A Private Foundation located in ABBOTT PARK, IL



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

C

2022 Tax Year

About this Private Foundation: 364561

The foundation is located in Abbott Park and provides grants for general and educational assistance. Its primary interests include mutual and membership benefits. The foundation offers need-based educational grants to support the dependent children of eligible employees and retirees attending accredited colleges, universities, and vocational schools, awarding 1,876 grants worldwide. Additionally, it assists employees and retirees facing financial hardships with 1,232 grants and over 490 disaster-related financial grants during significant crises. Through these efforts, the foundation aims to enhance the well-being and educational opportunities of its community members.

Foundation Profile

In the tax year 2023, a dynamic private foundation based in Abbott Park has made significant strides in supporting educational and financial needs within its community. With total assets amounting to $321.9 million and a commitment to charitable giving, this foundation has distributed $14.1 million in grants, reflecting its dedication to enhancing the lives of eligible individuals and families. The foundation’s mission centers on providing general assistance and educational support, specifically targeting the dependent children of eligible employees and retirees. This commitment is evident through its provision of need-based educational grants, which enable students to attend accredited colleges, universities, community colleges, and vocational or trade schools. In 2023 alone, the foundation awarded 1,876 educational grants worldwide, demonstrating its profound impact on fostering academic success. Moreover, the foundation has also prioritized financial assistance for eligible employees and retirees facing severe financial hardships. In response to the challenges posed by global events, such as the COVID-19 pandemic and natural disasters, it provided over 490 financial grants to those affected, ensuring that support reaches those who need it most. A total of 1,232 financial awards were issued, showcasing the foundation's commitment to uplifting its community during difficult times. Geographically, the foundation's reach is extensive, supporting individuals across various locations worldwide. Its funding priorities emphasize mutual and membership benefits, fostering a sense of community and shared responsibility among its stakeholders. Eligibility criteria are designed to ensure that those who truly need assistance can access it, making the application process straightforward for qualified applicants. If you are seeking funding opportunities that align with your educational or financial needs, consider exploring the various grants available through this foundation. Your journey towards support and success begins here, and we encourage you to take the next step through The Grant Portal.
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ABBOTT PARK, IL

Summary

Assets

$321.9m

Distributions

$14m

Contributions

$6.2k

Grant Median

$4.5m

Count

2

Grant Max

$4.9m
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Latest Tax e-Filing

2022

Published by IRS

2023

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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Grants

Filters

Amount

Min
-
Max

State

IL

City

ABBOTT PARK

Purpose

Interest

Mutual & Membership Benefit

4 results

Amount Name Purpose Location Year

Application Guidelines

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Instructions

Deadlines

Restrictions

Contact

About The Grant Portal 

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The Grant Portal is aimed at giving nonprofits unfettered access to a public dataset of Form 990 tax filings published by the IRS.

The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

Note that the IRS dataset only contains information from electronically-filed tax returns.

The Grant Portal is not affiliated, associated, authorized, endorsed by, or in any way officially connected with any foundation appearing on the site.

Grants by Interest

Aging/Seniors
Agriculture & Farming
Arts, Culture, History & Humanities
Awards
Black, Indigenous, People of Color
Business & Commerce
Capital Funding
Children & Childcare
Climate Change
College Scholarship
Community Development & Services
Community/Economic Development
Conflict Resolution
Coronavirus COVID-19
Disabilities
Disaster Prevention & Relief
Domestic Violence
Education
Elementary Education
Employment, Labor & Training Workforce
Energy
Environment
Faith Based
Financial Assistance
Food & Nutrition
Health & Medical
Higher Education
HIV/AIDS
Homeland & National Security
Homeless
Housing
Income Security & Social Services
Individual
International
Law, Justice, Juvenile Justice & Legal Services
LGBTQ+
Literacy & Libraries
Mental Health
Municipalities
Natural Resources
Non-Profit Support Services
Opportunity Zone Benefits
Other
Pets/Animals/Wildlife
Preschool
Preservation
Quality of Life
Refugee/Immigrant
Regional Development
Research & Evaluation
Science, Technology Research & Development
Secondary Education
Small Business
Social Justice
Special Education
Sports & Recreation
Students
Substance Abuse
Teachers
Technology
Transportation
Travel & Tourism
Veterans
Women
Youth/Out-of-School Youth

Grants By Location

Grants Eligibility

Associations
County Parks and Recreation
Federal Government
Fish and Wildlife
For profit corporations other than small businesses
Independent Schools
Individuals
Local Government
Municipalities
Native American Tribal Organizations (Federally recognized)
Native American Tribal Organizations (other than Federally recognized tribal governments)
Non-Profit Organizations with 501(c)(3) designation
Non-Profit Organizations with Fiscal Sponsor
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
Private institutions of higher education
Public and State controlled institutions of higher education
Small Businesses
Specialized District Governments
State Governments
Unrestricted
Private Foundation Grants of $4.5m Available in ABBOTT PARK, IL