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Filing year 2023

THE FREDERICK B ABRAMSON MEMORIAL FOUNDATION

Washington, District of Columbia·EIN 52-1800184·3
Total revenue
$391k
Total assets
$937k
Total expenses
$350k
Reported officers
23
Mission

THE ABRAMSON SCHOLARSHIP FOUNDATION PROVIDES CRITICAL FINANCIAL ASSISTANCE AND COMPREHENSIVE MENTORING TO PROMISING DC PUBLIC HIGH SCHOOL GRADUATES ATTENDING FOUR-YEAR COLLEGES. OUR PROGRAM EMPLOYS A TWO-FOLD APPROACH TO ACCOMPLISH THE MISSION. FIRST, WE PROVIDE TIMELY FINANCIAL ASSISTANCE TO STUDENTS WHO MIGHT NOT BE ABLE TO ATTEND COLLEGE WITHOUT OUR HELP. SECOND, AND EQUALLY IMPORTANT, WE PROVIDE THESE STUDENTS WITH PERSONAL AND PROFESSIONAL GUIDANCE THROUGH INDIVIDUAL MENTORS AND PROGRAMS IN ORDER TO FOSTER THEIR ACADEMIC SUCCESS, EMOTIONAL GROWTH AND PROFESSIONAL DEVELOPMENT. THIS APPROACH ENABLES THE FOUNDATION TO SUPPORT OUR SCHOLARS THROUGH ALL FOUR YEARS OF COLLEGE AND BEYOND.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Executive Dir.
officer (unspecified)
$41k
$45k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

Down 9%
from 2022

From $45k in 2022 to $41k in 2023.

$45k
2022
$41k
2023
In today's dollarsEst.
Down 13% in real terms$52k to $45k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE FREDERICK B ABRAMSON MEMORIAL FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$293k
$326k
2022
$391k
$350k
2023
Total revenue and total expenses from IRS Form 990 filings.
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