The Abbott Fund was established by Abbott, a global health care company, in 1951, as a philanthropic foundation based in Illinois, United States. The Abbott Fund’s vision is to create healthier communities worldwide. They invest in ideas that promote science and medical innovation, expand access to health care and strengthen communities around the globe. In partnership with others, they strive to make a lasting impact on people’s lives and encourage others to take positive action.
Their partners encompass the best in humanitarian organizations, and the results are compelling. Abbott and the Abbott Fund welcome the opportunity to change lives. Building healthier communities is central to what they do. By partnering with others, they develop and foster a wide range of programs that make a lasting difference in the lives of people and strengthen communities all over the world.
Building healthier communities is central to what they do. They invest in ideas that promote science, expand access to health care and strengthen communities worldwide – from training midwives in Afghanistan to addressing nutritional needs of children in Haiti. By partnering with others, they develop and foster a wide range of programs that make a lasting difference in the lives of people and strengthen communities all over the world.
Approach to Philanthropy
They view philanthropy as a powerful source for social innovation. Their philanthropy provides an opportunity to test new thinking, develop leaders, strengthen civic and social organizations and build partnerships between the public and private sectors to solve global problems. Much of their philanthropy aims at improving health care services for the poor, the marginalized and the underserved. They apply three principles that are fundamental to thoughtful and effective philanthropy. First, they explore the needs of the people they seek to assist, listening and asking questions so that they understand the challenges and are able to propose possible solutions. Second, they recognize that they cannot do this work alone; they must partner with other organizations whose skills and contributions complement their strengths and expertise.
Third, good philanthropy requires them to measure their impact and share what they have learned with others. Since 2000, the Abbott Fund has invested $337 million in programs around the world, including $38.7 million in 2011. Their programs range from building health systems in Tanzania and reducing the numbers of premature infant deaths in Kosovo, to improving health services for uninsured Americans and advancing science education in countries around the world.
Access to Health Care
Access to health care is a serious challenge around the world, with many people unable to receive proper medical care or visit a nearby medical facility. The Abbott Fund seeks to address this issue by designing, partnering on and implementing innovative programs to expand access to health care services for the world’s most disadvantaged populations, by training doctors, building facilities in underserved areas or engaging in other locally appropriate initiatives.
The world urgently needs people who are well-trained in science and technology, and the Abbott Fund is committed to doing its part to address this challenge. Serving as a catalyst by stimulating community investment and engagement, Abbott’s investment in science education:
-Engages and inspires students, families and teachers in scientific exploration in out-of-school informal settings
-Encourages young people to be more proficient in science and attracts more scientists to the field
-Builds strong partnerships that are systemic, replicable and sustainable for multiple years and multiple locations
Healthy communities possess vibrant and diverse institutions that serve the public good. These institutions range from health and human welfare agencies such as food banks, homeless shelters and health clinics to museums, libraries and universities. The Abbott Fund supports creative programs that address unmet needs of local communities. When natural disasters and emergencies strike communities, the Abbott Fund responds with grants to trusted humanitarian relief partners. Grants are directed to both immediate needs and longer-term reconstruction and rehabilitation efforts.See more