James J and Sharon R Abel Foundatio

Foundation · Grantmaker CLEVELAND HEIGHTS, OH EIN: 26-1248696

James J and Sharon R Abel Foundatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND HEIGHTS, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 24 grants totaling $95K. Net investment income was $77K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-1.2% YoY

Annual Giving

$95K

+7.0% YoY

Grant Count

24

+14.3% YoY

Avg Grant Size

$4K

-6.3% YoY

Under IRS private-foundation payout rules, James J and Sharon R Abel Foundatio reported a distributable amount of $74K for 2024 — the minimum it must pay out in qualifying distributions.

About James J and Sharon R Abel Foundatio

Based on IRS filings

James J and Sharon R Abel Foundatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND HEIGHTS, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 24 grants totaling $95K. Net investment income was $77K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

AlexandriaBaltimoreBethesdaCarmelCelvelandClevelandCleveland HeightsCleveland HtsDallasIndependenceIrondaleJacksonvilleMemphisMorristownNew YorkPepper PikePhoenixRockfordRye BrookScottsdale

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$54K$108K$162K$216K20202021202220232024
Metric202420232022
Total Assets$1,276,336$1,291,732$1,332,725
Revenue$94,803$61,590$69,539
Expenses$110,199$102,583$127,710
Qualifying Distributions$94,950$88,700$110,000
Net Investment Income$77,207$47,707$54,329
Distributable Amount$73,584$64,767$66,660

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$55K$83K$110K23 grants202027 grants202121 grants202221 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PURDUE FOUNDATION$28KCATHOLIC COMMUNITY FOUND…$8KGESU CHURCH$8KGREATER CLEVELAND FOOD B…$7KCARMEL OF THE HOLY FAMILY$5KDIOCESE OF CLEVELAND$5KDIOCESE OF PHOENIX CDA$5KST JUDE CHILDREN'S RESEA…$5KLEGATUS$4KST IGNATIUS HIGH SCHOOL$3K

Grant Size Distribution

116 grants across all recorded years

116<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Purdue Foundation ($28,000), Catholic Community Foundation ($8,400), Gesu Church ($8,000).

RecipientPurposeAmount
ST IGNATIUS HIGH SCHOOL CLEVELAND, OHGENERAL FUND$3,000
ALZHEIMERS DISEASE RESEARCH WELLESLEY HILLS, MAGENERAL FUND$1,000
NATIONAL FOUNDATION FOR CANCER RES BETHESDA, MDGENERAL FUND$500
AMERICAN CANCER SOCIETY CLEVELAND, OHGENERAL FUND$1,000
PURDUE FOUNDATION WEST LAFAYETTE, INGENERAL FUND$28,000
CARMEL OF THE HOLY FAMILY CLEVELAND HTS, OHGENERAL FUND$5,000
DIOCESE OF PHOENIX CDA PHOENIX, AZGENERAL FUND$4,500
URSULINE SISTERS OF CLEVELAND PEPPER PIKE, OHGENERAL FUND$3,000
GREATER CLEVELAND FOOD BANK CLEVELAND, OHGENERAL FUND$7,000
ARTHRITIS FOUNDATION CLEVELAND, OHGENERAL FUND$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES J ABELPRESIDENT/TR
SHARON R ABELVICE-PRESIDE
CATHERINE E ABELSECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is James J and Sharon R Abel Foundatio?

James J and Sharon R Abel Foundatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND HEIGHTS, OH. It holds $1.3M in total assets as of 2024.

How large is James J and Sharon R Abel Foundatio?

As of 2024, James J and Sharon R Abel Foundatio holds $1.3M in total assets with $95K in annual revenue. It awarded 24 grants totaling $95K in 2024.

Where does James J and Sharon R Abel Foundatio operate?

James J and Sharon R Abel Foundatio has awarded grants in Alabama, Arizona, Florida, Indiana, Massachusetts, Maryland, Michigan, New Jersey, New York, Ohio, Tennessee, Texas, Virginia.

What size grants does James J and Sharon R Abel Foundatio award?

In 2024, James J and Sharon R Abel Foundatio awarded 24 grants totaling $95K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is James J and Sharon R Abel Foundatio required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, James J and Sharon R Abel Foundatio reported a distributable amount of $74K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is James J and Sharon R Abel Foundatio's EIN?

James J and Sharon R Abel Foundatio's EIN (Employer Identification Number) is 26-1248696. IRS Form 990 filing data is available on this page for 2020–2024.

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

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