Jone L Bowman Foundation Inc
- Assets
- $18.6m
- Revenue
- $5.3m
- Investments
- $13.0m
- Employees
- 0
- Location
- Williamsport, MD
- Founding
- 06/2001
- Data as of
- 12/2022
- EIN
- 52-2265117
Organization Overview
Jone L Bowman Foundation Inc is located in Williamsport, MD. The organization was established in 2001. 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. Jone L Bowman 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 12/2022, Jone L Bowman Foundation Inc generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $806.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jone L Bowman Foundation Inc has awarded 208 individual grants totaling $2,075,762. 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 |
|---|---|---|---|
Donald M Bowman Director, President | 0.5 | $0 | |
Linda Bowman Ebersole Director, Assistant Secretary | 0.5 | $0 | |
Todd A Bowman Director, Treasurer | 0.5 | $0 | |
Cindy Joiner Secretary | 0.5 | $0 | |
Samantha Ebersole Bodnar Director | 0.5 | $0 | |
Mary E Bowman Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000,000 |
| Interest on Savings | $6,515 |
| Dividends & Interest | $207,305 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,754 |
| Capital Gain Net Income | $153,223 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,271,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36,390 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $167,924 |
| Total operating and administrative expenses | $213,645 |
| Contributions, gifts, grants paid | $592,611 |
| Total expenses and disbursements | $806,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $5,598,516 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,637,219 |
| 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, Jone L Bowman Foundation Inc has awarded $592,611 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
BARBARA INGRAM SCHOOL FOR THE ARTS FOUNDATION PURPOSE: SUPPORT OF EXEMPT PURPOSES | $5,000 |
AUGUSTOBERFEST CHARITABLE FOUNDATION PURPOSE: SUPPORT OF EXEMPT PURPOSES | $500 |
BIG BROTHERS BIG SISTERS OF WASHINGTON COUNTY PURPOSE: SUPPORT OF EXEMPT PURPOSES | $3,670 |
BOYS AND GIRLS CLUBS OF WASHINGTON COUNTY PURPOSE: SUPPORT OF EXEMPT PURPOSES | $110,000 |
BROOKE LANE FOUNDATION PURPOSE: SUPPORT OF EXEMPT PURPOSES | $5,500 |
CLEAR SPRING VOLUNTEER FIRE COMPANY PURPOSE: SUPPORT EXEMPT PURPOSES | $2,000 |