EIN 85-3049933

Rowen Foundation

IRS 501(c) type
501(c)(4)
Num. employees
0
State
Year formed
2020
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Rowen Foundation leads the planning and visioning of Rowen, ensuring the long-term vision is never compromised. Their mission is to be a catalyst for education, research, innovation, and transformation while recognizing stewardship of the land as the cornerstone of an inspired community. Mason Ailstock runs the foundation from Lawrenceville, GA.
Total revenues
$106,398
2022
Total expenses
$2,323,101
2022
Total assets
$79,016,659
2022
Num. employees
0
2022

Program areas at Rowen Foundation

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.

Personnel at Rowen Foundation

NameTitleCompensation
Mason AilstockChief Executive Officer , Treasurer , Secretary$0
Trey SwalmChief Financial Officer$0
Sachin D ShailendraDirector , Chair$0

Financials for Rowen Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$106,398
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$106,398

Form 990s for Rowen Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-02990View PDF
2021-122022-09-20990View PDF
2020-122021-10-08990View PDF

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Data update history
September 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 28, 2023
Updated personnel
Identified 5 new personnel
September 24, 2023
Used new vendors
Identified 1 new vendor, including
July 31, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
279 W Crogan St
Lawrenceville, GA 30046
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
Website URL
rowenlife.com/ 
Phone
(404) 821-0638
IRS details
EIN
85-3049933
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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