Powell Family Foundation Inc

Private foundation · Grantmaker Miami, FL EIN: 65-0934241

POWELL FAMILY FOUNDATION INC is a private foundation based in Miami, Florida. Its 2024 filing reports 17 grants totaling $466,015 to organizations in Florida and other states.

Key facts about Powell Family Foundation Inc

In short: Powell Family Foundation Inc gave $466K across 17 grants in 2024 (avg $27K), mostly in Florida. 18% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
65-0934241
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$466,015
Grants made (2024)
17
Average grant
$27,413
Median grant
$10,000
New grantees (estimate)
18% first-time grantees (3 of 17, 2024)
Total assets
$7,551,263
Primary geography
Florida (73% of itemized 2024 grant dollars)
How to apply
The filing says the foundation does not restrict giving to preselected organizations. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.6M

-2.2% YoY

Annual Giving

$466K

-19.8% YoY

Grant Count

17

-29.2% YoY

Avg Grant Size

$27K

+13.3% YoY

Under IRS private-foundation payout rules, Powell Family Foundation Inc reported a distributable amount of $448K for 2024 — the minimum it must pay out in qualifying distributions.

Is Powell Family Foundation Inc open to new grantees?

18%

first-time grantees, 2024

In 2024, 3 of 17 grantees (18%) were first-time recipients. First grants averaged $20K; repeat grants $29K. How we count

Medians: $10K first-time, $10K repeat.

  • 76% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−2%). Method
  • In 2024 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s mission is not stated. Its 2024 grants included organizations whose stated missions cover a range of activities. For example, Samaritan’s Purse describes its work as providing spiritual and physical aid to people affected by war, poverty, natural disasters, disease, and famine. Yellow Ribbon Fund says it supports wounded, ill, and injured service members and their families and caregivers. Miami City Ballet describes its mission as presenting dance performances and training dancers.

Other 2024 grantees describe work in student-athletics (University Athletic Association), support for returning service members (Soldier Strong), women’s education and the performing arts (Stephens College), disaster assistance in North Carolina’s High Country (Elk River Helping Hands), and faith-based mental health services and education (Wellspring Counseling).

Grantmaking

In 2024, the foundation made 17 grants totaling $466,015. Grants ranged from $1,000 to $150,000, with a median of $10,000. The largest grants were $150,000 to University of Florida Foundation Inc, $100,000 to Florida Achievement Support Trust, and $50,000 each to Miami Cancer Institute and Samaritan’s Purse Inc. Other notable grants included $25,000 to Yellow Ribbon Fund, $16,015 to University Athletic Association Inc, and $15,000 to Soldier Strong.

Review Cycle

, and restrictions on awards are listed as N/A.

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Geographic Focus

Where this funder awards grants

In 2024, 73% of grant dollars went to recipients in Florida, 14% to North Carolina, 5% to Maryland, 3% to Connecticut, and 2% to Missouri.

Grant Distribution by State

9states

Share of 2024 grant dollars across all 17 itemized grants.

Cities

MiamiCoral GablesGainesvillePalmetto BayBathesdaBlowing RockColumbiaWashingtonAlexandriaBanner ElkCamdenFort LauderdaleStamfordBooneCorale GablesNorth MiamiPonte VedraQuanticoTauntonArlington

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K25 grants2020 18 grants2021 24 grants2022 24 grants2023 17 grants2024

From 2020 to 2024, annual grant giving ranged from $379K (2020) to $581K (2023). In 2024 it made 17 grants totaling $466K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

University of Florida Foundation Inc: $150KUniversity of FloridaFoundation Inc$150KFlorida Achievement Support Trust: $100KFlorida Achievement SupportTrust$100KMiami Cancer Institute: $50KMiami Cancer Institute$50KSamaritan's Purse Inc: $50KSamaritan's Purse Inc$50KYellow Ribbon Fund: $25KYellow Ribbon Fund$25KUniversity Athletic Association Inc: $16KUniversity AthleticAssociation Inc$16KSoldier Strong: $15KSoldier Strong$15KStephens College: $10KStephens College$10KWellspring Counseling: $10KWellspring Counseling$10KElk River Helping Hands: $10KElk River Helping Hands$10K

The largest 2024 recipient was University of Florida Foundation Inc ($150K). Together the top 10 received $436K.

Grant Size Distribution

108 grants across all recorded years

93<$50K9$50–100K5$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 93 grants of 108 (86%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Florida Foundation Inc Gainesville, FLCharitable$150,000
Florida Achievement Support Trust Corale Gables, FLCharitable$100,000
Miami Cancer Institute Miami, FLCharitable$50,000
Samaritan's Purse Inc Boone, NCCharitable$50,000
Yellow Ribbon Fund Bathesda, MDCharitable$25,000
University Athletic Association Inc Gainesville, FLCharitable$16,015
Soldier Strong Stamford, CTCharitable$15,000
Stephens College Columbia, MOCharitable$10,000
Wellspring Counseling Palmetto Bay, FLCharitable$10,000
Elk River Helping Hands Banner Elk, NCCharitable$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $7,551,263 $379,827 $550,328 $466,015
2023 $7,721,764 $749,755 $678,592 $580,735
2022 $7,665,439 $573,212 $548,864 $483,015
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$7,551,263$7,721,764$7,665,439
Revenue$379,827$749,755$573,212
Expenses$550,328$678,592$548,864
Qualifying Distributions$466,015$580,735$483,015
Net Investment Income$299,452$651,898$517,363
Distributable Amount$447,661$409,806$465,399

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Earl Powell as president/director, Christy Powell as secretary/director, and Brian Misunias as treasurer/director.

Powell Family Foundation Inc is led by Earl Powell, President & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Earl Powell

    President & Director

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Brian Misunias

    Treasurer & Director

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Christy Powell

    Secretary & Director

    On filings since 2020

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Earl Powell
Mailing address: 3444 Main Highway 2Nd Floor, Miami, FL 33133
Phone: (305) 858-2200

Frequently asked questions about Powell Family Foundation Inc

How much does Powell Family Foundation Inc give each year?

Powell Family Foundation Inc gave $466K across 17 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $581K across 24 grants.

What is Powell Family Foundation Inc's typical grant size?

Powell Family Foundation Inc's median grant in 2024 was $10,000, and its average grant was $27,413, across 17 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Powell Family Foundation Inc that year got $20K on average.

Where does Powell Family Foundation Inc give grants?

Powell Family Foundation Inc gives mostly in Florida: 73% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were North Carolina (14%) and Maryland (5%). The most frequent recipient cities were Gainesville, FL (2 grants), Miami, FL (2 grants) and Boone, NC (2 grants).

Does Powell Family Foundation Inc give general operating support?

Not in 2024: none of the 17 grants with a stated purpose on Powell Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (17 grants).

Who are Powell Family Foundation Inc's largest grantees?

Powell Family Foundation Inc's largest 2024 grantees include University of Florida Foundation Inc ($150,000), Florida Achievement Support Trust ($100,000) and Miami Cancer Institute ($50,000), according to its 2024 IRS Form 990-PF. Together they received 64% of its itemized 2024 grant dollars.

How large is Powell Family Foundation Inc?

Powell Family Foundation Inc reported $7.6M in total assets on its 2024 IRS Form 990-PF. It paid out $466K in qualifying distributions that year, against a required minimum of $448K (roughly 5% of its investment assets).

What does Powell Family Foundation Inc fund?

The foundation’s mission is not stated. Its 2024 grants included organizations whose stated missions cover a range of activities. For example, Samaritan’s Purse describes its work as providing spiritual and physical aid to people affected by war, poverty, natural disasters, disease, and famine. See mission & focus areas ↑

How do I apply for a grant from Powell Family Foundation Inc?

The filing says the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Powell Family Foundation Inc's EIN?

Powell Family Foundation Inc's EIN (Employer Identification Number) is 65-0934241. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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