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The Owens Family Foundation is a private corporation based in NORWELL, MA. The foundation received its IRS ruling in 2001. The principal officer is Edward P Owens. It holds total assets of $36.2M. Annual income is reported at $4.6M. Total assets have grown from $8.9M in 2011 to $35.2M in 2023. The foundation is governed by 3 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 2023. The foundation primarily funds organizations in Massachusetts and Virginia. According to available records, The Owens Family Foundation has made 10 grants totaling $2.2M, with a median grant of $75K. Individual grants have ranged from $10K to $1.4M, with an average award of $222K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Virginia and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$75K
Average Grant
$212K
Largest Grant
$1.4M
Based on 10 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.
The Owens Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in VA, MA.
The Owens Family Foundation has distributed a total of $2.2M across 10 grants. The median grant size is $75K, with an average of $222K. Individual grants have ranged from $10K to $1.4M.
The Owens Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Owens Family Foundation is headquartered in NORWELL, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John E Owens | TRUSTEE | $0 | $0 | N/A |
| Linda B Owens | TRUSTEE | $0 | $0 | N/A |
| Edward P Owens | TRUSTEE | $0 | $0 | N/A |
Total Giving
$2.4M
Total Assets
$35.2M
Fair Market Value
$37.8M
Net Worth
$35.2M
Grants Paid
$2.4M
Contributions
$1.1M
Net Investment Income
$2.2M
Distribution Amount
$1.8M
Total Grants
10
Total Giving
$2.2M
Average Grant
$222K
Median Grant
$75K
Unique Recipients
10
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VirginiaTHE COLLEGE FUND | Charlottesville, VA | $1.4M | 2022 |
| Marine Biological LabSCIENTIFIC RESEARCH | Woods Hole, MA | $389K | 2022 |
| Whitehead Institute For Biomedical ResearchSCIENTIFIC RESEARCH | Cambridge, MA | $100K | 2022 |
| Mass Audubon Sacred HeartsUNRESTRICTED CONTRIBTUION | Wareham, MA | $100K | 2022 |
| Nvna & HospiceGERRY SANDERSON EDUCATION FUND | Norwell, MA | $100K | 2022 |
| South Shore Health System FoundationUNRESTRICTED CONTRIBUTION | South Weymouth, MA | $50K | 2022 |
| President And Fellows Of Harvard CollegeHARVARD BUSINESS SCHOOL HBS FUND | Cambridge, MA | $25K | 2022 |
| Focused Ultrasound FoundationUNRESTRICTED CONTRIBUTION | Charlottesville, VA | $25K | 2022 |
| Historic New EnglandUNRESTRICTED CONTRIBUTION | Boston, MA | $10K | 2022 |
| Buzzards Bay CoalitionUNRESTRICTED CONTRIBUTION | New Bedford, MA | $10K | 2022 |