Public Charity

BOWIE STATE UNIVERSITY FOUNDATION INC

BOWIE STATE UNIVERSITY FOUNDATION INC, of BOWIE, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $10.7M in revenue, $6.1M in expenses, $64.8M in total assets. 75 publicly reported grants to this organization, totaling roughly $29.4M, appear in IRS filings.

EIN: 520952758 BOWIE, MD Latest filing: 2025
Total Revenue$10.7M
Total Expenses$6.1M
Total Assets$64.8M
Grant Records75
Funding Total$29.4M
Filing Years2021–2025

Mission

TO FACILITATE FUND-RAISING EFFORTS THAT SEEK CONTRIBUTIONS FROM PRIVATE SOURCES, IN SUPPORT OF ACTIVITIES AND THE MISSION OF BOWIE STATE UNIVERSITY (BSU). BOWIE STATE UNIVERSITY FOUNDATION ASSUMES OVERSIGHT RESPONSIBILITY FOR GIFT ACCEPTANCE AND ADMINISTRATION FOR CONTRIBUTIONS TO THE BSU.

Officers & Directors

CHAIR Alfonzo Powell
MEMBER Angel Rich-Jones
EXECUTIVE DIRECTOR Brent Swinton
VICE CHAIR Charles Exum
MEMBER Damon Lester
CHIEF FINANCIAL OFFICER Daphne De Shields

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATING SUPPORT
$25,125,000 2 grants
GENERAL SUPPORT
$756,450 12 grants
SCHOLARSHIPS
$430,556 4 grants
1 grant(s) for varying purposes
$350,000 1 grant
UNRESTRICTED
$265,492 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $10.7M $6.1M $64.8M
2024 $8.7M $5.5M $60.0M
2023 $15.7M $9.8M $53.6M
2022 $9.6M $2.8M $45.9M
2021 $29.6M $1.2M $41.5M

Between 2021 and 2025, reported annual revenue declined from $29.6M to $10.7M (-64%), with total assets most recently reported at $64.8M.

Interactive year-over-year charts and full filing details available with membership.

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