Warren P And Joanne C Powers Charitable Foundation Inc is located in Jacksonville, FL. The organization was established in 1994. 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. Warren P And Joanne C Powers Charitable Foundation Inc 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 12/2022, Warren P And Joanne C Powers Charitable Foundation Inc generated $699.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $560.3k during the year ending 12/2022. While expenses have increased by 17.3% per year over the past 8 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 2018, Warren P And Joanne C Powers Charitable Foundation Inc has awarded 172 individual grants totaling $1,832,264. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Warren P Powers Director | 1 | $0 | |
Joanne C Powers Director | 1 | $0 | |
Patrick D Powers Secretary | 1 | $0 | |
Nancy Powers Executive | 1 | $0 | |
Jane Collins Executive Director | 20 | $60,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $698,315 |
Interest on Savings | $0 |
Dividends & Interest | $18,906 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$17,822 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $699,399 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $60,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $40,500 |
Interest | $0 |
Taxes | $7,952 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,433 |
Total operating and administrative expenses | $119,717 |
Contributions, gifts, grants paid | $440,600 |
Total expenses and disbursements | $560,317 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $85,967 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $878,218 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $250 |
Total liabilities | $250 |
Over the last fiscal year, Warren P And Joanne C Powers Charitable Foundation Inc has awarded $440,600 in support to 33 organizations.
Grant Recipient | Amount |
---|---|
ALLIANCE DEFENSE FUND PURPOSE: GENERAL FUND | $4,000 |
EOHSJ PURPOSE: GENERAL FUND | $12,000 |
DIOCESE OF ST AUGUSTINE PURPOSE: GENERAL FUND | $140,000 |
CATHOLIC NEAR EAST WELFARE ASSOC PURPOSE: GENERAL FUND | $4,000 |
EMERGENCY PREGNANT SERVICES PURPOSE: GENERAL FUND | $29,000 |
EWTN PURPOSE: GENERAL FUND | $2,000 |