Bow Foundation is located in Charlottesville, VA. The organization was established in 2017. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bow 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 12/2023, Bow Foundation generated $370.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $236.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Bow Foundation has awarded 19 individual grants totaling $649,912. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BOW FOUNDATION IS DEDICATED TO SUPPORTING GNAO1 FAMILIES, RESEARCH AND AWARENESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING CUTTING EDGE RESEARCH TO BENEFIT THOSE WITH GNAO1 DISABILITIES AND OTHER SIMILAR RARE DISEASES AND NEUROLOGICAL CONDITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Emily Bell Chairman | Trustee | 10 | $0 |
Alice Fox Vice Chairman | Trustee | 3 | $0 |
Hamilton Fox Treasurer | Trustee | 1 | $0 |
Stephen Bell Secretary | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $368,047 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $368,047 |
Total Program Service Revenue | $0 |
Investment income | $2,328 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $370,375 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $175,164 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $50,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $758 |
Fees for services: Accounting | $800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,063 |
Advertising and promotion | $0 |
Office expenses | $284 |
Information technology | $1,252 |
Royalties | $0 |
Occupancy | $0 |
Travel | $4,439 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $1,826 |
Total functional expenses | $236,586 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $413,008 |
Savings and temporary cash investments | $202,328 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $615,336 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $615,336 |
Total liabilities and net assets/fund balances | $615,336 |
Over the last fiscal year, Bow Foundation has awarded $175,164 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
UNIVERISTY OF VIRGINIA PURPOSE: TO SUPPORT AND FURTHER GNAO1 RELATED RESEARCH. | $9,994 |
THE REGENTS AT UNIVERSITY OF CALIFORNIA PURPOSE: TO SUPPORT AND FURTHER GNAO1 RELATED RESEARCH. | $40,000 |
UNIVERSITY OF MASSACHUSETTS PURPOSE: TO SUPPORT AND FURTHER GNAO1 RELATED RESEARCH. | $23,148 |
UNIVERSITY OF FLORIDA PURPOSE: TO SUPPORT AND FURTHER GNAO1 RELATED RESEARCH. | $40,000 |
MICHIGAN STATE UNIVERSITY PURPOSE: TO SUPPORT AND FURTHER GNAO1 RELATED RESEARCH. | $19,334 |
UNIVERSITY OF MASSACHUSETTS PURPOSE: TO SUPPORT AND FURTHER GNAO1 RELATED RESEARCH. | $42,688 |