Potomac Institute is a private foundation focused on Arts, Culture & Humanities, based in ROCKVILLE, MD. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $244K in total assets. In 2023, it awarded 6 grants totaling $49K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$244K
+128.9% YoY
Annual Giving
$49K
+475.2% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$8K
+283.5% YoY
Under IRS private-foundation payout rules, Potomac Institute reported a distributable amount of $9K for 2023 — the minimum it must pay out in qualifying distributions.
About Potomac Institute
Based on IRS filings
Potomac Institute is a private foundation focused on Arts, Culture & Humanities, based in ROCKVILLE, MD. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $244K in total assets. In 2023, it awarded 6 grants totaling $49K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $244,179 | $106,654 | $84,985 |
| Revenue | $191,608 | $55,651 | $85,000 |
| Expenses | $54,083 | $33,982 | $15 |
| Qualifying Distributions | $49,469 | $8,600 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $9,167 | $4,178 | $158 |
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 2023
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include China Music Foundation ($30,000), Strathmore Hall Foundation ($13,989), Philaharmonic of Great Washington ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Strathmore Hall Foundation North Bethesda, MD | To further charitable cause | $13,989 |
| Amazing Culture & Arts Center North Potomac, MD | To further charitable cause | $1,480 |
| China Music Foundation Newark, DE | To further charitable cause | $30,000 |
| Greater Washington Chinese Dance Reston, VA | To further charitable cause | $1,000 |
| Philaharmonic of Great Washington Gaithersburg, MD | To further charitable cause | $2,000 |
| Greater Washington Nanjing University Ass Rockville, MD | To further charitable cause | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Weiguo Zhang | President | 10 | — |
| Alanoud Alsulaiman | Secretary | 10 | — |
| Daniel Zhang | Member of the Board | 5 | — |
| Qian Yin | Member of the Board | 5 | — |
| Annie Zhang | Member of the Board | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Potomac Institute?
Potomac Institute is a private foundation focused on Arts, Culture & Humanities, based in ROCKVILLE, MD. It holds $244K in total assets as of 2023.
How large is Potomac Institute?
As of 2023, Potomac Institute holds $244K in total assets with $192K in annual revenue. It awarded 6 grants totaling $49K in 2023.
Where does Potomac Institute operate?
Potomac Institute has awarded grants in Delaware, Maryland, Virginia.
What size grants does Potomac Institute award?
In 2023, Potomac Institute awarded 6 grants totaling $49K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Potomac Institute required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Potomac Institute reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Potomac Institute's EIN?
Potomac Institute's EIN (Employer Identification Number) is 86-3153051. IRS Form 990 filing data is available on this page for 2021–2023.
Explore Open Grants
Browse active grant opportunities in Potomac Institute's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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