Funder DirectoryTHE BOWER FOUNDATION
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Private foundation (trust)EIN 640540635Est. 1975-10

THE BOWER FOUNDATION

RIDGELAND, MS 39157

Total Assets

$118.5M

FY 2024

Annual Giving

$4.4M

FY 2024

Grants Made

37

FY 2024

Avg Grant

$120K

FY 2024

Grant Range

$1K–$657K

Typical

Deadlines

Applications

Focus Areas

Voluntary Health Associations & Medical Disciplines

Financial Snapshot

2024 filing

Total Revenue

$8.6M

Total Expenses

$4.8M

Qualifying Distributions

$5.1M

Distributable Amount

$5.8M

Min. Investment Return

$5.8M

Undistributed Income

$5.7M

Payout rate 88%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.88%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

37 grants

Grant sizes from minimum $1K through median $21K to maximum $657K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $5.1M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

131 grants

UNIVERSITY OF MS MEDICAL CENTER
$6.8M
17 grants
DIRECT GRANT EXPENSES - V
$2.6M
5 grants
CENTER FOR MISSISSIPPI HE
$1.8M
4 grants
BOSTON MEDICAL CENTER
$1.1M
7 grants
INSPIRE HEALTH INC
$1.0M
14 grants
WOMEN'S FOUNDATION OF MISSISSIPPI
$941K
2 grants
MS NEWS AND INFORMATION CORP
$753K
2 grants
MISSISSIPPI UNIVERSITY FOR WOMEN
$750K
3 grants

Grant Size Distribution

131 grants

<$10K
15
grants
$10–50K
37
grants
$50–250K
55
grants
$250K–1M
21
grants
$1–5M
3
grants
$5M+

Geographic Focus

2 states

Mississippi
$21.9M
95% of total
Massachusetts
$1.2M
5% of total

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