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Nonprofit · EIN 62-1819796

POWELL FOUNDATION

Tax-exempt · BRENTWOOD, TN 37027

Financials

$17.3M$1.3M2023$1.1M$2M2024
Revenue Expenses · by fiscal year end
Financials of POWELL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,132,112$1,962,314-$830,202$30,737,247$0$30,737,247
December 31, 2023990-PF$17,343,470$1,266,558$16,076,912$31,567,449$0$31,567,449
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$742,602
Interest
$41,848
Net gain from sales of assets
$347,471
Other income
$191

Expenses

Grants and similar amounts paid
$1,661,295
Disbursements for charitable purposes
$1,661,295
Excise tax on investment income
$11,550

Balance sheet and other

Total assets, start of year
$31,567,449
Total assets, end of year
$30,737,247
Total liabilities, end of year
$0
Net assets, end of year
$30,737,247
Fair market value of assets
$34,451,763
Qualifying distributions
$1,661,295
Net investment income
$1,131,921

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
SANDRA POWELL
205 URBANA RD, LIMESTONE, TN 37861
DIRECTOR0.5$0
JAMES J POWELL JR
2105 KEY DRIVE, BRENTWOOD, TN 37027
SECRETARY0.5$0
MICHAEL POWELL
2194 HIGHLAND FALLS COURT, JOHNSON CITY, TN 37615
DIRECTOR0.5$0
JENNIFER VON DE HEIDEN
509 LOCKE COURT, BRENTWOOD, TN 37027
PRESIDENT0.5$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
SANDRA POWELL
205 URBANA RD, LIMESTONE, TN 37861
CLASS III DI0$0
JAMES J POWELL JR
2105 KEY DRIVE, BRENTWOOD, TN 37027
CLASS II DIR0$0
MICHAEL POWELL
2194 HIGHLAND FALLS COURT, JOHNSON CITY, TN 37615
CLASS I DIRE0$0
JENNIFER VON DE HEIDEN
509 LOCKE COURT, BRENTWOOD, TN 37027
SECRETARY0$0

Address and contacts

Address (IRS master file)
2105 KEY DR, BRENTWOOD, TN 37027-5431
In care of
% JENNIFER VON DER HEIDEN
Signed the 990-PF
JAMES J POWELL JR, SECRETARY
Phone
(423) 794-6095
Return prepared by
MOYER & COMPANY LLC

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
62-1819796
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
2000
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$30,737,247
Income (IRS master file)
$4,113,453

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,132,112$1,962,314$30,737,247XML
990-PFDecember 2023$17,343,470$1,266,558$31,567,449XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 62-1819796).

Questions about POWELL FOUNDATION

What is the EIN of POWELL FOUNDATION?
The employer identification number (EIN) of POWELL FOUNDATION is 62-1819796.
Is POWELL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to POWELL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does POWELL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of POWELL FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POWELL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of POWELL FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does POWELL FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,132,112, expenses of $1,962,314 and total assets of $30,737,247 at year end.

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