Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
A national call for U.S.-based nonprofits to develop and scale innovative, community-led solutions that address health access barriers or social determinants of health. Up to five organizations are selected to participate in a 10-week accelerator program to refine and scale their impact.
Abbvie Foundation is a private corporation based in NORTH CHICAGO, IL. The foundation received its IRS ruling in 2013. The principal officer is John A Berry. It holds total assets of $217.7M. Annual income is reported at $67.6M. Total assets have grown from $8.9M in 2012 to $47.4M in 2023. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Illinois and California. According to available records, Abbvie Foundation has made 156 grants totaling $77.1M, with a median grant of $50K. The foundation has distributed between $37.9M and $39.2M annually from 2022 to 2023. Individual grants have ranged from $5K to $10.6M, with an average award of $494K. The foundation has supported 96 unique organizations. The foundation primarily supports organizations in Illinois, South Carolina, District of Columbia, which account for 63% of all grants. Grantmaking reaches organizations across 18 states. Contributions to this foundation are tax-deductible.
The AbbVie Foundation operates as a highly strategic corporate philanthropy arm, functioning almost entirely through invited partnerships rather than open grant cycles. Since its 2013 incorporation, the foundation has provided more than $283 million to 265+ organizations — with annual giving accelerating to the $38-45 million range as AbbVie Inc.'s parent-company contributions have grown. Understanding this architecture is essential before any engagement strategy.
The foundation's giving philosophy centers on two interlocking mechanisms: (1) large, multi-year strategic partnerships with national-scale nonprofits demonstrating measurable impact on health equity, STEM education, and workforce development; and (2) employee-directed community programs, anchored by the Week of Possibilities — an annual company-wide volunteer initiative that channels millions in foundation dollars to coordinating organizations like Points of Light ($4.2M across two grants) and Transform for Kids ($3.5M across three grants). A third pillar — employee matching gifts processed through Blackbaud Giving Fund ($17.6M across two grant periods) — reflects how deeply integrated the foundation is with AbbVie's internal corporate culture rather than traditional external grantmaking.
Organizations that win large strategic grants share several defining characteristics: they are established national nonprofits with proven track records (Year Up, UNCF, Direct Relief, Baylor College of Medicine's BIPAI program), they align with AbbVie's health or education mission, and they have operational capacity to absorb multimillion-dollar, multiyear engagements. University of Chicago received $7.3M across four grants; UNCF received $4.8M across two. These are not cold-call relationships.
For new entrants, the foundation explicitly states it does not accept unsolicited applications. The standard path in requires an internal champion — an AbbVie employee who knows and advocates for an organization through employee resource groups or community relations teams. The Health Equity Accelerator, launched in 2025 in partnership with MATTER, represents the foundation's first and only publicly open competitive program. While the Accelerator's $50,000 final award is modest relative to the foundation's flagship grants, it functions as both a credentialing mechanism and a relationship-builder with foundation leadership.
Organizations based in or serving North Chicago, Lake County, or Illinois communities near AbbVie facilities should leverage that geographic alignment explicitly — 56% of tracked grants by count went to Illinois nonprofits. Therapeutic alignment with AbbVie's focus areas (immunology, oncology, neuroscience, or aesthetics access) further strengthens strategic fit for organizations pursuing an invitation pathway.
AbbVie Foundation grantmaking is heavily concentrated at the top of the portfolio. Across 156 tracked direct grants totaling approximately $77.1 million, the average grant size is $494,452 — but this figure is dominated by a handful of flagship partnerships. The top 10 recipients alone account for roughly $55 million, or 71% of tracked dollars, making the distribution highly right-skewed. Employee matching gifts processed through Blackbaud Giving Fund ($17.6M across two transactions) are the single largest line item, reflecting the massive scale of AbbVie's corporate matching program rather than traditional philanthropic selection.
Annual total giving has been remarkably stable in absolute terms: $38.2M (FY2022), $44.8M (FY2021), $42.4M (FY2020), with FY2023 at $39.9M. The foundation received $35 million in parent-company contributions in FY2023, enabling its $39.2 million in grants paid plus administrative costs. Net investment income adds $4-6 million annually. The foundation's asset base has declined from a peak of $112.5 million (FY2020) to $47.4 million (FY2023) as spending consistently outpaces investment returns, making the foundation increasingly dependent on AbbVie Inc.'s annual infusions — a point of concentration risk tied to corporate performance.
Strategic direct grants cluster into three size bands: - Flagship multi-year partnerships ($2M-$7.3M over grant period): University of Chicago $7.3M, UNCF $4.8M, Direct Relief $4.7M, Year Up $4M, Points of Light $4.2M, Foundation for the Carolinas employee relief fund $4.4M - Mid-tier program grants ($800K-$3.5M): Transform for Kids $3.5M, Baylor/BIPAI $3.2M, National Urban League $2.8M, Indiana University/AMPATH $2.2M - Community grants in the North Chicago/Lake County corridor ($40K-$600K): North Chicago Community Partners $1.2M, Habitat for Humanity Lake County IL $600K, Providence St. Mel School $600K, Erie Family Health Centers $100K
Geography skews decisively toward Illinois: 87 of 156 tracked grants by count landed in Illinois-based nonprofits. California (15 grants) and DC (9 grants) are the only meaningful secondary markets. By program focus, health equity captures the largest share of direct strategic dollars — conservative estimates place it above 55% of non-employee-matching giving — while STEM education (the foundation's stated IRS-registered formal mission) captures a proportionally smaller share despite being the designated programmatic priority on 990 filings. This divergence matters: organizations should lead with health equity alignment in conversations, not STEM alone.
The AbbVie Foundation's asset-size peers — foundations holding approximately $216-218 million in assets — are primarily family philanthropy and grantmaking vehicles with quite different missions and access models. This comparison uses database peers grouped by asset size alongside AbbVie's own profile, with a note on structural differences.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| AbbVie Foundation | $47M (FY2023 990) | ~$39M | Health equity, STEM, workforce dev | Invitation-only; Accelerator open |
| Richard M. Schulze Family Foundation | ~$218M | ~$12-18M est. | Community, Catholic ministry | Invitation-only |
| James & Judith K. Dimon Foundation | ~$216M | Not disclosed | Community development | Not public |
| Barbara Newington Foundation | ~$218M | Not disclosed | Philanthropy & Grantmaking | Not public |
| Low Road Foundation | ~$217M | Not disclosed | Philanthropy & Grantmaking | Not public |
AbbVie Foundation stands apart from these asset-size peers in two critical ways. First, its annual payout rate is exceptionally high: it disperses ~$39 million per year despite maintaining only $47 million in operational assets — a payout ratio exceeding 80% — sustained by consistent annual infusions from its parent company rather than endowment drawdowns. Most foundations of comparable asset size give $10-18 million annually. Second, the Health Equity Accelerator is structurally unusual for a corporate foundation, which typically operates fully closed grantmaking calendars. The Schulze Family Foundation, for instance, maintains an entirely invitation-only model with no announced open programs.
For grant seekers comparing funders, AbbVie Foundation's dependence on AbbVie Inc. for annual giving capacity means its philanthropic output correlates with pharmaceutical revenue cycles. AbbVie Inc. reported strong full-year 2025 results on February 4, 2026, suggesting continued robust giving capacity heading into 2026 and 2027.
The most significant recent development is the January 27, 2026 opening of applications for the 2026 AbbVie Foundation Health Equity Accelerator, with a hard deadline of March 8, 2026 at 11:59pm CT. Now in its second year, the program is an annual fixture — evidence that the foundation is deliberately expanding its accessible grantmaking surface beyond its traditional by-invitation model. Five nonprofits will be selected for the May 11–July 17, 2026 cohort, culminating in a showcase in Chicago the week of August 3, 2026.
In August 2025, the foundation announced its inaugural Accelerator grant recipient: Banco de Alimentos de Puerto Rico, awarded a $50,000 unrestricted grant for its 'Food as Medicine' initiative combining monthly food prescriptions, in-home health assessments, nutrition education, and exercise activities for older adults in underserved communities. The organization was selected from five finalists — all of whom received $10,000 stipends upon joining the May 2025 cohort — for its 'strategic clarity and strong vision for scale,' according to MATTER's CEO. Projected impact: $7.4 million in annual hospital system savings and 20,000 reduced readmissions.
Foundation leadership — President Claudia Carravetta, Vice President/Secretary Emily Weith, and Treasurer Wayne Klintworth — has remained stable, suggesting continuity in grantmaking priorities and no imminent strategic pivots. No public leadership transitions or major program eliminations have been announced.
On February 4, 2026, AbbVie Inc. released its full-year 2025 financial results, noting strong performance across its immunology portfolio. Since AbbVie contributed $35 million to the foundation in FY2023, continued strong corporate earnings are a positive signal for 2026 grantmaking capacity.
Because the AbbVie Foundation does not accept unsolicited proposals for most of its funding, strategy breaks cleanly into two tracks: the Health Equity Accelerator (the only open-access pathway) and relationship-driven cultivation for invited strategic partnerships.
For the Health Equity Accelerator (deadline: March 8, 2026 at 11:59pm CT):
The foundation and MATTER evaluate on three dimensions — innovation (novel approach to healthcare access, not incremental improvement), readiness (evidence of early success beyond the conceptual phase), and scale (a credible and specific plan to expand impact). The 2025 winner was chosen explicitly for 'strategic clarity and strong vision for scale' — weak applications over-invest in problem statements and under-invest in growth roadmaps. Build your application around quantified outcomes: patient readmissions reduced, cost savings generated, population served. The winning application projected $7.4 million in annual hospital savings — a specific, credible claim backed by evidence.
Eligibility includes U.S. territories, so organizations serving Puerto Rico, Guam, and other territories are explicitly welcome — this is not an oversight, and the foundation's selection of a Puerto Rican organization in Year 1 signals genuine territorial inclusion. The program requires five to seven hours per week for ten weeks plus mandatory attendance at two in-person Chicago events (May kickoff and August showcase). Budget these costs before applying.
For cultivating an invitation to strategic partnership:
The most reliable pathway is through AbbVie employees. The foundation's $700,000 in annual ERG grants is directed by employee resource groups to organizations employees personally champion. Attend events at or near AbbVie's North Chicago facilities; engage with AbbVie employees on nonprofit boards in your sector; and research which AbbVie employees serve in community relations roles at 1 N Waukegan Rd, North Chicago, IL 60064 (main: 847-938-8188).
Alignment language matters acutely: use 'health equity,' 'underserved communities,' 'systemic change,' and 'transformative impact' consistently. The foundation explicitly frames itself as a 'catalyst for change' pursuing 'transformative' rather than transactional impact. Avoid positioning your organization as a service provider or subcontractor — frame the relationship as a partnership to accelerate an innovation.
Timing note: The Accelerator follows a fixed annual cycle — applications open in late January, close in early March. Subscribe at abbvie.submittable.com now to receive the FY2027 call the moment it opens.
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
Smallest Grant
N/A
Median Grant
$250
Average Grant
$17K
Largest Grant
$10M
Based on 2,507 grants from the most recent 990-PF filing.
Develop global science (stem) education program that serves primary and secondary school children in communities.
Expenses: $124K
AbbVie Foundation grantmaking is heavily concentrated at the top of the portfolio. Across 156 tracked direct grants totaling approximately $77.1 million, the average grant size is $494,452 — but this figure is dominated by a handful of flagship partnerships. The top 10 recipients alone account for roughly $55 million, or 71% of tracked dollars, making the distribution highly right-skewed. Employee matching gifts processed through Blackbaud Giving Fund ($17.6M across two transactions) are the sin.
Abbvie Foundation has distributed a total of $77.1M across 156 grants. The median grant size is $50K, with an average of $494K. Individual grants have ranged from $5K to $10.6M.
The AbbVie Foundation operates as a highly strategic corporate philanthropy arm, functioning almost entirely through invited partnerships rather than open grant cycles. Since its 2013 incorporation, the foundation has provided more than $283 million to 265+ organizations — with annual giving accelerating to the $38-45 million range as AbbVie Inc.'s parent-company contributions have grown. Understanding this architecture is essential before any engagement strategy. The foundation's giving philoso.
Abbvie Foundation is headquartered in NORTH CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 18 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$39.9M
Total Assets
$47.4M
Fair Market Value
$191.3M
Net Worth
$45.3M
Grants Paid
$39.2M
Contributions
$35M
Net Investment Income
$6.1M
Distribution Amount
$8.6M
Total Grants
156
Total Giving
$77.1M
Average Grant
$494K
Median Grant
$50K
Unique Recipients
96
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Transform For KidsWOP 2023 Execution and WOP 2024 Planning | Lake Bluff, IL | $2M | 2023 |
| The Blackbaud Giving FundMatching Grants | Charleston, SC | $10.6M | 2023 |
| United Negro College FundUNCF Healthcare Workforce Diversity Program | Washington, DC | $2.4M | 2023 |
| Points Of Light FoundationWeek of Possibilities 2023 Volunteer Projects Implementation and Week of Possibilities Volunteer for 2024 | Atlanta, GA | $2.1M | 2023 |
| University Of ChicagoShaping the Future of Cancer Research and Care | Chicago, IL | $2M | 2023 |
| Year Up IncYear Up: Closing the Opportunity Divide | Boston, MA | $2M | 2023 |
| Direct ReliefFund for Health Equity | Santa Barbara, CA | $1.9M | 2023 |
| Foundation For The CarolinasAbbVie Employee Relief Fund | Charlotte, NC | $1.9M | 2023 |
| Baylor College Of Medicine International Pediatric Aids InitiativeBIPAI HIV and General Mission Support | Houston, TX | $1.6M | 2023 |
| National Urban League IncProject Ready Mentor | New York, NY | $1.4M | 2023 |
| The Heart Of America Foundation2023 WoP: 4 HQ + 10 Field Site Projects | Washington, DC | $1.4M | 2023 |
| Indiana UniversityAMPATH Population Health | Detroit, MI | $1.1M | 2023 |
| North Chicago Community PartnersK-12 Community School Initiative | Lake Bluff, IL | $575K | 2023 |
| Scholarship AmericaScholarships | Minneapolis, MN | $507K | 2023 |
| Project Hope - The People-To-People Health Foundation Inc2023 Turkiye Earthquakes Response | Washington, DC | $500K | 2023 |
| International Medical CorpsTurkey and Syria Earthquake Emergency Response | Los Angeles, CA | $500K | 2023 |
| Family Reach FoundationGeneral Mission | Boston, MA | $400K | 2023 |
| Partners In HealthStrengthening Community Health in Mexico FY24 | Boston, MA | $400K | 2023 |
| Unicef UsaUNICEF Response Gaza, State of Palestine HAC | New York, NY | $300K | 2023 |
| Providence St Mel SchoolAbbVie Scholarships and the Academic Intervention Model | Chicago, IL | $300K | 2023 |
| Jersey Cares Inc2023 Week of Possibilities Support | Livingston, NJ | $300K | 2023 |
| Habitat For Humanity Lake County Il IncWeek of Possibilities 2024 Home Builds | Waukegan, IL | $300K | 2023 |
| Bernie'S Book Bank2023 Week of Possibilities | Lake Bluff, IL | $280K | 2023 |
| Grateful Film Fund"Vanish Mode" Documentary | Santa Monica, CA | $200K | 2023 |
| Beacon Place NfpGeneral Mission | Waukegan, IL | $175K | 2023 |
| Cradles To Crayons IncReady for Learning 2023 | Chicago, IL | $150K | 2023 |
| Teach For AmericaExpanding Impact for North Chicago Students through Teacher Recruitment and Support | Chicago, IL | $122K | 2023 |
| Global Health CorpsInvesting in the next generation of health equity leaders | New York City, NY | $100K | 2023 |
| Erie Family Health CentersGeneral Mission | Chicago, IL | $50K | 2023 |
| Pads Lake County IncGeneral Mission Support | Waukegan, IL | $35K | 2023 |
| Project Vision IncGeneral Mission Support | Chicago, IL | $25K | 2023 |
| Pui Tak CenterDisability Support for Chinatown Families | Chicago, IL | $25K | 2023 |
| Lake County Veterans And Family Services FoundationGeneral Mission | Grayslake, IL | $25K | 2023 |
| Christian Community Health CenterGeneral Mission | Chicago, IL | $25K | 2023 |
| Waukegan To College NfpGeneral Mission | Waukegan, IL | $25K | 2023 |
| Science & Entrepreneurship ExchangeGeneral Mission | Chicago, IL | $25K | 2023 |
| United Service Organizations IncGeneral Mission | Arlington, VA | $25K | 2023 |
| Total Link To CommunityGeneral Mission | Northbrook, IL | $25K | 2023 |
| Big Brothers Big Sisters Of Metropolitan ChicagoGeneral Mission | Chicago, IL | $25K | 2023 |
| Chapter OneGeneral Mission | Odessa, FL | $25K | 2023 |
| Chicago Women'S Health CenterGeneral Mission | Chicago, IL | $25K | 2023 |
| Iola FoundationGeneral Mission | Los Angeles, CA | $25K | 2023 |
| Girl Talk IncGeneral Mission | Atlanta, GA | $25K | 2023 |