Tom & Pat Powers Foundation
Tom & Pat Powers Foundation is a private foundation, based in The Woodlands, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $900K in total assets. Net investment income was $32K.
Tom & Pat Powers Foundation at a glance
- Total assets
- $900,449
- -8.5% vs 2024
- Revenue (2025)
- $31,539
- -87.2% vs 2024
- Net investment income (2025)
- $31,539
- -87.2% vs 2024
- Expenses (2025)
- $2,331
- -89.2% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Tom & Pat Powers Foundation funds
How this funder distributes its grants
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 7 grants of 9 (78%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Tom & Pat Powers Foundation gives
- Giving fell 96% from 2021 to 2024. Method
- In 2024 it paid out 24% 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 2024, annual grant giving ranged from $21K (2024) to $468K (2021). In 2024 it made 1 grant totaling $21K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Waco Entrepreneurial Ecosystem Collaborative Inc Waco, TX | General Purpose Scholarship Fund | $21,000 |
Ready to take the next step with Tom & Pat Powers Foundation?
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 | $900,449 | $31,539 | $2,331 | — | — | — | $31,539 | $92,438 |
| 2024 | $983,929 | $246,491 | $21,650 | $21,000 | 1 | $21,000 | $246,491 | $86,635 |
| 2023 | $759,088 | $61,249 | $28,603 | $25,000 | 2 | $25,000 | $61,249 | $74,782 |
| 2022 | $726,442 | $37,430 | $40,403 | $37,000 | 2 | $37,000 | $37,430 | $81,847 |
| 2021 | $729,410 | $666,208 | $471,582 | $467,754 | 4 | — | $483,928 | $59,252 |
| 2020 | $534,784 | $48,376 | $34,632 | $34,600 | 5 | — | $48,376 | $44,019 |
Under IRS private-foundation payout rules, Tom & Pat Powers Foundation reported a distributable amount of $92K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Tom & Pat Powers Foundation is led by Matthew S. Powers, President since 2023 (on filings since 2020); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Matthew S. Powers
President
Vice President → President, 2023
On filings since 2020
1 hr/week
No compensation reported
Paige Powers Bell
Secretary & Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (2)
- Former: Patsy G. Powers (2020–2022) — Secretary
- Former: Thomas R. Powers (2020–2022) — President
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 Tom & Pat Powers Foundation
How large is Tom & Pat Powers Foundation?
Tom & Pat Powers Foundation reported $900K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $32K.
Where does Tom & Pat Powers Foundation operate?
Tom & Pat Powers Foundation has awarded grants in Georgia, Texas.
How much is Tom & Pat Powers Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Tom & Pat Powers Foundation reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tom & Pat Powers Foundation's EIN?
Tom & Pat Powers Foundation's EIN (Employer Identification Number) is 76-0282108. 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Other open foundation grants in Texas
Texas Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Tom & Pat Powers Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Texas
Taub Foundation
Houston, TX
Assets
$10.5M
Grants
6
Total Given
$551K
Dawson O and Allison B George Fndn
Houston, TX
The foundation supports charitable organizations working in Christian ministry, spiritual and physical aid, health and rehabilitation, and Parkinson’s-related services, primarily in Texas, with some giving in North Carolina. Its 2024 grants ranged from $1,000 to $6,000, with a median of $5,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$875K
Grants
14
Total Given
$53K
Greater Houston Community Foundation
Houston, TX
The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
Madison Charitable Foundation Inc
Richmond, TX
This Richmond, Texas foundation funds scholarships and university projects, health care and medical research, arts and culture, and social services. Its 2024 grants ranged from $1,000 to $263,470, with a median of $10,000; most funding went to Texas and Mississippi, with smaller grants in New York, Tennessee, and South Carolina. It accepts unsolicited requests by written letter with details about the request, financial impact, and expected program or community impact.
Assets
$2.7M
Grants
46
Total Given
$1.0M
Knight Family Foundation Formerly
Houston, TX
The foundation supports work that improves children’s quality of life and social conditioning, including education, child-focused services, research, scholarships, and arts programming. Its 2025 grants ranged from $1,000 to $25,000, with a median of $5,000, and primarily went to organizations in Louisiana and Texas, with some support elsewhere. It accepts written requests with supporting materials; no deadline is listed.
Assets
$5.0M
Grants
42
Total Given
$296K
Hamill Foundation
Houston, TX
The Hamill Foundation supports social services, education, health and medical research, animal welfare, children’s programs, and the arts, primarily in Texas. Its 2024 grants ranged from $5,000 to $1 million, with a median of $150,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$212.4M
Grants
81
Total Given
$14.9M
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Tom & Pat Powers 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.
Tom & Pat Powers Foundation down — hundreds of funders to go?