Banker and Philanthropist Donald Adam Donates $20 Million for Melanoma Research

Share Article

Melanoma is the fastest-growing cancer in the United States.

Chairman and chief executive of Tampa-based American Momentum Bank, Donald Adam has a personal motivation behind his recent $20 million gift to the H. Lee Moffitt Cancer Center & Research Institute. Adam is a melanoma survivor and chose Moffit for the new research center because it sees more than 1,500 new melanoma patients annually, according to a May 2007 article in the Tampa Bay Business Journal. Moffit is considered one of the top three cancer centers, based on volume. The donation is the largest single gift in Moffit's history.

Melanoma is the fastest-growing cancer in the United States, with Florida ranking second in the nation in the number of cases, cited Dr. William Dalton, president and chief executive of Moffit, in a release.

As part of an elite group of National Cancer Institute (NCI) Comprehensive Care Centers, Moffit focuses on the development of early stage translational research aimed at rapid translation of scientific discoveries to benefit patient care.

Adam's gift, made in 2007, will fund almost entirely the first five years of research and development at the new center. Continuing and future endeavors include recruiting new researchers, conducting clinical trials on new cancer drugs, and the Melanoma Genomics Project, research of the disease conducted on the molecular level.

American Momentum Bank is a progressive institution with $100 million of start up equity, representing the largest capitalization of any financial institution created in the state. In addition to a full line of personal banking solutions, AMB also serves real estate developers and investors, commercial business owners, professionals and entrepreneurs.

About American Momentum Bank
American Momentum Bank is a progressive, Florida based bank that strives to offer a deep understanding of our commercial, retail and online banking Clients’ immediate and long-range goals, unparalleled personal service, and solutions tailored to our Clients’ specific needs. Experienced, professional management and Associates, combined with flexible decision making, is essential to the success of our Clients. Our banks’ success is a result of our Clients’ and Associates’ success. For more information, please visit American Momentum Bank.

Contact: Rita J. Lowman, President, Sarasota/Bradenton; Chief Administrative Officer, American Momentum Bank; 4830 W. Kennedy Blvd., Suite 200
Tampa, FL 33609, O: 813.549-4710, F: 813.549-4810.

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Rita J. Lowman, Pres,Sarasota/Bradenton
Visit website