Powers Family Foundation

Organization Overview

Powers Family Foundation is located in Grand Rapids, MI. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Powers Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Powers Family Foundation generated $132.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $227.6k during the year ending 12/2021. While expenses have increased by 3.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Powers Family Foundation has awarded 45 individual grants totaling $1,231,961. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $132,000
Interest on Savings $0
Dividends & Interest $12
Net Rental Income$0
Net Gain on Sale of Assets -$47
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $131,965

Grants Awarded

Over the last fiscal year, Powers Family Foundation has awarded $224,961 in support to 7 organizations.

Grant RecipientAmount

AUGUSTINE INSTITUTE

Org PageRecipient Profile

Greenwood Village, CO

PURPOSE: RELIGIOUS EDUCATION

$60,000

GRAND TRAVERSE AREA CATHOLIC SCHOOLS

Org PageRecipient Profile

Traverse City, MI

PURPOSE: RELIGIOUS EDUCATION

$50,000

OUR SHEPHERDS OUR FUTURE

PURPOSE: RELIGIOUS

$50,000

ACTON INSTITUTE

PURPOSE: RELIGIOUS WITH FREE MARKET PRINCIPLES

$40,000

SACRED HEART OF JESUS PARISH

Org PageRecipient Profile

Grand Rapids, MI

PURPOSE: RELIGIOUS

$20,961

CHRIST THE KING CHURCH

PURPOSE: RELIGIOUS

$2,500
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