Power Foundation Inc

BALTIMORE, MD EIN: 26-0343071

Power Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9K in total assets. In 2024, it awarded 8 grants totaling $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

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

About Power Foundation Inc

Based on IRS filings

Power Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9K in total assets. In 2024, it awarded 8 grants totaling $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BaltimoreDenverNew YorkNewardNewarkTowson

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$15K$22K$29K20202021202220232024
Metric202420232022
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

$0$6K$11K$17K$23K8 grants20208 grants20218 grants20228 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

BALTIMORE EDUCATIONAL SC…$5KST BENEDICT'S PREPARATOR…$4KTOWSON UNIVERSITY FOUNDA…$2KA BETTER CHANCE$500AMERICAN INDIAN COLLEGE …$500POSSE FOUNDATION$500PREP FOR PREP$500ST VINCENT ACADEMY$500

Grant Size Distribution

40 grants across all recorded years

40<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Michael C FordPres, Treas, Director5
Vanessa A Watson-FordVice-Pres, Director5
Adriane I DavisSecretary, Director1
Karen Y BondDirector1
William F Kornegay JrDirector1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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