William S Abell Foundation Inc

Organization Overview

William S Abell Foundation Inc is located in Chevy Chase, MD. The organization was established in 1986. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William S Abell Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, William S Abell Foundation Inc generated $7.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.2% each year . All expenses for the organization totaled $3.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, William S Abell Foundation Inc has awarded 335 individual grants totaling $10,048,007. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

N/A


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rsm Us Llp
$94,498
Intentional Philanthrophy Llc
$68,750
Flex Professionals
$52,258
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $854,729
Net Rental Income$0
Net Gain on Sale of Assets $6,467,127
Capital Gain Net Income $6,467,127
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $95,106
Total Revenue $7,416,962

Grants Awarded

Over the last fiscal year, William S Abell Foundation Inc has awarded $2,606,244 in support to 80 organizations.

Grant RecipientAmount

CALVARY WOMEN'S SERVICES INC

Org PageRecipient Profile

Washington, DC

PURPOSE: HOMELESS GRANT, SI HOMELESSNESS GRANTS, SI ABUSED WOMEN & CHILDREN GRANTS

$270,000

Washington, DC

PURPOSE: SI HOMELESSNESS GRANTS, SI ABUSED WOMEN & CHILDREN GRANTS, SI EMERGENCY FUND GRANTS

$225,000

PASSION AND COMPASSION INC

PURPOSE: HUNGRY GRANT, SI EMERGENCY FUND GRANTS

$141,000

CATHOLIC CHARITIES

PURPOSE: HUNGRY GRANT, HOMELESS GRANT, NEEDY PREGNANT WOMEN GRANT

$100,000

SOCIAL GOOD FUND

PURPOSE: HOMELESS GRANT, SI NEIGHBORHOOD INITIATIVE GRANTS

$95,000

JUBILEE ASSOCIATION OF MARYLAND

Org PageRecipient Profile

Kensington, MD

PURPOSE: SI INTELLECTUAL DISABILITIES GRANTS

$90,866
View Grant Profile

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