Bowdon Family Foundation is a private corporation based in FORT WORTH, TX. The foundation received its IRS ruling in 2010. It holds total assets of $2.9M. Annual income is reported at $590K. The Bowdon Family Foundation purchased a building in 2014 to be used as a location for a nonprofit called The Cedars Union. The mission of The Cedars Union is to provide local artists with the opportunity to take their crafts to the next level by providing them with a work space, tools and equipment, and connections to the community. The Foundation's costs to own and maintain the building, have been direct charitable activities for the Foundation. For 2023, direct charitable expenses included payments of property taxes, utilities, insurance, and repairs. According to available records, Bowdon Family Foundation has made 19 grants totaling $1.6M, with a median grant of $15K. Annual giving has grown from $546K in 2020 to $714K in 2022. Individual grants have ranged from $1K to $500K, with an average award of $83K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Texas and California. Contributions to this foundation are tax-deductible.
The Bowdon Family Foundation purchased a building in 2014 to be used as a location for a nonprofit called The Cedars Union. The mission of The Cedars Union is to provide local artists with the opportunity to take their crafts to the next level by providing them with a work space, tools and equipment, and connections to the community. The Foundation costs to own and maintain the building, and the certain costs to incubate the new nonprofit have been direct charitable activities for the Foundation. For 2022, direct charitable expenses included payments of property insurance.
Expenses: $20K
The Bowdon Family Foundation purchased a building in 2014 to be used as a location for a nonprofit called The Cedars Union. The mission of The Cedars Union is to provide local artists with the opportunity to take their crafts to the next level by providing them with a work space, tools and equipment, and connections to the community. The Foundation's costs to own and maintain the building, have been direct charitable activities for the Foundation. For 2023, direct charitable expenses included payments of property taxes, utilities, insurance, and repairs. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in TX, CA.
Bowdon Family Foundation has distributed a total of $1.6M across 19 grants. The median grant size is $15K, with an average of $83K. Individual grants have ranged from $1K to $500K.
Bowdon Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bowdon Family Foundation is headquartered in FORT WORTH, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bobbye Jan Bowdon | Trustee | $0 | $0 | $0 |
| Kenneth S Bowdon | Pres/Trustee | $0 | $0 | $0 |
| Matthew Bowdon | A. Sec/Trustee | $0 | $0 | $0 |
| Megan Bowdon | Sec/Tr/Trustee | $0 | $0 | $0 |
| John Wilkinson | Trustee | $0 | $0 | $0 |
Total Giving
$520K
Total Assets
$2.9M
Fair Market Value
$3.3M
Net Worth
$2.8M
Grants Paid
$283K
Contributions
$0
Net Investment Income
$87K
Distribution Amount
$83K
Total: $363K
Total Grants
19
Total Giving
$1.6M
Average Grant
$83K
Median Grant
$15K
Unique Recipients
7
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Cedars UnionGeneral operating support | Dallas, TX | $300K | 2022 |
| Nasher Scultpure CenterSupport for the Nasher Prize | Dallas, TX | $21K | 2022 |
| Texas Ballet TheaterGeneral operating support | Fort Worth, TX | $15K | 2022 |
| Texas Christian UniversityFine Arts Department Gala support | Fort Worth, TX | $10K | 2022 |
| Fort Worth OperaTowards the Young Artists Program | Fort Worth, TX |
DALLAS, TX
BOCA RATON, FL
ISLE OF PALMS, SC
YUMA, AZ
| $5K |
| 2022 |
| The Planetary SocietyTowards the Planetary Academy | Pasadena, CA | $5K | 2022 |
| Van Cliburn FoundationGeneral operating support | Fort Worth, TX | $1K | 2022 |
HOUSTON, TX
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