Adagp Charitable Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO ENHANCE AND ENRICH THE LIVES OF CHILDREN AND YOUTH IN THE COMMUNITIES WHERE ITS DEALER MEMBERS WORK AND LIVE. IT ORGANIZES ANNUAL NEW COAT PROGRAM AND DONATES TENS OF THOUSANDS OF NEW WINTER COATS TO LOCAL CHILDREN IN NEED.
- Income
- $1.2 million
- Spending
- $2.0 million
- Spent on programs
- 77%
- Reserves
- 26.6 months of spending
- Largest source of income
- donations and private grants, 88%
- Employees
- 0
- Volunteers
- 200
- Highest pay
- $423,340, executive director (thru 6/30/25)
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 51% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 26.6 months of spending.
Debt
20 of 20It owes 9% of what it owns.
Living within its means
0 of 15Spending exceeded income by 71% of income.
Income trend
15 of 15Income rose 3% on the year before.
Spending floor
15 of 1577% of spending went to programs and raising each dollar of donations cost 20 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 57% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $1.1 million spent. THE MISSION OF THE NEW COAT PROGRAM IS CLEAR AND SIMPLE; TO PROVIDE NEW WINTER COATS TO LOCAL CHILDREN IN NEED WHO WOULD OTHERWISE GO WITHOUT THEM. THE PROGRAM RECEIVED SUPPORT FROM 180 NEW CAR DEALERSHIPS TO GIVE AWAY 50,000 NEW, CHILD SIZE COATS IN THE FALL OF 2024. THE FOUNDATION AND THE DEALERSHIPS PARTNERED WITH OVER 300 SOCIAL SERVICES AGENCIES TO GET THE NEW COATS TO THE CHILDREN WHO NEED THEM MOST.
- $414,246 spent. THIS GRANT WAS MADE TO CHILDREN'S HOSPITAL OF PHILADELPHIA TO HONOR OUR CONDITIONAL PLEDGE AGREEMENT FOR THE CAPITAL CAMPAIGN FOR THE NEW HOSPITAL IN KING OF PRUSSIA AND TO BENEFIT THE DEPARTMENT OF NURSING TO SUPPORT CERTIFICATION PROGRAMS FOR THE NURSING STAFF.
- $58,127 spent. THE GREATER PHILADELPHIA AUTO TECHNOLOGY COMPETITION FOR HIGH SCHOOL SENIORS PROMOTES AUTO TECHNOLOGY AS A WISE CAREER CHOICE AND IT ENCOURAGES STUDENTS TO CONTINUE THEIR AUTO EDUCATION WHILE IT PROVIDES A VENUE FOR THEM TO COMPETE FOR SCHOLARSHIPS AND TOOLS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.