Mary E Powell Trust

BELLEFONTAINE, OH EIN: 34-6532522

Mary E Powell Trust is a private foundation, based in BELLEFONTAINE, OH. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $3K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$3K

-7.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1K

-7.1% YoY

Under IRS private-foundation payout rules, Mary E Powell Trust reported a distributable amount of $300 for 2021 — the minimum it must pay out in qualifying distributions.

About Mary E Powell Trust

Based on IRS filings

Mary E Powell Trust is a private foundation, based in BELLEFONTAINE, OH. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $3K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $5K (100%)

States

Ohio

Cities

Bellefontaine

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$7,361
Revenue	$3,303	$2,746
Expenses	$9,868	$6,544
Qualifying Distributions	$3,300	—
Net Investment Income	—	—
Distributable Amount	$300	$622

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2021

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Barbara Metz ($2,400), H Marie Downing ($200).

Recipient	Purpose	Amount
Barbara Metz Bellefontaine, OH	Financial Aid	$2,400
H Marie Downing Bellefontaine, OH	Financial Aid	$200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
D Fred Burton	President	2	$800
Barbara Stewart	Vice President	2	$800
J MacAlpine Smith	Secretary-Treasurer	2	$1,200

Frequently Asked Questions

Where does Mary E Powell Trust operate?

Mary E Powell Trust has awarded grants in Ohio.

What size grants does Mary E Powell Trust award?

In 2021, Mary E Powell Trust awarded 2 grants totaling $3K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Mary E Powell Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Mary E Powell Trust reported a distributable amount of $300 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.