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Powell Foundation Inc. is a private corporation based in GREENBELT, MD. The foundation received its IRS ruling in 2011. The principal officer is Belinda P Coleman. It holds total assets of $985K. Annual income is reported at $114K. Total assets have grown from $198K in 2011 to $946K in 2023. The foundation is governed by 1 officer or trustee. Mt. Ennon baptist chruch. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Maryland, Georgia and District of Columbia. According to available records, Powell Foundation Inc. has made 36 grants totaling $373K, with a median grant of $2K. Annual giving has grown from $47K in 2020 to $166K in 2023. Individual grants have ranged from $500 to $65K, with an average award of $10K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in Maryland, Georgia, South Carolina, which account for 83% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$7K
Largest Grant
$25K
Based on 7 grants from the most recent 990-PF filing.
Mt. Ennon baptist chruch
Expenses: $65K
Delta foundation, inc
Expenses: $2K
National association of community health workers
Expenses: $2K
Francis marion university
Expenses: $1K
Mt. Ennon baptist chruch. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in MD, GA, SC.
Powell Foundation Inc. has distributed a total of $373K across 36 grants. The median grant size is $2K, with an average of $10K. Individual grants have ranged from $500 to $65K.
Powell Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The powell foundation scholarship program is designed to award educational scholarship to deserving disadvnatge youth, especially african americans.
Powell Foundation Inc. is headquartered in GREENBELT, MD. While based in MD, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Belinda P Coleman | PRESIDENT | $0 | $0 | N/A |
Total Giving
$168K
Total Assets
$946K
Fair Market Value
$946K
Net Worth
$946K
Grants Paid
$166K
Contributions
$200K
Net Investment Income
N/A
Distribution Amount
$42K
Total Grants
36
Total Giving
$373K
Average Grant
$10K
Median Grant
$2K
Unique Recipients
26
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mt Ennon Baptist ChruchSCHOLARSHIP PROGRAM | Clinton, MD | $62K | 2023 |
| Spelman CollegeSCHOLARSHIP PROGRAM | Atlanta, GA | $50K | 2023 |
| Morehouse CollegeSCHOLARSHIP PROGRAM | Atlanta, GA | $26K | 2023 |
| The Atlanta University Center ConsortiumSCHOLARSHIP PROGRAM | Atlanta, GA | $7K | 2023 |
| Delta Foundation IncSCHOLARSHIP PROGRAM | Greenbelt, MD | $6K | 2023 |
| Yolanda T WalshEDUCATION | Potomac, MD | $6K | 2023 |
| Our Lady Of Good Counsel High SchoolSCHOLARSHIP PROGRAM | Olney, MD | $3K | 2023 |
| Francis Marion UniversitySCHOLARSHIP PROGRAM | Florence, SC | $2K | 2023 |
| The Unversities At Shady GroveSCHOLARSHIP PROGRAM | Rockville, MD | $1K | 2023 |
| Gentle Hands And Feet IncASSISTANCE TO FAMILIES | Lanham, MD | $1K | 2023 |
| Aloha Systems IncASSISTANCE TO FAMILIES | Honolulu, HI | $1K | 2023 |
| Belinda ColemanPROVIDE ASSITANCE TO NEEDY FAMILES OF INCARCERATED PERSONS | Upper Marlboro, MD | $1K | 2023 |
| Sclc Women IncSCHOLARSHIP PROGRAM | Atlanta, GA | $500 | 2023 |
| The University Of Georgia FoundationSUPPORT RESEARCH | Athens, GA | $2K | 2022 |
| For His Glory MinistriesGENERAL DONATION | College Park, GA | $1K | 2022 |
| University Of GeorgiaSCHOLARSHIP PROGRAM | Athens, GA | $1K | 2022 |
| The Education Must Continue Initiative Usa IncASSISTANCE TO RECIPIENT | Flint, MI | $1K | 2022 |
| University Of Rochester School Of Medicine & DentistrySCHOLARSHIP PROGRAM | Rochester, NY | $1K | 2022 |
| National Association Of Community Health WorkersCONFERENCE SPONSORSHIP | Boston, MA | $2K | 2021 |
| Tricounty Ar Rural Health NetworkSUPPORT EDUCATIONAL PROGRAMMING | Helena, AR | $1K | 2021 |
| Thinh Vo Co University Of MarylandGRADUATION STIPEND | Rockville, MD | $500 | 2021 |
| The Universities At Shady Grove FoundationSCHOLARSHIP PROGRAM | Adelphi, MD | $2K | 2020 |
| NmaahcGENERAL DONATION | Washington, DC | $2K | 2020 |
| For His Glory Ministries IGENERAL DONATION | College Park, GA | $1K | 2020 |
| Naasc Southern MarylandSCHOLARSHIP PROGRAM | Bowie, MD | $525 | 2020 |
| The Bullis SchoolGENERAL DONATION | Potomac, MD | $500 | 2020 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD