Powell Charitable Foundation
The Powell Charitable Foundation is a private grantmaking foundation established in 1967 and based in Roanoke, Virginia. The foundation is classified as a 501(c)(3) organization and has been tax-exempt since June 2003. It operates as a private foundation distributing funds for public charitable purposes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.5M
+6.3% YoY
Annual Giving
$550K
+11.1% YoY
Grant Count
58
+9.4% YoY
Avg Grant Size
$9K
+1.5% YoY
Mission & Focus Areas
The foundation supports nonprofit organizations in the following areas:
- Education
- The Arts
- Conservation
- Human Services
- Health
The foundation distributes funds with a direct impact within its geographic zone of interest.
Grantmaking
The Powell Charitable Foundation considers funding requests for:
Grant Range
s and Activity
Grant Types
How to Apply
The foundation does not accept unsolicited applications.
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Geographic Focus
Where this funder awards grants
The Powell Charitable Foundation focuses its funding on:
- Harris County, Texas
- Travis County, Texas
- Walker County, Texas
Recent grant recipients also indicate activity in Virginia, including organizations in Roanoke, Salem, Lynchburg, and Meadowview.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Revenue (2024)
- Total Assets: $10.8–$11.5 million
- Revenue: $1.57 million
- Expenses: $884,000
- Total Liabilities: $0
Historical Assets
- 2023: $10.0 million
- 2022: $9.5 million
- 2021: $10.9 million
- 2020: $10.2 million
- 2015: $7.8 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,475,225 | $10,791,475 | $9,950,861 |
| Revenue | $1,567,866 | $1,674,019 | $1,223,242 |
| Expenses | $884,116 | $833,405 | $808,364 |
| Qualifying Distributions | $611,688 | $560,513 | $523,600 |
| Net Investment Income | $74,197 | $46,276 | — |
| Distributable Amount | $610,850 | $549,491 | $550,174 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
236 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel include:
- Paul A. Powell Jr. – Trustee (compensation: $138,000)
- Waid B. Powell – Trustee (compensation: $60,000)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL A POWELL JR | TRUSTEE | — | $138,000 |
Contact Information
- Phone: 713-523-5557
- Website: powellfoundation.org
- Location: Roanoke, Virginia (also listed as Salem, Virginia in some filings)
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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The Roth Family Foundation
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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