Fusion Power Associates
Fusion Power Associates is a private foundation, based in GAITHERSBURG, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $240K in total assets. In 2024, it made $185K in qualifying distributions. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$240K
+0.9% YoY
Revenue
$185K
+4.9% YoY
Qualifying Distributions
$185K
+4.7% YoY
Expenses
$185K
+4.7% YoY
About Fusion Power Associates
Based on IRS filings
Fusion Power Associates is a private foundation, based in GAITHERSBURG, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $240K in total assets. In 2024, it made $185K in qualifying distributions. Net investment income was $2K.
Ready to take the next step with Fusion Power Associates?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $240,070 | $237,922 | $224,548 |
| Revenue | $185,408 | $176,768 | $163,661 |
| Expenses | $185,011 | $176,724 | $163,274 |
| Qualifying Distributions | $185,011 | $176,724 | $163,274 |
| Net Investment Income | $1,970 | $4,443 | $4,680 |
| Distributable Amount | $7,085 | $7,786 | $7,052 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR STEPHEN O DEAN | PRESIDENT OFFICER | 20 | $79,300 |
| RUTH A WATKINS | VICE-PRESIDENT ADMINISTRATOR | 5 | $13,010 |
| PROF MOHAMED ABDOU | DIRECTOR | 1 | — |
| DR MICHAEL CAMPBELL | DIRECTOR | 1 | — |
| DR TAMMY MA | DIRECTOR | 1 | — |
| MR DAVID BABINEAU | DIRECTOR | 1 | — |
| DR MICHAEL BINDERBAUER | DIRECTOR | 1 | — |
| DR KIMBERLY BUDIL | DIRECTOR | 1 | — |
| DR FARHAT BEG | DIRECTOR | 1 | — |
| DR DALE MEADE RETIRED | DIRECTOR | 1 | — |
| DR SIGFRIED GLENZER | DIRECTOR | 1 | — |
| DR WAYNE SOLOMON | DIRECTOR | 1 | — |
| DR STEVEN COWLEY | DIRECTOR | 1 | — |
| PROF GERALD NAVRATIL | DIRECTOR | 1 | — |
| DR STEPHEN OBENSCHAIN | DIRECTOR | 1 | — |
| DR MICHAEL FARRELL | DIRECTOR | 1 | — |
| PROF FRANCOIS WAELBROECK | DIRECTOR | 1 | — |
| DR SUSANA REYES | CHAIR, DIRECTOR | 1 | — |
| PROF YICAN WU | DIRECTOR | 1 | — |
| DR EVA KOSTADINOVA | OFFICER | 1 | — |
| DR DANIEL SINARS | DIRECTOR | 1 | — |
| DRCHRISTOPHER DEENEY | DIRECTOR | 1 | — |
| DR JOHN KLINE | DIRECTOR | 1 | — |
| PROF RYOSUKE KODAMA | DIRECTOR | 1 | — |
| DR JAMES VAN DAM | DIRECTOR | 1 | — |
| DR SUK JAE YOO | DIRECTOR | 1 | — |
| PROF YUNTAO SONG | DIRECTOR | 1 | — |
| DR MARK TILLACK | OFFICER | 1 | — |
| PROF NUNO LOUREIRO | DIRECTOR | 1 | — |
| DR MICKEEY WADE | DIRECTOR | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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