Bowles Rice Foundation
Bowles Rice Foundation is a private foundation based in Charleston, West Virginia. Its 2025 grants supported charitable organizations working in areas including hunger relief, legal services, education, community support, and cultural and historic preservation.
Bowles Rice Foundation at a glance
In short: Bowles Rice Foundation gave $100K across 31 grants in 2025 (avg $3K), mostly in West Virginia. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $100,170
- +15.7% vs 2024
- Grants made (2025)
- 31
- -18.4% vs 2024
- Average grant
- $3,231
- +41.8% vs 2024
- Median grant
- $1,000
- Total assets
- $2,047,585
- +11.5% vs 2024
- New grantees (estimate)
- 40% first-time grantees (12 of 30, 2025)
- Primary geography
- West Virginia (82% 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 Bowles Rice Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 600 Quarrier Street PO Box 1386, Charleston, WV 25325-1386
Phone: (304) 347-1100
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Bowles Rice Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Mountaineer Food Bank Inc ($48K). Together the top 10 received $86K.
Grant Size Distribution
175 grants across all recorded years
The most common grant size was under $50K: 175 grants of 175 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 82% of grant dollars went to recipients in West Virginia, 17% to Pennsylvania, and 1% to New York. Virginia accounted for 0% of grant dollars.
Grant Distribution by State
Share of 2025 grant dollars across all 31 itemized grants.
Cities
Is Bowles Rice Foundation open to new grantees?
40%
first-time grantees, 2025
In 2025, 12 of 30 grantees (40%) were first-time recipients. First grants averaged $1K; repeat grants $5K. How we count
Medians: $500 first-time, $1K repeat.
- 23% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+3%). Method
- In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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
From 2020 to 2025, annual grant giving ranged from $77K (2021) to $100K (2025). In 2025 it made 31 grants totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mountaineer Food Bank Inc Gassaway, WV | General Program Support | $48,000 |
| Food Helpers DBA Greater Washington County Food Bank Brownsville, PA | General Program Support | $12,000 |
| Legal Aid of West Virginia Inc Charleston, WV | General Program Support | $10,170 |
| The University of Charleston Inc Charleston, WV | General Program Support | $5,000 |
| The Mid-Ohio Valley Symphony Society Inc Vienna, WV | General Program Support | $2,500 |
| WVU at Parkersburg Foundation Inc Parkersburg, WV | General Program Support | $2,500 |
| United Way of Monongalia and Preston Counties Inc Morgantown, WV | General Program Support | $1,500 |
| Berkeley County Backpack Program Inc Martinsburg, WV | General Program Support | $1,000 |
| Boys and Girls Club of the Eastern Panhandle Inc Martinsburg, WV | General Program Support | $1,000 |
| Canonsburg Educational and Cultural Institute Canonsburg, PA | General Program Support | $1,000 |
Ready to take the next step with Bowles Rice Foundation?
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 | $2,047,585 | $274,466 | $126,555 | $100,170 | 31 | $101,763 | $201,045 | $110,105 |
| 2024 | $1,836,057 | $177,077 | $114,023 | $86,600 | 38 | $88,193 | $103,876 | $101,823 |
| 2023 | $1,773,003 | $262,123 | $113,701 | $81,324 | 34 | $83,970 | $83,474 | $89,186 |
| 2022 | $1,624,581 | $168,300 | $125,060 | $97,000 | 44 | $99,520 | $77,138 | $87,610 |
| 2021 | $1,580,792 | $214,440 | $102,444 | $76,500 | 28 | $78,780 | $140,776 | $95,843 |
| 2020 | $1,469,041 | $72,553 | $100,550 | $77,000 | 20 | — | $15,934 | $80,875 |
Under IRS private-foundation payout rules, Bowles Rice Foundation reported a distributable amount of $110K 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 grants include support for organizations whose own missions address a range of community needs. For example, Mountaineer Food Bank says it works to alleviate hunger in West Virginia, while Legal Aid of West Virginia says it advocates for low-income and vulnerable West Virginians seeking equal access to justice. The University of Charleston describes its mission as educating students for productive work, enlightened living, and community involvement. Friends of Happy Retreat says it works to preserve and promote Happy Retreat for public enjoyment and education.
Grantmaking
In 2025, the foundation reported 31 grants totaling $100,170. Grants ranged from $500 to $48,000, with a median of $1,000. The largest grants included $48,000 to Mountaineer Food Bank, $12,000 to Food Helpers DBA Greater Washington County Food Bank, and $10,170 to Legal Aid of West Virginia. Other reported grants included $5,000 to the University of Charleston and $2,500 each to the Mid-Ohio Valley Symphony Society and WVU at Parkersburg Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Marc Monteleone as president and Thomas Heywood as vice president. Members listed are Ben Thomas, Jennifer Hagedorn, Stuart McMillan, David DeJarnett, Diana Jacobs, and Seth Wilson.
Bowles Rice Foundation is led by Marc Monteleone, President since 2022 (on filings since 2020); none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Marc Monteleone
President
Director → President, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
David Dejarnett
Member
Director → Member, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Jennifer Hagedorn
Member
Director → Member, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Seth Wilson
Member
Director → Member, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Thomas A. Heywood
Vice President
President → Vice President, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Diana Jacobs
Member
On filings since 2024
0.5 hrs/week
No compensation reported
Ben Thomas
Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Stuart McMillan
Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Former officers (9)
- Former: Corey Palumbo (2020–2024) — Member
- Former: Mark Adkins (2021–2024) — Member
- Former: Ellen Maxwell-Hoffman (2020–2023) — Member
- Former: Taylor Frankovitch (2021–2023) — Member
- Former: Emily Lambright (2022–2023) — Secretary
- Former: Breck Martin (2022) — Treasurer
- Former: Judy Margolin (2020–2021) — Treasurer
- Former: Melody Simpson (2020–2021) — Secretary
- Former: Ronda Harvey (2020) — Director
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 Bowles Rice Foundation
How much does Bowles Rice Foundation give each year?
Bowles Rice Foundation gave $100K across 31 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $87K across 38 grants.
What is Bowles Rice Foundation's typical grant size?
Bowles Rice Foundation's median grant in 2025 was $1,000, and its average grant was $3,231, across 31 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Bowles Rice Foundation that year got $1K on average.
Where does Bowles Rice Foundation give grants?
Bowles Rice Foundation gives mostly in West Virginia: 82% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (17%). The most frequent recipient cities were Charleston, WV (9 grants), Martinsburg, WV (4 grants), Morgantown, WV (3 grants) and Brownsville, PA (2 grants).
Does Bowles Rice Foundation give general operating support?
Yes: 100% of Bowles Rice Foundation's 2025 grants with a stated purpose (31 of 31) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Bowles Rice Foundation's largest grantees?
Bowles Rice Foundation's largest 2025 grantees include Mountaineer Food Bank Inc ($48,000), Food Helpers DBA Greater Washington County Food Bank ($13,000 across 2 grants) and Legal Aid of West Virginia Inc ($10,170), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.
How large is Bowles Rice Foundation?
Bowles Rice Foundation reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $102K in qualifying distributions that year, against a required minimum of $110K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Bowles Rice Foundation fund?
No mission statement for the foundation is provided. Its grants include support for organizations whose own missions address a range of community needs. See mission & focus areas ↑
How do I apply for a grant from Bowles Rice Foundation?
The foundation 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 Bowles Rice Foundation's EIN?
Bowles Rice Foundation's EIN (Employer Identification Number) is 20-2077682. IRS Form 990 filing data is available on this page for 2020–2025.
Does Bowles Rice Foundation 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
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Bowles Rice Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Bowles Rice Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/bowles-rice-foundation-morg_e735751aebe74d1e8a952f55c7dd0a66
BibTeX
@misc{grantable_202077682_2026,
author = {{Grantable}},
title = {{Bowles Rice Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/bowles-rice-foundation-morg_e735751aebe74d1e8a952f55c7dd0a66},
note = {Accessed 2026-10-10. 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 Bowles Rice Foundation'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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