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Mcadam Family Foundation is a private corporation based in INCLINE VLG, NV. The foundation received its IRS ruling in 2015. The principal officer is The Ayco Company Lp - Ntg. It holds total assets of $7.9M. Annual income is reported at $1.1M. The foundation is governed by 4 officers and trustees. The foundation is not involved in any charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under irc sec. 501(c)(3). According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New York and North Carolina. According to available records, Mcadam Family Foundation has made 10 grants totaling $4.5M, with a median grant of $300K. Annual giving has grown from $600K in 2020 to $3.2M in 2022. Individual grants have ranged from $150K to $1M, with an average award of $445K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Virginia, New York, South Carolina, which account for 90% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$150K
Median Grant
$150K
Average Grant
$200K
Largest Grant
$300K
Based on 3 grants from the most recent 990-PF filing.
The foundation is not involved in any charitable activites. Its primary purpose is to support, by contributions, other organizations exempt under irc sec. 501(c)(3).
The foundation is not involved in any charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under irc sec. 501(c)(3). Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in VA, NY, SC.
Mcadam Family Foundation has distributed a total of $4.5M across 10 grants. The median grant size is $300K, with an average of $445K. Individual grants have ranged from $150K to $1M.
Mcadam Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcadam Family Foundation is headquartered in INCLINE VLG, NV. While based in NV, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lowell C Mcadam | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Jennifer E Mcadam | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Ryan J Mcadam | TREASURER | $0 | $0 | N/A |
| Deborah J Mcadam | DIRECTOR | $0 | $0 | N/A |
Total Giving
$931K
Total Assets
$8M
Fair Market Value
$12.5M
Net Worth
$8M
Grants Paid
$925K
Contributions
$4K
Net Investment Income
$672K
Distribution Amount
$586K
Total: $8M
Total Grants
10
Total Giving
$4.5M
Average Grant
$445K
Median Grant
$300K
Unique Recipients
5
Most Common Grant
$300K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eastlake Community ChurchMULTIPLY - EDUCATION WING | Moneta, VA | $1M | 2022 |
| Water MissionSAFE AND LIVING WATER FOR REFUGEES AND DISPLACED PEOPLE - MALAWI | N Charleston, SC | $300K | 2022 |
| Lustgarten FoundationFUNDING OF PANCREATIC CANCER RESEARCH | Woodbury, NY | $300K | 2022 |
| See Attached ListGeneral Charitable Purpose | Albany, NY | $650K | 2021 |
| Montefiore Medical Centergeneral charitable purposes | Bronx, NY | $300K | 2020 |