Powell Foundation Inc

TUPELO, MS EIN: 37-1873776

Powell Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUPELO, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 1 grants totaling $505K. Net investment income was $502K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.3M

-0.1% YoY

Annual Giving

$505K

-1.1% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$505K

+196.8% YoY

About Powell Foundation Inc

Based on IRS filings

Powell Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUPELO, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 1 grants totaling $505K. Net investment income was $502K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AtlantaBeldenMadisonMemphisOxfordRidgelandRochesterTupelo

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$203K$406K$609K$812K20202021202220232024
Metric202420232022
Total Assets$9,253,990$9,266,507$9,585,626
Revenue$642,724$314,329$609,142
Expenses$655,241$633,448$738,269
Qualifying Distributions$505,000$510,500$602,500
Net Investment Income$502,112$196,766$490,650
Distributable Amount$582,883$516,309$528,986

Giving Over Time

Total grant dollars and number of grants per year

$0$151K$301K$452K$603K12 grants20206 grants20212 grants20223 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

CREATE FOUNDATION - NORT…$505K

Grant Size Distribution

24 grants across all recorded years

18<$50K1$50–100K$100–250K2$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
EDWARD O POWELLPRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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