Stempower Inc
Stempower Inc is a private foundation based in Swampscott, Massachusetts. Its 2024 filing reports direct charitable activity supporting hands-on science, technology, engineering, and math education for pre-university students using laboratory equipment.
Stempower Inc at a glance
In short: Stempower Inc gave $2.0M across 13 grants in 2024 (avg $155K), top state Iowa. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,014,794
- -10.7% vs 2023
- Grants made (2024)
- 13
- -7.1% vs 2023
- Average grant
- $154,984
- -3.8% vs 2023
- Median grant
- $7,370
- Total assets
- $153,291
- -24.5% vs 2023
- Primary geography
- Iowa (0% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Stempower Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Its website also provides a new-center application questionnaire for institutions seeking a STEM center; it says funding is limited to an individual recipient and asks applicants to email the completed questionnaire.
- Contact
Mailing address: 65 Galloupes Point Road, Swampscott, MA 01907
Phone: (703) 463-4468
Website: https://www.stempower.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Stempower Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Abayidaya Mens Club Association Uganda ($24K). Together the top 5 received $46K.
Organizations only. It also paid 8 grants to individuals ($1,968,968), which are not listed by name.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 19 grants of 27 (70%).
Geographic Focus
Where this funder awards grants
The website says new STEM-center funding is limited to an individual recipient The 2024 filing lists grants to an individual recipient, Abayid AYA Mens Club Association Uganda, and the University of Eswatini, as well as a recipient in West Des Moines, Iowa. Other listed recipient locations are not specified.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
How Stempower Inc gives
- In 2024 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 2023 to 2024, annual grant giving ranged from $2.0M (2024) to $2.3M (2023). In 2024 it made 13 grants totaling $2.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 8 grants to individuals Recipients not named | — | $1,968,968 |
| Abayidaya Mens Club Association Uganda | To provide a higher level of science, technology, engineering, and math education through the use of hands on training on lab equipment to pre-university students. | $23,756 |
| Ripples of Change Foundation West Des Moines, IA | To provide a higher level of science, technology, engineering, and math education through the use of hands on training on lab equipment to pre-university students. | $7,370 |
| Jewel Starfish Foundation | To provide a higher level of science, technology, engineering, and math education through the use of hands on training on lab equipment to pre-university students. | $7,000 |
| University of Eswatini | To provide a higher level of science, technology, engineering, and math education through the use of hands on training on lab equipment to pre-university students. | $4,700 |
| Covenant Hope College | To provide a higher level of science, technology, engineering, and math education through the use of hands on training on lab equipment to pre-university students. | $3,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $153,291 | $2,064,457 | $2,107,920 | $2,014,794 | 13 | $2,023,963 | $2,555 | $11,267 |
| 2023 | $202,954 | $2,331,049 | $2,345,092 | $2,255,572 | 14 | $2,264,246 | — | $14,620 |
| 2022 | $225,297 | $2,475,009 | $3,129,239 | — | — | — | — | — |
| 2021 | $1,278,956 | $3,041,969 | $2,858,393 | — | — | — | — | — |
| 2020 | $1,032,260 | $1,547,539 | $829,689 | — | — | — | — | — |
Under IRS private-foundation payout rules, Stempower Inc reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
STEMpower’s stated mission includes solving societal problems through hands-on, lab-based STEM education and strengthening nations through engineering skills. Its website describes work involving physical lab equipment, teacher training, and STEM, innovation, entrepreneurship, and industrialization education.
The 2024 filing describes grants as supporting hands-on STEM education for pre-university students. Recipients included individual recipients and organizations such as an individual recipient, Abayid AYA Mens Club Association Uganda, Ripples of Change Foundation, Jewel Starfish Foundation, University of Eswatini, and Covenant Hope College.
Grantmaking
In 2024, Stempower Inc reported 13 grants totaling $2,014,794. Grant amounts ranged from $1,335 to $716,035, with a median of $7,370. The largest listed grants were $716,035, $671,697, and $345,128 to individual recipients, and $220,095 to an individual recipient Other listed grants included $23,756 to Abayid AYA Mens Club Association Uganda and $7,370 to Ripples of Change Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mark Gelfand as president and Edwin Kumfa as CEO. It also lists Tim Veldman as treasurer/CFO; Shachar Zahavi as secretary; and Mou Deng Riiny, Galit Cohen, and Daniel Lark as directors.
Stempower Inc is led by Edwin Kumfa, CEO on the 2024 filing; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Edwin Kumfa
CEO
New on the 2024 filing
1 hr/week
No compensation reported
Mark Gelfand
President
Director → President, 2022
On filings since 2020
1 hr/week
No compensation reported
Daniel Lark
Director
On filings since 2022
1 hr/week
No compensation reported
Galit Cohen
Director
On filings since 2022
1 hr/week
No compensation reported
Mou Deng Riiny
Director
On filings since 2022
1 hr/week
No compensation reported
Shachar Zahavi
Secretary
Clerk & Director → Secretary, 2022
On filings since 2020
1 hr/week
No compensation reported
Tim Veldman
Treasurer & CFO
On filings since 2020
1 hr/week
No compensation reported
Former officers (5)
- Former: Tamrat Birhanu (2020–2023) — Director
- Former: Daniel Lacks (2023) — Director
- Former: Abebe Girmay (2020–2021) — Director
- Former: Helen Mesfin (2020–2021) — Director
- Former: Kidist Gebreamlak (2020–2021) — President & Executive Director · Filing note: Thru aug 2021
Data from IRS Form 990 filings, 2020–2024. "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 Stempower Inc
How much does Stempower Inc give each year?
Stempower Inc gave $2.0M across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.3M across 14 grants.
What is Stempower Inc's typical grant size?
Stempower Inc's median grant in 2024 was $7,370, and its average grant was $154,984, across 13 grants on its 2024 IRS Form 990-PF.
Does Stempower Inc give general operating support?
Not in 2024: none of the 13 grants with a stated purpose on Stempower Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are Stempower Inc's largest grantees?
Stempower Inc's largest 2024 grantees include Abayidaya Mens Club Association Uganda ($23,756), Ripples of Change Foundation ($7,370) and Jewel Starfish Foundation ($7,000), according to its 2024 IRS Form 990-PF. It also paid 8 grants to individuals ($1,968,968), which are not listed by name. Together they received 2% of its itemized 2024 grant dollars.
How large is Stempower Inc?
Stempower Inc reported $153K in total assets on its 2024 IRS Form 990-PF. It paid out $2.0M in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).
What does Stempower Inc fund?
STEMpower’s stated mission includes solving societal problems through hands-on, lab-based STEM education and strengthening nations through engineering skills. See mission & focus areas ↑
How do I apply for a grant from Stempower Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Stempower Inc make grants?
The website says new STEM-center funding is limited to an individual recipient The 2024 filing lists grants to an individual recipient, Abayid AYA Mens Club Association Uganda, and the University of Eswatini, as well as a recipient in West Des Moines, Iowa. Other listed recipient locations are not specified.
What is Stempower Inc's EIN?
Stempower Inc's EIN (Employer Identification Number) is 83-2778390. IRS Form 990 filing data is available on this page for 2020–2024.
Does Stempower Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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