Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Abbott Fund
 
Number and street (or P.O. box number if mail is not delivered to street address)100 Abbott Park Rd D379/AP6D
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Abbott Park, IL60064
A Employer identification number

36-6069793
B Telephone number (see instructions)

(224) 668-2803
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$448,891,231
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 58,315
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,011,314 1,011,314  
4 Dividends and interest from securities... 13,001,434 13,001,434  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 0
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... 0 0 0
12 Total. Add lines 1 through 11........ 14,071,063 14,012,748 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 3,045 0 0 0
b Accounting fees (attach schedule)....... 53,345 0 0 0
c Other professional fees (attach schedule).... 83,965 0 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 194,000 0 0 0
19 Depreciation (attach schedule) and depletion... 24,663 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 6,453,891 2,115 0 6,569,948
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,812,909 2,115 0 6,569,948
25 Contributions, gifts, grants paid....... 27,519,182 19,894,205
26 Total expenses and disbursements. Add lines 24 and 25 34,332,091 2,115 0 26,464,153
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -20,261,028
b Net investment income (if negative, enter -0-) 14,010,633
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,116,733 1,388,344 1,388,344
2 Savings and temporary cash investments......... 27,108,660 14,280,301 14,280,301
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 193,011 234,130 234,130
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 1,308,411 Click to see attachment
List of Attached Documents:
// Content
1,308,411
432,902,025
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 0 0
14 Land, buildings, and equipment: basis right arrow289,133
Less: accumulated depreciation (attach schedule) right arrow205,696 49,785 Click to see attachment
List of Attached Documents:
// Content
83,437
83,437
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
6,163
Click to see attachment
List of Attached Documents:
// Content
2,994
Click to see attachment
List of Attached Documents:
// Content
2,994
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 29,782,763 17,297,617 448,891,231
Liabilities 17 Accounts payable and accrued expenses.......... 109,360 404,660
18 Grants payable................. 2,961,721 10,586,698
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
6,143,546
Click to see attachment
List of Attached Documents:
// Content
5,999,151
23 Total liabilities (add lines 17 through 22)......... 9,214,627 16,990,509
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 20,568,136 307,108
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 20,568,136 307,108
30 Total liabilities and net assets/fund balances (see instructions). 29,782,763 17,297,617
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
20,568,136
2
Enter amount from Part I, line 27a .....................
2
-20,261,028
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
307,108
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
307,108
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 0
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3 0
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 194,748
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 194,748
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 194,748
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 194,954
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 194,954
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 206
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow206 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.ABBOTTFUND.ORG
14
The books are in care ofright arrowCynthia Guerrero Telephone no.right arrow (224) 667-5044

Located atright arrow100 ABBOTT PARK RD D 312 B AP6D2ABBOTT PARKIL ZIP+4right arrow60064
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowTZ
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Hubert L Allen Director
1.000
0 0 0
100 Abbott Park Rd
D379/AP6D
ABBOTT PARK,IL60064
Kathryn McKenzie Vice President
1.000
0 0 0
100 ABBOTT PARK RD
D379/AP6D
Abbott Park,IL60064
Jessica Paik Secretary
1.000
0 0 0
100 Abbott Park Rd
D379/AP6D
Abbott Park,IL60064
Cynthia Guerrero Treasurer
1.000
0 0 0
100 Abbott Park Rd
D379/AP6D
Abbott Park,IL60064
Betty Sobkowicz Assistant Treasurer
1.000
0 0 0
100 Abbott Park Rd
D379/AP6D
Abbott Park,IL60064
Robert B Ford Director
1.000
0 0 0
100 Abbott Park Rd
D379/AP6D
Abbott Park,IL60064
Melissa D Brotz President and Director
1.000
0 0 0
100 Abbott Park Rd
D379/AP6D
Abbott Park,IL60064
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Public Health Institute Wellness & Nutrition program partner 450,000
555 12th Street
10th Floor
Oakland,CA94607
Catalysis LLC Educational program partner 327,662
2520 SW Hamilton Court
Portland,OR97239
UNITE USA INC Software & Professional Services 112,500
217 Broadway
Floor 8
New York,NY10007
Discovery Education Inc Curriculum program partner 103,300
4350 Congress Street Suite 700
Charlotte,NC28209
Research Triangle Institute Program Consultant 102,621
3040 East Cornwallis Road
Research Triangle Park,NC27709
Total number of others receiving over $50,000 for professional services.............right arrow2
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 Charitable activities in Tanzania include expenditures for improving government owned hospitals, providing assistance to improve livelihoods, and Mapatano Secondary School renovations. 5,394,357
2 Future Well Communities Program charitable activities include expenditures for addressing the health disparities by removing the barriers that prevent people living with diabetes from living healthy in Stockton, California. 665,121
3 Future Well Kids Program charitable activities include expenditures for addressing non-communicable diseases in United States of America, Columbia, India, Ireland, Mexico, and United Kingdom. 510,470
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
412,033,306
b
Average of monthly cash balances.......................
1b
23,713,885
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
435,747,191
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
435,747,191
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
6,536,208
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
429,210,983
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
21,460,549
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
21,460,549
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
194,748
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
194,748
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
21,265,801
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
21,265,801
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
21,265,801
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
26,464,153
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
26,464,153
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2022
(c)
2022
(d)
2023
1 Distributable amount for 2023 from Part X, line 7 21,265,801
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:2021, 2020, 2019 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 851,905
b From 2019...... 2,877,340
c From 2020...... 12,032,595
d From 2021...... 0
e From 2022...... 3,725,623
f Total of lines 3a through e ........ 19,487,463
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 26,464,153
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2023 distributable amount..... 21,265,801
e Remaining amount distributed out of corpus 5,198,352
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 24,685,815
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ...
851,905
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
23,833,910
10 Analysis of line 9:
a Excess from 2019.... 2,877,340
b Excess from 2020.... 12,032,595
c Excess from 2021.... 0
d Excess from 2022.... 3,725,623
e Excess from 2023.... 5,198,352
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

ADELANTE CENTER FOR ENTREPRENEURSHIP

420 W CLAYTON ST
WAUKEGAN,IL600854216
None PC Adelante Center Waukegan Summer STEM Camp 2024 35,000

AMERICAN ONLINE GIVING FOUNDATION INC

2454 North McMullen Booth Road Suit
e 431
Clearwater,FL33759
None PC Employee Giving Campaign 9,575,705

AMERICARES FOUNDATION INC

88 Hamilton Avenue
Stamford,CT069023111
None PC Americares Worldwide Disaster Fund 150,000

ARIZONA BOARD OF REGENTS UNIVERSITY OF ARIZONA

Sponsored Projects Services PO Box
Rm 538
Tucson,AZ857210158
None GOV Water Education in Pinal County - Project WET 100,000

ASIAN PACIFIC SELF-DEVELOPMENT AND RESIDENCIAL ASSOCIATION

3830 ALVARADO AVE STE C
STOCKTON,CA952042350
None PC Community Health Workers 150,000

BOYS & GIRLS CLUBS OF CHICAGO INC

2101 West Monroe
Chicago,IL60612
None PC AF Matching Grant 18,000

BOYS AND GIRLS CLUB OF LAKE COUNTY

1801 Sheridan Rd Suite 202
Waukegan,IL60064
None PC Code to Science 50,000

CATHOLIC COUNCIL FOR THE SPANISH SPEAKING OF THE DIOCESE OF STOCKTON

445 N SAN JOAQUIN ST
STOCKTON,CA952022026
None PC Non-Emergency Medical Transportation Services (MTS) 571,000

CATHOLIC UNIVERSITY OF AMERICA

620 MICHIGAN AVE NE
WASHINGTON,DC200640001
None PC AF Matching Grant 9,000

CENTER ON HALSTED

3656 NORTH HALSTED
CHICAGO,IL606135974
None PC AF Matching Grant 2,500

CHICAGO BOTANIC GARDEN

1000 Lake Cook Road
Glencoe,IL60022
None PC Windy City Harvest - 2024 VeggieRx Program 15,000

CHICAGO BOTANIC GARDEN

1000 Lake Cook Road
Glencoe,IL60022
None PC AF Matching Grant 15,000

CHICAGO SYMPHONY ORCHESTRA

220 S MICHIGAN AVE
Chicago,IL606042596
None PC School Concerts 25,000

CHICAGO THEATRE GROUP INC

170 North Dearborn
Chicago,IL60601
None PC 2023/2024 Season and Education Support 40,000

CHICAGO YOUTH CENTERS

104 S Michigan Avenue 14th Floor
Chicago,IL606035902
None PC Chicago Youth Centers STEM Program 25,000

CLEARWATER CENTRAL CATHOLIC HIGH SCHOOL INC

2750 HAINES BAYSHORE RD
CLEARWATER,FL337601435
None PC AF Matching Grant 4,000

COMMUNITY MEDICAL CENTERS INC

7210 Murray Drive
Stockton,CA95210
None PC Future Well Communities Healthy Food Rx 100,000

CONVENT OF SACRED HEART

6250 N Sheridan Road
Chicago,IL60660
None PC AF Matching Grant 5,000

COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC

151 Ellis Street NE
Atlanta,GA30303
None PC Morocco Earthquake Relief 150,000

COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC

151 Ellis Street NE
Atlanta,GA30303
None PC Turkey Earthquake Relief 200,000

CULVER EDUCATIONAL FOUNDATION

1300 ACADEMY ROAD
CULVER,IN465111291
None PC AF Matching Grant 25,000

DIRECT RELIEF

6100 Wallace Becknell Rd
Santa Barbara,CA93117
None PC Earthquake Response in Turkey 150,000

DON BOSCO IGOGWE CHILDRENS HOME

POBox 300
Tukuyu    
TZ
None NC Nutritional and Medical Support to Orphans 20,000

EASTERSEALS NATIONAL HEADQUARTERS

141 West Jackson Blvd Suite 1400A
Chicago,IL60604
None PC Project on Education and Community Health Equity (PEACHE) 300,000

EMERGENCY MEDICINE ASSOCIATION OF TANZANIA

PO Box 22484
Dar Es Salaam    
TZ
None NC Developing Sustainability in Emergency Medicine and Nursing Academic Programs at the Emergency Medicine Department in Tanzania 300,000

EMORY UNIVERSITY

PO Box 935084
Atlanta,GA31193
None PC Emory-Muhimbili Partnership for Health Administration Strengthening and Integration of Services (EMPHASIS) Continuation 400,000

ERIE FAMILY HEALTH CENTER

1701 West Superior Avenue
Chicago,IL60622
None PC Comprehensive Support for Non-Communicable Diseases Outside the Exam Room and Supports for Social Drivers of Health through a Comprehensive Ecosystem of Care 500,000

EVANSTON COMMUNITY FOUNDATION INC

1560 SHERMAN AVE SUITE 535
EVANSTON,IL602014803
None PC AF Matching Grant 10,000

FEEDING AMERICA

1601 Paysphere Circle
CHICAGO,IL60674
None PC FY24 Disaster Resiliency - Feeding America 250,000

FEEDING AMERICA

1601 Paysphere Circle
CHICAGO,IL60674
None PC AF Matching Grant 25,000

FEEDING AMERICA

161 N Clark Suite 700
Chicago,IL60601
None PC Connecting Partner Food Banks to Healthcare Systems Partnerships 200,000

FRANKLIN COUNTY HISTORICAL SOCIETY

333 West Broad Street
Columbus,OH432152738
None PC The Color of Science and The PLATFORM 50,000

INTERNATIONAL MEDICAL CORPS

12400 Wilshire Blvd Suite 1500
Los Angeles,CA90025
None PC Emergency Response Support for the Turkey Earthquake 2023 150,000

METROPOLITAN OPERA ASSOCIATION INC

30 LINCOLN CENTER
NEW YORK,NY100236922
None PC AF Matching Grant 5,000

MKINGA DISTRICT COUNCIL

POBOX 6005
Tanga    
TZ
None NC HUMAN RESOURCE SUPPORT FOR VILLAGE EMERGENCY CARE PROVISION AT BANTU DISPENSARY 25,000

MUSEUM OF SCIENCE AND INDUSTRY

57th Street Lake Shore Drive
Chicago,IL60637
None PC AF Matching Grant 1,000

NCH HEALTHCARE SYSTEM

350 Seventh Street N
Naples,FL34102
None PC AF Matching Grant 17,500

NORTHERN ILLINOIS FOOD BANK

273 Dearborn Court
Geneva,IL60134
None PC Build Healthy Communities Program 60,000

NORTHWESTERN MEMORIAL FOUNDATION

676 N SAINT CLAIR ST STE 2050
CHICAGO,IL606112971
None PC AF Matching Grant 45,000

NORTHWESTERN UNIVERSITY

1201 Davis Street
EVANSTON,IL60208
None PC AF Matching Grant 5,000

PROSTATE CANCER FOUNDATION

1250 Fourth Street Suite 360
Santa Monica,CA90401
None PC AF Matching Grant 2,500

RAILWAY CHILDREN AFRICA

PO Box 105763
Dar es Salaam    
TZ
None NC Young Professionals Exit Programme- Y2 30,000

RUSH UNIVERSITY MEDICAL CENTER

1700 W Van Buren Street Suite 250
Chicago,IL60612
None PC Alive Faith Network 200,000

SESAME WORKSHOP

1 LINCOLN PLZ
NEW YORK,NY100237129
None PC Advancing Holistic Wellbeing and Combatting NCDs among Children and Families 775,000

SUMMIT ACADEMY OIC

935 OLSON MEMORIAL HWY
MINNEAPOLIS,MN554051359
None PC Summit Academy OIC STEM Education and Career Pathways 80,000

TENNESSEE WILLIAMS THEATRE

5901 College Road
Key West,FL33040
None PC AF Matching Grant 25,000

THE EMERGENCY FOOD BANK

7 West Scotts Avenue
Stockton,CA95203
None PC Healthy Food RX 377,000

THE GLOBAL FOODBANKING NETWORK

70 E Lake Street Suite 1200
Chicago,IL60601
None PC The Global FoodBanking Network: Addressing Child Hunger in Mexico and Colombia 140,000

THE GLOBAL FUND

Chem du Pommier 40
Geneva    
SZ
None NC The Laboratory Systems Integration Fund (LSIF)-Catalytic Fund 1,667,000

THE JOFFREY BALLET

10 E Randolph St
Chicago,IL60601
None PC The Joffrey Ballet 2023-2024 Season Sponsorship 250,000

THE JOFFREY BALLET

10 E Randolph St
Chicago,IL60601
None PC Endowed Fund to Support the Abbott Academy Director, Joffrey Academy of Dance 600,000

THE UNIVERSITY OF CHICAGO

5801 South Ellis Avenue
Chicago,IL60637
None PC AF Matching Grant 2,000

TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK

33 West 60th Street 7th Floor
NEW YORK,NY10023
None PC AF Matching Grant 25,000

TRUSTEES OF PRINCETON UNIVERSITY

PO Box 5357
PRINCETON,NJ085435357
None PC AF Matching Grant 15,000

UNIVERSITY OF MIAMI

1320 S DIXIE HWY STE 100
CORAL GABLES,FL331462968
None PC AF Matching Grant 15,000

UNIVERSITY OF MINNESOTA FOUNDATION

600 15th Ave SE Suite 210
MINNEAPOLIS,MN55455
None PC 2023 Outstanding Researcher Award 10,000

UNIVERSITY OF MINNESOTA FOUNDATION

600 15th Ave SE Suite 210
MINNEAPOLIS,MN55455
None PC Advancing Health Equity 450,000

UNIVERSITY OF THE PACIFIC

3601 PACIFIC AVE
STOCKTON,CA952110110
None PC Diabetes Educational Pathways and Direct Services in Stockton 1,400,000

UROLOGICAL RESEARCH FOUNDATION

835 Maryville Center Drive Suite 3
Town Country,MO63017
None PC AF Matching Grant 2,000

WESTIE FOUNDATION OF AMERICA INC

428 HEDGECROFT DR
EL LAGO,TX775865830
None PC AF Matching Grant 25,000

WINGS PROGRAM INC

PO Box 95615
Palatine,IL60095
None PC AF Matching Grant 25,000
Total .................................right arrow 3a 19,894,205
bApproved for future payment

American Online Giving Foundation
2454 N McMullen Booth Road Ste 431
Clearwater,FL34695
None PC Employee Giving Campaign - December 1,562,471

Aspen Institute
2300 N ST NW STE 700
Washington,DC20037
None PC Matching Grant 5,000

Boys and Girls Club of America
937 N Shadeland Ave
Indianapolis,IN46219
None PC Matching Grant 5,227

Clearwater Central Catholic High School
2750 Haines Bayshore Rd
Clearwater,FL33760
None PC Matching Grant 5,000

Direct Relief
6100 Wallace Becknell Road
Santa Barbara,CA93117
None PC Disaster/Humanitarian Aid Grant 250,000

Greater Chicago Food Depository
4100 W Ann Lurie Pl
Chicago,IL60632
None PC Matching Grant 10,000

Joffrey Ballet
10 E Randolph St
Chicago,IL60601
None PC Endowed Fund to Support the Abbott Academy Director, Joffrey Academy of Dance 600,000

Mountain Trails Foundation Inc
PO Box 754
Park City,UT84060
None PC Community Health Center Resiliency Grant Program 25,000

Muhimbili National Hospital
Kalenga Street/Malik Road
Plot 1048
Dar Es Salaam,Upanga65000
TZ
None NC Emory-Muhimbili Partnership for Health Administration Strengthening 25,000

New Hytes Inc
61 Gould Lane
Branford,CT06405
None PC Matching Grant 18,000

Sesame Workshop
1900 Broadway
New York,NY10023
None PC Advancing holistic wellbeing and combatting NCDs amount children and families 4,700,000

The Global Fund
Chem du Pommier 40
Geneva   GE1218
SZ
None PC The Laboratory Systems Integration Fund (LSIF)-Catalytic Fund 3,333,000

The HistoryMakers
1900 South Michigan Avenue
Chicago,IL60616
None PC The HistoryMakers ScienceMakers Program 25,000

Waukegan Public Library Foundation
128 N County Street
Waukegan,IL60085
None PC Waukegan Public Library Telehealth Kiosk 23,000
Total ................................. right arrow 3b 10,586,698
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 1,011,314  
4 Dividends and interest from securities ....     14 13,001,434  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 14,012,748 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
14,012,748
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow
PTIN
Firm's name SmallBullet
Firm's EIN SmallBullet
Firm's address SmallBullet


Phone no.
Form 990-PF (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.0


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
Abbott Fund
 
Employer identification number

36-6069793
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
Abbott Fund
 
Employer identification number
36-6069793
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
Abbott Laboratories
 
100 abbott park rd
 
abbott park, IL60064

$ 58,315


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
Abbott Fund
 
Employer identification number

36-6069793
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
Office Furniture $ 58,315 2023-01-31
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
Abbott Fund
 
Employer identification number

36-6069793
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.0

TY 2023 AccountingFeesSchedule
Name:
Abbott Fund
EIN:
36-6069793
Software ID:
23017437
Software Version:
2023v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TANZANIA AUDIT FEES 16,196      
US AUDIT FEES 37,149      

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TY 2023 DepreciationSchedule
Name:
Abbott Fund
EIN:
36-6069793
Software ID:
23017437
Software Version:
2023v5.0
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)
Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Fixed Assets           24,663      

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TY 2023 ExpenditureResponsibilityStmt
Name:
Abbott Fund
EIN:
36-6069793
Software ID:
23017437
Software Version:
2023v5.0
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
Mkinga District Council
 
PO Box 6005
Tanga    
TZ
2022-08-19 25,000 Human Resource support for village emergency care provision at Bantu dispensary 25,000 NONE 2/15/2023, 08/31/23   To the knowledge of the Fund, the grantee did not divert any portion of the grant funds from the purpose of the grant. Further, the Fund had no reason to doubt the accuracy or reliability of the grantee's reports and therefore conducted no independent verification of the grantee's reports.
Mkinga District Council
 
PO Box 6005
Tanga    
TZ
2023-11-29 25,000 Human Resource support for village emergency care provision at Bantu dispensary 2,391 NONE 2/9/2024   To the knowledge of the Fund, the grantee did not divert any portion of the grant funds from the purpose of the grant. Further, the Fund had no reason to doubt the accuracy or reliability of the grantee's reports and therefore conducted no independent verification of the grantee's reports.
Railway Children Africa
 
PO Box 105763
Dar es Salaam    
TZ
2022-08-15 40,000 Young Professionals Exit Programme 40,000 NONE 2/7/2023, 3/13/2023   To the knowledge of the Fund, the grantee did not divert any portion of the grant funds from the purpose of the grant. Further, the Fund had no reason to doubt the accuracy or reliability of the grantee's reports and therefore conducted no independent verification of the grantee's reports.
Railway Children Africa
 
PO Box 105763
Dar es Salaam    
TZ
2023-04-01 30,000 Young Professionals Exit Programme 22,818 NONE 1/11/2024   To the knowledge of the Fund, the grantee did not divert any portion of the grant funds from the purpose of the grant. Further, the Fund had no reason to doubt the accuracy or reliability of the grantee's reports and therefore conducted no independent verification of the grantee's reports.
Muhimbili National Hospital
 
PO Box 65000
Dar es Salaam    
TZ
2021-11-15 70,000 Integrated Care & Coping, Legal Aid, Human Rights, & Income Generation Project in Morogoro 54,383 NONE 2/15/2023, 1/10/2024   To the knowledge of the Fund, the grantee did not divert any portion of the grant funds from the purpose of the grant. Further, the Fund had no reason to doubt the accuracy or reliability of the grantee's reports and therefore conducted no independent verification of the grantee's reports.
The Emergency Medicine Association of Tanzania (EMAT)
 
PO Box 22484
Dar es Salaam    
TZ
2020-03-17 300,000 Developing Sustainability in Emergency Medicine and Nursing Academic Programs at the Emergency Medicine Department, Muhimbili National Hospital 300,000 NONE 2/8/2021, 2/8/2022, 2/28/2023, 2/7/2024   To the knowledge of the Fund, the grantee did not divert any portion of the grant funds from the purpose of the grant. Further, the Fund had no reason to doubt the accuracy or reliability of the grantee's reports and therefore conducted no independent verification of the grantee's reports.
The Emergency Medicine Association of Tanzania (EMAT)
 
PO Box 22484
Dar es Salaam    
TZ
2021-11-01 300,000 Developing Sustainability in Emergency Medicine and Nursing Academic Programs at the Emergency Medicine Department, Muhimbili National Hospital 265,085 NONE 2/8/2022, 2/28/2023, 2/7/2024   To the knowledge of the Fund, the grantee did not divert any portion of the grant funds from the purpose of the grant. Further, the Fund had no reason to doubt the accuracy or reliability of the grantee's reports and therefore conducted no independent verification of the grantee's reports.
The Emergency Medicine Association of Tanzania (EMAT)
 
PO Box 22484
Dar es Salaam    
TZ
2022-09-06 270,000 Developing Sustainability in Emergency Medicine and Nursing Academic Programs at the Emergency Medicine Department, Muhimbili National Hospital 221,013 NONE 2/28/2023, 2/7/2024   To the knowledge of the Fund, the grantee did not divert any portion of the grant funds from the purpose of the grant. Further, the Fund had no reason to doubt the accuracy or reliability of the grantee's reports and therefore conducted no independent verification of the grantee's reports.
The Emergency Medicine Association of Tanzania (EMAT)
 
PO Box 22484
Dar es Salaam    
TZ
2023-11-30 300,000 Developing Sustainability in Emergency Medicine and Nursing Academic Programs at the Emergency Medicine Department, Muhimbili National Hospital 82,420 NONE 2/7/2024   To the knowledge of the Fund, the grantee did not divert any portion of the grant funds from the purpose of the grant. Further, the Fund had no reason to doubt the accuracy or reliability of the grantee's reports and therefore conducted no independent verification of the grantee's reports.
Igogwe Hospital
 
PO Box 300
Tukuyu    
TZ
2023-05-09 20,000 Care and support to orphans at Don Bosco Igogwe Children's Home 20,000 NONE 2/8/2024   To the knowledge of the Fund, the grantee did not divert any portion of the grant funds from the purpose of the grant. Further, the Fund had no reason to doubt the accuracy or reliability of the grantee's reports and therefore conducted no independent verification of the grantee's reports.
Illinois Executive Mansion Association
 
410 East Jackson Street
Springfield,IL62701
2021-06-03 1,000,000 Renovation of the Illinois executive mansion 1,000,000 NONE 04/11/18, 03/19/19, 02/21/20, 01/19/21, 02/23/22   To the knowledge of the Fund, the grantee did not divert any portion of the grant funds from the purpose of the grant. Further, the Fund had no reason to doubt the accuracy or reliability of the grantee's reports and therefore conducted no independent verification of the grantee's reports.

TY 2023 InvestmentsCorpStockSchedule
Name:
Abbott Fund
EIN:
36-6069793
Software ID:
23017437
Software Version:
2023v5.0
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 627,712 179,782,394
ABBVIE 680,699 253,119,631

TY 2023 LandEtcSchedule2
Name:
Abbott Fund
EIN:
36-6069793
Software ID:
23017437
Software Version:
2023v5.0
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
EQUIPMENT 89,533 42,881 46,652 46,652
Other 199,600 162,815 36,785 36,785


TY 2023 LegalFeesSchedule
Name:
Abbott Fund
EIN:
36-6069793
Software ID:
23017437
Software Version:
2023v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OUTSIDE COUNSEL- LEGAL FEES 3,045      


TY 2023 OtherAssetsSchedule
Name:
Abbott Fund
EIN:
36-6069793
Software ID:
23017437
Software Version:
2023v5.0
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
EMPLOYEE/CONTRACTOR RECEIVABLE 6,163 2,994 2,994


TY 2023 OtherExpensesSchedule
Name:
Abbott Fund
EIN:
36-6069793
Software ID:
23017437
Software Version:
2023v5.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGES 2,115 2,115    
TANZANIA BANK FEES & EXCHANGE 5,266      
TANZANIA PROG EXP IN COUNTRY 4,327,083     4,327,083
TANZANIA OPERATIONS IN COUNTRY 1,067,274     1,067,274
Future Well Programs Charitable Exp 1,175,591     1,175,591
FILING FEE 15      
DEFERRED TAXES -144,394      
TANZANIA Operations - USA 20,941      


TY 2023 OtherLiabilitiesSchedule
Name:
Abbott Fund
EIN:
36-6069793
Software ID:
23017437
Software Version:
2023v5.0
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAXES 6,143,546 5,999,151


TY 2023 OtherProfessionalFeesSchedule
Name:
Abbott Fund
EIN:
36-6069793
Software ID:
23017437
Software Version:
2023v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax Advisory 16,465      
Consulting 67,500      


TY 2023 TaxesSchedule
Name:
Abbott Fund
EIN:
36-6069793
Software ID:
23017437
Software Version:
2023v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 194,000