Ivan Bowen Family Foundation is a private corporation based in BENSON, MN. The foundation received its IRS ruling in 2002. The principal officer is % Robert E Hamilton. It holds total assets of $24.4M. Annual income is reported at $18.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ivan Bowen Family Foundation has made 36 grants totaling $3.8M, with a median grant of $75K. Annual giving has grown from $1.2M in 2020 to $2.6M in 2022. Individual grants have ranged from $25K to $380K, with an average award of $106K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Minnesota, Florida, Maryland, which account for 89% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Ivan Bowen Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in MN, FL, MD.
Ivan Bowen Family Foundation has distributed a total of $3.8M across 36 grants. The median grant size is $75K, with an average of $106K. Individual grants have ranged from $25K to $380K.
Ivan Bowen Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ivan Bowen Family Foundation is headquartered in BENSON, MN. While based in MN, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hazel Bowen | PRESIDENT | $75K | $0 | $75K |
| William J Luzum | TREASURER | $18K | $0 | $18K |
| Robert E Bowen | DIRECTOR | $0 | $0 | $0 |
| Ivan Bowen Iii | DIRECTOR | $0 | $0 | $0 |
Total Giving
$1.4M
Total Assets
$14.8M
Fair Market Value
$19.3M
Net Worth
$14.8M
Grants Paid
$1.2M
Contributions
$0
Net Investment Income
$657K
Distribution Amount
$855K
Total: $14.6M
Total Grants
36
Total Giving
$3.8M
Average Grant
$106K
Median Grant
$75K
Unique Recipients
14
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mayo Clinic FoundationUNRESTRICTED USE | Rochester, MN | $380K | 2022 |
| Avow (Naples Hospice)UNRESTRICTED USE | Naples, FL | $175K | 2022 |
| Conservancy Of Sw FloridaUNRESTRICTED USE | Naples, FL | $125K | 2022 |
| Cystic Fibrosis FoundationUNRESTRICTED USE | Bethesda, MD | $125K | 2022 |
| Minneapolis Heart InstituteUNRESTRICTED USE | Minneapolis, MN | $119K | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Bright Focus FoundationUNRESTRICTED USE | Clarksburg, MD | $100K | 2022 |
| Trust For Public LandUNRESTRICTED USE | St Paul, MN | $75K | 2022 |
| Ascension SchoolUNRESTRICTED USE | Minneapolis, MN | $75K | 2022 |
| Jeremiah Program MspUNRESTRICTED USE | Mpls, MN | $50K | 2022 |
| Farmer To FarmerUNRESTRICTED USE | Glenwood City, WI | $25K | 2022 |
| Northside Acheivement ZoneUNRESTRICTED USE | Mpls, MN | $25K | 2022 |
| Cookie CartUNRESTRICTED USE | Minneapolis, MN | $25K | 2022 |
| Hazeldon FoundationUNRESTRICTED USE | Center City, MN | $50K | 2020 |
| Docs For HopeUNRESTRICTED USE | New Hampton, IA | $46K | 2020 |
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