The Owen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLOOMINGTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 21 grants totaling $217K. Net investment income was $181K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+1.1% YoY
Annual Giving
$217K
-1.1% YoY
Grant Count
21
+5.0% YoY
Avg Grant Size
$10K
-5.8% YoY
Under IRS private-foundation payout rules, The Owen Foundation reported a distributable amount of $252K for 2024 — the minimum it must pay out in qualifying distributions.
About The Owen Foundation
Based on IRS filings
The Owen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLOOMINGTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 21 grants totaling $217K. Net investment income was $181K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,716,402 | $2,685,602 | $2,584,703 |
| Revenue | $273,478 | $336,694 | $179,404 |
| Expenses | $242,678 | $235,795 | $249,623 |
| Qualifying Distributions | $218,544 | $220,283 | $228,667 |
| Net Investment Income | $181,224 | $322,268 | $164,481 |
| Distributable Amount | $251,658 | $218,090 | $221,491 |
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
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Illinois State University Foundatio ($75,700), University of Illinois Foundation ($26,000), Illinois Wesleyan University ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLIN TOWNSHIP FIRE PROT DISTRICT STANFORD, IL | SUPPORT OF PUBLIC PURPOSE | $15,000 |
| AUTISM MCLEAN NORMAL, IL | SUPPORT OF CHARITABLE PURPOSE | $3,000 |
| BIG BROTHER BIG SIS OF CENTRAL IL BLOOMINGTON, IL | SUPPORT OF CHARITABLE PURPOSE | $5,000 |
| EUREKA COLLEGE EUREKA, IL | SUPPORT OF CHARITABLE PURPOSE | $5,000 |
| FAITH IN ACTION OF BLOOM-NORMAL NORMAL, IL | SUPPORT OF CHARITABLE PURPOSE | $2,000 |
| HOME SWEET HOME MINISTRIES BLOOMINGTON, IL | SUPPORT OF CHARITABLE PURPOSE | $5,000 |
| ILLINOIS STATE UNIVERSITY FOUNDATIO NORMAL, IL | SUPPORT OF EDUCATIONAL PURPOSE | $75,700 |
| ILLINOIS WESLEYAN UNIVERSITY BLOOMINGTON, IL | SUPPORT OF EDUCATIONAL PURPOSE | $25,000 |
| INTERNATIONAL OCD FOUNDATION BOSTON, MA | SUPPORT OF CHARITABLE PURPOSE | $5,000 |
| INTERNATIONAL WALDENSTROM FOUNDATIO SARASOTA, FL | SUPPORT OF CHARITABLE PURPOSE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANCES M OWEN | PRESIDENT, T | — | — |
| ANDREA O BEYER | VICE PRESIDE | — | — |
| BRENT R ALSMAN | ASSISTANT TR | — | — |
| ANASTASIA M ALSMAN | SECRETARY | — | — |
| BRADLEY BEYER | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Owen Foundation?
The Owen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLOOMINGTON, IL. It holds $2.7M in total assets as of 2024.
How large is The Owen Foundation?
As of 2024, The Owen Foundation holds $2.7M in total assets with $273K in annual revenue. It awarded 21 grants totaling $217K in 2024.
Where does The Owen Foundation operate?
The Owen Foundation has awarded grants in Florida, Illinois, Massachusetts, New York, Tennessee.
What size grants does The Owen Foundation award?
In 2024, The Owen Foundation awarded 21 grants totaling $217K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is The Owen Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Owen Foundation reported a distributable amount of $252K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Owen Foundation's EIN?
The Owen Foundation's EIN (Employer Identification Number) is 37-1335069. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Owen Foundation'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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