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Also known as: C/O WILMINGTON TRUST COMPANY
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Fulton Owen Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2009. The principal officer is Michael Owen. It holds total assets of $5.7M. Annual income is reported at $1.7M. Total assets have grown from $292K in 2011 to $5.7M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in North Carolina, South Carolina and Virginia. According to available records, Fulton Owen Foundation has made 13 grants totaling $409K, with a median grant of $16K. Annual giving has grown from $30K in 2021 to $276K in 2023. Individual grants have ranged from $10K to $69K, with an average award of $31K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in North Carolina, Virginia, Georgia, which account for 69% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$5K
Based on 3 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.
Fulton Owen Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NC, VA, GA.
Fulton Owen Foundation has distributed a total of $409K across 13 grants. The median grant size is $16K, with an average of $31K. Individual grants have ranged from $10K to $69K.
The application deadline is 12/31.
Fulton Owen Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jack Xu | Director | $0 | $0 | N/A |
| Michael Owen | Director | $0 | $0 | N/A |
| Jennie F Owen | Director | $0 | $0 | N/A |
| Albert W Owen Jr | Director | $0 | $0 | N/A |
| Lindsey O Xu | Director | $0 | $0 | N/A |
| Rebecca D Owen | Director | $0 | $0 | N/A |
Total Giving
$308K
Total Assets
$5.7M
Fair Market Value
$5.8M
Net Worth
$5.7M
Grants Paid
$276K
Contributions
N/A
Net Investment Income
$104K
Distribution Amount
$275K
Total: $5.5M
Total Grants
13
Total Giving
$409K
Average Grant
$31K
Median Grant
$16K
Unique Recipients
13
Most Common Grant
$69K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wounded Warrior ProjectGENERAL PURPOSE | Topeka, KS | $69K | 2023 |
| Shriners ChildrensGENERAL PURPOSE | Atlanta, GA | $69K | 2023 |
| Feed MoreGENERAL PURPOSE | Richmond, VA | $69K | 2023 |
| Families Forward CharlotteGENERAL PURPOSE | Charlotte, NC | $69K | 2023 |
| St Jude Childrens Research HospitalSUPPORT | Memphis, TN | $35K | 2022 |
| The Allegro FoundationSUPPORT | Charlotte, NC | $16K | 2022 |
| Heart Math TutoringSUPPORT | Charlotte, NC | $16K | 2022 |
| ChildsaversSUPPORT | Richmond, VA | $12K | 2022 |
| Childrens Home Society Of VirginiaSUPPORT | Richmond, VA | $12K | 2022 |
| The Literacy LabSUPPORT | Washington, DC | $12K | 2022 |
| Ronald Mcdonald House Charities Of RichmGENERAL PURPOSE | Richmond, VA | $10K | 2021 |
| Tunnel To Towers FoundationGENERAL PURPOSE | Staten Island, NY | $10K | 2021 |
| Shelter Health ServicesGENERAL PURPOSE | Charlotte, NC | $10K | 2021 |