Margaret Spilman Bowden Foundation

WARRENTON, VA EIN: 54-1685754

Margaret Spilman Bowden Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WARRENTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 18 grants totaling $413K. Net investment income was $153K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.4M

-11.1% YoY

Annual Giving

$413K

+1866.7% YoY

Grant Count

+28.6% YoY

Avg Grant Size

$23K

+1429.6% YoY

Under IRS private-foundation payout rules, Margaret Spilman Bowden Foundation reported a distributable amount of $232K for 2024 — the minimum it must pay out in qualifying distributions.

About Margaret Spilman Bowden Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $460K (92%)

District of Columbia $37K (7%)

Florida $1K (0%)

States

District of Columbia Florida Virginia

Cities

Broad RunCasanovaCatlettMiddleburgPalm BeachWarrentonWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,416,964	$4,965,690	$5,148,954
Revenue	$-62,881	$56,851	$4,935,553
Expenses	$485,845	$240,115	$162,952
Qualifying Distributions	$414,823	$23,348	$18,878
Net Investment Income	$152,927	$31,139	$17,804
Distributable Amount	$231,801	$259,862	$21,485

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

69 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fauquier Spca ($50,000), St John's Catholic School ($44,000), The Northern Piedmont Community Foundation ($44,000).

Recipient	Purpose	Amount
PIEDMONT REGIONAL ORCHESTRA WARRENTON, VA	UNRESTRICTED GRANT / CHARITABLE	$8,000
ST JAMES EPISCOPAL CHURCH WARRENTON, VA	UNRESTRICTED GRANT / CHARITABLE	$10,000
FAUQUIER COUNTY PUBLIC LIBRARY WARRENTON, VA	UNRESTRICTED GRANT / CHARITABLE	$10,000
MENTAL HEALTH ASSOCIATION OF FAUQUIER COUNTY WARRENTON, VA	UNRESTRICTED GRANT / CHARITABLE	$10,000
HIGHLAND SCHOOL WARRENTON, VA	UNRESTRICTED GRANT / CHARITABLE	$10,000
FINLEYS GREEN LEAP FORWARD BROAD RUN, VA	UNRESTRICTED GRANT / CHARITABLE	$10,000
THE CLIFTON INSTITUTE WARRENTON, VA	UNRESTRICTED GRANT / CHARITABLE	$10,000
FAUQUIER FISH WARRENTON, VA	UNRESTRICTED GRANT / CHARITABLE	$12,000
THE HILL SCHOOL MIDDLEBURG, VA	UNRESTRICTED GRANT / CHARITABLE	$14,000
CATLETT VOLUNTEER FIRE AND RESCUE CATLETT, VA	UNRESTRICTED GRANT / CHARITABLE	$18,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MAXIMILIAN A TUFTS JR	PRESIDENT; TREASURER	1	—
JOHN PHILIP HARRIS PENNINGTON	VICE-PRESIDENT; ASST-SECR/	1	—
JONATHAN L TUFTS	DIRECTOR	—	—
PHOEBE R TUFTS	DIRECTOR	—	—
ELIZABETH ANDERSON	DIRECTOR	—	—
A KIMBROUGH FORD	DIRECTOR	—	—
HENRY P TUFTS	DIRECTOR	—	—
MICHAEL R ANDERSON	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Margaret Spilman Bowden Foundation?

Margaret Spilman Bowden Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WARRENTON, VA. It holds $4.4M in total assets as of 2024.

How large is Margaret Spilman Bowden Foundation?

As of 2024, Margaret Spilman Bowden Foundation holds $4.4M in total assets with $-62,881 in annual revenue. It awarded 18 grants totaling $413K in 2024.

Where does Margaret Spilman Bowden Foundation operate?

Margaret Spilman Bowden Foundation has awarded grants in District of Columbia, Florida, Virginia.

What size grants does Margaret Spilman Bowden Foundation award?

In 2024, Margaret Spilman Bowden Foundation awarded 18 grants totaling $413K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Margaret Spilman Bowden Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Margaret Spilman Bowden Foundation reported a distributable amount of $232K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Margaret Spilman Bowden Foundation's EIN?

Margaret Spilman Bowden Foundation's EIN (Employer Identification Number) is 54-1685754. IRS Form 990 filing data is available on this page for 2020–2024.