Abel Foundation
The Abel Foundation is a private foundation based in Lincoln, Nebraska, established in 1953. It operates as a 501(c)(3) organization with the primary purpose of providing financial support to non-profit organizations located in communities where NEBCO and its affiliated companies have operations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.0M
-2.1% YoY
Annual Giving
$3.9M
+120.1% YoY
Grant Count
95
+46.2% YoY
Avg Grant Size
$41K
+50.6% YoY
Mission & Focus Areas
Mission: To provide financial support for non-profit organizations located in communities where NEBCO and its affiliated companies have operations.
Funding Priorities:
- Education
- Human Services
- Community Enhancement
- Arts and Culture
- Environmental Conservation
- Philanthropy, Voluntarism & Grantmaking
The foundation emphasizes projects with direct community impact, particularly those involving physical improvements and educational initiatives.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Nebraska (with particular emphasis on Lincoln and Lancaster County)
- New York
- Tennessee
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $13,985,054
- Total Giving: $3,886,035
- Total Revenues: $3,760,643
- Total Expenses: $4,064,317
- Investment Income and Dividends: $760,643
Staffing:
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,985,054 | $14,288,728 | $11,536,171 |
| Revenue | $3,760,643 | $4,633,536 | $1,890,024 |
| Expenses | $4,064,317 | $1,880,979 | $1,394,684 |
| Qualifying Distributions | $3,886,035 | $1,765,698 | $1,373,710 |
| Net Investment Income | $1,966,264 | $1,293,416 | $1,014,074 |
| Distributable Amount | $905,056 | $677,466 | $763,533 |
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
1 open opportunity from Abel Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES P ABEL | PRESIDENT | 1 | — |
| KAYLA ABEL | DIRECTOR | 1 | — |
| JOHN C ABEL | DIRECTOR | 1 | — |
| MAX RODENBURG | VP/SEC | 10 | $160,000 |
| PHILIP C ABEL | DIRECTOR | 1 | — |
| MARY ABEL | DIRECTOR | 1 | — |
| BRYAN D MURRAY | TREASURER | 1 | — |
| JACK P ABEL | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation made 63 grants in 2024, demonstrating active grantmaking focused on capital campaigns and program support in its priority areas. Recent major grants have supported community infrastructure projects and educational institutions in Nebraska.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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