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The Owens Foundation

Profile

Last Updated: 2016-01-31

At A Glance

The Owens Foundation

(formerly Thomas M. & Mary M. Owens Foundation)

7804 College Dr., Ste. 3SW

Palos Heights, IL United States 60463-1473

Telephone: (708) 361-8845

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2013-12-31)

Assets: $21,339,354

Total giving: $2,179,525

EIN

363429160

BRIDGE Number

4649804994

Background

Established in 1985 in IL

Purpose and Activities

Giving primarily in three areas: 1) programs that work with the homeless, the poor, and other disadvantaged populations, particularly those programs that deal with self-sufficiency through self-help, and programs that provide basic support, food, shelter and clothing, along with job training and employment, are given high priority; 2) homeless prevention - emergency funds administered independently by each agency for rents, mortgage payments, utilities, and food, etc.; 3) private education, primarily secondary education for use for scholarships for poor and deserving students.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

The Cara Program

Helps homeless and at-risk individuals transform their lives through comprehensive training, permanent job placement and critical support services.

The Emergency Fund

Funds used to avoid homelessness and to provide access to long term self-sufficiency solutions.

Fields of Interest

Subjects
  • Housing development
  • Housing for the homeless
  • Human services
  • Secondary education
Population Groups
  • Homeless people
  • Low-income and poor people

Financial Data

Year ended 2013-12-31

Assets: $21,339,354 (market value)

Gifts received: $100,000

Expenditures: $2,752,242

Total giving: $2,179,525

Qualifying distributions: $2,287,216

Giving activities include:

$2,179,525 for grants