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Power Foundation Inc. is a private corporation based in MERIDIAN, ID. The foundation received its IRS ruling in 2015. The principal officer is Rand Peebles. It holds total assets of $4.9M. Annual income is reported at $1.1M. Total assets have grown from N/A in 2013 to $5M in 2023. The foundation is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Power Foundation Inc. has made 98 grants totaling $642K, with a median grant of $4K. Annual giving has grown from $126K in 2021 to $510K in 2022. Individual grants have ranged from $300 to $38K, with an average award of $7K. The foundation has supported 51 unique organizations. The foundation primarily supports organizations in Idaho, Texas, California, which account for 66% of all grants. Grantmaking reaches organizations across 15 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$4K
Average Grant
$4K
Largest Grant
$33K
Based on 61 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 Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 98 grants. Its grantmaking reaches organizations primarily in ID, TX, CA.
Power Foundation Inc. has distributed a total of $642K across 98 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $300 to $38K.
Power Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Power Foundation Inc. is headquartered in MERIDIAN, ID. While based in ID, the foundation distributes grants to organizations across 15 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James Haynes | VP/CHAIRMAN | $0 | $0 | N/A |
| Charles Kemp | TREASURER | $0 | $0 | N/A |
| Greg Reed | TREASURER | $0 | $0 | N/A |
| Gerard Murray | VP/CHAIRMAN | $0 | $0 | N/A |
| John Kumm | PRESIDENT | $0 | $0 | N/A |
| Kayce Mcewan | DIRECTOR | $0 | $0 | N/A |
| Janet Metzger | DIRECTOR | $0 | $0 | N/A |
| Gino Giumarro | DIRECTOR | $0 | $0 | N/A |
Total Giving
$341K
Total Assets
$5M
Fair Market Value
$6.9M
Net Worth
$5M
Grants Paid
$271K
Contributions
N/A
Net Investment Income
$86K
Distribution Amount
$322K
Total: $3.8M
Total Grants
98
Total Giving
$642K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
51
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Idaho Stem Action Center FoundationCHARITABLE AND/OR EDUCATIONAL PURPOSES | Pocatello, ID | $29K | 2022 |
| Girl Scouts Of Silver Sage CouncilCHARITABLE AND/OR EDUCATIONAL PURPOSES | Boise, ID | $22K | 2022 |
| University Of Idaho FoundationCHARITABLE AND/OR EDUCATIONAL PURPOSES | Hailey, ID | $18K | 2022 |
| State Of Hawaii Department Of EducationCHARITABLE AND/OR EDUCATIONAL PURPOSES | Alba, TX | $15K | 2022 |
| Tstc FoundationCHARITABLE AND/OR EDUCATIONAL PURPOSES | Minneapolis, MN | $15K | 2022 |
| Treasure Valley Classical AcademyCHARITABLE AND/OR EDUCATIONAL PURPOSES | Oceanview, CA | $15K | 2022 |
| South Middle SchoolCHARITABLE AND/OR EDUCATIONAL PURPOSES | Paramus, NJ | $15K | 2022 |
| Middleton School DistrictCHARITABLE AND/OR EDUCATIONAL PURPOSES | Tucson, AZ | $15K | 2022 |
| Hawkwatch International IncCHARITABLE AND/OR EDUCATIONAL PURPOSES | Moscow, ID | $15K | 2022 |
| Rutgers The State UniversityCHARITABLE AND/OR EDUCATIONAL PURPOSES | Gooding, ID | $15K | 2022 |
| The Magic HouseCHARITABLE AND/OR EDUCATIONAL PURPOSES | Marietta, GA | $15K | 2022 |
| Louisiana Tech UniversityCHARITABLE AND/OR EDUCATIONAL PURPOSES | Austin, TX | $5K | 2022 |
| Blaine County School District 61CHARITABLE AND/OR EDUCATIONAL PURPOSES | Salt Lake City, UT | $5K | 2022 |
| Giraffe Laugh IncCHARITABLE AND/OR EDUCATIONAL PURPOSES | Moscow, ID | $5K | 2022 |
| Alba-Golden Independent School DistrictCHARITABLE AND/OR EDUCATIONAL PURPOSES | Boise, ID | $5K | 2022 |
| Alliance Charter AcademyCHARITABLE AND/OR EDUCATIONAL PURPOSES | Boise, ID | $5K | 2022 |
| Blaine County School DistrictCHARITABLE AND/OR EDUCATIONAL PURPOSES | Charlotte, NC | $5K | 2022 |
| Cobb County School DistrictCHARITABLE AND/OR EDUCATIONAL PURPOSES | Boise, ID | $5K | 2022 |
| Idaho State University Foundation IncCHARITABLE AND/OR EDUCATIONAL PURPOSES | Boise, ID | $5K | 2022 |
| Klamath County School DistrictCHARITABLE AND/OR EDUCATIONAL PURPOSES | Caldwell, ID | $5K | 2022 |
| CreatemplsCHARITABLE AND/OR EDUCATIONAL PURPOSES | Boise, ID | $3K | 2022 |
| Emerson Elementary School PtaCHARITABLE AND/OR EDUCATIONAL PURPOSES | Garden City, ID | $3K | 2022 |
| East Greenwich School DistrictCHARITABLE AND/OR EDUCATIONAL PURPOSES | Boise, ID | $3K | 2022 |
| Clark College FoundationCHARITABLE AND/OR EDUCATIONAL PURPOSES | Eden Prairie, MN | $2K | 2022 |
| Idaho Society Of Professional EngineersCHARITABLE AND/OR EDUCATIONAL PURPOSES | Boise, ID | $2K | 2022 |