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Abbott Fund (Formerly Abbott Laboratories Fund)
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| Funder type: |
Corporate Foundation |
| Address: |
Dept. 379, Building 6D
100 Abbott Park Road
Abbott Park, IL 60064-3500 |
| Telephone: |
847-937.7075 |
| Contact: |
Cindy
Schwab, Vice President
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| EIN: |
366069793 |
| Url: |
http://www.abbottfund.org
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| Email: |
cindy.schwab@abbott.com
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| Geographic focus: |
(Emphasis on IL, OH) 40 or More States, AL, AZ, CA, CO, CT, FL, GA, IA, IN, KS, LA, MA, MD, ME, MI, MN, MO, MS, MT, National, NC, NE, NH, NJ, NY, OK, OR, PA, Puerto Rico, RI, SC, SD, TN, TX, UT, VA, VT, WA, Washington, D.C. Metro Area, WI, WY |
| Types of support: |
Continuing Support, Employee Matching Gifts, General/Operating Support, Research, Scholarship Funds |
| Funding Restrictions: |
The Fund's guidelines preclude making grants for:
Individuals
Purely social organizations
Political parties or candidates
Sectarian Religious organizations
Advertising
Symposia, conferences and meetings
Ticket purchases
Memberships
Business–related purposes
Volunteer efforts of non–Abbott employees
Marketing Sponsorships
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| Deadlines: |
none
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| Geographic Interests: |
International and domestic. Nearly one-third of their funds were awarded in home state IL, another 25% in OH. The remaining was awarded in 40 other states. |
| Related corporation? |
YES |
| Corporation: |
Abbott Laboratories |
| Corp Url: |
http://www.abbott.com
http://www.abbott.com/citizenship/fund/fund.cfm
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| Total assets: |
$191,387,250
as of
2006 |
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Average grant range:
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$ 5,000 to $ 20,000 |
| Grant low: |
$ 25 |
| Grant high: |
$ 11,045,000 |
| Online application: |
http://www.cybergrants.com/cybergrants/plsql/quiz.display_question?x_gm_id=1512&x_order_by=1
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| Trustees / directors: |
Catherine V. Babington, President; Cindy Schwab, Vice President; Brian J. Smith, Secretary; Carol Sebesta, Treasurer; Thomas M. Wascoe; Miles D. White, Chair and CEO. |
| 990 report(s): | View ReportView Report (Requires Adobe Acrobat). |
| NTEE Code(s): |
ART, ED, HEA, HS, INT |
| Special Population Groups: |
Children & Youth (5-18), People with AIDS |
| Business notes: |
The company primarily produces pharmaceuticals including anti-infectives, antibiotics, and other drugs such as HIV treatment Norvir. Abbott is also a leading diagnostics company, with tests for HIV, strep throat, and pregnancy. Its Ross Products division makes such well-known nutritionals as Similac (infant formula) and Ensure (nutrition supplement). TAP Pharmaceutical Products, the company's joint venture with Takeda Chemical Industries, makes best-selling acid reflux remedy Prevacid. Abbott spun off its Hospital Products business under the name Hospira in 2004. |
| Takeaway Notes: |
~ Although Abbott is in a health-related industry, more than half of its funding is awarded to youth and community human service providers. ~AIDS and other disease-related organizations receive a large share of funding as do arts & culture groups ~ Children in poverty are always a popular cause for Abbott. ~The company is moving more money into international organizations, especially in third-world countries in Southeast Asia. ~Like most pharmaceuticals, inkind giving strongly outweighs cash giving, by more than $10 to $1.
Health & Pharmaceuticals Industry ~ |
Giving by Interest Area:
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- International - 60 %
- United Way/Matching Gifts/Other Funds - 10 %
- Education - 10 %
- Health - 10 %
- Arts & Culture - 5 %
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Overview: The company states that its grants are focused on: supporting global care initiatives; expanding access to products, including product donations; and nurturing future innovations.
In the past two years, Abbott has shifted most of its funding to international causes, including AIDS prevention and education, patient assistance, free drugs, and a special program in Tanzania.
The largest portion of grants supports health and welfare agencies, with priority given to those agencies that serve Abbott communities. The Fund generally gives perference to requests for one-time contributions and for grogrammatic and operating purposes.
In the area of education, support for institutions whose programs and services possess the potential of providing both long-term and short-term benefits to the health care industry and its employees, including basic research in the physical and biological sciences, medicine, pharmacy, nutrition, and diagnostics. Support also for institutions of higher learning that are potential sources of professional, management, and technical personnel for the health care industry.
Priority is be given to organizations serving communities in which Abbott has significant operations or employee populations; to institutions that provide education or service to present or potential employees of Abbott; and to organizations whose activities are directed toward the support of professions that provide health care or other services in fields related to Abbott's areas of operation.
Health and Welfare: The Fund supports human health and welfare through federated or community drives funding local institutions in Abbott communities. The amount of support to specific campaigns is based on the number of employees living in the areas served by the agencies and the level of employee support of such campaigns.
Generally, contributions in this category are not made to national agencies conducting annual public fund drives; however, selective support may be given to these agencies for specific and well–defined programs. Support of individual hospitals and other health care institutions is primarily to improve the services and facilities of those used most frequently by Abbott employees and their families.
- Disaster Relief:
- Diseases/Disabilities, AIDS/HIV Services & Research: "Step Forward...for the world's children" is a long–term, international program of Abbott Laboratories and the Abbott Laboratories Fund. Its purpose is to help improve the lives of AIDS orphans and vulnerable children around the world. Currently supporting programs in Romania, Tanzania, Burkina Faso and India, Step Forward assists children, families and communities affected by AIDS by improving local health care services, providing voluntary HIV counseling and testing, supporting primary and secondary education programs and providing for basic community needs. For more information about Step Forward please call (202) 530–0673 or visit stepforwardforchildren.org.
Step Forward is not accepting unsolicited grant proposals at this time
- Health:
- Health Organizations:
- Medical Research:
Sample Grants
$ 50,000 to
A Safe Place , Waukegan , IL
$ 15,000 to
AIDS Foundation of Chicago , Chicago , IL
$ 5,000 to
Abundant Life Lutheran School , Omaha , NE
$ 5,000 to
Achieve (CA) , Palo Alto , CA
$ 25,000 to
Adler Planetarium , Chicago , IL
$ 5,000 to
Alliance for Character in Education , Park Ridge , IL
$ 10,000 to
American Academy of Home Care Physicians , Edgewood , MD
$ 587 to
American Cancer Society, Overland Park , Overland Park , KS
$ 10,000 to
American Friends of Action Reconciliation Service for Peace , Pittsburgh , PA
$ 20,000 to
American Gastroenterological Association , Bethesda , MD
$ 50,000 to
American Society of Health-System Pharmacists Research & Education Foundation , Bethesda , MD
$ 65,000 to
Association of University Programs in Health Administration , Arlington , VA
$ 20,000 to
Baltimore Childrens Museum , Baltimore , MD
$ 5,100 to
Big Shoulders Fund , Chicago , IL
$ 15,000 to
Boys & Girls Club of Columbus, Salesian , Columbus , OH
$ 5,000 to
Bridge Counseling Center/Community Solutions , Morgan Hill , CA
$ 1,000 to
Broadwater Health Center/Townsend Health Systems , Townsend , MT
$ 30,000 to
Casa Grande Regional Medical Center , AZ
$ 10,000 to
Center for Enriched Living , Deerfield , IL
$ 25,000 to
Center of Science and Industry , Columbus , OH
$ 20,000 to
Charles H. Wright Museum of African-American History , Detroit , MI
$ 10,000 to
Children's Hunger Alliance , OH
$ 5,000 to
Childrens Diabetes Foundation at Denver , Denver , CO
$ 25,000 to
Childrens Hospital of Boston , Boston , MA
$ 5,000 to
City of Hope , Los Angeles , CA
$ 10,000 to
Columbus Literacy Council , Columbus , OH
$ 25,000 to
Columbus Metropolitan Library , Columbus , OH
$ 25,000 to
Duke University Medical Center , Durham , NC
$ 3,000 to
Eisenhower Junior High School , Salt Lake City , UT
$ 50,000 to
Franklin University Library , Columbus , OH
$ 16,000 to
Future Farmers of America Foundation , Indianapolis , IN
$ 10,000 to
Glen Oaks Community College , Centreville , MI
$ 25,000 to
Godman Guild Association , Columbus , OH
$ 11,000 to
Good Shepherd Hospital , Barrington , IL
$ 20,000 to
Grant-Riverside Methodist Hospitals , Columbus , OH
$ 5,000 to
Habitat for Humanity of Ashland County , Ashland , OH
$ 20,000 to
Hampton University , Hampton , VA
$ 1,083 to
Heart of America United Way , Kansas City , MO
$ 32,000 to
Howard University , Washington , DC
$ 1,000 to
Huntsman Cancer Institute , Salt Lake City , UT
$ 125,000 to
Incurably Ill for Animal Research , Lansing , MI
$ 15,000 to
International Rett Syndrome Association , Clinton , MD
$ 5,000 to
Ivinson Memorial Hospital Foundation , Laramie , WY
$ 10,000 to
Join Hands , Washington , DC
$ 15,000 to
KidsOhio.org , Columbus , OH
$ 20,000 to
Lake County Council Against Sexual Assault , IL
$ 26,000 to
Mayo Foundation , Rochester , MN
$ 25,000 to
Medical Education Foundation in Gynecology and Obstetrics , Crofton , MD
$ 12,000 to
Mid-Ohio Food Bank , Columbus , OH
$ 10,000 to
National Association of People with AIDS , Washington , DC
$ 25,000 to
National Hospice Foundation , Alexandria , VA
$ 10,000 to
National Minority AIDS Council Inc. , Washington , DC
$ 10,000 to
NorthPointe Resources , IL
$ 11,000 to
PADS (Public Action to Deliver Shelter) Crisis Services , IL
$ 220,000 to
Pharmaceutical Manufacturers Association Foundation , Washington , DC
$ 10,000 to
Residents for Effective Shelter Transitions , IL
$ 5,000 to
Rocky Mount Senior High School , Rocky Mount , NC
$ 1,526 to
Saint Labre Indian School , Ashland , MT
$ 10,000 to
Society for Women's Health Research , Washington , DC
$ 10,000 to
Society of Saint Andrew , Big Island , VA
$ 15,000 to
Transplant Recipients International Organization , Washington , DC
$ 32 to
United Way of Atchison Area , Atchison , KS
$ 131 to
United Way of Cass and Jackson County , Independence , MO
$ 388 to
United Way of Johnson County , Lenexa , KS
$ 27,320 to
United Way of the Great Salt Lake Area , Salt Lake City , UT
$ 516 to
United Way of the Plains , Wichita , KS
$ 850 to
University of Idaho Foundation , Moscow , ID
$ 1,000 to
Utah Federation for Youth , Salt Lake City , UT
$ 7,500 to
WTTW Chicago Public Television, Channel 11 , Chicago , IL
$ 6,000 to
Weber State University Foundation , Ogden , UT
$ 10,000 to
Women's Fund of Central Ohio , OH
$ 1,500 to
Wyoming Positives for Positives , Cheyenne , WY
Application Procedures::
How to Apply
The Fund generally gives preference to requests for one–time contributions and for programmatic and operating purposes.
The Fund's contributions program and policies are administered by its Board of Directors. The Board of Directors establishes annual budgets and allocates monies to The Fund's primary areas of interest. The Board of Directors and Fund officers, following policy guidelines, consider requests for support directed to The Fund and are responsible for recommending specific recipients of support. Grants are reviewed continuously throughout the year.
All Grant requests are accepted on–line and require the following information.
Description of your organization's mission
Confirmation of current 501 (c) (3) U.S. Internal Revenue Service
Geographic area served
Description of the project(s) / programs(s) for which support is requested
Amount of money requested
Budget information
List of corporations and foundations supporting the organization
Grants Paid
2002
($16,948,001 )
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2003
($22,000,000 )
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2004
($23,039,015 )
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2005
($26,217,474 )
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2006
($22,840,194 )
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= small size
= severe geographic limitation
= narrow focus
= accepts only pre-selected applications