ABBVIE FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
ABBVIE FOUNDATION (EIN 46-0827839)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-14
IRS object ID
202611349349105156
Schema version
2025v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-14T17:18:21+00:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1225 West Wacker Drive Suite 2600AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP606061224ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460827839EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AbbVie FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlABBVBusinessNameControlTxt
Phone8479356644PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 North Waukegan RoadAddressLine1Txt
CityNorth ChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60064ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKeya MillaPersonNm
Person TitlePresidentPersonTitleTxt
Signature2026-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDiane KirmaciPreparerPersonNm
PTINP01578407PTIN
Phone3128997000PhoneNum
Preparation2026-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$265,649,985FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$49,000,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,749,184InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,749,184InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$5,159,770DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,159,770DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$69,290,138NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$69,492,075GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$69,290,138CapGainNetIncmNetInvstIncmAmt
Gross Sales Less Ret And Allwnc$0GrossSalesLessRetAndAllwncAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Rev And Expnss$0GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss$0OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$0OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$125,199,092TotalRevAndExpnssAmt
Total Net Invst Incm$76,199,092TotalNetInvstIncmAmt
Total Adj Net Incm$0TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$6,555LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$6,555LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$40,016AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$20,008AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$0OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$708,711TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Adj Net Incm$0TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$0DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$0DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss$2,097,273OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,000OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$2,005,065OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,852,555TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$23,008TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,011,620TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$33,843,986ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$47,077,933ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$36,696,541TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$23,008TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$49,089,553TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$88,502,551ExcessRevenueOverExpensesAmt
Net Investment Income$76,176,084NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$0CashBOYAmt
Sav And Temp Cash Invst BOY$59,000,666SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$63,528,417SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$63,528,417SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$0AcctRcvblAmt
Acct Rcvbl BOY$406,130AcctRcvblBOYAmt
Acct Rcvbl EOY$0AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$0AcctRcvblEOYFMVAmt
Pledges Rcvbl BOY$0PledgesRcvblBOYAmt
Pledges Rcvbl EOY$0PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV$0PledgesRcvblEOYFMVAmt
Rcvbl From Officers BOY$0RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY$0RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV$0RcvblFromOfficersEOYFMVAmt
Other Nts And Loans Rcvbl$0OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct$0OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY$0OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$0OtherNtsAndLoansRcvblEOYFMVAmt
US Government Obligations BOY$0USGovernmentObligationsBOYAmt
US Government Obligations EOY$0USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$0USGovtObligationsEOYFMVAmt
Corporate Stock BOY$158,331,214CorporateStockBOYAmt
Corporate Stock EOY$202,121,568CorporateStockEOYAmt
Corporate Stock EOYFMV$202,121,568CorporateStockEOYFMVAmt
Corporate Bonds BOY$0CorporateBondsBOYAmt
Corporate Bonds EOYFMV$0CorporateBondsEOYFMVAmt
Invst Land Cost Or Other Basis$0InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$0InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$0LandBldgInvestmentsBOYAmt
Land Bldg Investments EOYFMV$0LandBldgInvestmentsEOYFMVAmt
Other Investments BOY$0OtherInvestmentsBOYAmt
Other Investments EOY$0OtherInvestmentsEOYAmt
Other Investments EOYFMV$0OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt
Land BOY$0LandBOYAmt
Land EOYFMV$0LandEOYFMVAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$217,738,010TotalAssetsBOYAmt
Total Assets EOY$265,649,985TotalAssetsEOYAmt
Total Assets EOYFMV$265,649,985TotalAssetsEOYFMVAmt
Accounts Payable BOY$1,500,000AccountsPayableBOYAmt
Accounts Payable EOY$0AccountsPayableEOYAmt
Grants Payable BOY$56,677,772GrantsPayableBOYAmt
Grants Payable EOY$43,443,824GrantsPayableEOYAmt
Loans From Officers BOY$0LoansFromOfficersBOYAmt
Loans From Officers EOY$0LoansFromOfficersEOYAmt
Mortgages And Notes Payable BOY$0MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY$0MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$2,194,953OtherLiabilitiesBOYAmt
Other Liabilities EOY$1,837,705OtherLiabilitiesEOYAmt
Total Liabilities BOY$60,372,725TotalLiabilitiesBOYAmt
Total Liabilities EOY$45,281,529TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$157,365,285NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$220,368,456NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$157,365,285TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$220,368,456TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$217,738,010TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$265,649,985TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$157,365,285TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$88,502,551ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$245,867,836SubtotalAmt
Other Decreases$25,499,380OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$220,368,456TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly Traded SecuritiesPropertyDesc
Gross Sales Price$69,492,075GrossSalesPriceAmt
Cost Or Other Basis$201,937CostOrOtherBasisAmt
Gain Or Loss$69,290,138GainOrLossAmt
Excess FMV Over Adjusted Bss$0ExcessFMVOverAdjustedBssAmt
Gains Minus Excess Or Losses$69,290,138GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$69,290,138CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,058,848InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$1,058,848SubtotalAmt
Tax Based On Investment Income$1,058,848TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,065,000EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$1,065,000TotalPaymentsAndCreditsAmt
Overpayment$6,152OverpaymentAmt
Applied To ES Tax$6,152AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.ABBVIEFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksKEYA MILLAIndividualWithBooksNm
Phone8479356644PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11 North Waukegan RdAddressLine1Txt
CityNorth ChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60064ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (true)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (true)MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmt
Claudia Carravetta
1 North Waukegan RoadNorth ChicagoIL60064President (through October 2025)8.00$0$0
Keya Milla
1 North Waukegan RoadNORTH CHICAGOIL60064President (As of October 2025)12.00$0$0
EMILY Weith
1 North Waukegan RoadNorth ChicagoIL60064Vice President/Secretary1.00$0$0
WAYNE KLINTWORTH
1 North Waukegan RoadNORTH CHICAGOIL60064TREASURER (through July 2025)0.25$0$0
Samantha Geist
1 North Waukegan RoadNorth ChicagoIL60064Treasurer (as of October 2025)0.25$0$0
TIMOTHY KOLENDA
1 North Waukegan RoadNORTH CHICAGOIL60064ASSISTANT TREASURER1.00$0$0
Johanna Corbin
1 North Waukegan RoadNORTH CHICAGOIL60064Director0.25$0$0
Demetris Crum
1 North Waukegan RoadNorth chicagoIL60064Director0.25$0$0
TRACIE HAAS
1 North Waukegan RoadNORTH CHICAGOIL60064DIRECTOR4.00$0$0
ROBERT A MICHAEL
1 North Waukegan RoadNORTH CHICAGOIL60064DIRECTOR1.00$0$0
FieldValueIRS element (for citing)
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
The Heart of America Foundation
1255 Union St NE Suite 700WashingtonDC20002Team Possibilities Volunteer Projects$618,025
Heart to Heart International Inc
11550 Renner BlvdLenexaKS66219Team Possibilities Volunteer Projects$338,077
Jersey Cares Inc
290 W Mount Pleasant Ave Ste 1320LivingstonNJ07039Team Possibilities Volunteer Projects$324,000
International Medical Corps
12400 Wilshire Blvd Ste 1500Los AngelesCA90025Team possibilities volunteer projects$115,500
Map International
4700 Glynco ParkwayBrunswickGA31525Team Possibilities Volunteer Projects$100,000
FieldValueIRS element (for citing)
Contractor Paid Over50k5ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1A YEAR-ROUND VOLUNTEER PROGRAM OFFERING EMPLOYEES VOLUNTEER PROJECTS WITH TRUSTED NONPROFIT PARTNERS FOCUSED ON ADVANCING HEALTH EQUITY.Description1Txt
Expenses1$1,948,815Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1NONEDescription1Txt
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$183,984,645AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$40,500,080AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$224,484,725TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$224,484,725AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,367,271CashDeemedCharitableAmt
Net Vl Noncharitable Assets$221,117,454NetVlNoncharitableAssetsAmt
Minimum Investment Return$11,055,873MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$11,055,873MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,058,848TaxBasedOnInvestmentIncomeAmt
Total Tax$1,058,848TotalTaxAmt
Distributable Before Adj$9,997,025DistributableBeforeAdjAmt
Distributable Before Ded$9,997,025DistributableBeforeDedAmt
Distributable As Adjusted$9,997,025DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$49,089,553ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$49,089,553QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$9,997,025DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12023PriorYear1Yr
Prior Year22022PriorYear2Yr
Prior Year32021PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$55,142,979ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$38,686,889ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$48,818,233ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$38,280,319ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$46,156,374ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$227,084,794TotalExcessDistributionCyovAmt
Qualifying Distributions$49,089,553QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$9,997,025AppliedToCurrentYearAmt
Remaining Distri From Corpus$39,092,528RemainingDistriFromCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$266,177,322TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$55,142,979ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$211,034,343ExcessDistriCyovToNextYrAmt
Excess From Year4$38,686,889ExcessFromYear4Amt
Excess From Year3$48,818,233ExcessFromYear3Amt
Excess From Year2$38,280,319ExcessFromYear2Amt
Excess From Year1$46,156,374ExcessFromYear1Amt
Excess From Current Year$39,092,528ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (65 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN ONLINE GIVING FOUNDATION INC
40 EAST MAIN STREET SUITE 887NEWARKDE197114639N/APCMatching grants 2025: AOGF$11,357,716
American Red Cross
2200 W Harrison StChicagoIL60612N/APCLos Angeles CA Wildfire Disaster Response$250,000
Asian Health Coalition
1006 S Michigan Avenue Suite 710ChicagoIL60605N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Banco de Alimentos de Puerto Rico Inc
PO BOx 3990CarolinaPR00982N/APCGENERAL MISSION SUPPORT$50,000
Baylor College of Medicine International Pediatric AIDs Initiative
1102 Bates FC-630HoustonTX77030N/ASO ISTRATEGIC PROGRAMMATIC GRANT$465,000
Bernie's Book Bank
917 North Shore DriveLake BluffIL60044N/APCGeneral Mission Support and Week of possibilities 2025$345,064
Best Buddies International
230 W Monroe Street Suite 1450ChicagoIL60654N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Boys & Girls Club of Lake County
730 S Martin Luther King Jr AveWaukeganIL600642262N/APCGeneral Mission Support$10,000
CASA Lake County Inc
700 Forest Edge DrVernon HillsIL600613172N/APCGeneral Mission Support$10,000
CHOC Foundation
1201 W LA VETA AVEORANGECA928684203N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Center on Halsted
3656 NORTH HALSTEDCHICAGOIL606135974N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Chicago House and Social Service Agency
2229 S Michigan Avenue Ste 304CHICAGOIL606147397N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Chicago Women's Health Center
1025 W SUNNYSIDE AVE STE 201CHICAGOIL606405684N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Chinese American Service League
2141 S TAN CTCHICAGOIL606161998N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
College Bound Opportunities
PO Box 392Highland ParkIL600153581N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Community Health
2611 W Chicago AveCHICAGOIL60622N/APCSTRATEGIC PROGRAMMATIC GRANT$500,000
Community Youth Center of San Francisco
980 CLEMENT STSAN FRANCISCOCA941182111N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Cooperative for Assistance and Relief Everywhere Inc
151 ELLIS STREET NEATLANTAGA303032420N/APCAdvancing health equity through community health workers and cash, food, and transportation$750,000
Cradles to Crayons Inc
2500 W Bradley PlaceChicagoIL60618N/APCGeneral Mission Support and Week of possibilities 2025$215,000
Cristo Rey St Martin College Prep
3106 Belvidere RoadWAUKEGANIL600856502N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Dare2tri Paratriathlon Club
516 N Ogden Ave 172ChicagoIL60642N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Direct Relief
6100 Wallace Becknell RoadSanta BarbaraCA931173214N/APCLos Angeles CA Wildfire Disaster Response$500,000
Dress for Success Greater Chicago
17 N STATE ST STE 1490CHICAGOIL606024354N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
E4E Relief
101 South Tryon St Suite 2900CharlotteNC28280N/APCAbbVie Employee Relief Fund$600,000
Erie Family Health Centers
1701 W Superior StreetChicagoIL60622N/APCGeneral Mission Support$50,000
Fondos Unidos de Puerto Rico Inc
PO BOX 191914SAN JUANPR009191914N/APCEmpowering Community: 2025 Week of Possibilities$67,200
Foundation For The Carolinas
220 North Tryon StCharlotteNC28202N/APCAbbVie Employee Relief Fund$300,000
Girls in the Game
1401 S SACRAMENTO DRCHICAGOIL606232219N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Global Girls
808 E 63rd StChicagoIL60617N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Habitat for Humanity of Racine & Kenosha Counties
1501 VILLA STRACINEWI534032725N/APCWEEK OF POSSIBILITIES 2025: 1342 50TH ST BUILD SITE$8,000
Health Leads
PO BOX 961630BOSTONMA021961630N/APCSTRATEGIC PROGRAMMATIC GRANT$3,000,000
Impacting Veterans Lives Inc -Midwest Veterans Closet
1720 Green Bay RdNorth ChicagoIL600643062N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Indiana University
PO Box 78000DetroitMI482780867N/APCSTRATEGIC PROGRAMMATIC GRANT$330,500
Innovation Development Institute Inc
222 W MERCHANDISE MART PLAZA SUITECHICAGOIL606540000N/APCSTRATEGIC PROGRAMMATIC GRANT$475,000
International Medical Corps
12400 WILSHIRE BLVD STE 1500LOS ANGELESCA900251030N/APCLos Angeles CA Wildfire Disaster Response$250,000
Iola Foundation
7190 W Sunset Blvd 504Los AngelesCA90046N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Jersey Cares Inc
290 W Mt Pleasant Avenue Suite 13LivingstonNJ07039N/APC2025 Week of Possibilities - Remote Kit Assembly$300,000
Lake County Crisis Center for the Prevention and Treatment of Domestic Viol
2710 17TH STREETZIONIL600991543N/APCGeneral Mission Support$10,000
Lake-McHenry Habitat for Humanity
1425 Tri State Parkway Suite 110GurneeIL600854207N/APCWeek of Possibilities 2025 Habitat Home$360,000
Mano a Mano Family Resource Center
6 E MAIN STROUND LAKE PKIL600733602N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Metropolitan Asian Family Services
505 N ROSELLE RDROSELLEIL601725008N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Miriam's Kitchen
2401 VIRGINIA AVE NWWASHINGTONDC200372637N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
North Chicago Community Partners
855 Skokie Highway Suite D-ELake BluffIL60044N/APCGeneral Mission Support$500,000
Northern Illinois Food Bank
273 DEARBORN CTGENEVAIL601340000N/APCGeneral Mission Support and Week of possibilities 2025$50,000
Operation Homefront Inc
17319 San Pedro Ave Ste 505San AntonioTX782321444N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Partners In Health
800 Boylston St Suite 300BostonMA02199N/APCSTRATEGIC PROGRAMMATIC GRANT$1,400,000
Points of Light Foundation
101 Marietta St Ste 3100ATLANTAGA303185799N/APCWeek of Possibilities 2025$2,591,700
Prairie State Legal Services Inc
303 N MAIN ST STE 600ROCKFORDIL611011050N/APCGeneral Mission Support$10,000
Project HOPE - The People-to-People Health Foundation Inc
1101 Connecticut Ave NW Suite 500WashingtonDC226460255N/APCWeek of Possibilities 2025$48,200
Scholarship America Inc
7900 International Drive Suite 500MinneapolisMN554252561N/APCScholarships Management Fees and Awards$2,082,269
Science & Entrepreneurship Exchange
2023 W Carroll Street Suite C-206ChicagoIL60612N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Science Club for Girls
210 BROADWAY STE 201CAMBRIDGEMA021391959N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Step Up Women's Network
510 S HEWITT ST UNIT 111LOS ANGELESCA900132268N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Teach For America
227 W Monroe St Suite 2100ChicagoIL60606N/APCGeneral Mission Support$50,000
The Beacon Place NFP
603 South McAlister AvenueWaukeganIL600856489N/APCGeneral Mission Support$100,000
The HBCU Project Foundation Inc
PO Box 224222DallasTX75222N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
The Heart of America Foundation
1255 Union St NE Suite 700WashingtonDC20002N/APCHeart of America WOP 2025$1,100,000
The University of Chicago Medicine
5841 S Maryland AveCHICAGOIL60637N/APCSupport for UChicago Medicine, its Comprehensive Cancer Center and new cancer pavilion$15,000,000
Total Link To Community
1200 SHERMER RD STE 109NORTHBROOKIL600624563N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Transform for Kids
855 Skokie Highway Suite DLake BluffIL60044N/APOFWeek of Possibilities: 2025 Execution and 2026 Planning$2,050,000
Transitional Living Services
805 S McHenry Ave Suite DCrystal LakeIL60014N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
Travis Manion Foundation
140 E State StDoylestownPA18901N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
United Way of Lake County
330 S GREENLEAF STGURNEEIL600313389N/APCGeneral Mission Support$10,000
Waymakers
440 EXCHANGE SUITE 250IRVINECA926021390N/APCEMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT$25,000
YourCause Holdings LLC
6505 W Park Boulevard Suite 306PlanoTX75093N/APCGENERAL MISSION SUPPORT$1,182,284
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$47,077,933TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1The University of Chicago MedicineBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line15841 S Maryland AveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60637ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusCd
Grant Or Contribution PurposeSupport for UChicago Medicine, its Comprehensive Cancer Center and new cancer pavilionGrantOrContributionPurposeTxt
Amt$45,000,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$45,000,000TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,749,184ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,159,770ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$69,290,138ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$76,199,092ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$76,199,092TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1ABBVIE INCBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11 N WAUKEGAN RDAddressLine1Txt
CityNORTH CHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60064ZIPCd
FieldValueIRS element (for citing)
Total Contributions$49,000,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$40,016Amt
Net Investment Income$20,008NetInvestmentIncomeAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TRANSFORM FOR KIDSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1855 SKOKIE HIGHWAY SUITE DAddressLine1Txt
CityLAKE BLUFFCityNm
State AbbreviationILStateAbbreviationCd
ZIP60044ZIPCd
FieldValueIRS element (for citing)
Grant2025-03-13GrantDt
Grant$2,050,000GrantAmt
Purpose Of GrantWeek of Possibilities: 2025 Execution and 2026 PlanningPurposeOfGrantTxt
Expended By Grantee$2,050,000ExpendedByGranteeAmt
Any Diversion By GranteeNOAnyDiversionByGranteeTxt
Dates Of Reports By Grantee6/17/2025, 12/15/2025DatesOfReportsByGranteeTxt
Verification2025-03-13VerificationDt
Results Of VerificationGRANT DATE 3/13/2025 INCLUDES PAYMENTS OF $730,000, $1,120,000, AND $200,000 ALL PAID IN 2025. THE FOUNDATION CONDUCTED A PRE-GRANT INQUIRY THAT GIVES THE FOUNDATION ASSURANCE THAT THE GRANT FUNDS WILL BE USED EXCLUSIVELY FOR PROGRAMS AND ACTIVITIES THAT FURTHER THE FOUNDATION'S CHARITABLE PURPOSES. THE FIRST REPORT FROM THE GRANTEE WAS RECEIVED ON 6/17/2025 AND THE FINAL REPORT WAS DUE ON 12/15/2025. THE FOUNDATION HAS REVIEWED GRANTEE REPORTS RECEIVED TO DATE AND HAVE NO REASON TO BELIEVE THAT ANY GRANT FUNDS WERE DIVERTED.ResultsOfVerificationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ABBOTT LABORATORIES$0$0
ABBVIE$202,121,568$202,121,568

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegal FeesCategoryTxt
Legal Fees$6,555LegalFeesAmt
Disbursements Charitable Prps$6,555DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUnrealized LossDesc
Amt$25,499,380Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES$3,000$3,000
OUTSIDE SERVICES$145,243$56,050
FILING FEES$15
TEAM POSSIBILITIES PROGRAM EXPENSES$1,949,015$1,949,015

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDEFERRED TAXESDesc
BOY Book Value$2,194,953BOYBookValueAmt
EOY Book Value$1,837,705EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryExcise TaxesCategoryTxt
Amt$708,711Amt

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