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Abel Foundation is a private corporation based in LINCOLN, NE. The foundation received its IRS ruling in 1953. It holds total assets of $14M. Annual income is reported at $5.4M. Total assets have grown from $7.6M in 2011 to $14.3M in 2023. The foundation is governed by 8 officers and trustees. Since the beginning, the values of the Abel family have always included returning a measure of its success to the community through contributions. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Lincoln, Nebraska, Lancaster County, Nebraska and NEBCO service areas. According to available records, Abel Foundation has made 199 grants totaling $4.5M, with a median grant of $7K. Annual giving has decreased from $2.7M in 2022 to $1.8M in 2023. Individual grants have ranged from N/A to $526K, with an average award of $23K. The foundation has supported 102 unique organizations. The foundation primarily supports organizations in Nebraska, New York, Missouri, which account for 97% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$5K
Average Grant
$9K
Largest Grant
$50K
Based on 63 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Since the beginning, the values of the Abel family have always included returning a measure of its success to the community through contributions. Based on available records, the foundation has funded 199 grants. Its grantmaking reaches organizations primarily in NE, NY, MO.
Abel Foundation has distributed a total of $4.5M across 199 grants. The median grant size is $7K, with an average of $23K. Individual grants have ranged from N/A to $526K.
The application deadline is Quarterly: February 15, May 15, August 15, November 15. Eligible organizations must be 501(c)(3) nonprofits located in Nebraska (primarily Lincoln/Lancaster County or NEBCO service areas). Ineligible: non-501(c)(3) organizations, endowments, individuals, businesses, private foundations, religious issues, travel/membership expenses. Cannot reapply within 12 months of approval/denial. An application form is available on the foundation's website.
Abel Foundation is headquartered in LINCOLN, NE. While based in NE, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Max Rodenburg | VP/SEC | $100K | $0 | $100K |
| Philip C Abel | DIRECTOR | $0 | $0 | N/A |
| Mary Abel | DIRECTOR | $0 | $0 | N/A |
| Bryan D Murray | TREASURER | $0 | $0 | N/A |
| Jack P Abel | DIRECTOR | $0 | $0 | N/A |
| James P Abel | PRESIDENT | $0 | $0 | N/A |
| John C Abel | DIRECTOR | $0 | $0 | N/A |
| Kayla Abel | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.9M
Total Assets
$14.3M
Fair Market Value
$18M
Net Worth
$14.3M
Grants Paid
$1.8M
Contributions
$3.2M
Net Investment Income
$1.3M
Distribution Amount
$677K
Total: $13.3M
Total Grants
199
Total Giving
$4.5M
Average Grant
$23K
Median Grant
$7K
Unique Recipients
102
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Angels Among UsPROGRAM SUPPORT | Omaha, NE | $10K | 2023 |
| Malone Community CenterPROGRAM AND CAPITAL CAMPAIGN | Lincoln, NE | $526K | 2023 |
| Lincoln Youth ComplexCAPITAL CAMPAIGN | Lincoln, NE | $125K | 2023 |
| Lincoln Community FoundationGRANTS | Lincoln, NE | $122K | 2023 |
| Museum Of Nebraska ArtCAPITAL CAMPAIGN | Kearney, NE | $100K | 2023 |
| United Way Of Lincoln And LancasterPROGRAM SUPPORT AND CAPITAL CAMPAIGN | Lincoln, NE | $94K | 2023 |
| Cedars Home For Children FoundationCAPITAL CAMPAIGN | Lincoln, NE | $50K | 2023 |
| Nebraska Game And Parks FoundationPROGRAM SUPPORT | Lincoln, NE | $50K | 2023 |
| Nebraska Public Meda FoundationCAPITAL CAMPAIGN | Lincoln, NE | $50K | 2023 |
| Kearney Family Ymca FoundationCAPITAL CAMPAIGN | Lincoln, NE | $50K | 2023 |
| Capital Humane SocietyGENERAL FUND | Lincoln, NE | $50K | 2023 |
| First Plymouth Congregational ChurcGENERAL FUND | Lincoln, NE | $35K | 2023 |
| Ymca Of LincolnSCHOLARSHIPS | Lincoln, NE | $33K | 2023 |
| Rabble MillPROGRAM SUPPORT | Lincoln, NE | $33K | 2023 |
| National Audubon SocietyCAPITAL CAMPAIGN | New York, NY | $33K | 2023 |
| Asian Community & Cultural CenterPROGRAM SUPPORT | Lincoln, NE | $30K | 2023 |
| Ashland Area FoundationPROGRAM SUPPORT | Ashland, NE | $25K | 2023 |
| Trustee Of Columbia UniversityRESEARCH GRANT | New York, NY | $25K | 2023 |
| Foundation For Lincoln Public SchooCAPITAL CAMPAIGN | Lincoln, NE | $25K | 2023 |
| Fresh Start IncPROGRAM SUPPORT | Lincoln, NE | $25K | 2023 |
| Kearney Area Community FoundationCAPITAL CAMPAIGN | Kearney, NE | $25K | 2023 |
| Neighborworks LincolnCAPITAL CAMPAIGN | Lincoln, NE | $20K | 2023 |
| United Way Of The Kearney Area IncGRANT SUPPORT | Kearney, NE | $20K | 2023 |
| Lincoln Children'S MuseumPROGRAM SUPPORT | Lincoln, NE | $13K | 2023 |
| Lincoln LiteracyCAPITAL CAMPAIGN | Lincoln, NE | $13K | 2023 |
| White Cane FoundationGENERAL FUND | Lincoln, NE | $10K | 2023 |
| Lincoln Habitat For HumanityPROGRAM SUPPORT | Lincoln, NE | $10K | 2023 |
| Howard County Medical FoundationPROGRAM SUPPORT | St Paul, NE | $10K | 2023 |
| Belmont Community CenterPROGRAM SUPPORT | Lincoln, NE | $10K | 2023 |
| Food Bank Of LincolnGENERAL FUND | Lincoln, NE | $10K | 2023 |
| Cornhusker Council Boy ScoutsPROGRAM SUPPORT | Lincoln, NE | $10K | 2023 |
| Nebraska Diaper BankPROGRAM SUPPORT | Omaha, NE | $10K | 2023 |
| Community Action PartnershipCAPITAL CAMPAIGN | Lincoln, NE | $10K | 2023 |
| Clyde Malone Community CenterPROGRAM SUPPORT | Lincoln, NE | $10K | 2023 |
| Peru State College FoundationCAPITAL CAMPAIGN | Peru, NE | $10K | 2023 |
| Leadership Lincoln IncPROGRAM SUPPORT | Lincoln, NE | $10K | 2023 |
| Special Olympics Nebraska IncPROGRAM SUPPORT | Omaha, NE | $5K | 2023 |
| American Red CrossPROGRAM SUPPORT | Lincoln, NE | $5K | 2023 |
| Good Life Community DevelopmentPROGRAM SUPPORT | Lincoln, NE | $5K | 2023 |
| Fontbonne UniversityATHLETIC PROGRAM FUND | St Louis, MO | $5K | 2023 |
| Lincoln Symphony OrchestraPROGRAM SUPPORT | Lincoln, NE | $5K | 2023 |
| Matt Talbot KitchenCAPITAL CAMPAIGN | Lincoln, NE | $5K | 2023 |
| Seal Family FoundationGENERAL OPERATIONG GRANT | Carlsbad, CA | $5K | 2023 |
| Willard Community CenterPROGRAM SUPPORT | Lincoln, NE | $5K | 2023 |
| Nebraska Community FoundationPROGRAM SUPPORT | Lincoln, NE | $5K | 2023 |
| The Builder FoundationPROGRAM SUPPORT | Omaha, NE | $5K | 2023 |
| Heartland Cancer FoundationPROGRAM SUPPORT | Lincoln, NE | $5K | 2023 |
| Lincoln International FcGENERAL FUND | Lincoln, NE | $5K | 2023 |
| Mayo Foundation For Medical ResearcRESEARCH SUPPORT | Rochester, MN | $3K | 2023 |
| Lincoln Parks FoundationCAPITAL CAMPAIGN | Lincoln, NE | $3K | 2023 |