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Abell-Hanger Foundation

Profile

Last Updated: 2016-08-16

At A Glance

Abell-Hanger Foundation

112 Corporate Dr.

Midland, TX United States 79705-2105

URL: www.abell-hanger.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2015-06-30)

Assets: $174,535,122

Total giving: $7,950,283

EIN

756020781

BRIDGE Number

5512753353

Background

Incorporated in 1954 in TX - Mr. Abell, an independent west Texas oil operator, was active in many civic, community, cultural, social, educational, and historical activities in Texas, especially in the Midland area. He served as chairman of the first capital funds campaign for Midland Memorial Hospital, in addition to serving on the hospital's board of trustees and board of governors. While serving as a director of the Midland Chamber of Commerce, he originated the idea for the Permian Basin Petroleum Museum, Library, and Hall of Fame Mrs. Abell was an active champion of civic and cultural causes, contributing her time, talents, energy, and financial resources as one of west Texas' most philanthropic citizens. She served on the board of governors of Midland Memorial Hospital, board of trustees of Midland Presbyterian Homes, the President's Club of the Museum of the Southwest, and the Permian Basin Petroleum Museum, Library, and Hall of Fame. Her interests also included the Midland Odessa Symphony and Chorale, Midland Garden Club, Women's Auxiliary of Midland Memorial Hospital, Delta Delta Delta Midland Alumnae Chapter, and the Midland Woman's Club, of which she was a life member. Mrs. Abell was also a member of the Texas Chapter of the National Society of Colonial Dames of America, and the Daughters of the American Revolution

Purpose and Activities

Support primarily for higher education, youth activities, cultural programs, health services, the handicapped, and social welfare agencies.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Employee and Trustee Matching Gifts

The foundation matches employee and trustee contributions to charitable organizations as requested from the donor.

Fields of Interest

Subjects
  • Addiction services
  • Arts and culture
  • Business education
  • Child welfare
  • Community and economic development
  • Education
  • Family services
  • Graduate and professional education
  • Health
  • Higher education
  • Human services
  • Nursing care
  • Public administration
  • Senior services
  • University education
  • Voluntarism
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Homeless people
  • Low-income and poor people
  • Migrant workers
  • People of Latin American descent
  • People with disabilities
  • People with hearing impairments
  • People with HIV/AIDS
  • People with physical disabilities
  • People with psychosocial disabilities
  • People with vision impairments
  • Substance abusers
  • Victims of crime and abuse
  • Young adults

Financial Data

Year ended 2015-06-30

Assets: $174,535,122 (market value)

Expenditures: $9,972,334

Total giving: $7,950,283

Qualifying distributions: $9,522,590

Giving activities include:

$7,818,209 for 198 grants (high: $100,000; low: $200)

$132,074 for 143 employee matching gifts