Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 85-3049933

ROWEN FOUNDATION INC

Tax-exempt · LAWRENCEVILLE, GA 30046

Financials

$224K$2.8M2023$69K$3.8M2024
Revenue Expenses · by fiscal year end
Financials of ROWEN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$68,707$3,828,687-$3,759,980$100,017,980$112,302,983-$12,285,003
December 31, 2023990$223,884$2,844,014-$2,620,130$90,848,661$99,373,684-$8,525,023
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$68,707
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$85,424
Accounting fees
$197,000
Occupancy
$229,502
Travel
$56,413
Program services (functional)
$3,209,073
Management and general (functional)
$619,614

Balance sheet and other

Total assets, start of year
$90,848,661
Total assets, end of year
$100,017,980
Total liabilities, end of year
$112,302,983
Net assets, end of year
-$12,285,003
Land, buildings and equipment
$96,566,531
Net assets without donor restrictions
-$12,285,003
Gross receipts
$68,707
Employees
0
Volunteers
0
Year formed
2020
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SACHIN D SHAILENDRADIRECTOR, CHAIR
Trustee or director, Officer
5$0
DR DEBORAH BRUNERDIRECTOR
Trustee or director
5$0
SAMUEL H HINTONDIRECTOR
Trustee or director
5$0
DR S JACK HUDIRECTOR
Trustee or director
5$0
DR JANN L JOSEPHDIRECTOR
Trustee or director
5$0
BERT REEVESDIRECTOR
Trustee or director
5$0
ARTHUR TRIPPDIRECTOR
Trustee or director
5$0
DR HELENE GAYLEDIRECTOR
Trustee or director
5$0
KIM GREENEDIRECTOR
Trustee or director
5$0
DR PAMELA SCOTT-JOHNSONDIRECTOR
Trustee or director
5$0
MASON AILSTOCKCEO,EX-OFFICIO DIRECTOR, N
Officer
40$0
TRENT CLOERCFO
Officer
5$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
SACHIN D SHAILENDRADIRECTOR, CHAIR
Trustee or director, Officer
5$0
DR DEBORAH BRUNERDIRECTOR
Trustee or director
5$0
SAMUEL H HINTONDIRECTOR
Trustee or director
5$0
DR S JACK HUDIRECTOR
Trustee or director
5$0
DR JANN L JOSEPHDIRECTOR
Trustee or director
5$0
BERT REEVESDIRECTOR
Trustee or director
5$0
ARTHUR TRIPPDIRECTOR
Trustee or director
5$0
DR HELENE GAYLEDIRECTOR
Trustee or director
5$0
KIM GREENEDIRECTOR
Trustee or director
5$0
MASON AILSTOCKCEO,EX-OFFICIO DIRECTOR, NONVOTING
Officer
1$0
TREY SWALMCFO
Officer
5$0

Address and contacts

Address (IRS master file)
279 WEST CROGAN STREET, LAWRENCEVILLE, GA 30046-6914
Principal officer (990 for 2024)
MASON AILSTOCK, 279 WEST CROGAN STREET, LAWRENCEVILLE, GA 30046
Signed the 990
TRENT CLOER, CPA
Phone
(404) 821-0638
Return prepared by
MSTILLER LLC

Mission

TO BE A CATALYST FOR EDUCATION, RESEARCH, INNOVATION AND TRANSFORMATION THROUGH THE CREATION OF A GLOBAL DESTINATION WHICH RECOGNIZES STEWARDSHIP OF THE LAND AS THE CORNERSTONE OF AN INSPIRED COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCHEDULE O GWINNETT COUNTY, GEORGIA (THE "COUNTY OR "GWINNETT COUNTY') HAS AN OPPORTUNITY TO DEVELOP 1800 ACRES IN THE COUNTY, LOCATED CENTRALLY BETWEEN THREE MAJOR ECONOMIC CENTERS IN THE STATE OF GEORGIA (ATLANTA, ATHENS, AND GAINESVILLE) AND EQUIDISTANT FROM THREE MAJOR RESEARCH UNIVERSITIES (THE UNIVERSITY OF GEORGIA, GEORGIA INSTITUTE OF TECHNOLOGY, AND EMORY UNIVERSITY). THE COUNTY'S VISION IS TO DEVELOP THE LAND INTO A DISTRICT FOR AGRICULTURAL, MEDICAL, ENVIRONMENTAL, AND HIGH TECHNOLOGY RESEARCH AS WELL AS RESEARCH-RELATED MANUFACTURING AND SUPPORT SERVICES (THE "DISTRICT'). THE CORPORATION WILL PROMOTE SOCIAL WELFARE, INCLUDING, BUT NOT LIMITED TO: (I) ECONOMIC DEVELOPMENT BY ATTRACTING EDUCATION, TRAINING, RESEARCH, JOB CREATION, INNOVATION, AND TRANSFORMATION TO THE CORPORATION'S PROPERTY AND THE SURROUNDING AREA; (II) ADVANCING PUBLIC HEALTH FOR THE COMMUNITY AT LARGE; (III) PROVIDING A PLACE WHERE THE LAND, ITS COLLECTIVE HISTORY, AND THE DEVELOPMENT OF IT AND THE CORPORATION'S OTHER ASSETS ARE MANAGED CONSISTENTLY AND RESPECTFULLY FOR THE BENEFIT OF THE COMMUNITY; AND (IV) REDUCING THE BURDENS OF GOVERNMENT. THE CORPORATION'S ECONOMIC DEVELOPMENT ACTIVITIES ARE TWO-FOLD: REAL-ESTATE PROGRAMMING WILL ATTRACT BUSINESS TO THE DISTRICT AND TO SURROUNDING AREAS; INNOVATION PROGRAMMING DEFINES THE WAYS IN WHICH THE CORPORATION WILL CREATE VALUE FOR THE COUNTY, THE STATE OF GEORGIA, AND PRIVATE AND INSTITUTIONAL PARTNERS, DISTINGUISHING ITSELF IN A GLOBAL INNOVATION ECONOMY. ANALYSIS OF BUSINESS AND ACADEMIC RESOURCES IN GEORGIA, AS WELL AS INTERNATIONAL PRESSURES FOR INNOVATION, REVEAL THREE INTER-RELATED AREAS OF FOCUS FOR THE DISTRICT'S TENANTS AND PROPERTY OWNERS: MEDICAL RESEARCH, TECHNOLOGY, AND APPROACHES TO PREVENTATIVE CARE; AGRICULTURAL RESEARCH, TECHNOLOGY, AND ENVIRONMENTAL SENSITIVITY; AND ENVIRONMENTAL RESEARCH AND TECHNOLOGY THAT CAN REDUCE THE IMPRINT OF ALL SECTORS ON THE ENVIRONMENT. IT IS THE INTERRELATEDNESS OF THE DISTRICT'S THREE AREAS OF FOCUS THAT WILL BE THE PRIMARY DRIVERS OF ECONOMIC DEVELOPMENT. THE DISTRICT'S DESIGN, AMENITIES, AND CHARACTER WILL APPEAL TO MANY PUBLIC AND PRIVATE INSTITUTIONS, BUT THE DISTRICT'S COMPETITIVE ADVANTAGE AND ITS ABILITY TO ADD VALUE TO GWINNETT COUNTY AND GEORGIA LIE IN THE UNIQUE COLLABORATION THAT CAN TAKE PLACE THERE. THE THREE AREAS OF FOCUS FOR THE DISTRICT- MEDICAL, AGRICULTURAL, AND ENVIRONMENTAL - ARE ALL DIRECTLY CORRELATED WITH ADVANCING PUBLIC HEALTH. EACH OF THESE AREAS OF PUBLIC HEALTH CANNOT ADVANCE WITHOUT CONSIDERATION OF ALL OF THEM. FOR INSTANCE, DIGITAL MONITORING OF CHEMICALS USED IN AGRICULTURE CAN REDUCE THE IMPACT OF CHEMICALS ON THE ENVIRONMENT AND IMPROVE THE HEALTH OF COMMUNITY MEMBERS. MORE EFFICIENT PRODUCTION OF FOOD CAN DECREASE THE AMOUNT OF LAND NEEDED FOR AGRICULTURE. THE GROWTH IN WHOLISTIC APPROACHES TO HEALTH RELY ON HEALTHY EATING AND CLEAN AIR AND WATER. NOT ONLY WILL RESEARCH AND OTHER ACTIVITIES TAKING PLACE IN THE DISTRICT FOCUS ON HEALTH AND THE ENVIRONMENT, AMONG OTHER DISCIPLINES, BUT THE DISTRICT ITSELF WILL PROMOTE HEALTHY LIFESTYLES BY DEVELOPING PARKS, WALK/RUN/BIKE PATHS AND SPACES FOR SOCIAL, BUSINESS, AND EDUCATIONAL GATHERINGS.
    Expenses $3,209,073

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-3049933
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible (Pub 78)
Organization other than a public charity or private foundation
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$100,017,980
Income (IRS master file)
$68,707

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$68,707$3,828,687$100,017,980XML
990December 2023$223,884$2,844,014$90,848,661XML
990December 2022$106,398$2,323,101$79,016,659IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-3049933).

Questions about ROWEN FOUNDATION INC

What is the EIN of ROWEN FOUNDATION INC?
The employer identification number (EIN) of ROWEN FOUNDATION INC is 85-3049933.
Is ROWEN FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2020.
Are donations to ROWEN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation).
Which annual return does ROWEN FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ROWEN FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ROWEN FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ROWEN FOUNDATION INC?
The 990 for the year ended December 31, 2024 names MASON AILSTOCK.
Who are the officers and directors of ROWEN FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does ROWEN FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $68,707, expenses of $3,828,687 and total assets of $100,017,980 at year end.

Other nonprofits in LAWRENCEVILLE

All nonprofits in LAWRENCEVILLE · Georgia · Community improvement and capacity building