GrantAuthority

Clara Abbott Foundation

Grantmaking foundation in Gurnee, Illinois · EIN 36-6069632

Grants itemized on the 990
$13MTax year 2024
Grants made
2Tax year 2024
Total assets
$220MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

EDUCATIONAL GRANTS AND RELATED EXPENSES:THE FOUNDATION PROVIDES NEED-BASED EDUCATIONAL GRANTS TO HELP THE DEPENDENT CHILDREN OF ELIGIBLE ABBOTT EMPLOYEES AND RETIREES ATTEND ACCREDITED COLLEGES OR UNIVERSITIES, COMMUNITY COLLEGES, VOCATIONAL AND TRADE SCHOOLS. DURING THE YEAR, 1,901 GRANTS WERE AWARDED WORLDWIDE.

Quoted from the foundation's IRS filing.

Giving by year

$8.3M2018
$8.7M2019
$9.9M2020
$15M2021
$9M2022
$11M2023
$13M2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Financial Aid and Educational Seminars See Statement 15$8.1M2024
Scholarship Grants See Statement 15$4.5M2024

Amounts are rounded. The full grantee list (2 grants in 2024) is available with a free account.

Website: clara.abbott.com

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Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.