Aabc Foundation INC

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To raise and invest funds to support advancement of the birth center model

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 25 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $357K a year · 51% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
9 mo
of spending, in cash
Plus $1.8M in investments, Pt X · Ln 11–13
Looks good: 8.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $18K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$89K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$916K
+257% vs prior year
Spent
$451K
To programs
100%
Net assets
$2.5M
By yearFY2020–FY2024
Revenue
$916K
FY2024▲ +257%
Tap a bar for its year
Revenue by fiscal year
FY2020$407K
FY2021$248K
FY2022$1.7M
FY2023$257K
FY2024$916K
Expenses
$451K
FY2024▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$280K
FY2021$213K
FY2022$367K
FY2023$390K
FY2024$451K
Net assets
$2.5M
FY2024▲ +24%
Tap a bar for its year
Net assets by fiscal year
FY2020$796K
FY2021$856K
FY2022$2.1M
FY2023$2.0M
FY2024$2.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $451K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Past President Thru December
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Aabc Foundation INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Invests funds to advance the birth center model of care.

Questions for Aabc Foundation INC

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1 program · $451K · in their own filed words · FY2024
01

Research Grants

The aabc foundation supports the identification and validation of components of the birth center model through ongoing quantitative and qualitative research. Aabcf awards grants to support research projects on issues related to the birth center model of care. In 2024, the aabc foundation awarded 4 research grants.

$451Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 3 funders →
Grants paid · 12 grants · $904K · 2020–2024
Unitemized GrantFY2024$30,700
Unitemized GrantFY2023$38,590
Unitemized GrantFY2022$17,140
Unitemized GrantFY2021$11,017
Unitemized GrantFY2020$23,235
University of PittsburghPA · FY2020$5,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$916K
Ln 12
Gifts and grantsLn 1h$801K
Investment incomeLn 3$115K
Money outPt IX
$451K
Ln 25
Programscol B$451K
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$322K
Total assetsLn 16$2.6M
LiabilitiesLn 26$89K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$801K
Investment incomeLn 3$115K
Gains on assetsLn 7$3K
Total revenueLn 12$916K
Assets in detailPt X, end of year
SavingsLn 2$322K
Cash and savings togetherLn 1–2$322K
Pledges and grants receivableLn 3$457K
Prepaid expenses and deferred chargesLn 9$2K
InvestmentsLn 11–13$1.8M
Total assetsLn 16$2.6M
LiabilitiesLn 26$89K
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$11K
Share of the $1.6M endowmentSch D 1g0.68%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY24FY23FY22FY21FY20
End of yearLn 1g$1.6M$1.5M$470K$539K$504K
Given inLn 1b$1.0M
SpentLn 1d–1f$43K$35K$20K$4K$12K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$271K$322K
InvestmentsLn 11–13$1.7M$1.8M
Total assetsLn 16$2.0M$2.6M
LiabilitiesLn 26$47K$89K
Net assetsLn 32$2.0M$2.5M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$271K$271K
Grants to domestic individualsLn 2$31K$31K
Management feesLn 11a$73K$73K
Accounting feesLn 11c$18K$18K
Investment management feesLn 11f$11K$11K
Other fees for servicesLn 11g$160$160
Office expensesLn 13$11K$11K
TravelLn 17$4K$4K
Other expenses (24a–d)Ln 24$33K$33K
Total functional expensesLn 25$451K$451K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Sep 24, 2025 $916K$451K$465K$2.5M 990 PDF
FY2023Filed with the IRS Oct 31, 2024 $257K$390K−$133K$2.0M 990 PDF
FY2022Filed with the IRS Oct 23, 2023 $1.7M$367K$1.3M$2.1M 990 PDF
FY2021Filed with the IRS Oct 28, 2022 $248K$213K$35K$856K 990 PDF
FY2020Filed with the IRS Sep 7, 2021 $407K$280K$127K$796K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $915,847 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $205,871$801,194
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $50,813$114,653
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $256,684$915,847
I-13 Grants and similar amounts paidPrior year $267,260$301,354
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $122,539$149,950
I-18 Total expensesPrior year $389,799$451,304
I-19 Revenue less expensesPrior year −$133,115$464,543
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $915,847 across 5 lines filed
VIII-1f All other contributions, gifts and grants$801,194
VIII-1h Total contributions, gifts and grants$801,194
VIII-3 Investment incomeExcluded from tax $111,450$111,450
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,203$3,203
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $114,653$915,847
Part IX · Statement of functional expenses $451,304 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $270,654$270,654
IX-2 Grants to domestic individualsPrograms $30,700$30,700
IX-11a Management feesPrograms $72,740$72,740
IX-11c Accounting feesPrograms $18,100$18,100
IX-11f Investment management feesPrograms $10,865$10,865
IX-11g Other fees for servicesPrograms $160$160
IX-13 Office expensesPrograms $10,750$10,750
IX-17 TravelPrograms $4,157$4,157
IX-24 Other expenses (24a–d)Programs $33,178$33,178
IX-25 Total functional expensesPrograms $451,304 · Management $0 · Fundraising $0$451,304
Part X · Balance sheet $2,563,029 assets, 12 lines filed
X-2 Savings and temporary cash investmentsStart of year $271,335$322,491
X-3 Pledges and grants receivableStart of year $104,363$456,663
X-9 Prepaid expenses and deferred chargesStart of year $1,763$1,690
X-11 Publicly traded securitiesStart of year $1,660,479$1,782,185
X-16 Total assetsStart of year $2,037,940$2,563,029
X-17 Accounts payable and accrued expensesStart of year $19,364$80,585
X-18 Grants payableStart of year $27,515$8,884
X-26 Total liabilitiesStart of year $46,879$89,469
X-27 Net assets without donor restrictionsStart of year $1,224,823$1,230,874
X-28 Net assets with donor restrictionsStart of year $766,238$1,242,686
X-32 Total net assets or fund balancesStart of year $1,991,061$2,473,560
X-33 Total liabilities and net assetsStart of year $2,037,940$2,563,029
Part XI · Reconciliation of net assets $2,473,560 net assets at year end
XI-1 Total revenue$915,847
XI-2 Total expenses$451,304
XI-3 Revenue less expenses$464,543
XI-4 Net assets at start of year$1,991,061
XI-5 Net unrealized gains (losses) on investments$17,956
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,473,560

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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