Wo and Ann Powers Foundation Inc

Private foundation · Grantmaker Florence, SC EIN: 58-2335552

Wo and Ann Powers Foundation Inc is a private foundation, based in Florence, SC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $5.4M in total assets. In 2025, it awarded 1 grant totaling $4.0M. Net investment income was $3.1M.

Wo and Ann Powers Foundation Inc at a glance

In short: Wo and Ann Powers Foundation Inc gave $4.0M across 1 grant in 2025 (avg $4.0M), mostly in South Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$4,000,000
-0.1% vs 2024
Grants made (2025)
1
-50.0% vs 2024
Average grant
$4,000,000
+99.8% vs 2024
Median grant
$4,000,000
Total assets
$5,414,380
+49.3% vs 2024
Primary geography
South Carolina (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

Who Wo and Ann Powers Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

6 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

The most common grant size was in the $1–5M range: 5 grants of 6 (83%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

ClemsonFlorenceLynchburg

How Wo and Ann Powers Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (+0%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). 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

$0$2M$4M$6M3 grants2020 1 grant2021 1 grant2022 1 grant2023 2 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $1.2M (2020) to $4.0M (2024). In 2025 it made 1 grant totaling $4.0M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
1 grant to individuals Recipients not named —$4,000,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$5,414,380$7,140,982$4,011,165$4,000,0001$4,000,000$3,130,792$171,015
2024$3,626,417$4,035,519$4,054,290$4,005,0002$4,005,000$30,044$178,368
2023$3,633,150$4,026,664$4,030,021$4,000,0001$4,000,000$23,189$249,619
2022$6,516,751$4,020,289$4,085,518$4,000,0001$4,000,000$11,098$308,539
2021$6,582,081$44,065$1,534,632$1,500,0001$1,502,702$2,135$336,921
2020$8,319,246$42,260$1,333,913$1,246,7353—$421,848$421,833

Under IRS private-foundation payout rules, Wo and Ann Powers Foundation Inc reported a distributable amount of $171K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Wo and Ann Powers Foundation Inc's 2025 filing lists 13 officers; none of the 13 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ann W. Powers

    Director

    On filings since 2020

    $500 (2024) → $0 (2025)

  • Frank J. Brand II

    Director

    On filings since 2020

    $1K (2022) → $0 (2025)

  • Grady w Moore

    Director

    On filings since 2020

    $1K (2022) → $0 (2025)

  • Stewart Jones

    Director

    On filings since 2020

    $1K (2022) → $0 (2025)

  • William T. Jarrell

    Director

    On filings since 2020

    $1K (2022) → $0 (2025)

  • Billy Hoylen

    Director

    On filings since 2021

    $1K (2022) → $0 (2025)

  • Blake Pate

    Director

    On filings since 2021

    $1K (2022) → $0 (2025)

  • John Curl

    Director

    On filings since 2021

    $1K (2022) → $0 (2025)

  • John T. Rabun

    Director

    On filings since 2021

    $1K (2022) → $0 (2025)

  • Paul Seward

    Director

    On filings since 2021

    $1K (2022) → $0 (2025)

  • Wilbur O. Powers

    Director

    On filings since 2023

    No compensation reported

  • Porter Stewart

    Executive Di

    Director → Executive Director, 2021

    Executive Director → Executive Di, 2023

    On filings since 2020

    $1K (2022) → $0 (2025)

  • Libby Cooper

    Secretary

    On filings since 2021

    $4K (2022) → $0 (2025)

Former officers (5)
  • Former: W O Powers (2020–2022) — Director
  • Former: F Norwood Bonnoitt (2020) — Director
  • Former: Jimmy Brown (2020) — Director
  • Former: Marvin Slaughter (2020) — Director
  • Former: Penny W Burns (2020) — Director

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.

Compensation Overview

From 2024 IRS filing

Ann W Powers — Director: $500Ann W PowersDirector$500Frank J Brand II — Director: $500Frank J Brand IIDirector$500John Curl — Director: $500John CurlDirector$500Billy Hoylen — Director: $500Billy HoylenDirector$500William T Jarrell — Director: $500William T JarrellDirector$500Stewart Jones — Director: $500Stewart JonesDirector$500Grady Moore — Director: $500Grady MooreDirector$500Blake Pate — Director: $500Blake PateDirector$500John T Rabun — Director: $500John T RabunDirector$500Paul Seward — Director: $500Paul SewardDirector$500Porter Stewart — Executive Di: $500Porter StewartExecutive Di$500Libby Cooper — Secretary: $500Libby CooperSecretary$500

The highest reported compensation on the 2024 filing was $500, to Ann W Powers (Director). 12 officers or directors reported compensation on that filing.

Frequently asked questions about Wo and Ann Powers Foundation Inc

How much does Wo and Ann Powers Foundation Inc give each year?

Wo and Ann Powers Foundation Inc gave $4.0M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.0M across 2 grants.

How large is Wo and Ann Powers Foundation Inc?

Wo and Ann Powers Foundation Inc reported $5.4M in total assets on its 2025 IRS Form 990-PF. It paid out $4.0M in qualifying distributions that year, against a required minimum of $171K (roughly 5% of its investment assets).

Where does Wo and Ann Powers Foundation Inc operate?

Wo and Ann Powers Foundation Inc has awarded grants in South Carolina.

What is Wo and Ann Powers Foundation Inc's EIN?

Wo and Ann Powers Foundation Inc's EIN (Employer Identification Number) is 58-2335552. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 26, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Live grants for the work Wo and Ann Powers Foundation Inc funds

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More similar funders

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Wo and Ann Powers Foundation Inc'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.

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