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Bowen Engineering Corporation Endowment is a private corporation based in INDIANAPOLIS, IN. The foundation received its IRS ruling in 2009. It holds total assets of $1.9M. Annual income is reported at $1.7M. Total assets have grown from $625K in 2010 to $1.6M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Indiana. According to available records, Bowen Engineering Corporation Endowment has made 58 grants totaling $521K, with a median grant of $5K. Annual giving has grown from $89K in 2020 to $107K in 2023. Grantmaking activity was highest in 2022 with $230K distributed across 24 grants. Individual grants have ranged from $2K to $35K, with an average award of $9K. The foundation has supported 20 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$25K
Based on 13 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bowen Engineering Corporation Endowment primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 58 grants. Its grantmaking reaches organizations primarily in IN.
Bowen Engineering Corporation Endowment has distributed a total of $521K across 58 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $2K to $35K.
Bowen Engineering Corporation Endowment typically selects its grantees rather than accepting unsolicited proposals.
Bowen Engineering Corporation Endowment is headquartered in INDIANAPOLIS, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carey Weddle | DIRECTOR | $0 | $0 | N/A |
| A Douglas Bowen | TREASURER | $0 | $0 | N/A |
| Kris Bowen | SECRETARY | $0 | $0 | N/A |
| Robert L Bowen Pe | PRESIDENT | $0 | $0 | N/A |
Total Giving
$115K
Total Assets
$1.6M
Fair Market Value
$1.6M
Net Worth
$1.6M
Grants Paid
$107K
Contributions
$145K
Net Investment Income
$204K
Distribution Amount
$77K
Total: $1.3M
Total Grants
58
Total Giving
$521K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
20
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Brothers Big Sisters Of Central IndianaCHARITABLE SUPPORT | Indianapolis, IN | $35K | 2023 |
| Butler UniversityEDUCATIONAL SUPPORT | Indianapolis, IN | $13K | 2023 |
| The Children'S Museum Of IndianapolisEDUCATIONAL SUPPORT | Indianapolis, IN | $13K | 2023 |
| First Baptist AthleticsCHARITABLE SUPPORT | Indianapolis, IN | $10K | 2023 |
| Shepherd Community CenterCHARITABLE SUPPORT | Indianapolis, IN | $8K | 2023 |
| Martin UniversityEDUCATIONAL SUPPORT | Indianapolis, IN | $5K | 2023 |
| Center For Leadership DevelopmentCHARITABLE SUPPORT | Indianapolis, IN | $5K | 2023 |
| TeenworksCHARITABLE SUPPORT | Indianapolis, IN | $5K | 2023 |
| Tindley Accelerated SchoolsEDUCATIONAL SUPPORT | Indianapolis, IN | $5K | 2023 |
| Indy Aquatic MastersCHARITABLE SUPPORT | Indianapolis, IN | $5K | 2023 |
| Hoosier Art SalonCHARITABLE SUPPORT | Indianapolis, IN | $5K | 2023 |
| Rose Hulman Institute Of TechnologyEDUCATIONAL SUPPORT | Terre Haute, IN | $25K | 2022 |
| Ymca Of Greater IndianapolisCHARITABLE SUPPORT | Indianapolis, IN | $5K | 2022 |
| Ball State UniversityEDUCATIONAL SUPPORT | Muncie, IN | $5K | 2022 |
| United Way Of Central IndianaCHARITABLE SUPPORT | Indianapolis, IN | $5K | 2021 |
| Outreach IncCHARITABLE SUPPORT | Indianapolis, IN | $5K | 2021 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN