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Tennessee · Private foundation

The Powell Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$1.7M
Granted FY2024(still arriving)
41
Grants FY2024
7
Organizations funded FY2023
71%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$25,000
Largest grant, FY2024
$235,000
Organizations funded a year
7 to 16
FY2017 to FY2023
States reached, FY2024
1
Total assets, FY2024
$31M
Applications
Takes unsolicited applications
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 71% of the organizations The Powell Foundation funded were first-time grantees, receiving 99% of its grant dollars.

New vs renewed · share of each year

In FY2023, 1% of grant dollars renewed an existing relationship; $1.1M went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
HealthEducationPhilanthropyOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving11$1.7M36%
FY20237$1.2M71%
FY202215$678k7%
FY202116$818k13%
FY202014$823k0%
FY201914$1.1M14%
FY201813$751k15%
FY201715$1.5Mn/a
99% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$6.1MScience & Tech$850kCommunity Improvement$455kArts & Culture$281kHousing & Shelter$165kHuman Services$118kYouth Development$105kPhilanthropy$100kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 12 grantees

Plus 19 recipients with no EIN on record ($3.4M), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget The Powell Foundation supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetEast Tennessee State University Foundation: $3,083,150 over 6y, 7.2% of budgetThe University of Tennessee Foundation Inc: $1,653,000 over 6y, 0.3% of budgetThe Chamber of Commerce: $100,000 over 3y, 7.1% of budgetUnited Way of East Tennessee Highlands Inc: $60,000 over 6y, 0.8% of budgetTennessee Sports Hall of Fame Inc: $45,000 over 8y, 4.0% of budgetThe Coalition for Kids Inc: $45,000 over 6y, 1.9% of budgetJohnson City Symphony Orchestra Inc: $35,000 over 6y, 5.0% of budgetHands on Discovery Center: $35,000 over 6y, 1.1% of budgetBallad Health Foundation: $25,000 over 5y, 0.1% of budgetMountain Mission School Inc: $25,000 over 3y, 0.2% of budgetMountain States Foundation: $5,000 over 1y, 0.2% of budgetFrontier Health Foundation: $5,000 over 1y, 0.7% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 12.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Eastman Credit UnionTN17.9× affinity6 shared granteesties to 9 of 9Hover any node to trace its alignments.Compare side by side →

Open a dossier: Eastman Credit Union · Food City Charitable Foundation · Tennessee Health Foundation Inc · Natl Christian Charitable Fdn Inc · American Endowment Foundation · The Bank of America Charitable Foundation Inc · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare The Powell Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to The Powell Foundation?

Find your warmest path to The Powell Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About The Powell Foundation

How much does The Powell Foundation give?
The Powell Foundation reported 41 grants totaling $1,661,295 in its FY2024 IRS filing. It funded between 7 and 16 organizations a year over FY2017 to FY2023.
What does The Powell Foundation fund?
By grant dollars over FY2017 to FY2024, its largest causes are Education (71%), Science & Tech (10%), Community Improvement (5%).
Who are The Powell Foundation's largest grantees?
By total granted over FY2017 to FY2024: East Tennessee State University Foundation ($3.1M), The University of Tennessee Foundation Inc ($1.7M), The Chamber of Commerce ($100k).
Does The Powell Foundation fund new organizations?
In FY2023, 71% of the organizations it funded were first-time grantees.
Does The Powell Foundation accept unsolicited applications?
Its most recent filing reports that it accepts unsolicited grant applications.
Which funders back the same organizations as The Powell Foundation?
Its strongest co-funders, measured against what their size predicts, include Eastman Credit Union, Food City Charitable Foundation, Tennessee Health Foundation Inc.
Where is The Powell Foundation based?
The Powell Foundation is based in TN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 31 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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