Skip to the page content
Your donations
Passes our checks

Morgan Adams Foundation

EIN 20-0165051 · Denver, CO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood71 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO FUND CRITICALLY NEEDED PEDIATRIC ONCOLOGY RESEARCH

Income
$3.0 million
Spending
$2.6 million
Spent on programs
72%
Reserves
2.2 months of spending
Largest source of income
donations and private grants, 93%
Employees
19
Volunteers
300
Highest pay
$130,000, exec dir and co-founder

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 71 out of 100. Higher than 33% of charities in its peer group (medical research, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.2 months of spending.

  • Debt

    16 of 20

    It owes 26% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 12% of income.

  • Income trend

    15 of 15

    Income rose 45% on the year before.

  • Spending floor

    15 of 15

    72% of spending went to programs and raising each dollar of donations cost 16 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 64% of charities in its peer group (medical research, $1m to $10m).

  • Independent board

    25 of 25

    9 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, 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. $1.2 million spent. THROUGH CAREFUL CONSIDERATION AND PLACEMENT OF OUR FUNDING, WE ENCOURAGED AND SUPPORTED RESEARCH INTENDED TO IMPROVE TREATMENT EFFECTIVENESS, IMPROVE TREATMENT OUTCOMES, AND IMPROVE THE QUALITY OF LIFE FOR CHILDREN BATTLING CANCER.
  2. $629,151 spent. THE MORGAN ADAMS FOUNDATION IS AN ONGOING RESOURCE FOR INFORMATION ON CHILDHOOD, ADOLESCENT AND YOUNG ADULT CANCERS, THEIR CURRENT TREATMENTS AND THE NEED FOR ONGOING NEW TREATMENT DEVELOPMENT. THROUGH OUR ONGOING EFFORTS, MAF BUILDS COMMUNITY AWARENESS OF THE NEED TO SUPPORT CHILDHOOD CANCER RESEARCH, AS WELL AS OF THE NEED TO ENSURE THAT THE CHILDREN AFFECTED BY THIS DISEASE HAVE THE BEST POSSIBLE TREATMENT OPTIONS MADE AVAILABLE TO THEM. MAF HOSTS EDUCATIONAL EVENTS FOR THE PUBLIC THROUGHOUT THE YEAR.
  3. $96,339 spent. RADFLIX, A PROGRAM OF THE FOUNDATION, MANUFACTURES PROPRIETARY SYSTEMS FOR VIDEO-BASED DISTRACTION THERAPY DURING RADIATION FOR PEDIATRIC CANCER PATIENTS. THESE SYSTEMS ARE SOLD OR DONATED TO HOSPITALS AROUND THE COUNTRY.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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 October 13, 2026.

  2. 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 November 6, 2026.

  3. 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 October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2004.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 November 4, 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.