Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Walter Connally Powell Jr Foundation is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2015. It holds total assets of $1.9M. Annual income is reported at $543K. Total assets have grown from $95K in 2014 to $1.9M in 2024. The foundation is governed by 4 officers and trustees. Awarded scholarships to four (4) individuals to fund such individuals participation in beer brewing and malting educational courses. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Texas, North Carolina and Virginia. According to available records, Walter Connally Powell Jr Foundation has made 63 grants totaling $513K, with a median grant of $5K. Annual giving has grown from $137K in 2020 to $376K in 2022. Individual grants have ranged from N/A to $28K, with an average award of $8K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in North Carolina, Virginia, Texas, which account for 54% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$7K
Largest Grant
$26K
Based on 22 grants from the most recent 990-PF filing.
Awarded scholarships to two (2) individuals to fund such individuals participation in beer brewing and malting educational courses.
Grants totaling $137,273.00 were awarded to twenty-one (21) 501(c)(3) organizations.
Awarded scholarships to four (4) individuals to fund such individuals participation in beer brewing and malting educational courses. Based on available records, the foundation has funded 63 grants. Its grantmaking reaches organizations primarily in NC, VA, TX.
Walter Connally Powell Jr Foundation has distributed a total of $513K across 63 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from N/A to $28K.
Walter Connally Powell Jr Foundation typically selects its grantees rather than accepting unsolicited proposals.
Walter Connally Powell Jr Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bolivia C Powell | Vice President | $0 | $0 | N/A |
| Edward D Biggers | Secretary | $0 | $0 | N/A |
| Walter Connally Powell | President | $0 | $0 | N/A |
| Frederick E Clarke Iv | Treasurer | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.9M
Fair Market Value
N/A
Net Worth
$1.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
63
Total Giving
$513K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
26
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Samaritan'S PurseCharitable Contribution | Boone, NC | $26K | 2022 |
| Master Brewers Assn Of AmericaScholarship | St Paul, MN | $17K | 2022 |
| The Independence FundCharitable Contribution | Charlotte, NC | $16K | 2022 |
| Young America FoundationCharitable Contribution | Reston, VA | $15K | 2022 |
| Leadership InstituteCharitable Contribution | Arlington, VA | $15K | 2022 |
| Us Space Rocket CenterCharitable Contribution | Huntsville, AL | $15K | 2022 |
| Billy Graham Evangelistic AssociatiCharitable Contribution | Charlotte, NC | $13K | 2022 |
| St Jude'S ChildrensCharitable Contribution | Memphis, TN | $10K | 2022 |
| Mercury One IncCharitable Contribution | Irving, TX | $7K | 2022 |
| American Red CrossCharitable Contribution | Washington, DC | $6K | 2022 |
| The Sar FoundationCharitable Contribution | Louisville, KY | $5K | 2022 |
| The Fisher HouseCharitable Contribution | Washington, DC | $5K | 2022 |
| The Nra FoundationCharitable Contribution | Fairfax, VA | $5K | 2022 |
| Tunnel To Towers FoundationCharitable Contribution | Staten Island, NY | $5K | 2022 |
| Robb School Memorial FundCharitable Contribution | Austin, TX | $5K | 2022 |
| Shriners Hospitals For ChildrenCharitable Contribution | Tampa, FL | $5K | 2022 |
| Responsible Pet OwnersCharitable Contribution | San Antonio, TX | $5K | 2022 |
| Gary Sinise FoundationCharitable Contribution | Studio City, CA | $5K | 2022 |
| The Coolidge FoundationCharitable Contribution | Plymouth Notch, VT | $3K | 2022 |
| People Attempting To HelpCharitable Contribution | Tyler, TX | $3K | 2022 |
| Town North Family YmcaCharitable Contribution | Dallas, TX | $2K | 2022 |