AbbVie winds down five-year, $350M philanthropy pledge

In the past five years, Ab­b­Vie re­built a mid­dle school in Chica­go, opened the doors to a new fam­i­ly cen­ter at St. Jude Chil­dren’s Re­search Hos­pi­tal and ex­pand­ed more than 33 Ronald Mc­Don­ald Hous­es.

It was all part of a $350 mil­lion, five-year com­mit­ment with nine non­prof­its that’s now wind­ing down. Ab­b­Vie is look­ing back on the ef­forts in video posts on so­cial me­dia.

While Ab­b­Vie hasn’t pledged a new fund, the com­mu­ni­ty pro­grams and part­ner­ships it’s es­tab­lished are “just the be­gin­ning” of its phil­an­thropic work, said Clau­dia Car­ravet­ta, pres­i­dent of the Ab­b­Vie Foun­da­tion and Ab­b­Vie’s VP of cor­po­rate re­spon­si­bil­i­ty and glob­al phil­an­thropy.

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