Lela E Powers Trust 29 007166
Lela E Powers Trust 29 007166 is a private foundation, based in MUNCIE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $241K in total assets. In 2024, it awarded 6 grants totaling $313K. Net investment income was $104K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$241K
-50.1% YoY
Annual Giving
$313K
+52.8% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$52K
+52.8% YoY
Under IRS private-foundation payout rules, Lela E Powers Trust 29 007166 reported a distributable amount of $170K for 2024 — the minimum it must pay out in qualifying distributions.
About Lela E Powers Trust 29 007166
Based on IRS filings
Lela E Powers Trust 29 007166 is a private foundation, based in MUNCIE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $241K in total assets. In 2024, it awarded 6 grants totaling $313K. Net investment income was $104K.
Ready to take the next step with Lela E Powers Trust 29 007166?
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 | $240,572 | $482,172 | $578,422 |
| Revenue | $129,424 | $156,950 | $122,510 |
| Expenses | $371,024 | $253,156 | $169,627 |
| Qualifying Distributions | $343,680 | $229,380 | $146,806 |
| Net Investment Income | $104,385 | $134,197 | $102,350 |
| Distributable Amount | $170,142 | $337,693 | $222,343 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wabash College ($109,718), Moody Bible Institute ($62,696), American Bible Society ($47,022).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN BIBLE SOCIETY PHILADELPHIA, PA | GENERAL OPERATIONS | $47,022 |
| LAFAYETTE YMCA LAFAYETTE, IN | GENERAL OPERATIONS | $31,348 |
| SALVATION ARMY HOFFMAN ESTATES, IL | GENERAL OPERATIONS | $31,348 |
| WABASH COLLEGE CRAWFORDSVILLE, IN | GENERAL OPERATIONS | $109,718 |
| MOODY BIBLE INSTITUTE CHICAGO, IL | GENERAL OPERATIONS | $62,696 |
| AMERICAN ADVENT MISSION SOCIETY CHARLOTTE, NC | GENERAL OPERATIONS | $31,348 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Frequently Asked Questions
How large is Lela E Powers Trust 29 007166?
As of 2024, Lela E Powers Trust 29 007166 holds $241K in total assets with $129K in annual revenue. It awarded 6 grants totaling $313K in 2024.
Where does Lela E Powers Trust 29 007166 operate?
Lela E Powers Trust 29 007166 has awarded grants in Illinois, Indiana, North Carolina, Pennsylvania.
What size grants does Lela E Powers Trust 29 007166 award?
In 2024, Lela E Powers Trust 29 007166 awarded 6 grants totaling $313K — an average of about $52K per grant, based on its IRS Form 990 filings.
How much is Lela E Powers Trust 29 007166 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lela E Powers Trust 29 007166 reported a distributable amount of $170K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lela E Powers Trust 29 007166's EIN?
Lela E Powers Trust 29 007166's EIN (Employer Identification Number) is 35-6039274. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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