Powell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLNWOOD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $151K in total assets. In 2024, it awarded 11 grants totaling $93K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$151K
-38.3% YoY
Annual Giving
$93K
-5.1% YoY
Grant Count
11
-21.4% YoY
Avg Grant Size
$8K
+20.8% YoY
Under IRS private-foundation payout rules, Powell Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Powell Foundation
Based on IRS filings
Powell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLNWOOD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $151K in total assets. In 2024, it awarded 11 grants totaling $93K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $150,909 | $244,403 | $342,047 |
| Revenue | $2,502 | $2,366 | $3,501 |
| Expenses | $97,039 | $102,162 | $106,940 |
| Qualifying Distributions | — | — | $106,783 |
| Net Investment Income | $4,270 | $5,029 | $4,886 |
| Distributable Amount | $9,397 | $11,704 | $14,274 |
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
68 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Colorado Animal Rescue Express ($15,000), Dogs for Better Lives ($15,000), Rocky Mountain Raptor Program ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PET PARTNERS BELLEVUE, WA | ANIMAL WELFARE | $5,000 |
| ROCKY MOUNTAIN RAPTOR PROGRAM FORT COLLINS, CO | ANIMAL WELFARE | $10,000 |
| TREE HOUSE HUMANE SOCIETY CHICAGO, IL | ANIMAL WELFARE | $8,000 |
| SAVE A PET INC GRAYSLAKE, IL | ANIMAL WELFARE | $5,000 |
| BEST FRIENDS ANIMAL SOCIETY KANAB, UT | ANIMAL WELFARE | $10,000 |
| COLORADO ANIMAL RESCUE EXPRESS ENGLEWOOD, CO | ANIMAL WELFARE | $15,000 |
| DEFENDERS OF ANIMAL RIGHTS PHOENIX, MD | ANIMAL WELFARE | $5,000 |
| SIT STAY READ INC CHICAGO, IL | ANIMAL WELFARE | $10,000 |
| DOGS FOR BETTER LIVES CENTRAL POINT, OR | ANIMAL WELFARE | $15,000 |
| COMPANION ANIMAL PROGRAM CHATHAM, MA | ANIMAL WELFARE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARITA POWELL | CO-TRUSTEE | 1 | $275 |
| MICHAEL MILLER | CO-TRUSTEE | 2 | $800 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Powell Foundation?
Powell Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLNWOOD, IL. It holds $151K in total assets as of 2024.
How large is Powell Foundation?
As of 2024, Powell Foundation holds $151K in total assets with $3K in annual revenue. It awarded 11 grants totaling $93K in 2024.
Where does Powell Foundation operate?
Powell Foundation has awarded grants in Arizona, Colorado, Georgia, Illinois, Massachusetts, Maryland, Nevada, Oregon, Utah, Washington.
What size grants does Powell Foundation award?
In 2024, Powell Foundation awarded 11 grants totaling $93K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Powell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Powell Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Powell Foundation's EIN?
Powell Foundation's EIN (Employer Identification Number) is 20-4747466. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Powell Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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