,095,145$17,752,088$0$17,752,088
December 31, 2023990-PF$2,230,465$1,118,025$1,112,440$15,951,044$13,500$15,937,544
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$5,211,574
Dividends
$491,310
Net gain from sales of assets
$2,895,815
Other income
$367

Expenses

Grants and similar amounts paid
$905,000
Compensation of officers, directors and key employees
$63,067
Salaries, compensation and benefits (total)
$59,900
Disbursements for charitable purposes
$1,161,458
Excise tax on investment income
$45,750

Balance sheet and other

Total assets, start of year
$17,752,088
Total assets, end of year
$21,567,794
Total liabilities, end of year
$0
Net assets, end of year
$21,567,794
Fair market value of assets
$28,924,604
Qualifying distributions
$2,161,458
Net investment income
$3,386,581

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
BLAIR CARTY
PO BOX 803878, CHICAGO, IL 60680
TREASURER/EXECUTIVE DIRECTOR/CHAIRMAN OF BOARD20$63,067
TATUM BARNES
PO BOX 803878, CHICAGO, IL 60680
PROGRAM DIRECTOR
Highest-paid employee
20$59,900
PETER D ADAMS
PO BOX 803878, CHICAGO, IL 60680
PRESIDENT0$0
REBECCA B ADAMS
PO BOX 803878, CHICAGO, IL 60680
VICE PRESIDENT0$0
MARLEE SNOWDON
PO BOX 803878, CHICAGO, IL 60680
SECRETARY5$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
BLAIR CARTY
PO BOX 803878, CHICAGO, IL 60680
TREASURER/EXECUTIVE DIRECTOR/CHAIRMAN OF BOARD40$77,500
PETER D ADAMS
PO BOX 803878, CHICAGO, IL 60680
PRESIDENT10$0
REBECCA B ADAMS
PO BOX 803878, CHICAGO, IL 60680
VICE PRESIDENT10$0
MARLEE SNOWDON
PO BOX 803878, CHICAGO, IL 60680
SECRETARY5$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
BLAIR CARTY
PO BOX 803878, CHICAGO, IL 60680
TREASURER/EXECUTIVE DIRECTOR/CHAIRMAN OF BOARD40$75,000
PETER D ADAMS
PO BOX 803878, CHICAGO, IL 60680
PRESIDENT10$0
REBECCA B ADAMS
PO BOX 803878, CHICAGO, IL 60680
VICE PRESIDENT10$0
MARLEE SNOWDON
PO BOX 803878, CHICAGO, IL 60680
SECRETARY5$0

Address and contacts

Address (IRS master file)
PO BOX 803878, CHICAGO, IL 60680-3878
In care of
% THE NORTHERN TRUST COMPANY
Signed the 990-PF
ADAMS LEGACY FOUNDATION, TRUSTEE
Phone
(562) 431-0011
Return prepared by
ERNST & YOUNG US LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
26-3373791
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$21,567,794
Income (IRS master file)
$21,255,656

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$8,599,066$1,262,253$21,567,794XML
990-PFDecember 2024$4,372,616$1,277,471$17,752,088XML
990-PFDecember 2023$2,230,465$1,118,025$15,951,044XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3373791).

Questions about ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION

What is the EIN of ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION?
The employer identification number (EIN) of ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION is 26-3373791.
Is ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 2 received compensation from the organization, the highest $63,067 (BLAIR CARTY, TREASURER/EXECUTIVE DIRECTOR/CHAIRMAN OF BOARD).
How much revenue does ADAMS LEGACY FOUNDATION A DELAWARE NONPROFIT CORPORATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $8,599,066, expenses of $1,262,253 and total assets of $21,567,794 at year end.

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