Lela E Powers Trust 29 007166

MUNCIE, IN EIN: 35-6039274

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

+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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $406K (45%)

Illinois $271K (30%)

Pennsylvania $135K (15%)

North Carolina $90K (10%)

States

Illinois Indiana North Carolina Pennsylvania

Cities

CharlotteChicagoCrawfordsvilleHoffman EstatesLafayettePhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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.