The Powers Family Foundation
The Powers Family Foundation is a private foundation based in New York City, New York. Established in 1991 and tax-exempt since December 1992, it operates as a 501(c)(3) organization with the primary purpose of grantmaking.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$13.9M
+6.1% YoY
Annual Giving
$682K
-5.4% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$76K
+5.1% YoY
Under IRS private-foundation payout rules, The Powers Family Foundation reported a distributable amount of $802K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving focuses primarily on education. Additional funding priorities include philanthropy, voluntarism, and grantmaking, as well as health care. The foundation does not maintain a publicly stated mission statement.
Grantmaking
The Powers Family Foundation is an active grantmaker with recent grant activity in fiscal year 2025. Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on New York, Florida, and Connecticut.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2025:
- Total Assets: $13,899,895
- Total Revenue: $1,755,729
- Total Expenses: $777,642
- Net Income: $978,087
- Total Liabilities: $0
Revenue Composition (FY 2025):
- Investment income and dividends: $303,327
- Net gain from sale of non-inventory assets: $1,387,675
The foundation maintains no employees and operates with zero liabilities.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $13,899,895 | $13,100,846 | $12,744,477 |
| Revenue | $1,755,729 | $1,162,787 | $852,306 |
| Expenses | $777,642 | $872,887 | $901,011 |
| Qualifying Distributions | $685,731 | $727,563 | $781,250 |
| Net Investment Income | $1,672,350 | $1,029,548 | $741,245 |
| Distributable Amount | $801,528 | $739,090 | $673,548 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Goldman Sachs Gives ($618,231), On Course Foundation USA ($25,000), Church of Sacred Hearts of Jesus and Mary ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Southampton Fresh Air Home Southampton, NY | General Charitable Purposes | $2,500 |
| On Course Foundation USA ORLANDO, FL | General Charitable Purposes | $25,000 |
| Partnership to End Addiction New York, NY | General Charitable Purposes | $2,500 |
| Church of Sacred Hearts of Jesus and Mary Southampton, NY | General Charitable Purposes | $10,000 |
| James B Lee Scholarship Fund Southampton, NY | General Charitable Purposes | $1,000 |
| St Christopher Church HOBE SOUND, FL | General Charitable Purposes | $10,000 |
| Weinberg Family Cerebral Palsy Center NEW YORK, NY | General Charitable Purposes | $2,500 |
| Greenwich County Day School Greenwich, CT | General Charitable Purposes | $10,000 |
| Goldman Sachs Gives Cohoes, NY | General Charitable Purposes | $618,231 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John J Powers | Trustee | 1 | — |
| Linda E Powers | Trustee | 1 | — |
| Charles A Davis | Trustee | 1 | — |
Contact Information
- Address: PO Box 73, New York City, NY 10274
- Telephone: 212-902-8711
Frequently Asked Questions
What does The Powers Family Foundation fund?
The foundation's giving focuses primarily on education. Additional funding priorities include philanthropy, voluntarism, and grantmaking, as well as health care. The foundation does not maintain a publicly stated mission statement.
How do I apply for a grant from The Powers Family Foundation?
The Powers Family Foundation is an active grantmaker with recent grant activity in fiscal year 2025. Recent grants include: • Goldman Sachs Gives: $618,231 (General Charitable Purposes) • On Course Foundation USA: $25,000 (General Charitable Purposes) • Partnership To End Addiction: $2,500 (General Charitable Purposes) The foundation made 13 grants in fiscal year 2025, with total giving of $681,731. Typical grant awards range from $1,000 to $677,813.
Where does The Powers Family Foundation make grants?
The foundation's grantmaking focuses primarily on New York, Florida, and Connecticut.
What size grants does The Powers Family Foundation award?
In 2025, The Powers Family Foundation awarded 9 grants totaling $682K — an average of about $76K per grant, based on its IRS Form 990 filings.
How much is The Powers Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Powers Family Foundation reported a distributable amount of $802K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Powers Family Foundation's EIN?
The Powers Family Foundation's EIN (Employer Identification Number) is 13-3637704. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Powers Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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