Nonprofit · EIN 93-2770934
ABAX VENTURES INC
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $482,060,326 | $3,187,924 | $478,872,402 | $959,968,344 | $0 | $959,968,344 |
| December 31, 2023 | 990 | $333,394,568 | $64,257 | $333,330,311 | $349,265,513 | $0 | $349,265,513 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $421,300,562
- Program service revenue
- $0
- Investment income
- $60,759,764
- Net gain from sales of assets
- $41,735,899
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $35,856
- Accounting fees
- $43,244
- Management and general (functional)
- $3,187,924
Balance sheet and other
- Total assets, start of year
- $349,265,513
- Total assets, end of year
- $959,968,344
- Total liabilities, end of year
- $0
- Net assets, end of year
- $959,968,344
- Publicly traded securities
- $577,762,544
- Gross receipts
- $1,079,352,381
- Employees
- 0
- Volunteers
- 1
- Year formed
- 2023
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL D KELLER | PRESIDENT/CEO/DIRECTOR Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL D KELLER | PRESIDENT/CEO/DIRECTOR Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1333 NEW HAMPSHIRE AVE NW LBBY 3, WASHINGTON, DC 20036-1506
- Principal officer (990 for 2024)
- PAUL D KELLER, 1333 NEW HAMPSHIRE AVE NW FLOOR 3, WASHINGTON, DC 20036
- Signed the 990
- PAUL D KELLER, PRESIDENT
- Phone
- (650) 804-7100
- Return prepared by
- APERCEN PARTNERS LLC
Mission
POSITIVELY INFLUENCE THE LONG-TERM FUTURE AND TO PROMOTE THE WELFARE OF HUMAN BEINGS
Program accomplishments
- THE ORGANIZATION WILL PROMOTE ITS MISSION TO POSITIVELY INFLUENCE THE LONG-TERM FUTURE AND TO PROMOTE THE WELFARE OF HUMAN BEINGS THROUGH GRANTMAKING, ADVOCACY AND LOBBYING, PUBLIC EDUCATION, PROVIDING TECHNICAL SUPPORT TO COMPANIES, AND MISSION-RELATED INVESTMENTS. AREAS OF FOCUS IN CARRYING OUT THESE ACTIVITIES WILL BE ARTIFICAL INTELLIGENCE, GLOBAL CATASTROPHIC RISKS, EMERGING TECHNOLOGIES AND GLOBAL HEALTH.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 93-2770934
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W99)
- Assets (IRS master file)
- $959,968,344
- Income (IRS master file)
- $1,079,352,381
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $482,060,326 | $3,187,924 | $959,968,344 | XML |
| 990 | December 2023 | $333,394,568 | $64,257 | $349,265,513 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-2770934).
Questions about ABAX VENTURES INC
- What is the EIN of ABAX VENTURES INC?
- The employer identification number (EIN) of ABAX VENTURES INC is 93-2770934.
- Is ABAX VENTURES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2024.
- Are donations to ABAX VENTURES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ABAX VENTURES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ABAX VENTURES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ABAX VENTURES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ABAX VENTURES INC?
- The 990 for the year ended December 31, 2024 names PAUL D KELLER.
- Who are the officers and directors of ABAX VENTURES INC?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does ABAX VENTURES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $482,060,326, expenses of $3,187,924 and total assets of $959,968,344 at year end.
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