Charles Lee Powell Foundation
Charles Lee Powell Foundation is a private foundation, based in DEL MAR, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $59.1M in total assets. In 2024, it awarded 5 grants totaling $2.8M. Net investment income was $6.8M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$59.1M
+3.2% YoY
Annual Giving
$2.8M
+0.2% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$556K
-19.9% YoY
Under IRS private-foundation payout rules, Charles Lee Powell Foundation reported a distributable amount of $2.9M for 2024 — the minimum it must pay out in qualifying distributions.
About Charles Lee Powell Foundation
Based on IRS filings
Charles Lee Powell Foundation is a private foundation, based in DEL MAR, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $59.1M in total assets. In 2024, it awarded 5 grants totaling $2.8M. Net investment income was $6.8M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $59,106,886 | $57,283,726 | $52,581,116 |
| Revenue | $7,397,400 | $-341,472 | $968,257 |
| Expenses | $3,653,286 | $3,700,124 | $3,459,426 |
| Qualifying Distributions | $3,026,130 | $3,021,761 | $3,020,638 |
| Net Investment Income | $6,795,813 | $851,278 | $548,875 |
| Distributable Amount | $2,862,416 | $2,638,104 | $2,750,485 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of California San Diego ($825,000), Stanford University ($650,000), University of Southern California ($650,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF CALIFORNIA SAN DIEGO LA JOLLA, CA | Education | $825,000 |
| STANFORD UNIVERSITY STANFORD, CA | Education | $650,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA LOS ANGELES, CA | EDUCATION | $650,000 |
| CALIFORNIA INSTITUTE OF TECHNOLOGY PASADENA, CA | EDUCATION | $650,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA LOS ANGELES, CA | MEMORIAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| William J Holliday | President / CEO | 29 | $120,000 |
| William M Low | Director | 3 | $30,000 |
| Margaret Mangin | Director | 3 | $27,900 |
| Charles Castle | Director | 3 | $27,900 |
| Mary F Berglund | Director | 3 | $30,000 |
Frequently Asked Questions
How large is Charles Lee Powell Foundation?
As of 2024, Charles Lee Powell Foundation holds $59.1M in total assets with $7.4M in annual revenue. It awarded 5 grants totaling $2.8M in 2024.
Where does Charles Lee Powell Foundation operate?
Charles Lee Powell Foundation has awarded grants in California, Florida.
What size grants does Charles Lee Powell Foundation award?
In 2024, Charles Lee Powell Foundation awarded 5 grants totaling $2.8M — an average of about $556K per grant, based on its IRS Form 990 filings.
How much is Charles Lee Powell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Lee Powell Foundation reported a distributable amount of $2.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charles Lee Powell Foundation's EIN?
Charles Lee Powell Foundation's EIN (Employer Identification Number) is 23-7064397. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Charles Lee Powell Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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