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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. Total assets have grown from $975K in 2011 to $2.9M in 2024. The foundation is governed by 5 officers and trustees. 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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Texas. According to available records, Bowdon Family Foundation has made 22 grants totaling $1.9M, with a median grant of $13K. Annual giving has decreased from $546K in 2020 to $354K in 2024. Grantmaking activity was highest in 2022 with $714K distributed across 14 grants. Individual grants have ranged from $1K to $500K, with an average award of $88K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Texas and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$136K
Largest Grant
$500K
Based on 4 grants from the most recent 990-PF filing.
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 22 grants. Its grantmaking reaches organizations primarily in TX, CA.
Bowdon Family Foundation has distributed a total of $1.9M across 22 grants. The median grant size is $13K, with an average of $88K. 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 |
|---|---|---|---|---|
| John Wilkinson | Trustee | $0 | $0 | N/A |
| Matthew Bowdon | A. Sec/Trustee | $0 | $0 | N/A |
| Megan Bowdon | Sec/Tr/Trustee | $0 | $0 | N/A |
| Bobbye Jan Bowdon | Trustee | $0 | $0 | N/A |
| Kenneth S Bowdon | Pres/Trustee | $0 | $0 | N/A |
Total Giving
$354K
Total Assets
$2.9M
Fair Market Value
$3.3M
Net Worth
$2.6M
Grants Paid
$354K
Contributions
$2K
Net Investment Income
$308K
Distribution Amount
$71K
Total: $419K
Total Grants
22
Total Giving
$1.9M
Average Grant
$88K
Median Grant
$13K
Unique Recipients
8
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Cedars UnionGeneral operating support | Dallas, TX | $346K | 2024 |
| Van Cliburn FoundationGeneral operating support | Fort Worth, TX | $8K | 2024 |
| Second Thought TheatreGeneral support | Dallas, TX | $1K | 2024 |
| 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 | $5K | 2022 |
| The Planetary SocietyTowards the Planetary Academy | Pasadena, CA | $5K | 2022 |