The AbbVie Foundation is a 501(c)(3) nonprofit organization and corporate foundation headquartered in North Chicago, Illinois. Established in 2012, the foundation works to drive transformative change in communities worldwide, with a focus on advancing health equity and enabling everyone to live their healthiest life.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$54.7M
+39.5% YoY
Grant Count
74
-6.3% YoY
Avg Grant Size
$739K
+49.0% YoY
Mission & Focus Areas
The AbbVie Foundation is committed to advancing health equity in communities through innovative, multi-year partnerships and employee impact programs around the world. The foundation believes that transformative change begins in communities and works to listen and learn from partners to develop innovative solutions addressing critical disparities.
Primary funding focus areas include:
- Health Equity: Removing systemic barriers and increasing access to care
- Education: Developing global science (STEM) education programs serving primary and secondary school children in communities
- Community Development: Supporting programs designed to promote strong communities and sustainable health care systems
- Employee Volunteerism: Year-round volunteer programs offering employees volunteer projects with trusted nonprofit partners
Grantmaking
Since 2013, the AbbVie Foundation has provided $283 million in grants to more than 265 organizations.
Grant Range
s:**
Average Grant
amount varies by program ($44,280 - $116,667)
Ready to take the next step with AbbVie Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grant-making focuses primarily on Illinois, California, and the District of Columbia, though the foundation works to drive transformative change in communities worldwide.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $217,738,010
- Total Revenue: $67,617,104
- Total Expenses: $113,504,995
- Total Giving: $54,700,762
- Giving Rate: 84.9%
As of 2023:
- Total Assets: $191,000,000
- Total Revenue: $41,120,237
- Total Expenses: $39,901,216
- Total Giving: $39,717,590
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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
250 grants across all recorded years
Open Grants
2 open opportunities from AbbVie Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Based on the most recent filings:
- Claudia Carravetta - President (16 hours/week)
- Emily Weith - Vice President/Secretary (1 hour/week)
- Wayne Klintworth - Treasurer (0.5 hours/week)
- Timothy Kolenda - Assistant Treasurer (1 hour/week)
- Richard A. Gonzalez - Director (1 hour/week)
- Tracie Haas - Director (4 hours/week)
- Johanna Corbin - Director (as of May 2023, 0.25 hours/week)
- Demetris Crum - Director (as of May 2023, 0.25 hours/week)
- Laura Schumacher - Director (through April 2023, 1 hour/week)
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The AbbVie Foundation has announced the **AbbVie Foundation Health Equity Accelerator**, a grant program now accepting applications. This initiative represents the foundation's continued commitment to supporting innovative solutions that advance health equity in communities.
The AbbVie Foundation Is Now Accepting Applications to Participate ...The foundation also administers scholarship programs, including awards to students living with chronic immune-mediated diseases, demonstrating its commitment to supporting individuals facing health challenges.
AbbVie Awards Scholarships to 45 U.S. Students Living With Chronic Immune-MediatedSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Fostering Success
WAYNE, IL
Assets
$38K
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with AbbVie Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities