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Powers Family Foundation Inc. is a private corporation based in REISTERSTOWN, MD. The foundation received its IRS ruling in 2006. The principal officer is Jeffrey Powers. It holds total assets of $286K. Annual income is reported at $342K. Total assets have decreased from $432K in 2011 to $340K in 2023. The foundation is governed by 4 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 2015 to 2023. The foundation primarily funds organizations in Maryland, New York and Michigan. According to available records, Powers Family Foundation Inc. has made 32 grants totaling $154K, with a median grant of $3K. Annual giving has decreased from $44K in 2020 to $23K in 2023. Grantmaking activity was highest in 2022 with $60K distributed across 14 grants. Individual grants have ranged from $100 to $15K, with an average award of $5K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in Maryland and Michigan and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$5K
Largest Grant
$15K
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.
Powers Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in MD, MI, NY.
Powers Family Foundation Inc. has distributed a total of $154K across 32 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $100 to $15K.
Powers Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Powers Family Foundation Inc. is headquartered in REISTERSTOWN, MD. While based in MD, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alvin M Powers | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Mark A Powers | VICE-PRESIDENT | $0 | $0 | N/A |
| Jeffrey B Powers | VICE-PRESIDENT | $0 | $0 | N/A |
| Barry Weiskopf | DIRECTOR | $0 | $0 | N/A |
Total Giving
$28K
Total Assets
$340K
Fair Market Value
$351K
Net Worth
$340K
Grants Paid
$23K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$17K
Total: $321K
Total Grants
32
Total Giving
$154K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
17
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The AssociatedGENERAL OPERATING SUPPORT | Baltimore, MD | $15K | 2023 |
| Lifebridge Health FoundationGENERAL OPERATING SUPPORT | Baltimore, MD | $3K | 2023 |
| Mcdonogh School IncEDUCATIONAL OPERATIONS | Owings Mills, MD | $3K | 2023 |
| Y Of Central MarylandGENERAL OPERATING SUPPORT | Towson, MD | $3K | 2023 |
| Associated Jewish Charities Of BaltimoreGENERAL OPERATING SUPPORT | Baltimore, MD | $15K | 2022 |
| University Of MichiganEDUCATIONAL OPERATIONS | Ann Arbor, MI | $10K | 2022 |
| University Of MarylandEDUCATIONAL OPERATIONS | Baltimore, MD | $1K | 2022 |
| Chizuk Amuno CongregationGENERAL OPERATING SUPPORT | Pikesville, MD | $1K | 2022 |
| Baltimore Symphony OrchestraGENERAL OPERATING SUPPORT | Baltimore, MD | $100 | 2022 |
| Lifebridge Health IncGENERAL OPERATING SUPPORT | Baltimore, MD | $6K | 2021 |
| Sinai Hospital Of Baltimore IncGENERAL OPERATING SUPPORT | Baltimore, MD | $1K | 2021 |
| Carroll Hospital Center Foundation IncGENERAL OPERATING SUPPORT | Westminster, MD | $7K | 2020 |
| Sinai HospitalGENERAL OPERATING SUPPORT | Baltimore, MD | $5K | 2020 |
| Friends Of The IdfGENERAL OPERATING SUPPORT | New York, NY | $4K | 2020 |
| Mcdonogh SchoolEDUCATIONAL OPERATIONS | Owings Mills, MD | $3K | 2020 |
| Lifebridge HealthGENERAL OPERATING SUPPORT | Baltimore, MD | $3K | 2020 |
| Erin Michele Levitas Education Foundation IncGENERAL OPERATING SUPPORT | Baltimore, MD | $2K | 2020 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD