Samuel C & Myra G Powell Foundation

OGDEN, UT EIN: 87-6163275

Samuel C & Myra G Powell Foundation is a private foundation, based in OGDEN, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 2 grants totaling $129K. Net investment income was $254K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.0M

+1.5% YoY

Annual Giving

$129K

-9.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$65K

-9.0% YoY

Under IRS private-foundation payout rules, Samuel C & Myra G Powell Foundation reported a distributable amount of $273K for 2024 — the minimum it must pay out in qualifying distributions.

About Samuel C & Myra G Powell Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Utah $723K (100%)

States

Utah

Cities

OgdenSalt Lake City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,997,543	$3,936,916	$3,900,110
Revenue	$312,238	$219,786	$-63,753
Expenses	$277,270	$278,067	$260,459
Qualifying Distributions	$216,965	$224,830	$200,687
Net Investment Income	$254,091	$166,549	$20,393
Distributable Amount	$273,032	$234,203	$238,856

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

16 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ogden Weber Tech College Foundation ($80,000), Ogden School Foundation ($49,250).

Recipient	Purpose	Amount
OGDEN SCHOOL FOUNDATION OGDEN, UT	CLASSROOM GRANTS, TEACHER COLLABORATION ROOM, FOOD PANTRY, MATCHING OF FUNDS DONATED	$49,250
OGDEN WEBER TECH COLLEGE FOUNDATION OGDEN, UT	NEED BASED AND ACADEMIC ACHIEVEMENT SCHOLARSHIPS, SPONSORSHIP OF STUDENT SUCCESS.	$80,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CHARLES BARKER	CHAIR	1	$31,300
MARY L BARKER	VICE CHAIR	1	$31,300
ANN E BARKER	MEMBER	1	$15,500
NATHAN D FELIX	MEMBER	1	$21,500
CHIHYON DEAN	MEMBER	1	$15,500

Frequently Asked Questions

How large is Samuel C & Myra G Powell Foundation?

As of 2024, Samuel C & Myra G Powell Foundation holds $4.0M in total assets with $312K in annual revenue. It awarded 2 grants totaling $129K in 2024.

Where does Samuel C & Myra G Powell Foundation operate?

Samuel C & Myra G Powell Foundation has awarded grants in Utah.

What size grants does Samuel C & Myra G Powell Foundation award?

In 2024, Samuel C & Myra G Powell Foundation awarded 2 grants totaling $129K — an average of about $65K per grant, based on its IRS Form 990 filings.

How much is Samuel C & Myra G Powell Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Samuel C & Myra G Powell Foundation reported a distributable amount of $273K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Samuel C & Myra G Powell Foundation's EIN?

Samuel C & Myra G Powell Foundation's EIN (Employer Identification Number) is 87-6163275. IRS Form 990 filing data is available on this page for 2020–2024.