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Tom & Pat Powers Foundation is a private association based in THE WOODLANDS, TX. The foundation received its IRS ruling in 1990. It holds total assets of $900K. Annual income is reported at $252K. Total assets have grown from $638K in 2010 to $900K in 2024. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. According to available records, Tom & Pat Powers Foundation has made 8 grants totaling $530K, with a median grant of $13K. Annual giving has decreased from $468K in 2021 to $25K in 2023. Individual grants have ranged from $2K to $404K, with an average award of $66K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
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.
Tom & Pat Powers Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in TX.
Tom & Pat Powers Foundation has distributed a total of $530K across 8 grants. The median grant size is $13K, with an average of $66K. Individual grants have ranged from $2K to $404K.
Tom & Pat Powers Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tom & Pat Powers Foundation is headquartered in THE WOODLANDS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas R Powers | PRESIDENT | $0 | $0 | N/A |
| Matthew S Powers | VICE PRESIDENT | $0 | $0 | N/A |
| Patsy G Powers | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$900K
Fair Market Value
N/A
Net Worth
$900K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$530K
Average Grant
$66K
Median Grant
$13K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Family LegacyGENERAL PURPOSE | Irving, TX | $4K | 2021 |
| Depelchin Children'S CenterGENERAL PURPOSE | Houston, TX | $15K | 2023 |
| Bayor FoundationGENERAL PURPOSE SCHOLARSHIP FUND | Waco, TX | $10K | 2023 |
| Second Baptist ChurchGENERAL PURPOSE | Houston, TX | $35K | 2022 |
| Bayor School Of NursingGENERAL PURPOSE SCHOLARSHIP FUND | Waco, TX | $2K | 2022 |
| Bayor University FoundationGENERAL PURPOSE SCHOLARSHIP FUND | Waco, TX | $404K | 2021 |
| Depelchin Faith HomeGENERAL PURPOSE | Houston, TX | $10K | 2021 |