March 10, 2018
Dear Family and Friends
We are pleased to announce the formation of the Eddie & Annie Adams Educational Foundation. The Foundation is a nonprofit corporation, chartered in the State of Utah, and recognized by the IRS as a charitable private foundation under Section 501(c)(3) of the Internal Revenue Code.
We have formed the Foundation for three principal purposes. First, it is our desire to honor our parents, who through their love, sacrifice and wise parenting enabled us to achieve the educational and economic successes we enjoy today, and any professional and community honors we have received.
Second, we wish to pass on to our children, grandchildren, great grandchildren and beyond, a sense of family and ancestry that will encourage them to achieve their highest potential in all endeavors they pursue, and to live their lives with pride and purpose.
Third, we have chosen to combine our economic resources and distribute them in the assistance of family members and other members of our communities in their efforts to achieve their career advancement goals, and in so doing maximize the impact of our contributions. Our contributions and any other contributions that may be forthcoming will be used to provide grants to students who demonstrate the intellectual ability and drive to complete a career advancement program and are in need of financial assistance to achieve this goal. We shall also work toward building a foundation corpus with the goal of generating sufficient foundation earnings to fund annual awards for years to come.
We will communicate with you from time to time on the activities and progress of the Foundation, and we welcome your thoughts and suggestions for making the Foundation a meaningful memorial to Eddie and Annie Adams.
Afesa Adams,
Founding President