Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
AbbVie Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address) 1 North Waukegan Road
  Room/suite
City or town
North Chicago
State or province
IL
Country  
ZIP or foreign postal code
60064
A Employer identification number

46-0827839
B Telephone number (see instructions)

8479356644
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$265,649,985J 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) 49,000,000
2 Check .................
3 Interest on savings and temporary cash investments 1,749,184 1,749,184  
4 Dividends and interest from securities... 5,159,770 5,159,770  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 69,290,138
b Gross sales price for all assets on line 6a 69,492,075
7 Capital gain net income (from Part IV, line 2)... 69,290,138
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........ 125,199,092 76,199,092 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)......... Click to see attachment
List of Attached Documents:
// Content
6,555 0 0 6,555
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
40,016 20,008 0 0
c Other professional fees (attach schedule).... 0 0 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
708,711 0 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,097,273 3,000 0 2,005,065
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,852,555 23,008 0 2,011,620
25 Contributions, gifts, grants paid....... 33,843,986 47,077,933
26 Total expenses and disbursements. Add lines 24 and 25 ................ 36,696,541 23,008 0 49,089,553
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 88,502,551
b Net investment income (if negative, enter -0-) 76,176,084
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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............. 0    
2 Savings and temporary cash investments......... 59,000,666 63,528,417 63,528,417
3 Accounts receivable 0
Less: allowance for doubtful accounts   406,130 0 0
4 Pledges receivable  
Less: allowance for doubtful accounts   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) 0
Less: allowance for doubtful accounts 0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 158,331,214 Click to see attachment
List of Attached Documents:
// Content
202,121,568 		202,121,568
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis 0
Less: accumulated depreciation (attach schedule) 0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 0 0
14 Land, buildings, and equipment: basis 0
Less: accumulated depreciation (attach schedule) 0 0   0
15 Other assets (describe ) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 217,738,010 265,649,985 265,649,985
Liabilities 17 Accounts payable and accrued expenses.......... 1,500,000 0
18 Grants payable................. 56,677,772 43,443,824
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 ) Click to see attachment
List of Attached Documents:
// Content
2,194,953 		Click to see attachment
List of Attached Documents:
// Content
1,837,705
23 Total liabilities (add lines 17 through 22)......... 60,372,725 45,281,529
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 157,365,285 220,368,456
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
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)..... 157,365,285 220,368,456
30 Total liabilities and net assets/fund balances (see instructions). 217,738,010 265,649,985
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
157,365,285
2
Enter amount from Part I, line 27a .....................
2
88,502,551
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
245,867,836
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
25,499,380
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
220,368,456
Form 990-PF (2025)
Form 990-PF (2025)
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.)
1 a Publicly Traded Securities      
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 69,492,075   201,937 69,290,138
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     0 69,290,138
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 69,290,138
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  
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 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 1,058,848
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-) Click to see attachment
List of Attached Documents:
// Content
2 0
3 Add lines 1 and 2........................... 3 1,058,848
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 1,058,848
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 1,065,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 1,065,000
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....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 6,152
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax6,152 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
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)
IL
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 2025 or the taxable year beginning in 2025? 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 addressWWW.ABBVIEFOUNDATION.ORG
14
The books are in care ofKEYA MILLA Telephone no. (847) 935-6644

Located at1 North Waukegan RdNorth ChicagoIL ZIP+460064
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
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)
 
No
(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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
Claudia Carravetta President (through October 2025)
8.00 		0 0  
1 North Waukegan Road
North Chicago,IL60064
Keya Milla President (As of October 2025)
12.00 		0 0  
1 North Waukegan Road
NORTH CHICAGO,IL60064
EMILY Weith Vice President/Secretary
1.00 		0 0  
1 North Waukegan Road
North Chicago,IL60064
WAYNE KLINTWORTH TREASURER (through July 2025)
0.25 		0 0  
1 North Waukegan Road
NORTH CHICAGO,IL60064
Samantha Geist Treasurer (as of October 2025)
0.25 		0 0  
1 North Waukegan Road
North Chicago,IL60064
TIMOTHY KOLENDA ASSISTANT TREASURER
1.00 		0 0  
1 North Waukegan Road
NORTH CHICAGO,IL60064
Johanna Corbin Director
0.25 		0 0  
1 North Waukegan Road
NORTH CHICAGO,IL60064
Demetris Crum Director
0.25 		0 0  
1 North Waukegan Road
North chicago,IL60064
TRACIE HAAS DIRECTOR
4.00 		0 0  
1 North Waukegan Road
NORTH CHICAGO,IL60064
ROBERT A MICHAEL DIRECTOR
1.00 		0 0  
1 North Waukegan Road
NORTH CHICAGO,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................... 0
Form 990-PF (2025)
Form 990-PF (2025)
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
The Heart of America Foundation Team Possibilities Volunteer Projects 618,025
1255 Union St NE Suite 700
Washington,DC20002
Heart to Heart International Inc Team Possibilities Volunteer Projects 338,077
11550 Renner Blvd
Lenexa,KS66219
Jersey Cares Inc Team Possibilities Volunteer Projects 324,000
290 W Mount Pleasant Ave Ste 1320
Livingston,NJ07039
International Medical Corps Team possibilities volunteer projects 115,500
12400 Wilshire Blvd Ste 1500
Los Angeles,CA90025
Map International Team Possibilities Volunteer Projects 100,000
4700 Glynco Parkway
Brunswick,GA31525
Total number of others receiving over $50,000 for professional services.............right arrow5
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 A YEAR-ROUND VOLUNTEER PROGRAM OFFERING EMPLOYEES VOLUNTEER PROJECTS WITH TRUSTED NONPROFIT PARTNERS FOCUSED ON ADVANCING HEALTH EQUITY. 1,948,815
2  
3  
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 NONE  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
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
183,984,645
b
Average of monthly cash balances.......................
1b
40,500,080
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
224,484,725
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
224,484,725
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,367,271
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
221,117,454
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
11,055,873
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
11,055,873
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
1,058,848
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,058,848
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
9,997,025
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
9,997,025
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
9,997,025
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, line 26, column (d) ..........
1a
49,089,553
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
49,089,553
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 9,997,025
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:2023, 2022, 2021 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 55,142,979
b From 2021...... 38,686,889
c From 2022...... 48,818,233
d From 2023...... 38,280,319
e From 2024...... 46,156,374
f Total of lines 3a through e ........ 227,084,794
4Qualifying distributions for 2025 from Part
XI, line 4: $ 49,089,553
a Applied to 2024, 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 2025 distributable amount..... 9,997,025
e Remaining amount distributed out of corpus 39,092,528
5 Excess distributions carryover applied to 2025.   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 5 266,177,322
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		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 2020 not
applied on line 5 or line 7 (see instructions) ... 		55,142,979
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		211,034,343
10 Analysis of line 9:
a Excess from 2021 .... 38,686,889
b Excess from 2022 .... 48,818,233
c Excess from 2023 .... 38,280,319
d Excess from 2024 .... 46,156,374
e Excess from 2025 .... 39,092,528
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
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 (2025)
Form 990-PF (2025)
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

AMERICAN ONLINE GIVING FOUNDATION INC

40 EAST MAIN STREET SUITE 887
NEWARK,DE197114639 		N/A   Matching grants 2025: AOGF 11,357,716

American Red Cross

2200 W Harrison St
Chicago,IL60612 		N/A   Los Angeles CA Wildfire Disaster Response 250,000

Asian Health Coalition

1006 S Michigan Avenue Suite 710
Chicago,IL60605 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Banco de Alimentos de Puerto Rico Inc

PO BOx 3990
Carolina,PR00982 		N/A   GENERAL MISSION SUPPORT 50,000

Baylor College of Medicine International Pediatric AIDs Initiative

1102 Bates FC-630
Houston,TX77030 		N/A   STRATEGIC PROGRAMMATIC GRANT 465,000

Bernie's Book Bank

917 North Shore Drive
Lake Bluff,IL60044 		N/A   General Mission Support and Week of possibilities 2025 345,064

Best Buddies International

230 W Monroe Street Suite 1450
Chicago,IL60654 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Boys & Girls Club of Lake County

730 S Martin Luther King Jr Ave
Waukegan,IL600642262 		N/A   General Mission Support 10,000

CASA Lake County Inc

700 Forest Edge Dr
Vernon Hills,IL600613172 		N/A   General Mission Support 10,000

CHOC Foundation

1201 W LA VETA AVE
ORANGE,CA928684203 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Center on Halsted

3656 NORTH HALSTED
CHICAGO,IL606135974 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Chicago House and Social Service Agency

2229 S Michigan Avenue Ste 304
CHICAGO,IL606147397 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Chicago Women's Health Center

1025 W SUNNYSIDE AVE STE 201
CHICAGO,IL606405684 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Chinese American Service League

2141 S TAN CT
CHICAGO,IL606161998 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

College Bound Opportunities

PO Box 392
Highland Park,IL600153581 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Community Health

2611 W Chicago Ave
CHICAGO,IL60622 		N/A   STRATEGIC PROGRAMMATIC GRANT 500,000

Community Youth Center of San Francisco

980 CLEMENT ST
SAN FRANCISCO,CA941182111 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Cooperative for Assistance and Relief Everywhere Inc

151 ELLIS STREET NE
ATLANTA,GA303032420 		N/A   Advancing health equity through community health workers and cash, food, and transportation 750,000

Cradles to Crayons Inc

2500 W Bradley Place
Chicago,IL60618 		N/A   General Mission Support and Week of possibilities 2025 215,000

Cristo Rey St Martin College Prep

3106 Belvidere Road
WAUKEGAN,IL600856502 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Dare2tri Paratriathlon Club

516 N Ogden Ave 172
Chicago,IL60642 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Direct Relief

6100 Wallace Becknell Road
Santa Barbara,CA931173214 		N/A   Los Angeles CA Wildfire Disaster Response 500,000

Dress for Success Greater Chicago

17 N STATE ST STE 1490
CHICAGO,IL606024354 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

E4E Relief

101 South Tryon St Suite 2900
Charlotte,NC28280 		N/A   AbbVie Employee Relief Fund 600,000

Erie Family Health Centers

1701 W Superior Street
Chicago,IL60622 		N/A   General Mission Support 50,000

Fondos Unidos de Puerto Rico Inc

PO BOX 191914
SAN JUAN,PR009191914 		N/A   Empowering Community: 2025 Week of Possibilities 67,200

Foundation For The Carolinas

220 North Tryon St
Charlotte,NC28202 		N/A   AbbVie Employee Relief Fund 300,000

Girls in the Game

1401 S SACRAMENTO DR
CHICAGO,IL606232219 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Global Girls

808 E 63rd St
Chicago,IL60617 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Habitat for Humanity of Racine & Kenosha Counties

1501 VILLA ST
RACINE,WI534032725 		N/A   WEEK OF POSSIBILITIES 2025: 1342 50TH ST BUILD SITE 8,000

Health Leads

PO BOX 961630
BOSTON,MA021961630 		N/A   STRATEGIC PROGRAMMATIC GRANT 3,000,000

Impacting Veterans Lives Inc -Midwest Veterans Closet

1720 Green Bay Rd
North Chicago,IL600643062 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Indiana University

PO Box 78000
Detroit,MI482780867 		N/A   STRATEGIC PROGRAMMATIC GRANT 330,500

Innovation Development Institute Inc

222 W MERCHANDISE MART PLAZA SUITE
CHICAGO,IL606540000 		N/A   STRATEGIC PROGRAMMATIC GRANT 475,000

International Medical Corps

12400 WILSHIRE BLVD STE 1500
LOS ANGELES,CA900251030 		N/A   Los Angeles CA Wildfire Disaster Response 250,000

Iola Foundation

7190 W Sunset Blvd 504
Los Angeles,CA90046 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Jersey Cares Inc

290 W Mt Pleasant Avenue Suite 13
Livingston,NJ07039 		N/A   2025 Week of Possibilities - Remote Kit Assembly 300,000

Lake County Crisis Center for the Prevention and Treatment of Domestic Viol

2710 17TH STREET
ZION,IL600991543 		N/A   General Mission Support 10,000

Lake-McHenry Habitat for Humanity

1425 Tri State Parkway Suite 110
Gurnee,IL600854207 		N/A   Week of Possibilities 2025 Habitat Home 360,000

Mano a Mano Family Resource Center

6 E MAIN ST
ROUND LAKE PK,IL600733602 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Metropolitan Asian Family Services

505 N ROSELLE RD
ROSELLE,IL601725008 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Miriam's Kitchen

2401 VIRGINIA AVE NW
WASHINGTON,DC200372637 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

North Chicago Community Partners

855 Skokie Highway Suite D-E
Lake Bluff,IL60044 		N/A   General Mission Support 500,000

Northern Illinois Food Bank

273 DEARBORN CT
GENEVA,IL601340000 		N/A   General Mission Support and Week of possibilities 2025 50,000

Operation Homefront Inc

17319 San Pedro Ave Ste 505
San Antonio,TX782321444 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Partners In Health

800 Boylston St Suite 300
Boston,MA02199 		N/A   STRATEGIC PROGRAMMATIC GRANT 1,400,000

Points of Light Foundation

101 Marietta St Ste 3100
ATLANTA,GA303185799 		N/A   Week of Possibilities 2025 2,591,700

Prairie State Legal Services Inc

303 N MAIN ST STE 600
ROCKFORD,IL611011050 		N/A   General Mission Support 10,000

Project HOPE - The People-to-People Health Foundation Inc

1101 Connecticut Ave NW Suite 500
Washington,DC226460255 		N/A   Week of Possibilities 2025 48,200

Scholarship America Inc

7900 International Drive Suite 500
Minneapolis,MN554252561 		N/A   Scholarships Management Fees and Awards 2,082,269

Science & Entrepreneurship Exchange

2023 W Carroll Street Suite C-206
Chicago,IL60612 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Science Club for Girls

210 BROADWAY STE 201
CAMBRIDGE,MA021391959 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Step Up Women's Network

510 S HEWITT ST UNIT 111
LOS ANGELES,CA900132268 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Teach For America

227 W Monroe St Suite 2100
Chicago,IL60606 		N/A   General Mission Support 50,000

The Beacon Place NFP

603 South McAlister Avenue
Waukegan,IL600856489 		N/A   General Mission Support 100,000

The HBCU Project Foundation Inc

PO Box 224222
Dallas,TX75222 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

The Heart of America Foundation

1255 Union St NE Suite 700
Washington,DC20002 		N/A   Heart of America WOP 2025 1,100,000

The University of Chicago Medicine

5841 S Maryland Ave
CHICAGO,IL60637 		N/A   Support for UChicago Medicine, its Comprehensive Cancer Center and new cancer pavilion 15,000,000

Total Link To Community

1200 SHERMER RD STE 109
NORTHBROOK,IL600624563 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Transform for Kids

855 Skokie Highway Suite D
Lake Bluff,IL60044 		N/A   Week of Possibilities: 2025 Execution and 2026 Planning 2,050,000

Transitional Living Services

805 S McHenry Ave Suite D
Crystal Lake,IL60014 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

Travis Manion Foundation

140 E State St
Doylestown,PA18901 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

United Way of Lake County

330 S GREENLEAF ST
GURNEE,IL600313389 		N/A   General Mission Support 10,000

Waymakers

440 EXCHANGE SUITE 250
IRVINE,CA926021390 		N/A   EMPLOYEE RESOURCE GROUP GRANT - GENERAL MISSION SUPPORT 25,000

YourCause Holdings LLC

6505 W Park Boulevard Suite 306
Plano,TX75093 		N/A   GENERAL MISSION SUPPORT 1,182,284
Total ................................. 3a 47,077,933
bApproved for future payment

The University of Chicago Medicine
5841 S Maryland Ave
Chicago,IL60637 		N/A   Support for UChicago Medicine, its Comprehensive Cancer Center and new cancer pavilion 45,000,000
Total ................................. 3b 45,000,000
Form 990-PF (2025)
Form 990-PF (2025)
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 1,749,184  
4 Dividends and interest from securities ....     14 5,159,770  
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 ............ 		    18 69,290,138  
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 76,199,092 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
76,199,092
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID: 25022866
Software Version: 2025v4.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

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

46-0827839
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
AbbVie Foundation
  		Employer identification number
46-0827839
Part I
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
ABBVIE INC
 
1 N WAUKEGAN RD
 
NORTH CHICAGO, IL60064

$ 49,000,000


(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
AbbVie Foundation
  		Employer identification number

46-0827839
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
 
$    
(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
AbbVie Foundation
  		Employer identification number

46-0827839
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID: 25022866
Software Version: 2025v4.1

TY 2025 AccountingFeesSchedule
Name:
AbbVie Foundation
EIN:
46-0827839
Software ID:
25022866
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 40,016 20,008    

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2025 ExpenditureResponsibilityStmt
Name:
AbbVie Foundation
EIN:
46-0827839
Software ID:
25022866
Software Version:
2025v4.1
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
TRANSFORM FOR KIDS
  		855 SKOKIE HIGHWAY SUITE D
LAKE BLUFF,IL60044 		2025-03-13 2,050,000 Week of Possibilities: 2025 Execution and 2026 Planning 2,050,000 NO 6/17/2025, 12/15/2025 2025-03-13 GRANT 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.

TY 2025 InvestmentsCorpStockSchedule
Name:
AbbVie Foundation
EIN:
46-0827839
Software ID:
25022866
Software Version:
2025v4.1
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 0 0
ABBVIE 202,121,568 202,121,568

TY 2025 LegalFeesSchedule
Name:
AbbVie Foundation
EIN:
46-0827839
Software ID:
25022866
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 6,555     6,555


TY 2025 OtherDecreasesSchedule
Name:
AbbVie Foundation
EIN:
46-0827839
Software ID:
25022866
Software Version:
2025v4.1
Description Amount
Unrealized Loss 25,499,380


TY 2025 OtherExpensesSchedule
Name:
AbbVie Foundation
EIN:
46-0827839
Software ID:
25022866
Software Version:
2025v4.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
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


TY 2025 OtherLiabilitiesSchedule
Name:
AbbVie Foundation
EIN:
46-0827839
Software ID:
25022866
Software Version:
2025v4.1
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAXES 2,194,953 1,837,705


TY 2025 TaxesSchedule
Name:
AbbVie Foundation
EIN:
46-0827839
Software ID:
25022866
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Taxes 708,711