Wo and Ann Powers Foundation Inc
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The most common grant size was in the $1–5M range: 5 grants of 6 (83%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $4,000,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 26, 2026)
- 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
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.
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