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Nonprofit · EIN 58-2335552

W O AND ANN POWERS FOUNDATION INC

Tax-exempt · FLORENCE, SC 29502

Financials

$4M$4M2023$4M$4.1M2024$7.1M$4M2025
Revenue Expenses · by fiscal year end
Financials of W O AND ANN POWERS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$7,140,982$4,011,165$3,129,817$5,414,380$0$1,414,380
December 31, 2024990-PF$4,035,519$4,054,290-$18,771$3,626,417$12,200$3,614,217
December 31, 2023990-PF$4,026,664$4,030,021-$3,357$3,633,150$162$3,632,988
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$4,000,000
Interest
$81,746
Net gain from sales of assets
$3,059,236

Expenses

Grants and similar amounts paid
$4,000,000
Disbursements for charitable purposes
$4,000,000
Excise tax on investment income
$43,518

Balance sheet and other

Total assets, start of year
$3,626,417
Total assets, end of year
$5,414,380
Total liabilities, end of year
$0
Net assets, end of year
$1,414,380
Fair market value of assets
$5,414,380
Qualifying distributions
$4,000,000
Net investment income
$3,140,982

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILBUR O POWERS
PO BOX 5839, FLORENCE, SC 29502
DIRECTOR0$0
ANN W POWERS
PO BOX 5839, FLORENCE, SC 29502
DIRECTOR0$0
FRANK J BRAND II
616 FAIRWAY DRIVE, FLORENCE, SC 29501
DIRECTOR0$0
JOHN CURL
PO BOX 4815, FLORENCE, SC 29502
DIRECTOR0$0
BILLY HOYLEN
PO BOX 12465, FLORENCE, SC 29504
DIRECTOR0$0
WILLIAM T JARRELL
1316 PLACE DE JULIAN, FLORENCE, SC 29501
DIRECTOR0$0
STEWART JONES
2628 TROTTER ROAD, FLORENCE, SC 29501
DIRECTOR0$0
GRADY MOORE
2496 ABBEY WAY, FLORENCE, SC 29501
DIRECTOR0$0
BLAKE PATE
1400 WISTERIA DRIVE, FLORENCE, SC 29501
DIRECTOR0$0
JOHN T RABUN
2698 TROTTER ROAD, FLORENCE, SC 29501
DIRECTOR0$0
PAUL SEWARD
716 CALEDONIA COURT, FLORENCE, SC 29501
DIRECTOR0$0
PORTER STEWART
229 SOUTH COIT STREET, FLORENCE, SC 29501
EXECUTIVE DI0$0
LIBBY COOPER
2030 RALSTON COURT, FLORENCE, SC 29505
SECRETARY0$0
990-PF for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensation
ANN W POWERS
PO BOX 5839, FLORENCE, SC 29502
DIRECTOR0$500
FRANK J BRAND II
616 FAIRWAY DRIVE, FLORENCE, SC 29501
DIRECTOR0$500
JOHN CURL
PO BOX 4815, FLORENCE, SC 29502
DIRECTOR0$500
BILLY HOYLEN
PO BOX 12465, FLORENCE, SC 29504
DIRECTOR0$500
WILLIAM T JARRELL
1316 PLACE DE JULIAN, FLORENCE, SC 29501
DIRECTOR0$500
STEWART JONES
2628 TROTTER ROAD, FLORENCE, SC 29501
DIRECTOR0$500
GRADY MOORE
2496 ABBEY WAY, FLORENCE, SC 29501
DIRECTOR0$500
BLAKE PATE
1400 WISTERIA DRIVE, FLORENCE, SC 29501
DIRECTOR0$500
JOHN T RABUN
2698 TROTTER ROAD, FLORENCE, SC 29501
DIRECTOR0$500
PAUL SEWARD
716 CALEDONIA COURT, FLORENCE, SC 29501
DIRECTOR0$500
PORTER STEWART
229 SOUTH COIT STREET, FLORENCE, SC 29501
EXECUTIVE DI0$500
LIBBY COOPER
2030 RALSTON COURT, FLORENCE, SC 29505
SECRETARY0$500
WILBUR O POWERS
PO BOX 5839, FLORENCE, SC 29502
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
FRANK J BRAND II
616 FAIRWAY DRIVE, FLORENCE, SC 29501
DIRECTOR0$500
JOHN CURL
PO BOX 4815, FLORENCE, SC 29502
DIRECTOR0$500
BILLY HOYLEN
PO BOX 12465, FLORENCE, SC 29504
DIRECTOR0$500
WILLIAM T JARRELL
1316 PLACE DE JULIAN, FLORENCE, SC 29501
DIRECTOR0$500
STEWART JONES
2628 TROTTER ROAD, FLORENCE, SC 29501
DIRECTOR0$500
GRADY MOORE
2496 ABBEY WAY, FLORENCE, SC 29501
DIRECTOR0$500
BLAKE PATE
1400 WISTERIA DRIVE, FLORENCE, SC 29501
DIRECTOR0$500
JOHN T RABUN
2698 TROTTER ROAD, FLORENCE, SC 29501
DIRECTOR0$500
WILBUR O POWERS
PO BOX 5839, FLORENCE, SC 29502
DIRECTOR0$0
ANN W POWERS
PO BOX 5839, FLORENCE, SC 29502
DIRECTOR0$0
PAUL SEWARD
716 CALEDONIA COURT, FLORENCE, SC 29501
DIRECTOR0$0
PORTER STEWART
229 SOUTH COIT STREET, FLORENCE, SC 29501
EXECUTIVE DI0$0
LIBBY COOPER
2030 RALSTON COURT, FLORENCE, SC 29505
SECRETARY0$0

Address and contacts

Address (IRS master file)
PO BOX 5839, FLORENCE, SC 29502-5839
In care of
% W O POWERS CHAIRMAN
Signed the 990-PF
WILBUR O POWERS, DIRECTOR
Phone
(843) 669-5213
Return prepared by
HOLT & HOLT CPA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
58-2335552
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1997
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,414,380
Income (IRS master file)
$8,481,746

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$7,140,982$4,011,165$5,414,380XML
990-PFDecember 2024$4,035,519$4,054,290$3,626,417XML
990-PFDecember 2023$4,026,664$4,030,021$3,633,150XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-2335552).

Questions about W O AND ANN POWERS FOUNDATION INC

What is the EIN of W O AND ANN POWERS FOUNDATION INC?
The employer identification number (EIN) of W O AND ANN POWERS FOUNDATION INC is 58-2335552.
Is W O AND ANN POWERS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to W O AND ANN POWERS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does W O AND ANN POWERS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of W O AND ANN POWERS FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did W O AND ANN POWERS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of W O AND ANN POWERS FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does W O AND ANN POWERS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $7,140,982, expenses of $4,011,165 and total assets of $5,414,380 at year end.

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