Owen Family Foundation
- Assets
- $1.1m
- Revenue
- $137.1k
- Investments
- $1.0m
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 06/1980
- Data as of
- 09/2023
- EIN
- 52-1181776
Organization Overview
Owen Family Foundation is located in Arlington, VA. The organization was established in 1980. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Owen Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Owen Family Foundation generated $137.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $111.7k during the year ending 09/2023. While expenses have increased by 3.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Owen Family Foundation has awarded 106 individual grants totaling $397,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth W Turley Dir President | 0 | $0 | |
Jeannette O Roegge Dir Treasurer | 0 | $0 | |
Philip J Sweeney Dir Sec Assist Treasurer | 1 | $8,558 | |
Thornton W Owen Director | 0 | $0 | |
Matthew W Owen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,177 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $102,896 |
| Capital Gain Net Income | $102,896 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $137,073 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $654 |
| Total operating and administrative expenses | $11,712 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $111,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,219 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,064,727 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Owen Family Foundation has awarded $100,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE GIVERS PURPOSE: GENERAL CHARITABLE PURPOSES | $21,500 |
FRIENDS OF SECRET WOODS PURPOSE: GENERAL CHARITABLE PURPOSES | $3,500 |
AMERICAN CIVIL LIBERTIES UNION FDN PURPOSE: GENERAL CHARITABLE PURPOSES | $7,000 |
BRIGHT BEGINNINGS PURPOSE: GENERAL CHARITABLE PURPOSES | $3,000 |
CALVARY WOMENS SERVICE PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |
CHILDREN'S INN AT NIH PURPOSE: GENERAL CHARITABLE PURPOSES | $3,000 |