Nonprofit · EIN 74-6104592
THE POWELL FOUNDATION
Tax-exempt · HOUSTON, TX 77019
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $49,055,801 | $24,244,754 | $24,811,047 | $491,924,553 | $2,247,313 | $489,677,240 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $7,121,880
- Interest
- $72,501
- Net gain from sales of assets
- $41,861,420
Expenses
- Grants and similar amounts paid
- $20,795,426
- Compensation of officers, directors and key employees
- $88,378
- Salaries, compensation and benefits (total)
- $1,082,787
- Disbursements for charitable purposes
- $22,252,864
- Excise tax on investment income
- $668,639
Balance sheet and other
- Total assets, start of year
- $451,534,153
- Total assets, end of year
- $491,924,553
- Total liabilities, end of year
- $2,247,313
- Net assets, end of year
- $489,677,240
- Fair market value of assets
- $491,924,553
- Qualifying distributions
- $22,252,864
- Net investment income
- $49,055,801
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Eleisha Nelson-Reed 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Executive Director Highest-paid employee | 40 | $274,646 | $37,691 |
| Anne Kuo Phan 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Director, Finance an Highest-paid employee | 40 | $164,363 | $18,313 |
| Angel Harvey King 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Director, Programs Highest-paid employee | 40 | $143,380 | $25,991 |
| Makia A Thomas 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Program Officer Highest-paid employee | 40 | $116,744 | $18,144 |
| Kate A Shannon 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Director, Learning & Highest-paid employee | 40 | $114,727 | $42,690 |
| Katherine Osborne Valdez 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Board President/Director | 16 | $88,378 | $3,535 |
| Ben H Powell V 2001 Kirby Drive Suite 1011, Houston, TX 77019 | VP/Director | 2 | $0 | $0 |
| Charles F Caldwell 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Secretary/Director | 2 | $0 | $0 |
| Marian M Casey 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Treasurer/Director | 5 | $0 | $0 |
| Ben H Powell VI 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Assistant Treasurer | 2 | $0 | $0 |
| Terry Bruner 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Director | 3 | $0 | $0 |
| Christopher D Casey II 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Director | 1 | $0 | $0 |
| Thao Costis 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Director | 3 | $0 | $0 |
| E Inez Hill 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Director | 1 | $0 | $0 |
| Katherine P Hill 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Molly N Kidd 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Director | 2 | $0 |
| Elizabeth K Moore 2001 Kirby Drive Suite 1011, Houston, TX 77019 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2001 KIRBY DR STE 1011, HOUSTON, TX 77019-6081
- In care of
- % KATHERINE OSBORNE VALDEZ
- Signed the 990-PF
- Katherine Osborne Valdez, President/Director
- Phone
- (713) 523-7557
- Return prepared by
- Blazek & Vetterling
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 74-6104592
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $491,924,553
- Income (IRS master file)
- $77,310,455
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $22,834,407 | $20,167,254 | $421,222,742 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about THE POWELL FOUNDATION
- What is the EIN of THE POWELL FOUNDATION?
- The employer identification number (EIN) of THE POWELL FOUNDATION is 74-6104592.
- Is THE POWELL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to THE POWELL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE POWELL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE POWELL FOUNDATION 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 THE POWELL FOUNDATION 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 THE POWELL FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 17 people; 6 received compensation from the organization, the highest $274,646 (Eleisha Nelson-Reed, Executive Director).
- How much revenue does THE POWELL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $49,055,801, expenses of $24,244,754 and total assets of $491,924,553 at year end.
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