Bowen Family Foundation Inc

Organization Overview

Bowen Family Foundation Inc is located in Indianapolis, IN. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bowen Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Bowen Family Foundation Inc generated $560.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $497.7k during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Bowen Family Foundation Inc has awarded 147 individual grants totaling $1,786,943. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $200,000
Interest on Savings $0
Dividends & Interest $81,053
Net Rental Income$0
Net Gain on Sale of Assets $279,677
Capital Gain Net Income $279,677
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $560,730

Grants Awarded

Over the last fiscal year, Bowen Family Foundation Inc has awarded $417,302 in support to 28 organizations.

Grant RecipientAmount

IVY TECH

PURPOSE: SCHOLARSHIPS

$155,052

PURDUE UNIVERSITY

PURPOSE: SCHOLARSHIPS

$94,500

INDIANA UNIVERSITY FOUNDATION

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: SCHOLARSHIPS

$86,500

IUPUI

PURPOSE: PROGRAM SUPPORT

$24,250

MARION UNIVERSITY

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: PROGRAM SUPPORT

$9,000

GOODWILL INDUSTRIES FOUNDATION OF CENTRAL INDIANA

PURPOSE: PROGRAM SUPPORT

$5,000
View Grant Profile

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