Powell-wise Tchar

BUFFALO, NY EIN: 52-1057233

Powell-wise Tchar is a private foundation, based in BUFFALO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $727K in total assets. In 2024, it awarded 8 grants totaling $38K. Net investment income was $54K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$727K

+1.9% YoY

Annual Giving

$38K

-16.2% YoY

Grant Count

8

+33.3% YoY

Avg Grant Size

$5K

-37.2% YoY

Under IRS private-foundation payout rules, Powell-wise Tchar reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.

About Powell-wise Tchar

Based on IRS filings

Powell-wise Tchar is a private foundation, based in BUFFALO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $727K in total assets. In 2024, it awarded 8 grants totaling $38K. Net investment income was $54K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

CarlisleCedarvilleChambersburgChicagoCollege ParkCumberlandDurhamFrederickFrostburgLynchburgMorgantownTowsonWaynesboroWaynesburgWestminsterWinchester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K20202021202220232024
Metric202420232022
Total Assets$726,961$713,217$732,544
Revenue$55,833$29,679$38,118
Expenses$41,227$48,860$72,467
Qualifying Distributions$39,200$45,000$59,675
Net Investment Income$54,307$26,458$33,519
Distributable Amount$41,096$37,424$39,549

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$29K$44K$58K11 grants20206 grants20217 grants20226 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

FROSTBURG STATE UNIVERSITY$15KALLEGANY COLLEGE OF MARY…$7KWILSON COLLEGE$3KHOOD COLLEGE$3KWEST VIRGINIA UNIVERSITY$3KLIBERTY UNIVERSITY$2KUNIVERSITY OF MARYLAND$2KUNIVERSITY OF CHICAGO$2K

Grant Size Distribution

38 grants across all recorded years

38<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Frostburg State University ($15,210), Allegany College of Maryland ($7,207), Wilson College ($3,157).

RecipientPurposeAmount
ALLEGANY COLLEGE OF MARYLAND CUMBERLAND, MDSCHOLARSHIP$7,207
FROSTBURG STATE UNIVERSITY FROSTBURG, MDSCHOLARSHIP$15,210
UNIVERSITY OF MARYLAND COLLEGE PARK, MDSCHOLARSHIP$2,030
WEST VIRGINIA UNIVERSITY MORGANTOWN, WVSCHOLARSHIP$2,706
UNIVERSITY OF CHICAGO CHICAGO, ILSCHOLARSHIP$2,030
HOOD COLLEGE FREDERICK, MDSCHOLARSHIP$3,142
LIBERTY UNIVERSITY LYNCHBURG, VASCHOLARSHIP$2,218
WILSON COLLEGE CHAMBERSBURG, PASCHOLARSHIP$3,157

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Powell-wise Tchar?

As of 2024, Powell-wise Tchar holds $727K in total assets with $56K in annual revenue. It awarded 8 grants totaling $38K in 2024.

Where does Powell-wise Tchar operate?

Powell-wise Tchar has awarded grants in Illinois, Maryland, North Carolina, Ohio, Pennsylvania, Virginia, West Virginia.

What size grants does Powell-wise Tchar award?

In 2024, Powell-wise Tchar awarded 8 grants totaling $38K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Powell-wise Tchar required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Powell-wise Tchar reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Powell-wise Tchar's EIN?

Powell-wise Tchar's EIN (Employer Identification Number) is 52-1057233. IRS Form 990 filing data is available on this page for 2020–2024.

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

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