RIDGELAND, MS
Bower Foundation
Quick Facts
- EIN
- 640540635
- Location
- RIDGELAND, MS
- Category
- Health
- Total Assets
- $119.7M
- Annual Income
- $13M
- IRS Ruling Year
- 1975
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
Bower Foundation is a private corporation based in RIDGELAND, MS. The foundation received its IRS ruling in 1975. It holds total assets of $119.7M. Annual income is reported at $13M. The foundation operates in the area of health. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$6.7M
2023+30%
Total Assets
$113.2M
2023+13%
Fair Market Value
$111.8M
2023
Net Worth
$108.7M
2023
Grants Paid
$5.7M
2023
Contributions
$0
2023
Net Investment Income
$2.2M
2023
Distribution Amount
$5.2M
2023
Total Giving by Year
$5M
11$3.7M
12$5.4M
13$5.5M
14$8.1M
15$1.6M
19$3.7M
20$4.5M
21$5.2M
22$6.7M
23Asset Growth
$77.8M
11$83.2M
12$94.6M
13$95.5M
14$88.5M
15$103.1M
19$112.1M
20$125.7M
21$100.4M
22$113.2M
23Investment Portfolio (2023)
Total: $0
Other Investments: $103.4M
Cash: $170K
Other Investments (100%)
Cash (0%)
Expense Breakdown (2023)
Grants Paid$5.7M
Officer Compensation$449K
Pension & Benefits$115K
Occupancy$80K
Depreciation$32K
Accounting Fees$20K
Legal Fees$8K
Printing & Publications$72
Revenue Sources (2023)
- Dividends
- $1.8M
- Interest
- $473K
- Capital Gains (Net)
- $310K
- Other Income
- $29
Financial Details (2023)
- Total Revenue
- $2.6M
- Total Expenses
- $6.7M
- Exempt Purpose Expenses
- $5.3M
- Required Distribution
- $5.2M
- Undistributed Income
- $5M
- Grants Approved (Future)
- $3.3M
- Total Liabilities
- $4.5M
- Excise Tax
- $31K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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