Betsy & Brooke O'Leary Abelson

Foundation · Grantmaker Gloucester, MA EIN: 83-3565394

Betsy & Brooke O'Leary Abelson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Gloucester, MA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $144K.

Key facts about Betsy & Brooke O'Leary Abelson

In short: Betsy & Brooke O'Leary Abelson gave $144K across 1 grant in 2024 (avg $144K), mostly in New Hampshire. Source: 2024 IRS Form 990-PF.

EIN
83-3565394
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$144,338
Grants made (2024)
1
Average grant
$144,338
Median grant
$144,338
Primary geography
New Hampshire (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$144K

Grant Count

1

Avg Grant Size

$144K

Under IRS private-foundation payout rules, Betsy & Brooke O'Leary Abelson reported a distributable amount of $603 for 2024 — the minimum it must pay out in qualifying distributions.

How Betsy & Brooke O'Leary Abelson gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 1 itemized 2024 grant dollars.

Cities

GloucesterHolderness

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Betsy's Park: $144KBetsy's Park$144K

Grant Size Distribution

2 grants across all recorded years

1<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
BETSY'S PARK Holderness, NHGENERAL PURPOSE$144,338

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K20202021202220232024
Metric202420232022
Total Assets—$144,338$149,011
Revenue—$10,303$5,012
Expenses$144,338$14,976$7,263
Qualifying Distributions$144,338$14,976$6,605
Net Investment Income———
Distributable Amount$603$8,094$8,244

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Betsy & Brooke O'Leary Abelson is led by Stuart Abelson, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Stuart Abelson

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Betsy & Brooke O'Leary Abelson

How much does Betsy & Brooke O'Leary Abelson give each year?

Betsy & Brooke O'Leary Abelson gave $144K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.

What is Betsy & Brooke O'Leary Abelson?

Betsy & Brooke O'Leary Abelson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Gloucester, MA. It holds — in total assets as of 2024.

Where does Betsy & Brooke O'Leary Abelson operate?

Betsy & Brooke O'Leary Abelson has awarded grants in Massachusetts, New Hampshire.

How much is Betsy & Brooke O'Leary Abelson required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Betsy & Brooke O'Leary Abelson reported a distributable amount of $603 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Betsy & Brooke O'Leary Abelson's EIN?

Betsy & Brooke O'Leary Abelson's EIN (Employer Identification Number) is 83-3565394. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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