The Power Family Foundation
The Power Family Foundation is a private foundation based in Chicago, Illinois. Its 2025 filing is marked as the organization’s final return: it says the foundation used its remaining funds for operational expenses and charitable distributions in line with its intention to dissolve, then ceased operations with no remaining assets. It therefore appears to have wound down and stopped grantmaking.
The Power Family Foundation at a glance
In short: The Power Family Foundation gave $2.6M across 20 grants in 2025 (avg $128K), mostly in Illinois. 35% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,552,138
- +322.9% vs 2024
- Grants made (2025)
- 20
- +25.0% vs 2024
- Average grant
- $127,607
- +238.3% vs 2024
- Median grant
- $10,000
- New grantees (estimate)
- 35% first-time grantees (7 of 20, 2025; small sample)
- Primary geography
- Illinois (52% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Power Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation stated in its final filing that it made contributions only to preselected charitable organizations and does not accept unsolicited requests. This is not a current application opportunity, as the foundation has ceased operations.
- Contact
Mailing address: 70 W Madison Street 55Th Floor, Chicago, IL 60602-4212
Phone: (312) 236-9381
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Power Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Notre Dame ($1.1M). Together the top 10 received $2.5M.
Grant Size Distribution
74 grants across all recorded years
The most common grant size was under $50K: 56 grants of 74 (76%).
Geographic Focus
Where this funder awards grants
In 2025, 52% of grant dollars went to recipients in Illinois, 45% to Indiana, 2% to New York, and 1% to Ohio. These figures describe the locations of grant recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
Cities
Is The Power Family Foundation open to new grantees?
35%
first-time grantees, 2025
In 2025, 7 of 20 grantees (35%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $163K; repeat grants $108K. How we count
Medians: $10K first-time, $10K repeat.
- 45% of 2025 grantees were also funded in 2024. Method
- Giving grew 1029% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $106K (2021) to $2.6M (2025). In 2025 it made 20 grants totaling $2.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Notre Dame Notre Dame, IN | General Support | $1,150,000 |
| Power Family Charitable Gift Fund Chicago, IL | General Support | $1,049,138 |
| Big Shoulders Fund Chicago, IL | General Support | $110,000 |
| Beverly Area Planning Association Chicago, IL | General Support | $50,000 |
| St Barnabas Catholic Church Chicago, IL | General Support | $35,000 |
| The Ireland Funds New York, NY | General Support | $25,000 |
| Historic Royal Palaces Foundation New York, NY | General Support | $25,000 |
| Cleveland Clinic Cleveland, OH | General Support | $20,000 |
| Mercy Home for Boys and Girls Chicago, IL | General Support | $15,000 |
| Greater Chicago Food Bank Chicago, IL | General Support | $10,000 |
Ready to take the next step with The Power Family Foundation?
Financial History
Multi-year comparison from IRS filings
— = not provided.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | — | $666,762 | $2,567,528 | $2,552,138 | 20 | $2,555,156 | $653,714 | $34,093 |
| 2024 | $1,900,838 | $232,500 | $626,023 | $603,500 | 16 | $607,299 | $210,173 | $74,508 |
| 2023 | $2,299,653 | $228,588 | $843,292 | $822,500 | 14 | $825,212 | $199,538 | $74,240 |
| 2022 | $2,909,648 | $400,024 | $249,256 | $226,000 | 17 | $229,197 | $120,067 | $79,735 |
| 2021 | $2,758,225 | $508,245 | $121,444 | $106,000 | 7 | $106,100 | $485,726 | $151,687 |
| 2020 | $2,371,424 | $158,139 | $324,900 | $311,000 | 11 | — | $32,702 | $130,215 |
Under IRS private-foundation payout rules, The Power Family Foundation reported a distributable amount of $34K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission is stated in the available information. Its 2025 grants included support for education-related organizations, community organizations, a food bank, health-related organizations, and other charitable recipients. These descriptions reflect the grantees’ own missions, not a stated mission of the foundation. For example, Big Shoulders Fund says it supports underserved schools providing quality, values-based education for Chicago children; Lynn Sage Breast Cancer Foundation says it invests in early-career doctors and innovative research to help eradicate breast cancer.
Grantmaking
In 2025, the foundation reported 20 grants totaling $2,552,138. The median grant was $10,000; grants ranged from $1,000 to $1,150,000. The largest listed grants were $1,150,000 to the University of Notre Dame for general support; $1,049,138 to the Power Family Charitable Gift Fund for general support; $110,000 to Big Shoulders Fund for general support; and $50,000 to Beverly Area Planning Association for general support. Other listed recipients included St Barnabas Catholic Church ($35,000), The Ireland Funds ($25,000), Historic Royal Palaces Foundation ($25,000), Cleveland Clinic ($20,000), Mercy Home for Boys and Girls ($15,000), Greater Chicago Food Bank ($10,000), Leo High School ($10,000), and Lynn Sage Breast Cancer Foundation ($10,000).
The filing describes the $1,049,138 transfer to the Power Family Charitable Gift Fund as the foundation’s final distributions, made in three installments on December 16 and 18, 2025. The foundation also states that it has ceased all operations and has no remaining assets.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Joseph A Power Jr as president and director, and Susan V Power and Joseph A Power III as directors.
The Power Family Foundation is led by Joseph A. Power Jr., President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joseph A. Power Jr.
President & Director
On filings since 2020
0.1 hrs/week
No compensation reported
Joseph A. Power III
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Susan V. Power
Director
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 Power Family Foundation
How much does The Power Family Foundation give each year?
The Power Family Foundation gave $2.6M across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $604K across 16 grants.
What is The Power Family Foundation's typical grant size?
The Power Family Foundation's median grant in 2025 was $10,000, and its average grant was $127,607, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Power Family Foundation that year got $163K on average.
Where does The Power Family Foundation give grants?
The Power Family Foundation gives mostly in Illinois: 52% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Indiana (45%). The most frequent recipient cities were Chicago, IL (14 grants) and New York, NY (3 grants).
Does The Power Family Foundation give general operating support?
Yes: 100% of The Power Family Foundation's 2025 grants with a stated purpose (20 of 20) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Power Family Foundation's largest grantees?
The Power Family Foundation's largest 2025 grantees include University of Notre Dame ($1,150,000), Power Family Charitable Gift Fund ($1,049,138) and Big Shoulders Fund ($110,000), according to its 2025 IRS Form 990-PF. Together they received 90% of its itemized 2025 grant dollars.
What does The Power Family Foundation fund?
No foundation mission is stated in the available information. Its 2025 grants included support for education-related organizations, community organizations, a food bank, health-related organizations, and other charitable recipients. See mission & focus areas ↑
How do I apply for a grant from The Power Family Foundation?
The foundation stated in its final filing that it made contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is The Power Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Power Family Foundation reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Power Family Foundation's EIN?
The Power Family Foundation's EIN (Employer Identification Number) is 36-4381677. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Power Family Foundation 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 September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 6, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 11, 2025)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 26, 2024)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Power Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Power Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Power Family Foundation funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/the-power-family-foundation-morg_258ded8dad1547cdb2f0ad1f3255a457
BibTeX
@misc{grantable_364381677_2026,
author = {{Grantable}},
title = {{The Power Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-power-family-foundation-morg_258ded8dad1547cdb2f0ad1f3255a457},
note = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Power Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Power Family Foundation down — hundreds of funders to go?