Warren P And Joanne C Powers Charitable Foundation Inc
- Assets
- $878.2k
- Revenue
- $699.4k
- Investments
- $792.3k
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 09/1994
- Data as of
- 12/2022
- EIN
- 59-3156041
Organization Overview
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
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Board, Officers & Key Employees
| 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 |
Financial Statements
| 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 |
Grants Awarded
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 |