Power Foundation Inc
BALTIMORE, MD EIN: 26-0343071
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$9K
-20.7% YoY
Annual Giving
$13K
-16.7% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$2K
-16.7% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,954 | $11,286 | $6,768 |
| Revenue | $5,000 | $23,000 | $26,700 |
| Expenses | $14,832 | $17,482 | $22,422 |
| Qualifying Distributions | $14,832 | $15,000 | $20,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $342 | $248 | $204 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Power Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael C Ford | Pres, Treas, Director | 5 | — |
| Vanessa A Watson-Ford | Vice-Pres, Director | 5 | — |
| Adriane I Davis | Secretary, Director | 1 | — |
| Karen Y Bond | Director | 1 | — |
| William F Kornegay Jr | Director | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Maryland $44K (49%)
New Jersey $26K (29%)
New York $16K (18%)
Colorado $4K (4%)
Cities
BaltimoreDenverNew YorkNewardNewarkTowson
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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