TO FACILITATE FUND-RAISING EFFORTS THAT SEEK CONTRIBUTIONS FROM PRIVATE SOURCES, IN SUPPORT OF ACTIVITIES AND THE MISSION OF BOWIE STATE UNIVERSITY (BSU). BOWIE STATE UNIVERSITY FOUNDATION ASSUMES OVERSIGHT RESPONSIBILITY FOR GIFT ACCEPTANCE AND ADMINISTRATION FOR CONTRIBUTIONS TO THE BSU.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$60.0M
+12.0% YoY
Annual Giving
$1.7M
-37.3% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$842K
-37.3% YoY
About Bowie State University Foundation Inc
Based on IRS filings
Bowie State University Foundation Inc is a nonprofit organization focused on Education, based in BOWIE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $60.0M in total assets. In 2024, it awarded 2 grants totaling $1.7M. Net investment income was $2.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $60,004,233 | $53,568,162 | $45,853,234 |
| Revenue | $8,742,189 | $15,712,416 | $9,577,897 |
| Expenses | $5,521,437 | $9,847,811 | $2,819,158 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,218,496 | $1,356,504 | $3,323,543 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bowie State Universtiy ($1,041,922), Bowie State Universtiy ($642,754).
| Recipient | Purpose | Amount |
|---|---|---|
| BOWIE STATE UNIVERSTIY BOWIE, MD | TO ASSIST BOWIE STATE UNIVERSITY AWARD SCHOLARSHIPS TO STUDENTS IN SUPPORT OF EFFORTS TO ADDRESS RETENTION NEEDS, IMPROVE THE GRADUATION RATE, AND BRIDGE GAP FUNDING AND ENHANCE RECRUITMENT. | $642,754 |
| BOWIE STATE UNIVERSTIY BOWIE, MD | GRANTS TO SUPPORT BOWIE STATE UNIVERSITY AND ITS MISSION, PROGRAMS AND STUDENT EXPERIENCES | $1,041,922 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALFONZO POWELL | CHAIR | 2 | — |
| CHARLES EXUM | VICE CHAIR | 1 | — |
| DIVESH GUPTA | TREASURER | 1 | — |
| RON BUSBY | SECRETARY | 1 | — |
| DR AMINTA BREAUX | BSU PRESIDENT | 1 | — |
| MICHAEL ATKINS | EX-OFFICIO | 1 | — |
| DARREN SWAIN | EX-OFFICIO | 1 | — |
| ANGEL RICH | MEMBER | 1 | — |
| DAMON LESTER | MEMBER | 1 | — |
| DARLENE BROWN | MEMBER | 1 | — |
| DEIDRE JACKSON | MEMBER | 1 | — |
| DR JOSEPH GREEN | MEMBER | 1 | — |
| MONIQUE SMITH | MEMBER | 1 | — |
| TROY WEAVER | MEMBER | 1 | — |
| JIM SIMPSON | MEMBER | 1 | — |
| LAKEITHA ANDERSON | MEMBER | 1 | — |
| GINA NIGHTENGALE | MEMBER | 1 | — |
| LOUIS WILLIAMS | MEMBER | 1 | — |
| BRENT SWINTON | EXECUTIVE DIRECTOR | 3 | $14,212 |
| DAPHNE DE SHIELDS | CHIEF FINANCIAL OFFICER | 20 | $50,149 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bowie State University Foundation Inc?
Bowie State University Foundation Inc is a nonprofit organization focused on Education, based in BOWIE, MD. It holds $60.0M in total assets as of 2024.
How large is Bowie State University Foundation Inc?
As of 2024, Bowie State University Foundation Inc holds $60.0M in total assets with $8.7M in annual revenue. It awarded 2 grants totaling $1.7M in 2024.
Where does Bowie State University Foundation Inc operate?
Bowie State University Foundation Inc has awarded grants in Maryland.
What size grants does Bowie State University Foundation Inc award?
In 2024, Bowie State University Foundation Inc awarded 2 grants totaling $1.7M — an average of about $842K per grant, based on its IRS Form 990 filings.
What is Bowie State University Foundation Inc's EIN?
Bowie State University Foundation Inc's EIN (Employer Identification Number) is 52-0952758. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bowie State University Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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