The Powers Family Foundation Inc
The Powers Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in REISTERSTOWN, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $286K in total assets. In 2024, it awarded 6 grants totaling $77K. Net investment income was $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$286K
-15.8% YoY
Annual Giving
$77K
+234.8% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$13K
+123.2% YoY
Under IRS private-foundation payout rules, The Powers Family Foundation Inc reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About The Powers Family Foundation Inc
Based on IRS filings
The Powers Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in REISTERSTOWN, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $286K in total assets. In 2024, it awarded 6 grants totaling $77K. Net investment income was $25K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $286,194 | $339,997 | $376,132 |
| Revenue | $27,577 | $-8,180 | $10,671 |
| Expenses | $81,380 | $27,955 | $37,816 |
| Qualifying Distributions | $79,500 | $25,813 | $29,815 |
| Net Investment Income | $25,291 | $5,608 | $8,067 |
| Distributable Amount | $17,424 | $16,934 | $17,911 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Maryland ($55,000), The Associated ($10,000), Comprehensive Housing ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHIZUK AMUNO CONGREGATION PIKESVILLE, MD | GENERAL SUPPORT | $1,000 |
| COMPREHENSIVE HOUSING NEW YORK, NY | GENERAL SUPPORT | $5,000 |
| MCDONOGH SCHOOL INC OWINGS MILLS, MD | GENERAL SUPPORT | $1,000 |
| SINAI HOSPITAL NEW YORK, NY | GENERAL SUPPORT | $5,000 |
| THE ASSOCIATED BALTIMORE, MD | GENERAL SUPPORT | $10,000 |
| UNIVERSITY OF MARYLAND BALTIMORE, MD | GENERAL SUPPORT | $55,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALVIN M POWERS DECEASED | PRESIDENT & DIRECTOR | 1 | — |
| MARK A POWERS | VICE-PRESIDENT | 1 | — |
| JEFFREY B POWERS | PRESIDENT | 1 | — |
| BARRY WEISKOPF | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Powers Family Foundation Inc?
The Powers Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in REISTERSTOWN, MD. It holds $286K in total assets as of 2024.
How large is The Powers Family Foundation Inc?
As of 2024, The Powers Family Foundation Inc holds $286K in total assets with $28K in annual revenue. It awarded 6 grants totaling $77K in 2024.
Where does The Powers Family Foundation Inc operate?
The Powers Family Foundation Inc has awarded grants in Maryland, Michigan, New York.
What size grants does The Powers Family Foundation Inc award?
In 2024, The Powers Family Foundation Inc awarded 6 grants totaling $77K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Powers Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Powers Family Foundation Inc reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Powers Family Foundation Inc's EIN?
The Powers Family Foundation Inc's EIN (Employer Identification Number) is 20-3999895. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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