The Donald and Donna Adam Family Foundation
The Donald and Donna Adam Family Foundation is a private independent foundation established in May 2005 in College Station, Texas. The foundation was created by Donald Adam, Chairman and CEO of American Momentum Bank and a Texas A&M University Class of 1957 graduate, and his wife Donna Adam. The foundation operates as a company-sponsored private foundation with a focus on strategic philanthropic giving.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$62.4M
+22.8% YoY
Annual Giving
$3.8M
+30.9% YoY
Grant Count
35
+16.7% YoY
Avg Grant Size
$108K
+12.2% YoY
Mission & Focus Areas
The foundation supports organizations involved in the following areas:
- Food banks
- Education (K-12 safety, college expenses, educational institutions)
- Health research (particularly medical research)
- Child welfare
- Animal welfare
- Human services (youth development, veterans support)
- Community infrastructure and capital projects
Grantmaking
The foundation made 21 grants in 2024 and 34 grants in 2022 (median grant size $9,100).
Grant Range
** $500 to $1,500,000
Invitation Only
** The foundation operates on an invitation-only basis and does not accept unsolicited applications or public inquiries. The foundation proactively identifies and approaches organizations rather than accepting applications.
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Geographic Focus
Where this funder awards grants
Primary focus on Texas, particularly the Brazos Valley and College Station area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $62,409,049
- Total Revenues: $15,527,557
- Total Expenses: $3,950,650
- Number of Employees: 0
Historical Growth:
- 2023: Assets of $50,832,142; Total giving of $2,884,012
- 2011: Assets of $4.1 million
- 2021: Notable revenue spike of $45.8 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $62,409,049 | $50,832,142 | $52,596,962 |
| Revenue | $15,527,557 | $1,275,044 | $6,814,905 |
| Expenses | $3,950,650 | $3,039,864 | $2,957,396 |
| Qualifying Distributions | $3,774,553 | $2,887,390 | $2,726,905 |
| Net Investment Income | $6,934,130 | $1,183,735 | $3,155,555 |
| Distributable Amount | $3,700,847 | $2,925,563 | $2,650,363 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
151 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Donald A. Adam – President
- Donna J. Adam – Vice President, Secretary, Treasurer
- Stephanie A. Malechek – Vice President
- Steven Bradley Adam – Vice President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD A ADAM | PRESIDENT | — | — |
| DONNA J ADAM | VP, SEC, TRE | — | — |
| STEPHANIE A Malechek | VP | — | — |
| STEVEN BRADLEY ADAM | VP | — | — |
Recent News & Activity
Recent developments and announcements
**School Safety Initiative (2023)**
In January 2023, the foundation announced a commitment to donate up to $5 million to local school districts to enhance safety and security measures. The foundation donated $1 million each to Bryan Independent School District and College Station Independent School District to support enhanced safety and security efforts, including upgrading security vestibules, hiring additional school resource deputies, and installing state-of-the-art security equipment. The foundation committed to conferring with school district representatives and security experts during 2023 to identify unmet safety needs and contribute additional donations of up to $1.5 million to each district.
Donald A Adam Fam Foundation - Grant Information & Application ...Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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