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.
Key facts about Tom & Pat Powers Foundation
- EIN
- 76-0282108
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $900,449
Data from IRS Form 990-PF, 2025; updated September 2026.
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.
Next steps with Tom & Pat Powers Foundation
- How to evaluate Tom & Pat Powers Foundation as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$900K
-8.5% YoY
Revenue
$32K
-87.2% YoY
Net Investment Income
$32K
-87.2% YoY
Expenses
$2K
-89.2% YoY
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.
About Tom & Pat Powers Foundation
Based on IRS filings
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.
Ready to take the next step with Tom & Pat Powers Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $900,449 | $983,929 | $759,088 |
| Revenue | $31,539 | $246,491 | $61,249 |
| Expenses | $2,331 | $21,650 | $28,603 |
| Qualifying Distributions | — | $21,000 | $25,000 |
| Net Investment Income | $31,539 | $246,491 | $61,249 |
| Distributable Amount | $92,438 | $86,635 | $74,782 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Matthew S Powers | President | 1 | — |
| Paige Powers Bell | Secretary | 1 | — |
| Paige Powers Bell | Treasurer | 1 | — |
Frequently Asked Questions
How large is Tom & Pat Powers Foundation?
As of 2025, Tom & Pat Powers Foundation holds $900K in total assets with $32K in annual revenue.
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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.