Buford L Bowen Charitable Foundation
- Assets
- $5.7m
- Revenue
- $455.2k
- Investments
- $5.5m
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 46-6948578
Organization Overview
Buford L Bowen Charitable Foundation is located in Jacksonville, FL. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buford L Bowen Charitable Foundation 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 12/2023, Buford L Bowen Charitable Foundation generated $455.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $414.7k during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 8 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 2016, Buford L Bowen Charitable Foundation has awarded 16 individual grants totaling $2,049,624. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce A Chappell Trustee | 4 | $0 | |
Thomas M Donahoo Jr Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $407 |
| Dividends & Interest | $146,830 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $307,966 |
| Capital Gain Net Income | $307,966 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $455,203 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,010 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $566 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $108,928 |
| Contributions, gifts, grants paid | $305,770 |
| Total expenses and disbursements | $414,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $231,403 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $690,221 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,700,640 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Buford L Bowen Charitable Foundation has awarded $305,770 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BIRMINGHAM SOUTHERN COLLEGE PURPOSE: ACADEMIC SCHOLARSHIPS | $152,885 |
KANUGA CONFERENCES INC PURPOSE: OPERATING EXPENSES OF THE CHARITY'S CONFERENCES | $152,885 |