Founded in 1953, the Abell Foundation aims to enhance the quality of life in Maryland, with a focus on Baltimore City. With assets of more than $350 million, the foundation not only provides grants to achieve its mission, but also makes direct investments in companies that promote social objectives, create jobs, and are located in, or agree to relocate to, Baltimore City. The foundation is especially interested in supporting early-stage companies that foster promising technologies. In 2014, Abell’s assets included $8.9 million of investments in such companies.
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