Powell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRANCHVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53K in total assets. In 2024, it awarded 2 grants totaling $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$53K
+35.4% YoY
Annual Giving
$5K
+80.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$3K
-10.0% YoY
Under IRS private-foundation payout rules, Powell Family Foundation reported a distributable amount of $2K 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 BRANCHVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53K in total assets. In 2024, it awarded 2 grants totaling $5K.
Focus Areas
Ready to take the next step with Powell Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $53,158 | $39,258 | $42,959 |
| Revenue | $20,000 | — | $12,500 |
| Expenses | $6,100 | $3,701 | $4,607 |
| Qualifying Distributions | $6,100 | $3,701 | $4,607 |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,959 | $2,056 | $1,766 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Foodbank of Southeastern Virginia ($5,000), Tommy C Knight Family ($400).
| Recipient | Purpose | Amount |
|---|---|---|
| FOODBANK OF SOUTHEASTERN VIRGINIA NORFOLK, VA | GRANT FOR FOOD RELIEF | $5,000 |
| TOMMY C KNIGHT FAMILY COURTLAND, VA | HARDSHIP-WASTE MANAGEMENT FEES | $400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT H POWELL III | PRESIDENT | 1 | — |
| ELAYNE P POWELL | VP/SECRETARY | 1 | — |
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 BRANCHVILLE, VA. It holds $53K in total assets as of 2024.
How large is Powell Family Foundation?
As of 2024, Powell Family Foundation holds $53K in total assets with $20K in annual revenue. It awarded 2 grants totaling $5K in 2024.
Where does Powell Family Foundation operate?
Powell Family Foundation has awarded grants in Virginia.
What size grants does Powell Family Foundation award?
In 2024, Powell Family Foundation awarded 2 grants totaling $5K — an average of about $3K 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 $2K 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 85-4303127. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Powell Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Nicholson Aaaa Charitable
NORFOLK, VA
Assets
$65K
Grants
13
Total Given
$66K
The Richard S Glasser Family Foundation
NORFOLK, VA
Assets
$3.3M
Grants
39
Total Given
$318K
The Kian Don and Dupre Foundation
WILMINGTON, DE
Assets
$5.3M
Grants
15
Total Given
$520K
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
Sofia Konikoff Foundation
VIRGINIA BEACH, VA
Assets
$13K
Grants
3
Total Given
$13K
The Pruden Foundation
VIRGINIA BEACH, VA
Assets
$2.8M
Grants
26
Total Given
$2.8M
Means Database Inc
WASHINGTON, DC
Assets
$832K
Grants
108
Total Given
$113.5M
Southern Bank Foundation
MOUNT OLIVE, NC
Assets
$16.3M
Grants
101
Total Given
$1.2M
Vandeventer Black Foundation
NORFOLK, VA
Assets
$354K
Grants
12
Total Given
$11K
The Blocker Foundation
SUFFOLK, VA
Assets
$107.6M
Grants
69
Total Given
$4.6M
Dreyfus Foundation
VIRGINIA BEACH, VA
Assets
$19.6M
Grants
14
Total Given
$1.5M
Share Our Strength
WASHINGTON, DC
Assets
$62.6M
Grants
330
Total Given
$18.1M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Powell Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities