Powell Family Foundation
Powell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in King of Prussia, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 26 grants totaling $290K. Net investment income was $177K.
Key facts about Powell Family Foundation
- EIN
- 82-4737241
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $290,299
- Grants made (2024)
- 26
- Average grant
- $11,165
- Median grant
- $2,250
- New grantees (estimate)
- 54% first-time grantees (14 of 26, 2024)
- Total assets
- $4,114,619
- Primary geography
- Massachusetts (38% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Powell Family Foundation funds
By grant dollars, the top recipient states for Powell Family Foundation's 26 itemized 2024 grants were Massachusetts (38%), New Jersey (27%) and Pennsylvania (25%). The most frequent recipient cities were Philadelphia, PA (7 grants), New York, NY (3 grants), Bala Cynwyd, PA (3 grants) and Miami, FL (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is Powell Family Foundation open to new grantees?
54%
first-time grantees, 2024
In 2024, 14 of 26 grantees (54%) were first-time recipients. First grants averaged $3K; repeat grants $21K. How we count
Medians: $2K first-time, $7K repeat.
- 38% of 2024 grantees were also funded in 2023. Method
- Giving grew 37% from 2021 to 2024. Method
- In 2024 it paid out 122% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Powell Family Foundation
- How to evaluate Powell Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.1M
-3.6% YoY
Annual Giving
$290K
+22.0% YoY
Grant Count
26
+13.0% YoY
Avg Grant Size
$11K
+7.9% YoY
Under IRS private-foundation payout rules, Powell Family Foundation reported a distributable amount of $269K for 2024 — the minimum it must pay out in qualifying distributions.
About Powell Family Foundation
Based on IRS filings
Powell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in King of Prussia, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 26 grants totaling $290K. Net investment income was $177K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 26 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,114,619 | $4,267,783 | $4,321,668 |
| Revenue | $211,042 | $246,938 | $175,377 |
| Expenses | $364,206 | $300,823 | $287,469 |
| Qualifying Distributions | $328,400 | $264,528 | $243,708 |
| Net Investment Income | $177,497 | $210,643 | $139,034 |
| Distributable Amount | $268,620 | $238,149 | $247,708 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
113 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include American Friends of Libi ($110,000), Atlantic Cape Foundation ($60,000), Jewish Federation of Greater Phila ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF LIBI Brighton, MA | GENERAL | $110,000 |
| ATLANTIC CAPE FOUNDATION Mays Landing, NJ | GENERAL | $60,000 |
| JEWISH FEDERATION OF GREATER PHILA Philadelphia, PA | GENERAL | $25,000 |
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA Philadelphia, PA | GENERAL | $25,000 |
| ASPEN VALLEY SKI & SNOWBOARD CLUB Aspen, CO | GENERAL | $10,000 |
| TARA MILLER FOUNDATION Margate, NJ | GENERAL | $10,000 |
| WOMEN OF TOMORROW Miami, FL | GENERAL | $9,500 |
| CHABAD OF TRIBECA New York, NY | GENERAL | $6,120 |
| BORO OF LONGPORT Longport, NJ | GENERAL | $6,100 |
| CAL RIPKEN SR FOUNDATION Philadelphia, PA | GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jon Powell | Director | 1 | $20,000 |
| Jill Powell | Director | 1 | — |
| Jessica Isen | Vice President-Charitable Giving | — | $25,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Powell Family Foundation?
Powell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in King of Prussia, PA. It holds $4.1M in total assets as of 2024.
How large is Powell Family Foundation?
As of 2024, Powell Family Foundation holds $4.1M in total assets with $211K in annual revenue. It awarded 26 grants totaling $290K in 2024.
Where does Powell Family Foundation operate?
Powell Family Foundation has awarded grants in Colorado, Delaware, Florida, Georgia, Louisiana, Massachusetts, Minnesota, New Jersey, Nevada, New York, Ohio, Pennsylvania.
What size grants does Powell Family Foundation award?
In 2024, Powell Family Foundation awarded 26 grants totaling $290K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Powell Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Powell Family Foundation reported a distributable amount of $269K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Powell Family Foundation's EIN?
Powell Family Foundation's EIN (Employer Identification Number) is 82-4737241. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.