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. 82 publicly reported grants to this organization, totaling roughly $29.6M, appear in IRS filings.

EIN: 520952758 BOWIE, MD Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$10.7M
Total Expenses$6.1M
Total Assets$64.8M
Grant Records82
Funding Total$29.6M
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.

Where $100 goes at Bowie State University Foundation Inc

How Bowie State University Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$83 Programs the work itself
$15 Management running the organization
$2 Fundraising raising the next dollar

Inside the $83 for programs

$50
Program expenses reflect support for several bsu academic innovations and programs such as: expansion in experiential learning opportunities through computer science internships and stop animation film production workshops.Developed…
60% of program spending
$33
Expenses reflect funds to Bowie state university for scholarships awarded to students in support of efforts to address retention needs, improve the graduation rate, and bridge gap funding…
40% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

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 Support
$27,882,546 53 grants
Education
$1,476,966 22 grants
Research & Policy
$105,000 2 grants
Food Assistance & Nutrition
$40,000 1 grant
Unspecified
$57,268 2 grants

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.

See the full picture for BOWIE STATE UNIVERSITY FOUNDATION INC

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