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Power Foundation is a private corporation based in KALAMAZOO, MI. The foundation received its IRS ruling in 1967. The principal officer is The Connable Office Inc.. It holds total assets of $8.6M. Annual income is reported at $2.5M. The foundation is governed by 7 officers and trustees. 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, Power Foundation has made 84 grants totaling $2.7M, with a median grant of $1K. Annual giving has decreased from $923K in 2020 to $426K in 2023. Individual grants have ranged from $100 to $325K, with an average award of $33K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in Michigan, Colorado, Kentucky, which account for 86% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$44K
Largest Grant
$325K
Based on 21 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.
Power Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 84 grants. Its grantmaking reaches organizations primarily in MI, CO, KY.
Power Foundation has distributed a total of $2.7M across 84 grants. The median grant size is $1K, with an average of $33K. Individual grants have ranged from $100 to $325K.
Power Foundation typically selects its grantees rather than accepting unsolicited proposals.
Power Foundation is headquartered in KALAMAZOO, MI. While based in MI, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kathleen K Power Through 111923 | VICE PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| Scott T Sutton | TRUSTEE | $0 | $0 | N/A |
| James C Melvin | TRUSTEE | $0 | $0 | N/A |
| Bradley E Weller | TREASURER | $0 | $0 | N/A |
| Philip H Power | President/Trustee | $0 | $0 | N/A |
| Loyal A Eldridge Iii | SECRETARY/TRUSTEE | $0 | $0 | N/A |
| Nathan E Power | TRUSTEE | $0 | $0 | N/A |
Total Giving
$533K
Total Assets
$8.4M
Fair Market Value
$10.9M
Net Worth
$8.4M
Grants Paid
$426K
Contributions
$333K
Net Investment Income
$306K
Distribution Amount
$501K
Total Grants
84
Total Giving
$2.7M
Average Grant
$33K
Median Grant
$1K
Unique Recipients
34
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Center For Michigan IncOPERATING SUPPORT | Kalamazoo, MI | $300K | 2023 |
| Planned Parenthood Of The Rocky Mountains IncOPERATING SUPPORT | Alamosa, CO | $14K | 2023 |
| United Way Of Washtenaw CountyOPERATING SUPPORT | Ann Arbor, MI | $10K | 2023 |
| St Andrews Episcopal ChurchOPERATING SUPPORT | Ann Arbor, MI | $5K | 2023 |
| Jewish ColoradoISRAEL EMERGENCY FUND | Denver, CO | $5K | 2023 |
| Denver South PtsaI AM DENVER SOUTH CAMPAIGN | Denver, CO | $2K | 2023 |
| American Friends Of University College Oxford IncANNUAL FUND | Covington, KY | $2K | 2023 |
| Planned Parenthood Of MichiganOPERATING SUPPORT | Ann Arbor, MI | $2K | 2023 |
| Marquette Community FoundationHURON MOUNTAIN CLUB FUND | Marquette, MI | $1K | 2023 |
| University Of Wisconsin FoundationSCHOOL OF BUSINESS SCHOLARSHIP FUND | Madison, WI | $1K | 2023 |
| Huron Mountain Wildlife Foundation IncOPERATING SUPPORT | Ann Arbor, MI | $1K | 2023 |
| Citizens Research Council Of Michigan IncOPERATING SUPPORT | Livonia, MI | $1K | 2023 |
| University Of MichigancewCENTER FOR THE EDUCATION OF WOMEN | Ann Arbor, MI | $1K | 2023 |
| Michigan HillelOPERATING SUPPORT | Ann Arbor, MI | $1K | 2023 |
| Temple EmmanuelOPERATING SUPPORT | Inkster, MI | $1K | 2023 |
| American Ditchley FoundationOPERATING SUPPORT | New York, NY | $1K | 2023 |
| University Of MichiganMICHIGAN RADIO | Ann Arbor, MI | $500 | 2023 |
| Kevin'S SongOPERATING SUPPORT | Grosse Pt Pk, MI | $500 | 2023 |
| Northern Mchigan University FoundationPUBLIC RADIO 90 | Marquette, MI | $100 | 2023 |
| Sandy Hook Promise FoundationOPERATING SUPPORT | Newtown, CT | $2K | 2022 |
| Kidsave InternationalUKRAINE | Culver City, CA | $1K | 2022 |
| Everytown For Gun Safety Support FundOPERATING SUPPORT | New York, NY | $2K | 2021 |