Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Howard-Poteet Foundation is a private trust based in PINE BLUFF, AR. The foundation received its IRS ruling in 2012. The principal officer is Pine Bluff National Bank. It holds total assets of $1.1M. Annual income is reported at $61K. Total assets have decreased from $1.8M in 2011 to $1.1M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Arkansas. According to available records, Howard-Poteet Foundation has made 39 grants totaling $274K, with a median grant of $2K. The foundation has distributed between $67K and $132K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $132K distributed across 20 grants. Individual grants have ranged from $2K to $25K, with an average award of $7K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Arkansas. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$3K
Average Grant
$8K
Largest Grant
$22K
Based on 9 grants from the most recent 990-PF filing.
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.
Howard-Poteet Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in AR.
Howard-Poteet Foundation has distributed a total of $274K across 39 grants. The median grant size is $2K, with an average of $7K. Individual grants have ranged from $2K to $25K.
Restricted to charitable organizations which are created or organized in the united states and operated exclusively for charitable purposes.
Howard-Poteet Foundation is headquartered in PINE BLUFF, AR.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Relyance Bank | TRUSTEE | $10K | $0 | $10K |
Total Giving
$82K
Total Assets
$1.1M
Fair Market Value
$1.3M
Net Worth
$1.1M
Grants Paid
$67K
Contributions
N/A
Net Investment Income
$29K
Distribution Amount
$64K
Total: $587K
Total Grants
39
Total Giving
$274K
Average Grant
$7K
Median Grant
$2K
Unique Recipients
10
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchGENERAL FUNDS | Pine Bluff, AR | $22K | 2023 |
| Sahara Shrine Hospital TransportatiTRANSPORTATION | Pine Bluff, AR | $22K | 2023 |
| Neighbor-To-NeighborGENERAL PURPOSES | Pine Bluff, AR | $5K | 2023 |
| Voices For ChildrenGENERAL FUNDS | Pine Bluff, AR | $2K | 2023 |
| Pine Bluff Downtown DevelopmentGENERAL FUNDS | Pine Bluff, AR | $2K | 2023 |
| Salvation ArmyGENERAL PURPOSES | Pine Bluff, AR | $2K | 2023 |
| CasaGENERAL FUNDS | Pine Bluff, AR | $2K | 2023 |
| Children'S Advocacy CenterGENERAL FUNDS | Pine Bluff, AR | $2K | 2023 |
| Go Forward Pine BluffGENERAL FUNDS | Pine Bluff, AR | $2K | 2023 |
| Pine Bluff Boys And Girls ClubGENERAL FUNDS | Pine Bluff, AR | $2K | 2023 |