Donald A Adam Fam Foundation
- Assets
- $52.6m
- Revenue
- $6.8m
- Investments
- $48.5m
- Employees
- 0
- Location
- College Station, TX
- Founding
- 05/2005
- Data as of
- 12/2022
- EIN
- 26-0080253
Organization Overview
Donald A Adam Fam Foundation is located in College Station, TX. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Donald A Adam Fam Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Donald A Adam Fam Foundation generated $6.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 49.4% each year . All expenses for the organization totaled $3.0m during the year ending 12/2022. While expenses have increased by 36.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Donald A Adam Fam Foundation has awarded 179 individual grants totaling $5,719,951. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald A Adam President | 0 | $0 | |
Donna J Adam Vp, Sec, Tre | 0 | $0 | |
Stephanie A Malechek Vice Preside | 0 | $0 | |
Steven Bradley Adam Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,476,897 |
| Interest on Savings | $13,382 |
| Dividends & Interest | $890,980 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,432,970 |
| Capital Gain Net Income | $2,432,970 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $676 |
| Total Revenue | $6,814,905 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $51,765 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $174,200 |
| Total operating and administrative expenses | $235,016 |
| Contributions, gifts, grants paid | $2,722,380 |
| Total expenses and disbursements | $2,957,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,130,692 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $52,596,962 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Donald A Adam Fam Foundation has awarded $2,722,380 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: TO SUPPORT HEALTH RESEARCH | $169,500 |
BAILEY ZIMMERMAN PURPOSE: COLLEGE EDUCATION EXPENSES | $15,000 |
DRUG FREE AMERICA FOUNDATION PURPOSE: TO SUPPORT THE COMMUNITY | $1,000 |
OPEN DOOR MISSION HOUSTON PURPOSE: TO SUPPORT THE COMMUNITY | $1,000 |
SARATOGA PERFORMING ARTS CENTER PURPOSE: TO SUPPORT THE ARTS | $3,500 |
SYLER MARTIN PURPOSE: COLLEGE EDUCATION EXPENSES | $9,900 |