Rowny Foundation
- Assets
- $642.9k
- Revenue
- $212.3k
- Investments
- $583.1k
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 10/1999
- Data as of
- 12/2021
- EIN
- 52-2190131
Organization Overview
Rowny Foundation is located in Bethesda, MD. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public 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. Rowny 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 12/2021, Rowny Foundation generated $212.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.5% each year . All expenses for the organization totaled $33.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Rowny Foundation has awarded 124 individual grants totaling $175,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Rowny President | 1 | $0 | |
Peter E Rowny Vice President | 1 | $0 | |
Julia Dian Rowny Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $47,456 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $164,798 |
| Capital Gain Net Income | $164,798 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $212,254 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $304 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,507 |
| Contributions, gifts, grants paid | $27,850 |
| Total expenses and disbursements | $33,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,822 |
| 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 | $583,065 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $642,887 |
| 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, Rowny Foundation has awarded $27,850 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Bethesda, MD PURPOSE: MELISSA BLAKE ROWNY FUND FOR ARTISTIC DEVELOPMENT | $10,000 |
MIT PURPOSE: GENERAL USE | $3,000 |
SOME PURPOSE: GENERAL USE | $3,000 |
WORLD CENTRAL KITCHEN PURPOSE: GENERAL USE | $2,000 |
AMERICAN INSTITUTE FOR CANCER RESEARCH PURPOSE: GENERAL USE | $1,000 |
Rockville, MD PURPOSE: IN HONOR OF AIDEN BRAGA | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |
York Foundation Herndon, VA | $79,294,285 | $7,194,037 |
Taubman Foundation For The Arts Roanoke, VA | $20,057,493 | $918,229 |
Skillsource Group Inc Vienna, VA | $1,796,857 | $6,906,902 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Fauna & Flora International Usa Inc Washintgon, DC | $2,602,858 | $7,350,946 |
Travis Manion Foundation Doylestown, PA | $7,247,874 | $9,161,709 |
Capital For Good Usa Paoli, PA | $43,024,073 | $25,450,338 |
Kennedy Krieger Foundation Inc Baltimore, MD | $94,709,715 | $9,828,353 |
Poise Foundation Pittsburgh, PA | $17,239,498 | $10,674,894 |