Private foundation (trust)EIN 460827839Est. 2013-11

AbbVie Foundation

North Chicago, IL 60064

Total Assets

$191.3M

FY 2023

Annual Giving

$39.2M

FY 2023

Grants Made

79

FY 2023

Avg Grant

$496K

FY 2023

Grant Range

$5K–$10.6M

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$41.1M

Total Expenses

$39.9M

Qualifying Distributions

$39.7M

Distributable Amount

$8.6M

Min. Investment Return

$8.7M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

79 grants

Grant sizes from minimum $5K through median $25K to maximum $10.6M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $41.7M in 2021. Hover bars for details.

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

Top Recipients

500 grants

The Blackbaud Giving Fund
$40.0M
4 grants
University of Chicago
$14.3M
9 grants
Direct Relief
$10.2M
14 grants
United Negro College Fund
$8.7M
4 grants
Year Up Inc
$8M
4 grants
Baylor College of Medicine International Pediatric AIDS Initiative
$6.3M
4 grants
Foundation For The Carolinas
$6.1M
3 grants
Points of Light Foundation
$5.7M
3 grants

Grant Size Distribution

500 grants

<$10K
110
grants
$10–50K
217
grants
$50–250K
71
grants
$250K–1M
53
grants
$1–5M
45
grants
$5M+
4
grants

Geographic Focus

35 states

South Carolina
$40.0M
25% of total
Illinois
$33.5M
21% of total
District of Columbia
$14.4M
9% of total
Massachusetts
$13.3M
8% of total
California
$13.2M
8% of total
New York
$10.1M
6% of total
Texas
$6.7M
4% of total
North Carolina
$6.2M
4% of total
Georgia
$5.9M
4% of total
Michigan
$4.4M
3% of total

+25 more states

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AbbVie Foundation — Grants, Financials & Contact | Grantivo