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Also known as: POWERS TRUST
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Coin B Frederick & Erin Frederick Powers Trust is a private trust based in KERRVILLE, TX. The foundation received its IRS ruling in 1997. The principal officer is Security State Bank And Trust. It holds total assets of $199K. Annual income is reported at $32K. Total assets have decreased from $286K in 2010 to $214K in 2022. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Coin B Frederick & Erin Frederick Powers Trust has made 9 grants totaling $95K, with a median grant of $500. Annual giving has decreased from $77K in 2022 to $17K in 2023. Individual grants have ranged from $198 to $39K, with an average award of $11K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Coin B Frederick & Erin Frederick Powers Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in TX.
Coin B Frederick & Erin Frederick Powers Trust has distributed a total of $95K across 9 grants. The median grant size is $500, with an average of $11K. Individual grants have ranged from $198 to $39K.
Coin B Frederick & Erin Frederick Powers Trust typically selects its grantees rather than accepting unsolicited proposals. The application deadline is NO SUBMISSION DEADLINE. Grant based on need, maintaining certain gpa, and funds must be used for educational purposes only.
Coin B Frederick & Erin Frederick Powers Trust is headquartered in KERRVILLE, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Security State Bank Trust | CUST TRUSTEE | $5K | $0 | $5K |
Total Giving
$25K
Total Assets
$214K
Fair Market Value
$406K
Net Worth
$214K
Grants Paid
$17K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
$20K
Total: $188K
Total Grants
9
Total Giving
$95K
Average Grant
$11K
Median Grant
$500
Unique Recipients
7
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hill Country Family ServicesPROGRAM SUPPORT | Boerne, TX | $15K | 2023 |
| Rainbow Senior CenterPROGRAM SUPPORT | Boerne, TX | $500 | 2023 |
| Genealogical Soc Of Kendall CtyPROGRAM SUPPORT | Boerne, TX | $500 | 2023 |
| Christian Job Corps Of Kendall CtyPROGRAM SUPPORT | Boerne, TX | $500 | 2023 |
| Veterans Of Foreign Wars Post 688PROGRAM SUPPORT | Boerne, TX | $300 | 2023 |
| Heartland Children'S Home IncPROGRAM SUPPORT | Boerne, TX | $300 | 2023 |
| Sons Of The Republic Of TexasPROGRAM SUPPORT | Boerne, TX | $198 | 2023 |