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Also known as: FAMILY FOUNDATION C/O LAWRENCE ABEL
Harold Abel And Irs T Abel Family Foundation is a private trust based in PHILADELPHIA, PA. The foundation received its IRS ruling in 2019. The principal officer is % Lawrence W Abel. It holds total assets of $1.5M. Annual income is reported at $1.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Harold Abel And Irs T Abel Family Foundation has made 37 grants totaling $664K, with a median grant of $6K. Annual giving has decreased from $109K in 2020 to $86K in 2023. Grantmaking activity was highest in 2022 with $393K distributed across 16 grants. Individual grants have ranged from $1K to $135K, with an average award of $18K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in Michigan, Pennsylvania, District of Columbia, which account for 92% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Harold Abel And Irs T Abel Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in MI, PA, DC.
Harold Abel And Irs T Abel Family Foundation has distributed a total of $664K across 37 grants. The median grant size is $6K, with an average of $18K. Individual grants have ranged from $1K to $135K.
Harold Abel And Irs T Abel Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Harold Abel And Irs T Abel Family Foundation is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Matthew R Abel | TRUSTEE | $0 | $0 | $0 |
| Lawrence W Abel | TRUSTEE | $0 | $0 | $0 |
Total Giving
$89K
Total Assets
$1.5M
Fair Market Value
$1.8M
Net Worth
$1.5M
Grants Paid
$86K
Contributions
$0
Net Investment Income
$25K
Distribution Amount
$83K
Total: $136K
Total Grants
37
Total Giving
$664K
Average Grant
$18K
Median Grant
$6K
Unique Recipients
17
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Central Michigan UniversityCHARITABLE GIFT | Mt Pleasant, MI | $35K | 2023 |
| Various OrganizationsCHARITABLE GIFT | Various, PA | $14K | 2023 |
| Temple Beth Zion-Beth IsraelCHARITABLE GIFT | Philadelphia, PA | $11K | 2023 |
| Prism Gay Men And AlliesCHARITABLE GIFT | Royal Oak, MI | $10K | 2023 |
| Adath IsraelCHARITABLE GIFT | Merion Station, PA | $6K | 2023 |
| Zekelman Holocaust CenterCHARITABLE GIFT | Farmington Hills, MI | $5K | 2023 |
| Jewish Federation Of Greater PhiladelphiaCHARITABLE GIFT | Philadelphia, PA | $5K | 2023 |
| The Empowerment PlanCHARITABLE GIFT | Detroit, MI | $10K | 2022 |
| Fund For Equal JusticeCHARITABLE GIFT | Washington, DC | $5K | 2022 |
| Arthritis FoundationCHARITABLE GIFT | West Palm Beach, FL | $1K | 2022 |
| Dialogue InstituteCHARITABLE GIFT | Philadelphia, PA | $20K | 2021 |
| Ceasefirepa EducationCHARITABLE GIFT | Philadelphia, PA | $5K | 2021 |
| Holocaust Memorial CenterCHARITABLE GIFT | Washington, DC | $5K | 2021 |
| Detroit Yacht Club FoundationCHARITABLE GIFT | Detroit, MI | $5K | 2020 |
| Gleaners Food BankCHARITABLE GIFT | Cranberry Twp, PA | $5K | 2020 |
| United Negro College FundCHARITABLE GIFT | Washington, DC | $5K | 2020 |
| Jewsih National FundCHARITABLE GIFT | New York, NY | $4K | 2020 |
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