Øystein Linnebo and Richard Pettigrew have recently developed a version of non-eliminative mathematical structuralism based on Fregean abstraction principles. They argue that their theory of abstract structures proves a consistent version of the structuralist thesis that positions in abstract structures only have structural properties. They do this by defining a subset of the properties of positions in structures, so-called fundamental properties, and argue that all fundamental properties of positions are structural. In this article, we argue that the structuralist thesis, even (...) when restricted to fundamental properties, does not follow from the theory of structures that Linnebo and Pettigrew have developed. To make their account work, we propose a formal framework in terms of Kripke models that makes structural abstraction precise. The formal framework allows us to articulate a revised definition of fundamental properties, understood as intensional properties. Based on this revised definition, we show that the restricted version of the structuralist thesis holds. 1Introduction 2The Structuralist Thesis 3LP-Structuralism 4Purity 5A Formal Framework for Structural Abstraction 6Fundamental Relations 7The Structuralist Thesis Vindicated 8Conclusion. (shrink)