Abbott Fund is located in Abbott Park, IL. The organization was established in 1953. 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.
For the year ending 12/2020, Abbott Fund generated $10.3m 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 (38.8%) each year. All expenses for the organization totaled $28.8m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Abbott Fund has awarded 233 individual grants totaling $36,822,916. 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
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE ACTIVITIES IN TANZANIA INCLUDE EXPENDITURES FOR IMPROVING GOVERNMENT-OWNED HOSPITALS, PROVIDING ASSISTANCE TO IMPROVE LIVELIHOODS, AND THE RELOCATION OF THE KURASINI NATIONAL CHILDREN'S HOME.
FUTURE WELL KIDS PROGRAM CHARITABLE ACTIVITIES INCLUDE EXPENDITURES FOR ADDRESSING NON-COMMUNICABLE DISEASES IN IRELAND, MEXICO AND THE UNITED STATES.
TANZANIA OPERATING EXPENSES ARE ADMINISTRATIVE EXPENSES RELATED TO THE EXECUTION OF THE CHARITABLE EXPENSES INCLUDED ABOVE. EXAMPLES ARE: SALARIES AND BENEFITS, TRAVEL, RENT, TELEPHONE AND AUTO EXPENSES.
Name Not Listed
|Vendor Name (Service)||Service Year||Compensation|
Discovery Education Inc
Public Health Institute
Rockefeller Philanthropy Advisors
|Statement of Revenue|
|Contributions, Gifts, Grants & Similar||$114,770|
|Interest on Savings||$0|
|Dividends & Interest||$10,192,949|
|Net Rental Income||$0|
|Net Gain on Sale of Assets||$0|
|Capital Gain Net Income||$0|
|Net ST Capital Gain||$0|
|Profit on Inventory Sales||$0|
|Statement of Expenses|
|Compensation of officers, directors, trustees, etc||$0|
|Other employee salaries and wages||$0|
|Pension plans, employee benefits||$0|
|Travel, conferences, and meetings||$0|
|Printing and publications||$0|
|Total operating and administrative expenses||$8,647,545|
|Contributions, gifts, grants paid||$20,152,948|
|Total expenses and disbursements||$28,800,493|
|Savings and temporary cash investments||$10,032,428|
|Net Accounts receivable||$0|
|Net Pledges 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||$193,783|
|Net Investments - land, buildings, equipment||$0|
|Net Land, buildings, and equipment||$100,615|
|Accounts payable and accrued expenses||$771,039|
|Loans and other payables to any current Officer, Director, or Controlling Person||$0|
|Mortgages and other notes payable||$0|
Over the last fiscal year, Abbott Fund has awarded $22,808,667 in support to 129 organizations.
AMERICAN ONLINE GIVING FOUNDATION INC
PURPOSE: MATCHING GRANT PROGRAM
AMERICAN ONLINE GIVING FOUNDATION INC
PURPOSE: EMPLOYEE GIVING
Over the last fiscal year, we have identified 1 grants that Abbott Fund has recieved totaling $28,269.
Indiana Institute For Global Health Inc
PURPOSE: humanitarian mission and programs
Lumina Foundation For Education Inc
Grainger Foundation Inc
Lake Forest, IL
Fulk Family Foundation Inc
Enterprise Holdings Foundation
Hall Family Foundation
Kansas City, MO
Abbott Park, IL
Richard O Jacobson Foundation Inc
Des Moines, IA
Centene Charitable Foundation
St Louis, MO
P H P Inc