RB&R ADAMS FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: RB&R ADAMS FAMILY FOUNDATION (EIN 37-1846575)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-04-14
IRS object ID: 202531049349100533
Schema version: 2024v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Investments Corp Stock Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-04-14T16:46:50-04:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	760411322	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HILLIARD & ASSOCIATES PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	14100 SOUTHWEST FWY STE 430	AddressLine1Txt
City	SUGAR LAND	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	774783548	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	371846575	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	R B & R ADAMS FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	RB&R	BusinessNameControlTxt
Phone	7135622778	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2801 BISSONNET	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77005	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RUSSELL ADAMS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7135622778	PhoneNum
Signature	2025-03-27	SignatureDt

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	J M HILLIARD CPA	PreparerPersonNm
PTIN	P00052376	PTIN
Phone	2812422997	PhoneNum
Preparation	2025-03-27	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$497,155	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$18,837	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$18,837	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$2,668	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$2,668	DividendsNetInvstIncmAmt
Total Rev And Expnss	$21,505	TotalRevAndExpnssAmt
Total Net Invst Incm	$21,505	TotalNetInvstIncmAmt
Taxes Rev And Expnss	$1,231	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$295	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$1,526	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$24,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$24,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$25,526	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$24,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$4,021	ExcessRevenueOverExpensesAmt
Net Investment Income	$21,505	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$411,476	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$406,455	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$406,455	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses EOY	$1,000	PrepaidExpensesEOYAmt
Corporate Stock BOY	$55,484	CorporateStockBOYAmt
Corporate Stock EOY	$55,484	CorporateStockEOYAmt
Corporate Stock EOYFMV	$90,700	CorporateStockEOYFMVAmt
Total Assets BOY	$466,960	TotalAssetsBOYAmt
Total Assets EOY	$462,939	TotalAssetsEOYAmt
Total Assets EOYFMV	$497,155	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$466,960	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$462,939	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$466,960	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$462,939	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$466,960	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$462,939	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$466,960	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$4,021	ExcessRevenueOverExpensesAmt
Subtotal	$462,939	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$462,939	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$299	InvestmentIncomeExciseTaxAmt
Subtotal	$299	SubtotalAmt
Tax Based On Investment Income	$299	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$1,000	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$1,000	TotalPaymentsAndCreditsAmt
Overpayment	$701	OverpaymentAmt
Applied To ES Tax	$0	AppliedToESTaxAmt
Refund	$701	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	TX	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	RUSSELL ADAMS	IndividualWithBooksNm
Phone	7135622778	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2801 BISSONNET	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77005	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
RUSSELL ADAMS
2801 BISSONNET	HOUSTON	TX	770054014	PRESIDENT	000.00	$0	$0	$0
JAMIE LYN HENDRIXSON
632 VIEW PARK DRIVE	KNOXVILLE	TN	37920	SECRETARY	000.00	$0	$0	$0
MICHAEL HILLIARD
14100 SOUTHWEST FREEWAY SUITE 430	SUGAR LAND	TX	77478	DIRECTOR	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$79,849	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$419,738	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$499,587	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$499,587	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$7,494	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$492,093	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$24,605	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$24,605	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$299	TaxBasedOnInvestmentIncomeAmt
Total Tax	$299	TotalTaxAmt
Distributable Before Adj	$24,306	DistributableBeforeAdjAmt
Distributable Before Ded	$24,306	DistributableBeforeDedAmt
Distributable As Adjusted	$24,306	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$24,000	ExpensesAndContributionsAmt
Qualifying Distributions	$24,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$24,306	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2	$2,803,951	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$2,452,179	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$5,256,130	TotalExcessDistributionCyovAmt
Qualifying Distributions	$24,000	QualifyingDistributionsAmt
Applied To Current Year	$24,000	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$306	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$306	ExcessDistributionCyovAppCYAmt
Total Corpus	$5,255,824	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$5,255,824	ExcessDistriCyovToNextYrAmt
Excess From Year2	$2,803,645	ExcessFromYear2Amt
Excess From Year1	$2,452,179	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	RUSSELL B ADAMS	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	2801 BISSONNET	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77005	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	7135622778	RecipientPhoneNum
Recipient Email Address	RADAMS@GEOROAMER.COM	RecipientEmailAddressTxt
Form And Info And Materials	NO FORMAT REQUIRED	FormAndInfoAndMaterialsTxt
Submission Deadlines	NOT ESTABLISHED	SubmissionDeadlinesTxt
Restrictions On Awards	NONE ESTABLISHED	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CAMP GRIER	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 490	AddressLine1Txt
City	OLD FORT	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	28762	ZIPCd

Field	Value	IRS element (for citing)
Recipient Relationship	NONE TO FD	RecipientRelationshipTxt
Recipient Foundation Status	PUBLIC CHARI	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	RECOV EFFORTS FROM HURRICANE HELENE	GrantOrContributionPurposeTxt
Amt	$24,000	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$24,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$18,837	RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$2,668	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$21,505	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$21,505	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
400 SH IBM	$52,852	$87,932
80 KYNDRYL HOLDING (SPINOFF FROM IBM	$2,632	$2,768

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
WIRE TRANSFER FEES, ETC	$252
TAX PENALTY FOR LATE DEPOSIT	$43

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	INCOME TAX	CategoryTxt
Amt	$1,231	Amt

Comments