American Bar Foundation
- Assets
- $37.9m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 62
- Location
- Chicago, IL
- Founding
- 02/1956
- Data as of
- 08/2021
- EIN
- 36-6110271
Organization Overview
American Bar Foundation is located in Chicago, IL. The organization was established in 1956. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. As of 08/2021, American Bar Foundation employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Bar Foundation 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 08/2021, American Bar Foundation generated $9.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $7.4m during the year ending 08/2021. While expenses have increased by 1.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, American Bar Foundation has awarded 12 individual grants totaling $431,613. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EXPAND KNOWLEDGE AND ADVANCE JUSTICE THROUGH INNOVATIVE, INTERDISCIPLINARY, AND RIGOROUS RESEARCH ON THE LAW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RESEARCH PROGRAMRESEARCH WORK IN PROGRESS IS CURRENTLY COMPRISED OF 34 PROJECTS IN THREE BROAD CATEGORIES OF INQUIRY: I) LEARNING AND PRACTICING LAW, II) PROTECTING RIGHTS, ACCESSING JUSTICE, AND III) MAKING AND IMPLEMENTING LAW. A NUMBER OF FOUNDATION RESEARCH FACULTY ARE RECIPIENTS OF NATIONAL AND INTERNATIONAL AWARDS FOR THEIR PROFESSIONAL CONTRIBUTIONS. THE FOUNDATION'S RESEARCH AND ITS DISSEMINATION IS DESIGNED TO FURTHER THE FOUNDATION'S OVERALL OBJECTIVE OF SCHOLARLY PREEMINENCE IN THE STUDY OF LAW, LEGAL INSTITUTIONS, AND THE LEGAL PROFESSION. TO THIS END, RESEARCH PROJECTS ARE SUBJECT TO REVIEW BY AN INTERNAL RESEARCH COMMITTEE, AN EXTERNAL GROUP OF DISTINGUISHED AND INDEPENDENT SCHOLARS, AND A RESEARCH COMMITTEE OF THE BOARD OF DIRECTORS. THE RESEARCH PROJECTS ARE THEN VOTED ON BY THE FULL BOARD OF DIRECTORS. STANDARDS FOR REVIEW INCLUDE THE SIGNIFICANCE OF THE STUDY AND THE COMPORTMENT OF ITS DESIGN WITH THE STANDARDS OF INTEGRITY AND SCHOLARSHIP.
FELLOWS OF THE AMERICAN BAR FOUNDATIONMEMBERS OF THE PRACTICING BENCH, BAR, AND LEGAL ACADEMY ARE INVITED TO PARTICIPATE IN THE AFFAIRS OF THE ORGANIZATION THROUGH NOMINATION AS FELLOWS OF THE FOUNDATION.
ACADEMIC AFFAIRS AND FELLOWSHIPSTHE FOUNDATION OFFERS A SERIES OF ANNUAL RESIDENCE FELLOWSHIPS TO STUDENTS OF HIGH SCHOLARLY ACHIEVEMENT. THESE FELLOWSHIPS ARE AWARDED TO POSTDOCTORAL AND DOCTORAL CANDIDATES AND UNDERGRADUATE STUDENTS ON A MERIT BASIS. SELECTION IS MADE BY RESEARCH AND PROFESSIONAL FOUNDATION STAFF UNDER THE SUPERVISION OF THE DIRECTOR.
LAW & SOCIAL INQUIRY AND LIAISON
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ajay K Mehrotra Director | Officer | 35 | $242,813 |
Shari Diamond Researcher | 17.5 | $202,995 | |
Elizabeth Mertz Researcher | 35 | $175,169 | |
Susan Shapiro Researcher | 35 | $154,304 | |
Stephen Daniels Researcher | 35 | $123,889 | |
Laura Beth Nielsen Researcher | 17.5 | $117,228 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,961,381 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $828,614 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,519,488 |
| Noncash contributions included in lines 1a–1f | $77,323 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,309,483 |
| Total Program Service Revenue | $63,063 |
| Investment income | $874,627 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $110,157 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,357,330 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $230,457 |
| Grants and other assistance to domestic individuals. | $415,306 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $310,027 |
| Compensation of current officers, directors, key employees. | $250,837 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,441,683 |
| Pension plan accruals and contributions | $284,115 |
| Other employee benefits | $246,941 |
| Payroll taxes | $261,739 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,635 |
| Fees for services: Accounting | $127,545 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50,067 |
| Fees for services: Other | $551,697 |
| Advertising and promotion | $0 |
| Office expenses | $47,512 |
| Information technology | $125,004 |
| Royalties | $0 |
| Occupancy | $879,725 |
| Travel | $4,292 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,346 |
| Interest | $8,745 |
| Payments to affiliates | $5,689 |
| Depreciation, depletion, and amortization | $13,475 |
| Insurance | $49,014 |
| All other expenses | $112,161 |
| Total functional expenses | $7,419,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,475,611 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,052,995 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $125,336 |
| Net Land, buildings, and equipment | $82,124 |
| Investments—publicly traded securities | $31,172,584 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,000 |
| Total assets | $37,925,650 |
| Accounts payable and accrued expenses | $659,092 |
| Grants payable | $0 |
| Deferred revenue | $631,672 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $175,532 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $258,351 |
| Total liabilities | $1,724,647 |
| Net assets without donor restrictions | $22,437,628 |
| Net assets with donor restrictions | $13,763,375 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $37,925,650 |
Grants Awarded
Over the last fiscal year, American Bar Foundation has awarded $230,457 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Hanover, NH PURPOSE: SCHOLAR PROGRAM COURSE RELIEF | $47,000 |
Amherst, MA PURPOSE: SCHOLAR PROGRAM COURSE RELIEF | $30,000 |
Redwood City, CA PURPOSE: SCHOLAR PROGRAM COURSE RELIEF | $30,000 |
Chicago, IL PURPOSE: SCHOLAR PROGRAM COURSE RELIEF | $30,000 |
Piscataway, NJ PURPOSE: SCHOLAR PROGRAM COURSE RELIEF | $30,000 |
Los Angeles, CA PURPOSE: SCHOLAR PROGRAM COURSE RELIEF | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Bar Foundation has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Mitzvah Charitable Trust Tallahassee, FL PURPOSE: CHARITABLE CONTRIBUTION | $1,500 |
Endowment Analysis
| Beg. Balance | $26,979,838 |
| Earnings | $4,879,801 |
| Net Contributions | $302,886 |
| Other Expense | $871,974 |
| Ending Balance | $31,290,551 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Bar Foundation Chicago, IL | $37,925,650 | $9,357,330 |
Illinois State Bar Association Springfield, IL | $19,242,841 | $8,740,125 |
Association Of Legal Administrators Chicago, IL | $3,426,402 | $6,090,392 |
Kentucky Bar Association Frankfort, KY | $11,804,122 | $7,180,578 |
Teamsters Local Union No 727 Legal Assistance Trust Fund Park Ridge, IL | $2,977,778 | $5,048,167 |
Chicago Bar Association Chicago, IL | $12,652,985 | $5,014,967 |
Legal Marketing Association Chicago, IL | $3,459,145 | $3,787,273 |
International Association Of Defense Counsel Chicago, IL | $5,596,400 | $3,119,794 |
Indiana State Bar Association Indianapolis, IN | $4,394,271 | $3,135,204 |
Iowa State Bar Association Des Moines, IA | $8,578,235 | $3,502,271 |
Il Board Of Admissions To The Bar Springfield, IL | $10,500,041 | $2,819,422 |
Kentucky Bar Foundation In Frankfort, KY | $9,276,329 | $1,606,050 |