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THE ABELL FOUNDATION INC

THE ABELL FOUNDATION INC

Baltimore, MD, US
•
501(c)3
•
EIN
52-6036106
•
WWW.ABELL.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
funder logo

THE ABELL FOUNDATION INC

Baltimore, MD, US
•
501(c)3
•
EIN
52-6036106
•
WWW.ABELL.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$13,445,692

Other
54%
Investments
46%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$18,185,484

Grants
66%
Salaries & Benefits
18%
Other
13%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$475,556
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$6,716,691
$6,160,445
-8%
Other
$12,183,045
$7,285,247
-40%
Total Revenues
$19,375,292
$13,445,692
-31%
Expenses
2023
2024
Change
Grants
$16,093,362
$11,980,576
-26%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,374,398
$3,335,033
-1%
Fees to Service Providers
$273,125
$171,238
-37%
Advertising & Promotion
$75,193
$73,824
-2%
Offices, Occupancy & IT
$213,842
$231,678
+8%
Interest
$79
$10
-87%
Depreciation
$34,148
$30,372
-11%
Other
$2,179,155
$2,362,753
+8%
Total Expenses
$22,243,302
$18,185,484
-18%
Net income
2023
2024
Change
Net income
-$2,868,010
-$4,739,792
-65%
Income Statement
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