Bowanabee Foundation Inc is located in Boulder, CO. 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. Bowanabee 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 11/2023, Bowanabee Foundation Inc generated $26.1k in total revenue. All expenses for the organization totaled $836.2k during the year ending 11/2023.
Since 2020, Bowanabee Foundation Inc has awarded 53 individual grants totaling $4,939,690. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED TO BENEFIT RELIGIOUS, SCIENTIFIC, LITERARY, EDUCATIONAL OR OTHER CHARITABLE ORGANIZATIONS AND TO FURTHER THOSE PURPOSES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Beck Pres/sec/treas | 20 | $0 | |
Thomas J Beck Director | 0.1 | $0 | |
Mark T Lupa Director | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $62,292 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$134,494 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $98,322 |
| Total Revenue | $26,120 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $4,500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $239,118 |
| Depreciation | $0 |
| Occupancy | $39,180 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $281,106 |
| Total operating and administrative expenses | $583,279 |
| Contributions, gifts, grants paid | $252,880 |
| Total expenses and disbursements | $836,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,602,924 |
| Savings and temporary cash investments | $0 |
| 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 | $1,000,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,770,619 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,575,000 |
| Total assets | $18,176,644 |
| 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 | $1,484,760 |
| Total liabilities | $1,484,760 |
Over the last fiscal year, Bowanabee Foundation Inc has awarded $252,880 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN DIABETES ASSOCIATION PURPOSE: GENERAL OPERATING | $1,000 |
BEYOND PESTICIDES PURPOSE: GENERAL OPERATING | $360 |
BIBLE STUDY FELLOWSHIP PURPOSE: GENERAL OPERATING | $600 |
CALVARY BIBLE CHURCH PURPOSE: GENERAL OPERATING | $15,400 |
BOULDER LIBRARY FOUNDATION PURPOSE: GENERAL OPERATING | $10,145 |
CAMPUS CRUSADE FOR CHRIST PURPOSE: GENERAL OPERATING | $33,900 |