Power Forward Communities Inc
Power Forward Communities Inc at a glance
In short: Power Forward Communities Inc gave $5.5M across 4 grants in 2024 (avg $1.4M), mostly in District of Columbia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $5,491,887
- Grants made (2024)
- 4
- Average grant
- $1,372,972
- Median grant
- $194,885
- Total assets
- $2,009,871,590
- +2009871490.0% vs 2023
- Primary geography
- District of Columbia (92% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Power Forward Communities Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Rewiring America Community Investment Fund Inc ($5.0M). Together the top 4 received $5.5M.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 4 grants totaling $5.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rewiring America Community Investment Fund Inc Washington, DC | Execute on objectives of power forward communities ncif workplan | $5,028,252 |
| Local Initiatives Support Corporation New York, NY | Execute on objectives of power forward communities ncif workplan | $244,756 |
| United Way Worldwide Alexandria, VA | Execute on objectives of power forward communities ncif workplan | $145,013 |
| Enterprise Green Accelerator Inc Columbia, MD | Execute on objectives of power forward communities ncif workplan | $73,866 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $2,009,871,590 | $9,484,569 | $9,484,569 | $5,491,887 | 4 |
| 2023 | $100 | $100 | — | — | — |
About Power Forward Communities Inc
Based on IRS filings
Power Forward Communities Inc is a public charity, based in Columbia, MD. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.0B in total assets. In 2024, it awarded 4 grants totaling $5.5M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Power Forward Communities Inc is led by Timothy Mayopoulos, President, CEO, Director A & O on the 2024 filing; 2 of 17 officers listed in 2024 are compensated.
Officers on the 2024 filing
Timothy Mayopoulos
President, CEO, Director A & O
New on the 2024 filing
20 hrs/week
$206K (2024)
Ari Matusiak
Director & Co-Chair
On filings since 2023
1 hr/week
No compensation reported
Shaun Donovan
Director & Co-Chair
On filings since 2023
1 hr/week
No compensation reported
Alexander Laskey
Director
New on the 2024 filing
1 hr/week
No compensation reported
Angela Williams
Director
New on the 2024 filing
1 hr/week
No compensation reported
Ashley Swearengin
Director
New on the 2024 filing
1 hr/week
No compensation reported
Ismael Guerrero
Director
New on the 2024 filing
1 hr/week
No compensation reported
Jonathan Reckford
Director
New on the 2024 filing
1 hr/week
No compensation reported
Kevin Walker
Director
New on the 2024 filing
1 hr/week
No compensation reported
Lynn Jurich
Director
New on the 2024 filing
1 hr/week
No compensation reported
Michael Pugh
Director
New on the 2024 filing
1 hr/week
No compensation reported
Oj Semans Sr.
Director
New on the 2024 filing
1 hr/week
No compensation reported
Phyllis Caldwell
Director
New on the 2024 filing
1 hr/week
No compensation reported
Tonya Allen
Director
New on the 2024 filing
1 hr/week
No compensation reported
Victoria Woodards
Director
New on the 2024 filing
1 hr/week
No compensation reported
Vincent Alvarez
Director
New on the 2024 filing
1 hr/week
No compensation reported
William Jenkins
Senior Vice President, COO A & O
New on the 2024 filing
40 hrs/week
$279K (2024)
Former officers (3)
- Former: Bill Beckmann (2023) — Treasuer
- Former: Linda Manley (2023) — Secretary
- Former: Tim Mayopoulos (2023) — Director, Interim President & CEO
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $279K, to William Jenkins (SVP and COO a/O 5/24). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Power Forward Communities Inc
How much does Power Forward Communities Inc give each year?
Power Forward Communities Inc gave $5.5M across 4 grants in 2024, according to its 2024 IRS Form 990.
What is Power Forward Communities Inc's typical grant size?
Power Forward Communities Inc's median grant in 2024 was $194,885, and its average grant was $1,372,972, across 4 grants on its 2024 IRS Form 990.
Where does Power Forward Communities Inc give grants?
Power Forward Communities Inc gives mostly in District of Columbia: 92% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.
Does Power Forward Communities Inc give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Power Forward Communities Inc's 2024 IRS Form 990 were described as general or operating support.
How large is Power Forward Communities Inc?
Power Forward Communities Inc reported $2.0B in total assets on its 2024 IRS Form 990. Its revenue that year was $9.5M.
What is Power Forward Communities Inc's EIN?
Power Forward Communities Inc's EIN (Employer Identification Number) is 93-2705500. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2023–2024
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