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.

Key facts about Wo and Ann Powers Foundation Inc

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.

EIN
58-2335552
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$4,000,000
Grants made (2025)
1
Average grant
$4,000,000
Median grant
$4,000,000
Total assets
$5,414,380
Primary geography
South Carolina (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5.4M

+49.3% YoY

Annual Giving

$4.0M

-0.1% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$4.0M

+99.8% YoY

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.

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.

Your AI grants department

Ready to take the next step with Wo and Ann Powers Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

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

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.

Grant Insights

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%).

Giving History

Grant recipients and amounts by year

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

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$5,414,380$3,626,417$3,633,150
Revenue$7,140,982$4,035,519$4,026,664
Expenses$4,011,165$4,054,290$4,030,021
Qualifying Distributions$4,000,000$4,005,000$4,000,000
Net Investment Income$3,130,792$30,044$23,189
Distributable Amount$171,015$178,368$249,619

Data update history

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

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.

Your AI grants department

Here's the math on researching Wo and Ann Powers Foundation Inc by hand.

Explore Open Grants

Browse active grant opportunities in Wo and Ann Powers Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in South Carolina

The Clayton Homes Foundation

Maryville, TN

The Clayton Homes Foundation supports housing, financial empowerment, community services, education, and other charitable work, with most 2024 grant dollars going to Tennessee and additional funding in Georgia, Kentucky, Washington, D.C., and Michigan. Its 2024 grants ranged from $500 to $1,815,000, with a median of $10,000. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$6.4M

Grants

93

Total Given

$6.3M

James D and Diane S Magnus Foundation

Gainesville, GA

The foundation supports schools and colleges, athletic programs, youth and family services, animal welfare, and community organizations, with most funding going to Georgia. Its 2025 grants ranged from $500 to $101,400, with a median of $1,500. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$1.5M

Grants

30

Total Given

$276K

Caplin Foundation

Wilmington, DE

The Caplin Foundation supports arts education, community development, nonprofit capacity, children’s services, and environmental protection. Its 2025 grants ranged from $200 to $25,000, with a median of $1,000, and were concentrated in Virginia, followed by California and Michigan. It funds only preselected charitable organizations and does not accept unsolicited requests.

Assets

$4.4M

Grants

212

Total Given

$403K

Parker Gill Foundation

Little Rock, AR

Philanthropy, Voluntarism & Grantmaking

Assets

$3K

Grants

13

Total Given

$28K

Shallow Ford Foundation Inc

Clemmons, NC

Shallow Ford Foundation funds community programs, scholarships, education and career access, arts, health, and other local needs, primarily in Clemmons, Lewisville, Yadkin County, and North Davidson County. Its 2025 grants had a median of $9,500, with posted program caps generally ranging from $5,000 to $12,000. It accepts applications through its grant programs but does not accept out-of-cycle requests unless solicited on behalf of a donor advisor.

Assets

$20.0M

Grants

49

Total Given

$1.2M

Community Foundation of New Jersey

Morristown, NJ

The Community Foundation of New Jersey supports nonprofits and projects across arts, education, environment, health and human services, and social welfare. Its 2024 itemized grants had a median of about $19,800, though awards varied widely; funding went to organizations in multiple states, with 32% of itemized grant dollars going to New Jersey. It accepts applications for specific opportunities, and its FAQ encourages eligible New Jersey 501(c)(3) nonprofits to apply; requirements vary by opportunity.

Assets

$1.0B

Grants

1,321

Total Given

$93.8M

Paul Millsap Foundation Corporation

Smyrna, GA

The Paul Millsap Foundation Corporation funds scholarships for students with financial need and makes charitable contributions, with most 2024 grant dollars going to recipients in Georgia and smaller amounts to organizations in several other states. Its 2024 grants ranged from $1,000 to $169,800, with a median of $1,250. It gives only to preselected charitable organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$2K

Grants

17

Total Given

$195K

Rejoice Care Foundation

Elk Grove, CA

Assets

$108K

Grants

7

Total Given

$154K

Bryans Foundation Inc

Newborn, GA

The foundation supports a range of charitable organizations, including schools, churches, community groups, and nonprofits; nearly all of its 2025 grant dollars went to recipients in Georgia. Its 29 grants totaled $152,842, ranging from $250 to $26,600, with a median of $2,500. It does not accept unsolicited requests and contributes only to preselected organizations.

Assets

$3.4M

Grants

29

Total Given

$153K

Central Carolina Community Foundation

Columbia, SC

Central Carolina Community funds education, human services, health, arts and culture, community development, disaster relief, and nonprofit capacity-building, primarily in the 11-county Midlands region of South Carolina, with some statewide and national grantmaking. Its 2025 grants had a median of $20,000; eligible nonprofits may apply through the online portal during published grant periods, though some opportunities are invitation-only.

Assets

$264.3M

Grants

488

Total Given

$26.5M

Coastal Community Foundation of South Carolina Inc

N Charleston, SC

The Coastal Community Foundation of South Carolina funds nonprofits through competitive grants for areas including education, health, community development, arts, and human needs. Its 2024 grants had a median of $16,500, with awards ranging from $5,057 to $2.3 million, across nine coastal South Carolina counties. It accepts applications only for listed competitive programs, through its online portal.

Philanthropy, Voluntarism & Grantmaking

Assets

$435.6M

Grants

459

Total Given

$26.0M

Community Foundation of Greenville Inc

Greenville, SC

Community Foundation of Greenville funds nonprofits and projects in arts, education, environment, health, and human services, with a focus on Greenville County, South Carolina. Its 2026 Capacity Building Grants award $5,000–$12,500; 2024 grants had a median of $23,900. It accepts unsolicited requests through its Capacity Building Grants program.

Philanthropy, Voluntarism & Grantmaking

Assets

$118.8M

Grants

346

Total Given

$26.4M

More Funders in South Carolina

Wo and Ann Powers Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?