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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. Total assets have grown from $8K in 2011 to $24.4M in 2024. 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 2024. The foundation primarily funds organizations in Minnesota, Maryland and Florida. 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.
Smallest Grant
$25K
Median Grant
$50K
Average Grant
$113K
Largest Grant
$640K
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.
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 | N/A |
| Ivan Bowen Iii | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$24.4M
Fair Market Value
N/A
Net Worth
$24.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| 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 |
| Cookie CartUNRESTRICTED USE | Minneapolis, MN | $25K | 2022 |
| Northside Acheivement ZoneUNRESTRICTED USE | Mpls, MN | $25K | 2022 |
| Farmer To FarmerUNRESTRICTED USE | Glenwood City, WI | $25K | 2022 |
| Hazeldon FoundationUNRESTRICTED USE | Center City, MN | $50K | 2020 |
| Docs For HopeUNRESTRICTED USE | New Hampton, IA | $46K | 2020 |