THE AB FOUNDATION'S MISSION IS TO COMPARE AND CONTRAST PROGRESSIVE AND CONSERVATIVE SOLUTIONS TO AMERICA'S PUBLIC POLICY CONCERNS AND TO EDUCATE THE AMERICAN PEOPLE AND THE NATION'S LEADERS ON THE RESULTS OF THAT RESEARCH.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
+254.1% YoY
Annual Giving
$58.0M
+8628.6% YoY
Grant Count
10
+400.0% YoY
Avg Grant Size
$5.8M
+1645.7% YoY
About Ab Foundation
Based on IRS filings
Ab Foundation is a nonprofit organization focused on Public, Societal Benefit, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 10 grants totaling $58.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,987,769 | $843,650 | $2,407,973 |
| Revenue | $74,574,500 | $6,001,649 | $20,712,901 |
| Expenses | $70,499,037 | $8,571,260 | $15,970,417 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | $-876 | $-805 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ab Pac ($26,550,000), American Independent Media ($23,500,000), Choose Chicago Foundation ($4,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AB PAC WASHINGTON, DC | POLITICAL ACTIVITY | $26,550,000 |
| AMERICAN INDEPENDENT MEDIA WASHINGTON, DC | EDUCATION PROGRAM | $23,500,000 |
| CHOOSE CHICAGO FOUNDATION CHICACO, IL | EDUCATION PROGRAM | $4,000,000 |
| AMERICA VOTES ACTION FUND WASHINGTON, DC | POLITICAL ACTIVITY | $2,000,000 |
| CAMPAIGN FOR AMERICA'S KIDS AND FAMILIES TAUNTON, MA | EDUCATION PROGRAM | $500,000 |
| VOTERS PROJECT BAYONNE, NJ | GENERAL SUPPORT | $450,000 |
| PROJECT 218 BURKE, VA | POLITICAL ACTIVITY | $400,000 |
| CENTER FOR VOTER INFORMATION WASHINGTON, DC | GENERAL SUPPORT | $375,000 |
| CELEBRATE NEW JERSEY NOW INC NEWARK, NJ | GENERAL SUPPORT | $170,000 |
| BUIDLING THE FUTURE FOUNDATION EAST BRUNSWICK, NJ | GENERAL SUPPORT | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CECILE RICHARDS | CHAIR | 15 | $200,000 |
| CHRIS DERI | DIRECTOR - TREASURER | 1 | — |
| DAVID BENNAHUM | DIRECTOR | 1 | — |
| MICHAEL KEMPER | DIRECTOR | 1 | — |
| MARISSA MCBRIDE | DIRECTOR | 1 | — |
| BARBARA STIEFEL | DIRECTOR | 1 | — |
| NICK STEPHENSBEGAN MAY 2024 | DIRECTOR | 1 | — |
| PATRICK DENNIS | PRESIDENT | 20 | $126,306 |
| PILAR MARTINEZ | CHIEF FINANCIAL OFFICER | 15 | $178,786 |
| TIFFIANY VAUGHN | SR. DIR OF COMMS & NAT'L PRESS | 30 | $102,857 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ab Foundation?
Ab Foundation is a nonprofit organization focused on Public, Societal Benefit, based in WASHINGTON, DC. It holds $3.0M in total assets as of 2024.
How large is Ab Foundation?
As of 2024, Ab Foundation holds $3.0M in total assets with $74.6M in annual revenue. It awarded 10 grants totaling $58.0M in 2024.
Where does Ab Foundation operate?
Ab Foundation has awarded grants in Arizona, California, District of Columbia, Florida, Georgia, Illinois, Kansas, Massachusetts, New Jersey, New York, Pennsylvania, Tennessee, Virginia, Washington, Wyoming.
What size grants does Ab Foundation award?
In 2024, Ab Foundation awarded 10 grants totaling $58.0M — an average of about $5.8M per grant, based on its IRS Form 990 filings.
What is Ab Foundation's EIN?
Ab Foundation's EIN (Employer Identification Number) is 27-5278038. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ab Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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