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Powell Foundation is a private corporation based in BRENTWOOD, TN. The foundation received its IRS ruling in 2000. The principal officer is Cathy Essin. It holds total assets of $30.7M. Annual income is reported at $4.1M. Total assets have grown from $8.1M in 2011 to $30.7M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. According to available records, Powell Foundation has made 133 grants totaling $3.5M, with a median grant of $20K. Annual giving has grown from $823K in 2020 to $1.2M in 2023. Individual grants have ranged from $3K to $200K, with an average award of $26K. The foundation has supported 23 unique organizations. Grants have been distributed to organizations in Tennessee and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$18K
Average Grant
$29K
Largest Grant
$150K
Based on 28 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.
Powell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 133 grants. Its grantmaking reaches organizations primarily in TN, VA.
Powell Foundation has distributed a total of $3.5M across 133 grants. The median grant size is $20K, with an average of $26K. Individual grants have ranged from $3K to $200K.
Powell Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (621819796) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Powell Foundation is headquartered in BRENTWOOD, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Powell | CLASS I DIRE | $0 | $0 | N/A |
| Jennifer Von De Heiden | SECRETARY | $0 | $0 | N/A |
| Sandra Powell | CLASS III DI | $0 | $0 | N/A |
| James J Powell Jr | CLASS II DIR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$30.7M
Fair Market Value
N/A
Net Worth
$30.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
133
Total Giving
$3.5M
Average Grant
$26K
Median Grant
$20K
Unique Recipients
23
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of TennesseeJAMES J POWELL GENOMICS ENDOWMENT | Knoxville, TN | $200K | 2023 |
| BumcBUILDING FUND | Brentwood, TN | $50K | 2023 |
| Johnson City SymphonyCONCERT AID | Johnson City, TN | $35K | 2023 |
| East Tennessee State UniversityORCHESTRA SCHOLARSHIP | Johnson City, TN | $30K | 2023 |
| Holston HomesMARY WEEMS BURTON | Greeneville, TN | $20K | 2023 |
| Tennessee Sports Hall Of FameJ BYRD SCHOLARSHIP | Nashville, TN | $5K | 2023 |
| Crumley HouseANNUAL GIFT | Limestone, TN | $5K | 2023 |
| Ut Institute Of AgricultureGENOMICS GRADUATE STUDENT SUPPORT | Knoxville, TN | $75K | 2022 |
| University Of Tennessee FoundationGRADUATE STUDENT SUPPORT | Knoxville, TN | $75K | 2022 |
| Etsu FoundationDR. HU PIANO SCHOLARSHIP | Johnson City, TN | $30K | 2022 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN