Bowen Family Foundation Inc
Bowen Family Foundation Inc is a private foundation based in Indianapolis, Indiana. Its 2025 filing lists grants for scholarships to colleges and universities.
Bowen Family Foundation Inc at a glance
In short: Bowen Family Foundation Inc gave $472K across 7 grants in 2025 (avg $67K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $471,500
- +67.9% vs 2024
- Grants made (2025)
- 7
- +40.0% vs 2024
- Average grant
- $67,357
- +20.0% vs 2024
- Median grant
- $55,500
- Total assets
- $3,793,628
- +5.0% vs 2024
- 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.
How to apply to Bowen Family Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 9809 Cherrybark Lane, Indianapolis, IN 46268
Phone: (317) 842-1639
Website: https://bowenfamilyfoundation.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Bowen Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Purdue University ($75K). Together the top 6 received $211K.
Organizations only. It also paid 1 individual scholarship ($260,750), which are not listed by name.
Grant Size Distribution
81 grants across all recorded years
The most common grant size was under $50K: 67 grants of 81 (83%).
Geographic Focus
Where this funder awards grants
The 2025 filing lists recipients in Indiana and one recipient, CIEE, in Maine.
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
How Bowen Family Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 227% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $281K (2024) to $472K (2025). In 2025 it made 7 grants totaling $472K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $260,750 |
| Purdue University West Lafayette, IN | Scholarships | $75,000 |
| Indiana University Foundation Indianapolis, IN | Scholarships | $72,750 |
| Marion University Indianapolis, IN | Scholarships | $55,500 |
| University of Indianapolis Indianapolis, IN | Scholarships | $4,500 |
| Ciee Portland, ME | Scholarships | $1,500 |
| Indiana University Bloomington, IN | Scholarships | $1,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,793,628 | $841,509 | $530,481 | $471,500 | 7 | $472,762 | $196,926 | $208,011 |
| 2024 | $3,611,314 | $752,342 | $324,651 | $280,750 | 5 | $282,632 | $515,629 | $179,093 |
| 2023 | $3,344,398 | $347,803 | $374,551 | $330,250 | 22 | $330,950 | $205,637 | $171,876 |
| 2022 | $3,438,791 | $438,348 | $523,098 | $427,600 | 19 | $450,550 | $177,039 | $184,428 |
| 2021 | $3,555,629 | $560,730 | $497,734 | $417,302 | 28 | $417,302 | $282,426 | $207,041 |
| 2020 | $3,492,633 | $308,822 | $353,831 | $296,000 | 18 | — | $102,262 | $185,217 |
Under IRS private-foundation payout rules, Bowen Family Foundation Inc reported a distributable amount of $208K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The filing lists scholarships as the purpose of the foundation’s 2025 grants. The Indiana University Foundation, which received a grant, describes its mission as maximizing private philanthropic support for Indiana University through stakeholder relationships, advancement leadership, and fundraising services. The University of Indianapolis, also a 2025 grantee, describes its mission as championing lifelong learning through relevant and innovative education.
Grantmaking
In 2025, the foundation reported 7 grants totaling $471,500. Grant amounts ranged from $1,500 to $260,750, with a median of $55,500. The largest grants listed were $260,750 to an individual recipient Community College Foundation for scholarships, $75,000 to Purdue University for scholarships, $72,750 to Indiana University Foundation for scholarships, and $55,500 to Marion University for scholarships. The University of Indianapolis received $4,500, and CIEE and Indiana University each received $1,500; all were listed for scholarships.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Terry L. Bowen as chairman, Robert L. Bowen as treasurer, Stacy L. Stater as vice chairman, and Julie Anne Bowen as secretary. It also lists Kristin Bowen Roberts, Christopher Stater, Murvin Enders, and Joyce Q. Rogers as directors.
Bowen Family Foundation Inc is led by Terry L. Bowen, Chairman on every filing since 2020; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Terry L. Bowen
Chairman
On filings since 2020
No compensation reported
Christopher Stater
Director
On filings since 2020
No compensation reported
Joyce Q. Rogers
Director
On filings since 2020
No compensation reported
Kristin Bowen Roberts
Director
On filings since 2020
No compensation reported
Murvin Enders
Director
On filings since 2020
No compensation reported
Julie Anne Bowen
Secretary
On filings since 2020
No compensation reported
Robert L. Bowen
Treasurer
On filings since 2020
No compensation reported
Stacy L. Stater
Vice Chairman
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Family Foundation Inc
How much does Bowen Family Foundation Inc give each year?
Bowen Family Foundation Inc gave $472K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $281K across 5 grants.
What is Bowen Family Foundation Inc's typical grant size?
Bowen Family Foundation Inc's median grant in 2025 was $55,500, and its average grant was $67,357, across 7 grants on its 2025 IRS Form 990-PF.
Where does Bowen Family Foundation Inc give grants?
Bowen Family Foundation Inc 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 (3 grants).
Does Bowen Family Foundation Inc give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Bowen Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (7 grants).
Who are Bowen Family Foundation Inc's largest grantees?
Bowen Family Foundation Inc's largest 2025 grantees include Purdue University ($75,000), Indiana University Foundation ($72,750) and Marion University ($55,500), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($260,750), which are not listed by name. Together they received 43% of its itemized 2025 grant dollars.
How large is Bowen Family Foundation Inc?
Bowen Family Foundation Inc reported $3.8M in total assets on its 2025 IRS Form 990-PF. It paid out $473K in qualifying distributions that year, against a required minimum of $208K (roughly 5% of its investment assets).
What does Bowen Family Foundation Inc fund?
The filing lists scholarships as the purpose of the foundation’s 2025 grants. See mission & focus areas ↑
How do I apply for a grant from Bowen Family Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Bowen Family Foundation Inc's EIN?
Bowen Family Foundation Inc's EIN (Employer Identification Number) is 35-1906672. IRS Form 990 filing data is available on this page for 2020–2025.
Does Bowen Family Foundation Inc 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 October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 29, 2026)
- IRS filings on file for fiscal years 2020–2024
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