Rowan Family Foundation
- Assets
- $138.8k
- Revenue
- $2.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Magnolia, AR
- Founding
- 09/1992
- Data as of
- 12/2023
- EIN
- 94-3162645
Organization Overview
Rowan Family Foundation is located in Magnolia, AR. The organization was established in 1992. 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. Rowan 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 12/2023, Rowan Family Foundation generated $2.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $93.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rowan Family Foundation has awarded 48 individual grants totaling $275,050. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Rowan President | 0 | $0 | |
Deborah Rowan Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,454 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $435 |
| Contributions, gifts, grants paid | $93,000 |
| Total expenses and disbursements | $93,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,755 |
| Savings and temporary cash investments | $24,782 |
| 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 | $38,004 |
| 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 | $3,220 |
| Total assets | $138,761 |
| 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, Rowan Family Foundation has awarded $93,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
WHITESBORO HIGH SCHOOL PURPOSE: COLLEGE SCHOLARSHIPS | $40,000 |
TALIHINA HIGH SCHOOL PURPOSE: COLLEGE SCHOLARSHIPS | $50,000 |
BOOMTOWN RODEO PURPOSE: SPONSORSHIP | $2,500 |
CALVARY TRAIL CHURCH PURPOSE: CHURCH CONTRIBUTION | $500 |