William K Bowes Jr Foundation
- Assets
- $235.3m
- Revenue
- $5.9m
- Investments
- $228.3m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 01/1992
- Data as of
- 12/2022
- EIN
- 94-3148482
Organization Overview
William K Bowes Jr Foundation is located in San Francisco, CA. The organization was established in 1992. 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. William K Bowes Jr 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 12/2022, William K Bowes Jr Foundation generated $5.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $14.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, William K Bowes Jr Foundation has awarded 221 individual grants totaling $125,495,332. 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 |
|---|---|---|---|
Ute Bowes President | 1 | $0 | |
Chris Perkins Vp, Secretary-Treasurer, CFO | 3 | $80,000 | |
Douglas Tinker Vp, Audit Chair | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan Stanley | 12/30/22 | $1,814,701 |
Pacific Foundation Service | 12/30/22 | $440,564 |
Hood & Strong Llp | 12/30/22 | $63,940 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,682,796 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,173,143 |
| Capital Gain Net Income | $3,555,811 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,855,939 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $8,526 |
| Taxes | $65,910 |
| Depreciation | $0 |
| Occupancy | $20,969 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $31 |
| Total operating and administrative expenses | $2,494,891 |
| Contributions, gifts, grants paid | $12,306,013 |
| Total expenses and disbursements | $14,800,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,918 |
| Savings and temporary cash investments | $6,667,297 |
| 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 | $86,901,824 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $233,753 |
| Total assets | $235,253,719 |
| Accounts payable and accrued expenses | $435,930 |
| Grants payable | $43,278,038 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,532,023 |
| Total liabilities | $47,245,991 |
Grants Awarded
Over the last fiscal year, William K Bowes Jr Foundation has awarded $31,961,998 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
ALS THERAPY DEVELOPMENT FOUNDATION PURPOSE: TO SUPPORT THE ALS CAPSULE | $100,000 |
ACHIEVEMENT REWARDS FOR COLLEGE SCIENTISTS FOUNDATION INC PURPOSE: STANFORD UNIVERSITY SCHOLAR | $20,000 |
ASIAN ART MUSEUM FOUNDATION OF SAN FRANCISCO PURPOSE: THE WILLIAM K. BOWES, JR. FOUNDATION FUND FOR EDUCATION AND RESEARCH | $250,000 |
BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: WILLIAM K. BOWES, JR. FOUNDATION: STANFORD BIO-X BOWES FELLOWS; UTE AND WILLIAM BOWES, JR. LIBRARY AND THE DEPARTMENT OF ART AND ART HISTORY IN THE SCHOOL OF HUMANITIES AND SCIENCES; | $850,000 |
BOLINAS MUSEUM PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
BOYS & GIRLS CLUBS OF SAN FRANCISCO PURPOSE: TO EXPAND EDUCATION ENRICHMENT | $100,000 |