Power Foundation Inc
Power Foundation Inc is a private foundation, based in Baltimore, MD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2K in total assets. In 2025, it awarded 8 grants totaling $11K.
Power Foundation Inc at a glance
In short: Power Foundation Inc gave $11K across 8 grants in 2025 (avg $1K), mostly in Maryland. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $11,000
- -12.0% vs 2024
- Grants made (2025)
- 8
- +0.0% vs 2024
- Average grant
- $1,375
- -12.0% vs 2024
- Median grant
- $500
- Total assets
- $2,306
- -74.2% vs 2024
- Primary geography
- Maryland (55% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Power Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Baltimore Educational Scholarship Trust ($5K). Together the top 8 received $11K.
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 40 grants of 40 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Power Foundation Inc gives
- Giving fell 45% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $11K (2025) to $23K (2020). In 2025 it made 8 grants totaling $11K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Baltimore Educational Scholarship Trust Baltimore, MD | Charitable | $5,000 |
| St Benedict's Preparatory School Newark, NJ | Charitable | $2,500 |
| Towson University Foundation Inc Towson, MD | Charitable | $1,000 |
| A Better Chance New York, NY | Charitable | $500 |
| American Indian College Fund Denver, CO | Charitable | $500 |
| Posse Foundation New York, NY | Charitable | $500 |
| Prep for Prep New York, NY | Charitable | $500 |
| St Vincent Academy Newark, NJ | Charitable | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $2,306 | $13,100 | $14,248 | $11,000 | 8 | $14,248 | $54 |
| 2024 | $8,954 | $5,000 | $14,832 | $12,500 | 8 | $14,832 | $342 |
| 2023 | $11,286 | $23,000 | $17,482 | $15,000 | 8 | $15,000 | $248 |
| 2022 | $6,768 | $26,700 | $22,422 | $20,000 | 8 | $20,000 | $204 |
| 2021 | $1,490 | $22,500 | $22,443 | $20,000 | 8 | $20,000 | $238 |
| 2020 | $1,433 | $24,675 | $23,985 | $22,650 | 8 | — | $109 |
| 2019 | $743 | $23,200 | $23,176 | $21,750 | 8 | — | $102 |
Under IRS private-foundation payout rules, Power Foundation Inc reported a distributable amount of $54 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Power Foundation Inc is led by Michael C Ford, President, Treasurer & Director on every filing since 2019; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael C Ford
President, Treasurer & Director
On filings since 2019
5 hrs/week
No compensation reported
Adriane I Davis
Secretary & Director
On filings since 2019
1 hr/week
No compensation reported
Karen Y Bond
Director
On filings since 2019
1 hr/week
No compensation reported
Vanessa A Watson-Ford
Vice President & Director
On filings since 2019
5 hrs/week
No compensation reported
William F Kornegay Jr.
Director
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Power Foundation Inc
How much does Power Foundation Inc give each year?
Power Foundation Inc gave $11K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $13K across 8 grants.
What is Power Foundation Inc's typical grant size?
Power Foundation Inc's median grant in 2025 was $500, and its average grant was $1,375, across 8 grants on its 2025 IRS Form 990-PF.
Where does Power Foundation Inc give grants?
Power Foundation Inc gives mostly in Maryland: 55% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (27%) and New York (14%). The most frequent recipient cities were New York, NY (3 grants) and Newark, NJ (2 grants).
Does Power Foundation Inc give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Power Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (8 grants).
Who are Power Foundation Inc's largest grantees?
Power Foundation Inc's largest 2025 grantees include Baltimore Educational Scholarship Trust ($5,000), St Benedict's Preparatory School ($2,500) and Towson University Foundation Inc ($1,000), according to its 2025 IRS Form 990-PF. Together they received 77% of its itemized 2025 grant dollars.
How large is Power Foundation Inc?
Power Foundation Inc reported $2K in total assets on its 2025 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $54 (roughly 5% of its investment assets).
What is Power Foundation Inc's EIN?
Power Foundation Inc's EIN (Employer Identification Number) is 26-0343071. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 22, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 19, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 23, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Power Foundation Inc's focus areas in our free grants database
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