RB&R ADAMS FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: RB&R ADAMS FAMILY FOUNDATION (EIN 37-1846575)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-15
IRS object ID: 202343199349106904
Schema version: 2022v5.0
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	2023-11-15T16:04:25-05:00	ReturnTs
Tax Period End	2022-12-31	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	2022-01-01	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	2023-11-13	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	RUSSELL	PersonFirstNm
Person Last	ADAMS	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

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

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	J M HILLIARD CPA	PreparerPersonNm
PTIN	P00052376	PTIN
Phone	2812422997	PhoneNum
Preparation	2023-11-13	PreparationDt

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$2,929,340	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	$51,965	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$51,965	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$2,636	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$2,636	DividendsNetInvstIncmAmt
Total Rev And Expnss	$54,601	TotalRevAndExpnssAmt
Total Net Invst Incm	$54,601	TotalNetInvstIncmAmt
Taxes Rev And Expnss	$802	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$150	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$952	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$0	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$3,050,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$952	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$3,050,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$53,649	ExcessRevenueOverExpensesAmt
Net Investment Income	$54,601	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$2,413,915	CashBOYAmt
Cash EOY	$2,872,094	CashEOYAmt
Cash EOYFMV	$2,872,094	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$3,454,579	SavAndTempCashInvstBOYAmt
Corporate Stock BOY	$55,485	CorporateStockBOYAmt
Corporate Stock EOY	$55,534	CorporateStockEOYAmt
Corporate Stock EOYFMV	$57,246	CorporateStockEOYFMVAmt
Total Assets BOY	$5,923,979	TotalAssetsBOYAmt
Total Assets EOY	$2,927,628	TotalAssetsEOYAmt
Total Assets EOYFMV	$2,929,340	TotalAssetsEOYFMVAmt
Grants Payable BOY	$5,595,087	GrantsPayableBOYAmt
Grants Payable EOY	$2,545,087	GrantsPayableEOYAmt
Total Liabilities BOY	$5,595,087	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,545,087	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$328,892	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$382,541	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$328,892	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$382,541	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$5,923,979	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,927,628	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$328,892	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$53,649	ExcessRevenueOverExpensesAmt
Subtotal	$382,541	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$382,541	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$759	InvestmentIncomeExciseTaxAmt
Subtotal	$759	SubtotalAmt
Tax Based On Investment Income	$759	TaxBasedOnInvestmentIncomeAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$34	EsPenaltyAmt
Tax Due	$793	TaxDueAmt

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
633 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	$54,426	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$4,956,909	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$5,011,335	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$5,011,335	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$75,170	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$4,936,165	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$246,808	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$246,808	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$759	TaxBasedOnInvestmentIncomeAmt
Total Tax	$759	TotalTaxAmt
Distributable Before Adj	$246,049	DistributableBeforeAdjAmt
Distributable Before Ded	$246,049	DistributableBeforeDedAmt
Distributable As Adjusted	$246,049	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$3,050,000	ExpensesAndContributionsAmt
Qualifying Distributions	$3,050,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$246,049	DistributableAsAdjustedAmt
Qualifying Distributions	$3,050,000	QualifyingDistributionsAmt
Applied To Current Year	$246,049	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$2,803,951	RemainingDistriFromCorpusAmt
Total Corpus	$2,803,951	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$2,803,951	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$2,803,951	ExcessFromCurrentYearAmt

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 (3 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
AMERICAN CANCER SOCIETY
PO BOX 6703	HAGERSTOWN	MD	21741	NONE	BARBARA & ROY ADAMS RESEARCH FUND	$1,000,000
AMERICAN CANCER SOCIETY
PO BOX 6703	HAGERSTOWN	MD	21741	NONE	HOPE LODGE HOUSTON	$1,000,000
TEXAS CHILDREND'S HOSPITAL
PO BOX 3006300	HOUSTON	TX	772300630	NONE	PATIENT ED. & VOC. SERVICES	$1,050,000	SUITE 5214

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$3,050,000	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	$51,965	RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$2,636	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$54,601	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$54,601	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	$52,902	$56,356
80 KYNDRYL HOLDING (SPINOFF FROM IBM	$2,632	$890

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
WIRE TRANSFER FEES, ETC	$150

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	INCOME TAX	CategoryTxt
Amt	$802	Amt

RB&R ADAMS FAMILY FOUNDATION: Form 990PF, tax year 2022

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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