Abt Family Charitable Foundation
- Assets
- $0.0
- Revenue
- $61.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Glenview, IL
- Founding
- Data as of
- 12/2017
- EIN
- 36-3583929
Organization Overview
Abt Family Charitable Foundation is located in Glenview, IL.
For the year ending 12/2017, Abt Family Charitable Foundation generated $61.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (35.5%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard L Abt Co-Trustee | 0.25 | $0 | |
William P Abt Co-Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $213 |
| Dividends & Interest | $31,079 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $26,944 |
| Capital Gain Net Income | $26,944 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,316 |
| Total Revenue | $61,552 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $522 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $14,558 |
| Contributions, gifts, grants paid | $1,856,056 |
| Total expenses and disbursements | $1,870,614 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Abt Family Charitable Foundation has awarded $1,856,056 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ENDOWMENT FOUNDATION - ABT FAMILY DONOR FUND PURPOSE: GENERAL FUND | $1,739,056 |
BRIDGE TO SUCCESS PURPOSE: GENERAL FUND | $10,000 |
CHICAGO FUND FOR AGING & DISABILITIES PURPOSE: GENERAL FUND | $2,000 |
EASTERSEALS PURPOSE: GENERAL FUND | $25,000 |
CHICAGO POLICE MEMORIAL FOUNDATION PURPOSE: GENERAL FUND | $5,000 |
EVANS SCHOLARS FOUNDATION PURPOSE: GENERAL FUND | $15,000 |