Clara Abbott Foundation

EIN 366069632

Chicago, IL 60606 |(800) 972-3859

https://CLARA.ABBOTT.COM
Total Given 2018–2024
$65.6M
12 grants · $9.4M avg/year
based on 7 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$4.7M
typical big bets · $4.1M–$6.7M
grant size
50%
supporter · 4/8 multi-year
repeat
$357.4M
Assets (2024)
8
Distinct Recipients

Focus Areas

Education

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person THE CLARA ABBOTT FOUNDATION DOMESTI
Phone (800) 972-3859
Deadlines APRIL 15TH
How to Apply ONLINE APPLICATION IS ACCESSED AND COMPLETED THROUGH THE CLARA ABBOTT FOUNDATION WEBSITE AT HTTPS://CLARA.ABBOTT.COM/SAMPLE-PAGE-2/SCHOLARSHIP-2/. INFORMATION REQUESTED INCLUDES BUT IS NOT LIMITED TO APPLICANT AND PARENT(S) NAMES, ADDRESS, TOTAL NUMBER OF DEPENDENTS, TOTAL FAMILY INCOME, OTHER FINANCIAL INFORMATION AS APPLICABLE, AND SCHOOL INFORMATION. THE FOLLOWING DOCUMENTS MUST BE ATTACHED OR UPLOADED TO THE APPLICATION: PARENT(S) INCOME DOCUMENTS, THE FIRST TWO PAGES OF THE PARENT(S) FEDERAL US 1040 TAX RETURN (FOR U.S. ONLY), AND MOST RECENT SCHOOL GRADE REPORT. APPLICATIONS ARE AVAILABLE IN ENGLISH AND SPANISH.
Restrictions ONE PARENT MUST BE A CURRENT ABBOTT EMPLOYEE WITH AT LEAST TWO YEARS OF SERVICE AS OF THE APPLICATION DEADLINE OR A RETIREE OF ABBOTT WHO IS AT LEAST 50 YEARS OF AGE WITH A MINIMUM OF 10 YEARS OF CONTINUOUS SERVICE. STUDENT MUST BE A LEGAL DEPENDENT, UNMARRIED, AGE 17-24 AS OF THE APPLICATION DEADLINE, AND CURRENTLY IN COLLEGE, OR EQUIVALENT OR EXPECTS TO ATTEND COLLEGE, OR EQUIVALENT. NO STUDENTS OF HIGH EARNERS RECEIVE A SCHOLARSHIP.

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2018 $8.3M $276.4M $11.9M 2
2019 N/A $320.6M $11.7M N/A
2020 $9.9M $357.3M $3.3M 2
2021 $14.9M $410.2M $27.0M 2
2022 $9.0M $321.9M $7.7M 2
2023 $10.9M $338.8M $13.7M 2
2024 $12.5M $357.4M $20.7M 2

Grant Size Distribution

Based on 12 grants on record

Minimum
$3.3M
25th Pctl
$4.1M
Median
$4.7M
Average
$5.5M
75th Pctl
$6.7M
Maximum
$10.8M

Geographic Distribution

Officers & Directors

Grants Awarded (12 total)

Purpose
Financial Aid and Educational Seminars See Statement 14 Abbott Park, IL $10,844,047 GENERAL ASSISTANCE 2021
Financial Aid and Educational Seminars See Statement 15 Abbott Park, IL $8,085,652 GENERAL ASSISTANCE 2024
Financial Aid and Educational Seminars See Statement 15 Abbott Park, IL $6,745,711 GENERAL ASSISTANCE 2023
Financial Aid and Educational Seminars See Statement 14 Gurnee, IL $6,657,363 GENERAL ASSISTANCE 2020
Financial Aid and Educational Seminars See Statement 16 Gurnee, IL $5,056,055 GENERAL ASSISTANCE 2018
Financial Aid and Educational Seminars See Statement 14 Abbott Park, IL $4,965,842 GENERAL ASSISTANCE 2022
Scholarship Grants See Statement 15 Abbott Park, IL $4,453,538 EDUCATIONAL ASSISTANCE 2024
Scholarship Grants See Statement 15 Abbott Park, IL $4,106,652 EDUCATIONAL ASSISTANCE 2023
Scholarship Grants See Statement 14 Abbott Park, IL $4,076,674 EDUCATIONAL ASSISTANCE 2022
Scholarship Grants See Statement 14 Abbott Park, IL $4,065,058 EDUCATIONAL ASSISTANCE 2021
Scholarship Grants See Statement 14 Gurnee, IL $3,271,105 EDUCATIONAL ASSISTANCE 2020
Scholarship Grants See Statement 16 Gurnee, IL $3,266,197 EDUCATIONAL ASSISTANCE 2018