Abra Prentice Foundation Inc

Organization Overview

Abra Prentice Foundation Inc is located in Chicago, IL. The organization was established in 1981. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Abra Prentice Foundation Inc 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 12/2020, Abra Prentice Foundation Inc generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Abra Prentice Foundation Inc has awarded 129 individual grants totaling $8,225,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

NOT APPLICABLE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $800,003
Interest on Savings $0
Dividends & Interest $678,291
Net Rental Income$0
Net Gain on Sale of Assets $1,538,096
Capital Gain Net Income $1,538,096
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$263
Total Revenue $3,016,127

Grants Awarded

Over the last fiscal year, Abra Prentice Foundation Inc has awarded $3,540,000 in support to 45 organizations.

Grant RecipientAmount

Shelburne, VT

PURPOSE: ANNUAL & RESILIENCY FUNDS FOR THEIR SUSTAINABLE AND EDUCATIONAL FARM PROGRAMS

$550,000

Shelburne, VT

PURPOSE: ANNUAL & RESILIENCY FUNDS FOR THEIR SUSTAINABLE AND EDUCATIONAL FARM PROGRAMS

$500,000

CHICAGO JESUIT ACADEMY

Org PageRecipient Profile

Chicago, IL

PURPOSE: SCHOLARSHIPS

$180,000

DANIEL MURPHY SCHOLARSHIP FUND

Org PageRecipient Profile

Chicago, IL

PURPOSE: SUMMER BRIDGE PROGRAM AND WELLNESS PROGRAMMING

$150,000

PUBLIC BROADCASTING SYSTEMS FOUNDATION

PURPOSE: PBS GREAT PERFORMANCES PROGRAMS

$150,000

ST CHRYSOTOM'S CHURCH & DAY SCHOOL

PURPOSE: CAPITAL CAMPAIGN

$150,000
View Grant Profile

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