Funder DirectoryABBITT FAMILY FOUNDATION
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Private foundation (trust)EIN 521441636Est. 1986-05

ABBITT FAMILY FOUNDATION

NEWPORT NEWS, VA 236062584

Total Assets

$6.5M

FY 2024

Annual Giving

$60K

FY 2024

Grants Made

10

FY 2024

Avg Grant

$6K

FY 2024

Grant Range

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$325K

Total Expenses

$112K

Qualifying Distributions

$60K

Distributable Amount

$300K

Min. Investment Return

$304K

Payout rate 20%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.20%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $425K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

89 grants

The Faison Center
$173K
3 grants
Christopher Newport University
$170K
1 grant
Mariners Museum
$151K
4 grants
Virginia Living Museum
$115K
3 grants
Faison Center
$73K
1 grant
Jamestown Yorktown Fdn
$50K
4 grants
Historic St Luke's Church
$47K
4 grants
Habitat for Humanity
$31K
2 grants

Grant Size Distribution

81 grants

<$10K
62
grants
$10–50K
14
grants
$50–250K
5
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

Virginia
$1.0M
100% of total
Colorado
$5K
0% of total

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ABBITT FAMILY FOUNDATION — Grants, Financials & Contact | Grantivo