The Virginia R Powers And Frederic B Powers Jr Family Foundation
- Assets
- $28.7k
- Revenue
- $54.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 04/2010
- Data as of
- 12/2017
- EIN
- 90-0538989
Organization Overview
The Virginia R Powers And Frederic B Powers Jr Family Foundation is located in Harrison, NY. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2017, Virginia R Powers And Frederic B Powers Jr Family Foundation generated $54.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 39.8% each year . All expenses for the organization totaled $35.0k during the year ending 12/2017. While expenses have increased by 16.8% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia R Powers President | 1 | $0 | |
Christopher W Powers Vice President | 1 | $0 | |
Jeffrey R Powers Secretary | 1 | $0 | |
Frederic B Powers III Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $54,625 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,625 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,000 |
| Total operating and administrative expenses | $4,000 |
| Contributions, gifts, grants paid | $30,970 |
| Total expenses and disbursements | $34,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,659 |
| Savings and temporary cash investments | $0 |
| 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 | $28,659 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Virginia R Powers And Frederic B Powers Jr Family Foundation has awarded $30,970 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF INDIAN RIVER PURPOSE: CHARITABLE CONTRIBUTIONCHARITABLE CONTRIBUTION | $5,750 |
BOYS AND GIRLS CLUB OF MT VERNON PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
GIFFORD YOUTH ACTIVITY CENTER PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
GREENWICH ACADEMY PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
FLOAT HOPE OF INDIAN RIVER COUNTY PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
JOHNS ISLAND SERVICE LEAGUE PURPOSE: CHARITABLE CONTRIBUTION | $90 |