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. 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.
Focus Areas
Ready to take the next step with James J and Sharon R Abel Foundatio?
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 | $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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
116 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| ST IGNATIUS HIGH SCHOOL CLEVELAND, OH | GENERAL FUND | $3,000 |
| ALZHEIMERS DISEASE RESEARCH WELLESLEY HILLS, MA | GENERAL FUND | $1,000 |
| NATIONAL FOUNDATION FOR CANCER RES BETHESDA, MD | GENERAL FUND | $500 |
| AMERICAN CANCER SOCIETY CLEVELAND, OH | GENERAL FUND | $1,000 |
| PURDUE FOUNDATION WEST LAFAYETTE, IN | GENERAL FUND | $28,000 |
| CARMEL OF THE HOLY FAMILY CLEVELAND HTS, OH | GENERAL FUND | $5,000 |
| DIOCESE OF PHOENIX CDA PHOENIX, AZ | GENERAL FUND | $4,500 |
| URSULINE SISTERS OF CLEVELAND PEPPER PIKE, OH | GENERAL FUND | $3,000 |
| GREATER CLEVELAND FOOD BANK CLEVELAND, OH | GENERAL FUND | $7,000 |
| ARTHRITIS FOUNDATION CLEVELAND, OH | GENERAL FUND | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES J ABEL | PRESIDENT/TR | — | — |
| SHARON R ABEL | VICE-PRESIDE | — | — |
| CATHERINE E ABEL | SECRETARY | — | — |
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.
Explore Open Grants
Browse active grant opportunities in James J and Sharon R Abel Foundatio's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Cooper Tire Foundation Inc
AKRON, OH
Assets
$71K
Grants
2
Total Given
$67K
Auburn Education Foundation
CONCORD TOWNSHIP, OH
Assets
$352K
Grants
2
Total Given
$214K
Galpin-white Ta
BROOKLYN, OH
Assets
$16K
Grants
1
Total Given
$887
The Cleveland Superior Arts
CLEVELAND, OH
Assets
$5K
Grants
1
Total Given
$251K
Mary E H Rutter Tr Para 28
BROOKLYN, OH
Assets
$401K
Grants
1
Total Given
$26K
Carrie Peska Memorial Scholarship Fund
ANDOVER, OH
Assets
$19K
Grants
1
Total Given
$4K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with James J and Sharon R Abel Foundatio 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
Go from researching James J and Sharon R Abel Foundatio to a real strategy.