The Picower Foundation
The Picower Foundation is a private foundation, based in Palm Beach, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.2M in total assets. In 2025, it awarded 1 grant totaling $50K. Net investment income was $170K.
The Picower Foundation at a glance
In short: The Picower Foundation gave $50K across 1 grant in 2025 (avg $50K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $50,000
- -80.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $50,000
- -80.0% vs 2024
- Median grant
- $50,000
- Total assets
- $4,223,784
- +2.6% vs 2024
- Primary geography
- North Carolina (100% 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 The Picower Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Somos Siembra ($50K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How The Picower Foundation gives
- Giving fell 80% from 2022 to 2025. Method
- In 2025 it paid out 29% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2020 to 2025, annual grant giving ranged from $50K (2025) to $250K (2024). In 2025 it made 1 grant totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Somos Siembra Charlotte, NC | General Operating Support | $50,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,223,784 | $170,106 | $62,383 | $50,000 | 1 | $59,433 | $170,106 | $204,316 |
| 2024 | $4,116,061 | $212,195 | $263,994 | $250,000 | 1 | $258,900 | $212,195 | $206,526 |
| 2023 | $4,167,860 | $208,206 | $255,758 | $250,000 | 1 | $254,541 | $208,206 | $208,800 |
| 2022 | $4,215,412 | $65,299 | $256,679 | $250,000 | 1 | $256,679 | $65,299 | $216,010 |
| 2021 | $4,406,792 | $16,536 | $256,108 | $250,000 | 1 | $256,108 | $16,536 | $228,000 |
| 2020 | $4,646,364 | $41,034 | $256,180 | $250,000 | 1 | — | $41,034 | $239,141 |
Under IRS private-foundation payout rules, The Picower Foundation reported a distributable amount of $204K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Picower Foundation is led by Barbara Picower, President since 2021 (on filings since 2020); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Barbara Picower
President
Trustee & Executive → President, 2021
On filings since 2020
1 hr/week
No compensation reported
Gerald C. McNamara
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Martin R. Post
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
William D. Zabel
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 The Picower Foundation
How much does The Picower Foundation give each year?
The Picower Foundation gave $50K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $250K across 1 grant.
How large is The Picower Foundation?
The Picower Foundation reported $4.2M in total assets on its 2025 IRS Form 990-PF. It paid out $59K in qualifying distributions that year, against a required minimum of $204K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Picower Foundation operate?
The Picower Foundation has awarded grants in California, North Carolina, New York, South Carolina.
What is The Picower Foundation's EIN?
The Picower Foundation's EIN (Employer Identification Number) is 13-6927043. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 23, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
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