Bowen Family Foundation Inc
Bowen Family Foundation Inc is a private foundation based in Indianapolis, Indiana, established in 1993. The organization is dedicated to helping children and families by connecting them with love, support, resources, and opportunities to improve their lives. The foundation operates with a belief that music heals and uses this philosophy to guide its philanthropic work.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
+8.0% YoY
Annual Giving
$281K
-15.0% YoY
Grant Count
5
-77.3% YoY
Avg Grant Size
$56K
+274.0% YoY
Mission & Focus Areas
The foundation's mission centers on helping children and families get the love, support, resources, and opportunities they need to create better lives for themselves.
Primary funding focus areas include:
- Education
- Higher education
- Human Services
- Philanthropy, Voluntarism & Grantmaking
Grantmaking
The foundation provides scholarship awards paid directly to colleges and universities for graduating seniors who are residents of Marion County, Indiana.
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Geographic Focus
Where this funder awards grants
The foundation provides funding across multiple U.S. locations, with primary focus areas including:
- California
- Florida
- Maryland
- North Carolina
- Nevada
- New York
- South Carolina
- Tennessee
- Texas
- Virginia
The foundation maintains a particular emphasis on Marion County, Indiana for scholarship programs.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $3,611,314 |
| Total Giving (2024) | $280,750 |
| Revenue | $347,803 |
| Expenses | $374,551 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,611,314 | $3,344,398 | $3,438,791 |
| Revenue | $752,342 | $347,803 | $438,348 |
| Expenses | $324,651 | $374,551 | $523,098 |
| Qualifying Distributions | $282,632 | $330,950 | $450,550 |
| Net Investment Income | $515,629 | $205,637 | $177,039 |
| Distributable Amount | $179,093 | $171,876 | $184,428 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
92 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Terry L. Bowen – Chairman
- Robert L. Bowen – Treasurer
Leadership team members serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERRY L BOWEN | CHAIRMAN | — | — |
| ROBERT L BOWEN | TREASURER | — | — |
| STACY L STATER | VICE CHAIRMAN | — | — |
| JULIE ANNE BOWEN | SECRETARY | — | — |
| KRISTIN BOWEN ROBERTS | DIRECTOR | — | — |
| CHRISTOPHER STATER | DIRECTOR | — | — |
| MURVIN ENDERS | DIRECTOR | — | — |
| JOYCE Q ROGERS | DIRECTOR | — | — |
Contact Information
Address: 8239 Clearwater Pointe, Indianapolis, IN 46240-4916
Phone: 317-842-1639
Website: bowenfamilyfoundation.org
EIN: 35-1906672
IRS Ruling Year: 1994
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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