Bowen Engineering Corporation Endowment

Private foundation · Grantmaker Indianapolis, IN EIN: 26-2717997

Bowen Engineering Corporation Endowment is a private foundation based in Indianapolis, Indiana. It supports charitable organizations through grants; its 2025 filing states that it makes contributions only to preselected charitable organizations.

Bowen Engineering Corporation Endowment at a glance

In short: Bowen Engineering Corporation Endowment gave $172K across 17 grants in 2025 (avg $10K), mostly in Indiana. 24% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$171,500
+22.9% vs 2024
Grants made (2025)
17
+13.3% vs 2024
Average grant
$10,088
+8.5% vs 2024
Median grant
$5,000
Total assets
$2,458,307
+28.6% vs 2024
New grantees (estimate)
24% first-time grantees (4 of 17, 2025; small sample)
Primary geography
Indiana (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Bowen Engineering Corporation Endowment

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: 8802 North Meridian Street, Indianapolis, IN 46260
Phone: (317) 842-2616

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Bowen Engineering Corporation Endowment funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Big Brothers Big Sisters of Central Indiana: $55KBig Brothers Big Sisters ofCentral Indiana$55KButler University: $22KButler University$22KBoiler Built Fund: $15KBoiler Built Fund$15KThe Children's Museum of Indianapolis: $13KThe Children's Museum ofIndianapolis$13KFirst Baptist Athletics: $10KFirst Baptist Athletics$10KThe Lawnmower Project: $8KThe Lawnmower Project$8KBall State Foundation: $5KBall State Foundation$5KCenter for Leadership Development: $5KCenter for LeadershipDevelopment$5KHolliday Park Foundation: $5KHolliday Park Foundation$5KHoosier Art Salon: $5KHoosier Art Salon$5K

The largest 2025 recipient was Big Brothers Big Sisters of Central Indiana ($55K). Together the top 10 received $142K.

Grant Size Distribution

65 grants across all recorded years

63<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 63 grants of 65 (97%).

Geographic Focus

Where this funder awards grants

All reported grant dollars in filing year 2025 went to recipients in Indiana.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 17 itemized grants.

States

Cities

IndianapolisMuncieTerre HauteWest Lafayette

Is Bowen Engineering Corporation Endowment open to new grantees?

24%

first-time grantees, 2025

In 2025, 4 of 17 grantees (24%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $8K; repeat grants $11K. How we count

Medians: $7K first-time, $5K repeat.

  • 76% of 2025 grantees were also funded in 2024. Method
  • Giving grew 49% from 2022 to 2025. Method
  • In 2025 it paid out 166% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K10 grants2019 13 grants2020 10 grants2021 12 grants2022 11 grants2023 15 grants2024 17 grants2025

From 2019 to 2025, annual grant giving ranged from $75K (2019) to $172K (2025). In 2025 it made 17 grants totaling $172K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Big Brothers Big Sisters of Central Indiana Indianapolis, INCharitable Support$55,000
Butler University Indianapolis, INEducational Support$21,500
Boiler Built Fund West Lafayette, INEducational Support$15,000
The Children's Museum of Indianapolis Indianapolis, INEducational Support$12,500
First Baptist Athletics Indianapolis, INCharitable Support$10,000
The Lawnmower Project Indianapolis, INCharitable Support$8,000
Ball State Foundation Muncie, INEducational Support$5,000
Center for Leadership Development Indianapolis, INCharitable Support$5,000
Holliday Park Foundation Indianapolis, INCharitable Support$5,000
Hoosier Art Salon Indianapolis, INCharitable Support$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,458,307$608,246$187,707$171,50017$171,988$92,999$103,332
2024$1,911,131$394,012$155,544$139,50015$140,000$66,808$83,297
2023$1,633,467$357,293$115,212$107,00011$107,000$204,081$76,621
2022$1,507,632$221,142$126,256$115,00012$115,000$20,619$74,934
2021$1,688,730$377,189$104,620$95,00010$95,000$89,019$70,934
2020$1,375,141$239,565$96,082$88,50013—$8,864$53,581
2019$1,038,491$192,171$80,611$74,50010—$12,072$42,124

Under IRS private-foundation payout rules, Bowen Engineering Corporation Endowment reported a distributable amount of $103K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants went to organizations whose own missions include education, youth development, recreation, arts and sciences learning, and aquatic fitness. For example, Butler University describes its mission as fostering an intellectual learning environment and preparing learners to lead meaningful lives. The Children’s Museum of Indianapolis says it creates learning experiences across the arts, sciences, and humanities for children and families. The Center for Leadership Development says it advances minority youth as future leaders through personal development and educational attainment.

Grantmaking

In filing year 2025, the foundation reported 17 grants totaling $171,500. Grant amounts ranged from $2,000 to $55,000, with a median of $5,000.

Among its largest reported grants were $55,000 to Big Brothers Big Sisters of Central Indiana for charitable support, $21,500 to Butler University for educational support, $15,000 to Boiler Built Fund for educational support, and $12,500 to The Children’s Museum of Indianapolis for educational support. Other reported grants included $10,000 to First Baptist Athletics and $8,000 to The Lawnmower Project, both for charitable support. The foundation also gave $5,000 each to Ball State Foundation, Center for Leadership Development, Holliday Park Foundation, Hoosier Art Salon, Indy Aquatic Masters, and Jordan YMCA.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Robert L. Bowen, PE, as president; Kris Bowen as secretary; A. Douglas Bowen as treasurer; and Carey Weddle as director.

Bowen Engineering Corporation Endowment is led by Robert L. Bowen Pe, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Robert L. Bowen Pe

    President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Carey Weddle

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • A. Douglas Bowen

    Treasurer

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Kris Bowen

    Secretary

    On filings since 2019

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Scot Evans (2019–2022) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Bowen Engineering Corporation Endowment

How much does Bowen Engineering Corporation Endowment give each year?

Bowen Engineering Corporation Endowment gave $172K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $140K across 15 grants.

What is Bowen Engineering Corporation Endowment's typical grant size?

Bowen Engineering Corporation Endowment's median grant in 2025 was $5,000, and its average grant was $10,088, across 17 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Bowen Engineering Corporation Endowment that year got $8K on average.

Where does Bowen Engineering Corporation Endowment give grants?

Bowen Engineering Corporation Endowment gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Indianapolis, IN (14 grants) and West Lafayette, IN (2 grants).

Does Bowen Engineering Corporation Endowment give general operating support?

Not in 2025: none of the 17 grants with a stated purpose on Bowen Engineering Corporation Endowment's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Support" (10 grants) and "Educational Support" (7 grants).

Who are Bowen Engineering Corporation Endowment's largest grantees?

Bowen Engineering Corporation Endowment's largest 2025 grantees include Big Brothers Big Sisters of Central Indiana ($55,000), Butler University ($21,500) and Boiler Built Fund ($15,000), according to its 2025 IRS Form 990-PF. Together they received 53% of its itemized 2025 grant dollars.

How large is Bowen Engineering Corporation Endowment?

Bowen Engineering Corporation Endowment reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $172K in qualifying distributions that year, against a required minimum of $103K (roughly 5% of its investment assets).

What does Bowen Engineering Corporation Endowment fund?

No mission statement for the foundation is provided. Its 2025 grants went to organizations whose own missions include education, youth development, recreation, arts and sciences learning, and aquatic fitness. See mission & focus areas ↑

How do I apply for a grant from Bowen Engineering Corporation Endowment?

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Bowen Engineering Corporation Endowment's EIN?

Bowen Engineering Corporation Endowment's EIN (Employer Identification Number) is 26-2717997. IRS Form 990 filing data is available on this page for 2019–2025.

Does Bowen Engineering Corporation Endowment accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 1, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS May 12, 2020)
  4. Added Form 990-PF for fiscal year 2020 (received by the IRS May 15, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 2, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)

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Cite this profile

Grantable. (2026). Bowen Engineering Corporation Endowment funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/bowen-engineering-corporation-endowment-morg_c833da413fab49d79fe74842a66dac20

BibTeX
@misc{grantable_262717997_2026,
  author       = {{Grantable}},
  title        = {{Bowen Engineering Corporation Endowment funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/bowen-engineering-corporation-endowment-morg_c833da413fab49d79fe74842a66dac20},
  note         = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Bowen Engineering Corporation Endowment's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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