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Abele Family Foundation is a private corporation based in PHILADELPHIA, PA. The foundation received its IRS ruling in 2013. The principal officer is Wilbert D Abele. It holds total assets of $37M. Annual income is reported at $10.4M. Total assets have grown from $53K in 2011 to $34.3M in 2022. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Pennsylvania and New Jersey. According to available records, Abele Family Foundation has made 125 grants totaling $14.1M, with a median grant of $10K. Annual giving has grown from $2.1M in 2020 to $3.8M in 2023. Grantmaking activity was highest in 2022 with $6.3M distributed across 39 grants. Individual grants have ranged from $500 to $1.4M, with an average award of $113K. The foundation has supported 41 unique organizations. The foundation primarily supports organizations in Pennsylvania, Maine, Ohio, which account for 80% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$10K
Average Grant
$160K
Largest Grant
$1.4M
Based on 13 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.
Abele Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 125 grants. Its grantmaking reaches organizations primarily in PA, ME, OH.
Abele Family Foundation has distributed a total of $14.1M across 125 grants. The median grant size is $10K, with an average of $113K. Individual grants have ranged from $500 to $1.4M.
Abele Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Abele Family Foundation is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wilbert D Abele | FOUNDING DIR | $0 | $0 | N/A |
| Joan Abele | DIRECTOR | $0 | $0 | N/A |
| Karen E Scheu | DIRECTOR | $0 | $0 | N/A |
| Nina B Stryker | DIRECTOR | $0 | $0 | N/A |
| Edward Abele | DIRECTOR | $0 | $0 | N/A |
| Theodore Piotrowicz | DIRECTOR | $0 | $0 | N/A |
Total Giving
$2.2M
Total Assets
$34.3M
Fair Market Value
$34.3M
Net Worth
$34.3M
Grants Paid
$1.9M
Contributions
$276K
Net Investment Income
$903K
Distribution Amount
$1.8M
Total: $3.1M
Total Grants
125
Total Giving
$14.1M
Average Grant
$113K
Median Grant
$10K
Unique Recipients
41
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ursinus CollegeOPERATING FUNDS | Collegeville, PA | $989K | 2023 |
| Union League Legacy FoundationSCHOLARSHIP | Philadelphia, PA | $271K | 2023 |
| Chewonki FoundationOPERATING FUNDS/SCHOLARSHIP | Wiscasset, ME | $20K | 2023 |
| Philadelphia Renaissance Wind BandOPERATING | Philadelphia, PA | $15K | 2023 |
| Union League ScholarshipGIRARD COLLEGE SCHOLARSHIP | Philadelphia, PA | $15K | 2023 |
| Haddonfield FriendsOPERATING | Haddonfield, NJ | $13K | 2023 |
| Freds FootstepsOPERATING FUNDS/SCHOLARSHIP | Bryn Mawr, PA | $10K | 2023 |
| Encore Series Inc Aka Philly PopsOPERATING | Philadelphia, PA | $8K | 2023 |
| Lucy OutreachOPERATING FUNDS | Camden, NJ | $8K | 2023 |
| National Liberty MuseumOPERATING | Philadelphia, PA | $5K | 2023 |
| Williamson College Of The TradesOPERATING | Media, PA | $5K | 2023 |
| Pyc Music InstituteOPERATING FUNDS/SCHOLARSHIP | Philadelphia, PA | $3K | 2023 |
| VillanovaOPERATING FUNDS | Villanova, PA | $2K | 2023 |
| Freedoms Foundation At Valley ForgeOPERATING FUNDS | Valley Forge, PA | $1K | 2023 |
| Independence HistoricaltrustOPERATING | Philadelphia, PA | $1K | 2023 |
| Free & Accepted Masons Of NjOPERATING | Audubon, NJ | $1K | 2023 |
| Girard College FoundationOPERATING | Philadelphia, PA | $500 | 2023 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA