Potential of One is a private foundation focused on Education, based in CHARLOTTE, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $123K in total assets. In 2024, it made $55K in qualifying distributions. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$123K
+0.8% YoY
Revenue
$5K
+479.1% YoY
Qualifying Distributions
$55K
Expenses
$56K
+2155.6% YoY
About Potential of One
Based on IRS filings
Potential of One is a private foundation focused on Education, based in CHARLOTTE, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $123K in total assets. In 2024, it made $55K in qualifying distributions. Net investment income was $4K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $122,548 | $121,560 | $98,430 |
| Revenue | $4,679 | $808 | — |
| Expenses | $55,985 | $2,482 | $392 |
| Qualifying Distributions | $55,313 | — | — |
| Net Investment Income | $4,054 | $808 | — |
| Distributable Amount | — | — | — |
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
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANTHONY V V FAULKNER | PRES, TREAS, SECRETARY, DIRECTOR | 2 | — |
| VICTORIA E COX | DIRECTOR | 2 | — |
| CHRISTOPHER L ARSENAULT | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Potential of One?
Potential of One is a private foundation focused on Education, based in CHARLOTTE, MI. It holds $123K in total assets as of 2024.
How large is Potential of One?
As of 2024, Potential of One holds $123K in total assets with $5K in annual revenue.
What is Potential of One's EIN?
Potential of One's EIN (Employer Identification Number) is 85-4344123. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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