Cowan Slavin Foundation Inc

Private foundation · Grantmaker Charlotte, NC EIN: 04-6130077

Cowan Slavin Foundation Inc is a private foundation, based in Charlotte, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.0M in total assets. In 2025, it awarded 11 grants totaling $167K. Net investment income was $74K.

Key facts about Cowan Slavin Foundation Inc

In short: Cowan Slavin Foundation Inc gave $167K across 11 grants in 2025 (avg $15K), top state North Carolina. 55% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
04-6130077
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$166,500
Grants made (2025)
11
Average grant
$15,136
Median grant
$15,000
New grantees (estimate)
55% first-time grantees (6 of 11, 2025)
Total assets
$4,993,989
Primary geography
North Carolina (31% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5.0M

+8.0% YoY

Annual Giving

$167K

+344.0% YoY

Grant Count

11

+175.0% YoY

Avg Grant Size

$15K

+61.5% YoY

Under IRS private-foundation payout rules, Cowan Slavin Foundation Inc reported a distributable amount of $249K for 2025 — the minimum it must pay out in qualifying distributions.

Is Cowan Slavin Foundation Inc open to new grantees?

55%

first-time grantees, 2025

In 2025, 6 of 11 grantees (55%) were first-time recipients. First grants averaged $15K; repeat grants $15K. How we count

Medians: $14K first-time, $15K repeat.

  • 0% of 2025 grantees were also funded in 2024. Method
  • Giving grew 98% from 2022 to 2025. Method
  • In 2025 it paid out 125% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 11 itemized 2025 grant dollars.

Cities

BrooklynBerkeleyCharlotteNew YorkBronxEaton RapidsHoltMatthewsOaklandBellevilleBerkelyBirmingham

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K7 grants201911 grants20204 grants202110 grants20225 grants20234 grants202411 grants2025

From 2019 to 2025, annual grant giving ranged from $33K (2021) to $167K (2025). In 2025 it made 11 grants totaling $167K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Waterside Workshop: $25KWaterside Workshop$25KShades of Pink Foundation: $25KShades of Pink Foundation$25KCumbe Center for African and Diaspora Dance: $20KCumbe Center for African andDiaspora Dance$20KFeeding Charlotte: $15KFeeding Charlotte$15KSoaring Unlimited: $15KSoaring Unlimited$15KLife Connections of the Carolinas: $15KLife Connections of theCarolinas$15KUndiscovered Works: $12KUndiscovered Works$12KCarolina Breast Friends: $12KCarolina Breast Friends$12KCommunities for Healing and Justice: $10KCommunities for Healing andJustice$10KCharlotte Center for the Literary Arts: $10KCharlotte Center for theLiterary Arts$10K

The largest 2025 recipient was Waterside Workshop ($25K). Together the top 10 received $159K.

Grant Size Distribution

34 grants across all recorded years

34<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 34 grants of 34 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Waterside Workshop Berkeley, CASupport for Street Level Cycles Program$25,000
Shades of Pink Foundation Birmingham, MISupport for Breast Cancer Patients$25,000
Cumbe Center for African and Diaspora Dance Brooklyn, NYSupport for Dance and Education Program$20,000
Feeding Charlotte Charlotte, NCSupport for Food Program$15,000
Soaring Unlimited Eaton Rapids, MISupport for Women's Health Center$15,000
Life Connections of the Carolinas Charlotte, NCSupport for Youth Training Initiatives$15,000
Undiscovered Works New York, NYSupport for Theater Program$12,000
Carolina Breast Friends Charlotte, NCSupport for Breast Cancer Resource and Support Group$12,000
Communities for Healing and Justice New York, NYSupport for Photography Workshop$10,000
Charlotte Center for the Literary Arts Charlotte, NCSupport for Writer in Residence$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2019202020212022202320242025
Metric202520242023
Total Assets$4,993,989$4,626,065$4,145,943
Revenue$978$875,686$121,051
Expenses$339,132$230,195$170,521
Qualifying Distributions$310,732$210,926$156,444
Net Investment Income$73,823$856,417$106,947
Distributable Amount$249,224$201,080$188,290

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS January 9, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 20, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 7, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 14, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS January 16, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 14, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 12, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Cowan Slavin Foundation Inc is led by Marjorie Slavin Bovee, President since 2021 (on filings since 2019); all 9 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Marjorie Slavin Bovee

    President

    President & Executive Officer → President, 2021

    On filings since 2019

    30 hrs/week

    $63K (2019) → $70K (2025)

  • Emily Weinstein

    Director

    On filings since 2019

    30 hrs/week

    $17K (2019) → $61K (2025)

  • Jane Herson

    Director

    On filings since 2019

    0.3 hrs/week

    $600 (2019) → $575 (2025)

  • Jessica Weinstein

    Director

    On filings since 2019

    0.3 hrs/week

    $600 (2019) → $575 (2025)

  • Matthew Herson

    Director

    On filings since 2019

    0.3 hrs/week

    $600 (2019) → $575 (2025)

  • Lauren Blacker

    Director

    On filings since 2021

    0.3 hrs/week

    $575 (2021) → $575 (2025)

  • Nick Patton

    Director

    On filings since 2022

    0.3 hrs/week

    $575 (2022) → $575 (2025)

  • Bernard Weinstein

    Director

    On filings since 2023

    0.3 hrs/week

    $575 (2024) → $575 (2025)

  • Andrea Weinstein

    Vice President

    Vice President & Director → Vice President, 2021

    On filings since 2019

    2 hrs/week

    $3K (2019) → $3K (2025)

Former officers (1)
  • Former: David Bovee (2019–2020) — Chairman & 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.

Compensation Overview

From 2025 IRS filing

Marjorie Slavin Bovee — President: $70KMarjorie Slavin BoveePresident$70KEmily Weinstein — Director: $61KEmily WeinsteinDirector$61KAndrea Weinstein — Vice President: $3KAndrea WeinsteinVice President$3KMatthew Herson — Director: $575Matthew HersonDirector$575Jane Herson — Director: $575Jane HersonDirector$575Lauren Blacker — Director: $575Lauren BlackerDirector$575Jessica Weinstein — Director: $575Jessica WeinsteinDirector$575Nick Patton — Director: $575Nick PattonDirector$575Bernard Weinstein — Director: $575Bernard WeinsteinDirector$575

The highest reported compensation on the 2025 filing was $70K, to Marjorie Slavin Bovee (President). 9 officers or directors reported compensation on that filing.

Frequently asked questions about Cowan Slavin Foundation Inc

How much does Cowan Slavin Foundation Inc give each year?

Cowan Slavin Foundation Inc gave $167K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $38K across 4 grants.

What is Cowan Slavin Foundation Inc's typical grant size?

Cowan Slavin Foundation Inc's median grant in 2025 was $15,000, and its average grant was $15,136, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Cowan Slavin Foundation Inc that year got $15K on average.

Where does Cowan Slavin Foundation Inc give grants?

Cowan Slavin Foundation Inc's top state is North Carolina, with 31% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (25%) and Michigan (24%). The most frequent recipient cities were Charlotte, NC (4 grants) and New York, NY (2 grants).

Does Cowan Slavin Foundation Inc give general operating support?

Not in 2025: none of the 11 grants with a stated purpose on Cowan Slavin Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

Who are Cowan Slavin Foundation Inc's largest grantees?

Cowan Slavin Foundation Inc's largest 2025 grantees include Waterside Workshop ($25,000), Shades of Pink Foundation ($25,000) and Cumbe Center for African and Diaspora Dance ($20,000), according to its 2025 IRS Form 990-PF. Together they received 42% of its itemized 2025 grant dollars.

How large is Cowan Slavin Foundation Inc?

Cowan Slavin Foundation Inc reported $5.0M in total assets on its 2025 IRS Form 990-PF. It paid out $311K in qualifying distributions that year, against a required minimum of $249K (roughly 5% of its investment assets).

What is Cowan Slavin Foundation Inc's EIN?

Cowan Slavin Foundation Inc's EIN (Employer Identification Number) is 04-6130077. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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