Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Bowen Family Foundation Inc. is a private corporation based in INDIANAPOLIS, IN. The foundation received its IRS ruling in 1994. The principal officer is Robert L Bowen. It holds total assets of $3.8M. Annual income is reported at $1.9M. Total assets have grown from $2.1M in 2011 to $3.3M in 2023. The foundation is governed by 8 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Indiana and California. According to available records, Bowen Family Foundation Inc. has made 66 grants totaling $1.3M, with a median grant of $3K. Annual giving has grown from $417K in 2021 to $855K in 2022. Individual grants have ranged from $500 to $155K, with an average award of $19K. The foundation has supported 36 unique organizations. The foundation primarily supports organizations in Indiana, North Carolina, Nevada, which account for 79% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Bowen Family Foundation Inc. is a small, family-controlled private foundation (EIN 35-1906672, founded 1993 by Robert L. Bowen, founder/CEO of Bowen Engineering, and his wife Terry) that operates primarily through personal relationships rather than a competitive RFP process. The board is entirely family and close associates — Terry L. Bowen (Chairman), Robert L. Bowen (Treasurer), Stacy L. Stater (Vice Chairman), Julie Anne Bowen (Secretary), plus directors Kristin Bowen Roberts, Christopher Stater, Murvin Enders, and Joyce Q. Rogers — with zero reported officer compensation, a strong signal this is a hands-on giving vehicle, not a staffed institution. Of the foundation's 66 tracked grants totaling $1.27M, four Indiana higher-ed institutions (Indiana University Foundation, Purdue University, Ivy Tech Community College Foundation, and Ivy Tech directly) account for over $1M — roughly 80% of all dollars — via multi-year scholarship commitments. The remaining ~50 grants are small ($500–$10,000) program-support gifts to Indianapolis-area human-services, faith, health, and youth organizations. First-time applicants should understand two realities at once: the foundation's own materials describe it as invitation-only and relationship-based, yet it maintains a real online application window (April 1–September 30, decisions in November) built by digital agency Orbital Lab. The practical path in is a warm introduction — through Ivy Tech, IUPUI/Indiana University, Purdue, or an existing Indianapolis grantee — followed by a formal application in that window. Organizations without any Indiana or Bowen-network connection face a steep climb; the grantee list shows almost no cold-application wins. Typical relationship progression looks like: informal contact or referral → formal online application (501(c)(3) proof + W-9 + narrative) → board review → notification in November, with repeat, escalating support common (Ivy Tech received $34,500 in a small program grant, later a $1M capital commitment).
Grant sizes at Bowen Family Foundation are bimodal. The foundation's own typical-grant-size data shows a median of just $2,500 (range $1,000–$130,000, average $16,444 across 18 tracked awards), reflecting a high volume of modest program-support gifts. But the top-50 grantee list tells a different story in dollar terms: Indiana University Foundation ($311,500 across 3 grants), Purdue University ($274,500/3 grants), Ivy Tech Community College Foundation ($273,200/2 grants), and Ivy Tech directly ($155,052/1 grant) combine for $1,014,252 — about 80% of the $1,272,502 in total tracked giving — all under a "SCHOLARSHIPS" purpose code. Every other grantee, from Marion University ($63,000/3 grants) down to $500 one-time gifts (Let's Saddle Up, People Helping People Network), falls under "PROGRAM SUPPORT" and averages roughly $2,600 per grant. Geographically, Indiana dominates with 40 of 66 grants, followed by North Carolina (9, likely tied to the Stater family branch/Charlotte area — see Crisis Assistance Ministry, Matthews Free Medical Clinic, Children's Cancer Partner of the Carolinas), South Carolina (7), California and Nevada (3 each), and single grants in Florida, Tennessee, Texas, and Virginia. Foundation-level financials show total giving climbing from $170,495 (FY2011) to a peak of $523,098 (FY2022), dipping to $374,551 (FY2023, on $330,250 in grants paid against $3.34M in assets), then reportedly rising to roughly $471,500 in 2025 per third-party 990 tracking — consistent with the foundation ramping toward its two 2026 Ivy Tech capital commitments ($1M Indianapolis, $200K Terre Haute). Net investment income ($205,637 in FY2023) plus periodic large contributions (e.g., $492,000 received in FY2012) fund the endowment, which has hovered in the $2.6M–$3.8M range for over a decade — this is not a growth-stage foundation, so expect steady, not expanding, capacity.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Bowen Family Foundation Inc. | ~$3.79M | ~$375K–$472K (FY2023–2025) | Indiana higher-ed scholarships + Indianapolis human services | Invitation-heavy, but open window Apr 1–Sep 30 |
| Nina Mason Pulliam Charitable Trust | ~$441M | ~$20M–$27M/yr | Education, housing, conservation, animal welfare (IN + AZ) | Open, competitive LOI process |
| Glick Philanthropies (Glick Family/Housing Foundations) | ~$439M (Housing Foundation) | ~$19.5M/yr | Housing, human services, education, central Indiana | Primarily invited, some open funds via CICF |
| Christel DeHaan Family Foundation | $0 (sunset, closed 2023) | $54M final-year distribution | Education, scholarships, Indianapolis arts/civic | Was invitation-only; now inactive |
Bowen operates at roughly 1% of the asset base and 2% of the annual giving of Indianapolis's major education funders like Nina Mason Pulliam or Glick Philanthropies — it cannot fund at their scale, but it also carries none of their competitive-process overhead. Its closest functional peer is arguably the now-closed Christel DeHaan Family Foundation in its early, smaller years: a founder-driven, scholarship-anchored family vehicle that scaled its signature program (DeHaan's arts/civic work; Bowen's Ivy Tech Scholars model) well before it scaled its grantmaking apparatus. For grant seekers, the practical implication is that Bowen rewards depth of relationship over breadth of appeal — a strategy that would get lost in a $20M+ RFP pool at Pulliam or Glick can still land at Bowen if it fits the family's existing Ivy Tech/IU/Purdue-centered giving pattern.
The foundation's most significant recent news is a pair of 2026 capital commitments to Ivy Tech Community College: a $1 million pledge to build a dedicated home for the Bowen Scholars Program at Ivy Tech Indianapolis (funding a scholar suite and supporting the broader "Ivy Tech Indy: Reimagined for the Future" renovation), reported by Inside INdiana Business, WISH-TV, and Ivy Tech's own newsroom, plus a separate $200,000 commitment to launch a new Bowen Scholars Program at Ivy Tech's Terre Haute campus. Both extend a partnership that began in 2009 as a scholarship-only program at Ivy Tech Central Indiana and expanded in 2011 into a full wraparound student-support model (tutoring, career services, and a $1,250-per-semester living allowance for scholars) — the same structure IUPUI adopted in 2014. Earlier, in the 2022–2023 window, the foundation retained digital agency Orbital Lab to rebuild its web presence and application intake process (covered by PR Newswire), which appears to be the origin of the current April–September application window and online portal — a shift from a purely word-of-mouth model toward at least a semi-formal process. No leadership changes have surfaced in available records; the board composition (Terry and Robert Bowen, Stacy Stater, Julie Anne Bowen, Kristin Bowen Roberts, Christopher Stater, Murvin Enders, Joyce Q. Rogers) appears stable across the available filings. No 2025 program-support grant announcements beyond the Ivy Tech gifts turned up in press searches, suggesting the family's public-facing narrative in 2025–2026 has centered almost entirely on the Scholars Program expansion rather than the smaller human-services portfolio.
Apply within the stated window: the foundation's application portal is open April 1 through September 30, with award decisions announced in November — plan a submission well before the September close, since a foundation this small with an all-family board likely reviews applications in batches rather than continuously. Required materials are lean but non-negotiable: 501(c)(3) determination letter and a current W-9 (both capped at 50MB uploads), plus a narrative covering your mission, annual client count, the specific dollar amount requested, and exactly how funds will be used — vague budget narratives are a mismatch for a founder-run foundation that built its reputation funding a very concrete, outcomes-tracked program (Bowen Scholars). Do not apply for individual scholarships or direct-to-student aid — the foundation explicitly states it does not fund individuals; frame any education request as institutional or programmatic (tuition-support infrastructure, wraparound services, emergency-aid funds administered by the college) the way Ivy Tech and IU Foundation have successfully done for over a decade. Geographic and relational fit matters more than polish: 40 of 66 tracked grants went to Indiana organizations, with Indianapolis/Marion County the clear center of gravity; a secondary North Carolina cluster (Crisis Assistance Ministry, Matthews Free Medical Clinic) suggests a personal connection (likely the Stater family) rather than an open regional priority — don't read it as a second core market. The single biggest mistake an unconnected applicant can make is treating this like a competitive open RFP funder: the grantee list shows a foundation that reinvests heavily and repeatedly in the same handful of institutions (Ivy Tech alone spans a $34,500 program grant, a $155,052 direct scholarship gift, and now a $1M capital pledge) rather than spreading dollars across many first-time relationships. If you don't have an existing tie to the Bowens, Ivy Tech, IU, or Purdue, your strongest opening move is a warm introduction through one of those institutions or an existing Indianapolis grantee (Goodwill Industries Foundation of Central Indiana, Gleaners Food Bank, Sagamore Institute) before submitting cold through the portal. Keep dollar asks calibrated to the two real tiers this funder operates in: $500–$10,000 for general program support, or a multi-year, capital-scale ask ($50K+) only if you can present the kind of durable, trackable program the Bowens have already built at Ivy Tech.
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$16K
Largest Grant
$130K
Based on 18 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.
Grant sizes at Bowen Family Foundation are bimodal. The foundation's own typical-grant-size data shows a median of just $2,500 (range $1,000–$130,000, average $16,444 across 18 tracked awards), reflecting a high volume of modest program-support gifts. But the top-50 grantee list tells a different story in dollar terms: Indiana University Foundation ($311,500 across 3 grants), Purdue University ($274,500/3 grants), Ivy Tech Community College Foundation ($273,200/2 grants), and Ivy Tech directly (.
Bowen Family Foundation Inc. has distributed a total of $1.3M across 66 grants. The median grant size is $3K, with an average of $19K. Individual grants have ranged from $500 to $155K.
Bowen Family Foundation Inc. is a small, family-controlled private foundation (EIN 35-1906672, founded 1993 by Robert L. Bowen, founder/CEO of Bowen Engineering, and his wife Terry) that operates primarily through personal relationships rather than a competitive RFP process. The board is entirely family and close associates — Terry L. Bowen (Chairman), Robert L. Bowen (Treasurer), Stacy L. Stater (Vice Chairman), Julie Anne Bowen (Secretary), plus directors Kristin Bowen Roberts, Christopher Sta.
Bowen Family Foundation Inc. is headquartered in INDIANAPOLIS, IN. While based in IN, the foundation distributes grants to organizations across 9 states.
Get a weekly digest of new grants for organizations like yours
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joyce Q Rogers | DIRECTOR | $0 | $0 | N/A |
| Terry L Bowen | CHAIRMAN | $0 | $0 | N/A |
| Robert L Bowen | TREASURER | $0 | $0 | N/A |
| Stacy L Stater | VICE CHAIRMAN | $0 | $0 | N/A |
| Julie Anne Bowen | SECRETARY | $0 | $0 | N/A |
| Kristin Bowen Roberts | DIRECTOR | $0 | $0 | N/A |
| Christopher Stater | DIRECTOR | $0 | $0 | N/A |
| Murvin Enders | DIRECTOR | $0 | $0 | N/A |
Total Giving
$375K
Total Assets
$3.3M
Fair Market Value
$3.7M
Net Worth
$3.3M
Grants Paid
$330K
Contributions
$100K
Net Investment Income
$206K
Distribution Amount
$172K
Total: $3M
Total Grants
66
Total Giving
$1.3M
Average Grant
$19K
Median Grant
$3K
Unique Recipients
36
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist ChurchPROGRAM SUPPORT | Indianapolis, IN | $10K | 2022 |
| Builders BridgePROGRAM SUPPORT | Monroe, NC | $3K | 2022 |
| Ivy Tech Community College FoundationSCHOLARSHIPS | Indianapolis, IN | $137K | 2022 |
| Indiana University FoundationSCHOLARSHIPS | Indianapolis, IN | $113K | 2022 |
| Purdue UniversitySCHOLARSHIPS | West Lafayette, IN | $90K | 2022 |
| Marion UniversityPROGRAM SUPPORT | Indianapolis, IN | $27K | 2022 |
| Ivy Tech Community CollegePROGRAM SUPPORT | Indianapolis, IN | $17K | 2022 |
| University Of IndianapolisPROGRAM SUPPORT | Indianapolis, IN | $9K | 2022 |
| Head StrongPROGRAM SUPPORT | Indianapolis, IN | $5K | 2022 |
| Indiana Sate UniversityPROGRAM SUPPORT | Terre Haute, IN | $3K | 2022 |
| Matthews Free Medical ClinicPROGRAM SUPPORT | Matthews, NC | $3K | 2022 |
| Skiduck Skiing For Disabled And Underprivileged Children And OlderPROGRAM SUPPORT | Reno, NV | $3K | 2022 |
| Crisis Assistance MinistryPROGRAM SUPPORT | Charlotte, NC | $3K | 2022 |
| Children'S Cancer Partner Of The CarolinasPROGRAM SUPPORT | Spartanburg, SC | $2K | 2022 |
| Young LifePROGRAM SUPPORT | Indianapolis, IN | $2K | 2022 |
| Sagamore Institute IncPROGRAM SUPPORT | Indianapolis, IN | $1K | 2022 |
| Gleaners Food BankPROGRAM SUPPORT | Indianapolis, IN | $1K | 2022 |
| International Community FoundationPROGRAM SUPPORT | National City, CA | $1K | 2022 |
| Partners In Animal Care IncPROGRAM SUPPORT | Greenville, SC | $500 | 2022 |
| Ivy TechSCHOLARSHIPS | Indianapolis, IN | $155K | 2021 |
| IupuiPROGRAM SUPPORT | Indianapolis, IN | $24K | 2021 |
| Forgotten Children WorldwidePROGRAM SUPPORT | Bluffton, IN | $5K | 2021 |
| Mud Creek Conservancy IncPROGRAM SUPPORT | Indianapolis, IN | $5K | 2021 |
| Goodwill Industries Foundation Of Central IndianaPROGRAM SUPPORT | Indianapolis, IN | $5K | 2021 |
| Seal Legacy FoundationPROGRAM SUPPORT | Austin, TX | $5K | 2021 |