Private foundation · EIN 65-1175747 · Salem, Virginia · Philanthropy & grantmaking

Powell Charitable Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2024 Form 990-PF: 58 grants paid, $550K total, median $6,000. 83% of grants stayed in Virginia.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
58
$550K
Median grant
$6,000
Stays in VA
83%
of grants
Deadline
—
Assets
$11M

Grants paid in 2024

Top 40 of 58 grants by amount · from Form 990-PF Part XV

RecipientPurposeAmount
Redeemer PresbyterianLynchburg, VAReligious$75K
Faith Christian ChurchChristiansburg, VAReligious$40K
Star CommunityHagerstown, MDAdult care$35K
Valley Bible ChurchRoanoke, VAReligious$28K
E&h CollegeMeadowview, VAEducation$25K
Star City Soccer FoundationRoanoke, VAEducation$18K
Rally for the ValleySalem, VAHumanitarian$15K
St Pauls EpiscopalSalem, VAReligious$15K
Andrew Lewis Middle SchoolSalem, VAEducational$12K
Gw Carver Elementary SchoolSalem, VAEducation$12K
East Salem Elementary SchoolSalem, VAEducational$12K
South Salem Elementary SchoolSalem, VAEducational$12K
West Salem Elementary SchoolSalem, VAEducational$12K
Salvation ArmyRoanoke, VAHumanitarian$11K
Blue Ridge Women's CenterRoanoke, VAAdvocacy$11K
Church of St Peter & St PaulRoanoke, VAReligious$10K
McCleary Elementary SchoolNew Castle, VAEducation$10K
Restoration HousingRoanoke, VAPhilanthropic$10K
Roanoke Cultural EndowmentRoanoke, VAArts$10K
Fellowship Community ChurchSalem, VAReligious$9,500
Young LifeRoanoke, VAReligious$9,500
Masterpiece AllianceSalem, VAPhilanthropic$9,000
Rescue Mission MinistriesRoanoke, VAReligious$9,000
Life Ring FoundationRoanoke, VAHealth$8,500
Faith Christian SchoolRoanoke, VAEducation$7,500
Salem Roanoke Food PantrySalem, VAHumanitarian$7,250
League Animal ProtectionFincastle, VAWildlife$6,500
5 Points Music SanctuaryRoanoke, VAHealth awareness$6,000
Local Environmental Agriculturae PrRoanoke, VAFood insecurity$6,000
Smaritan's PurseBoone, NCPhilanthrpic$6,000
Bonhoeffer HausRadford, VAReligious$5,000
International Christian CenterBrownsville, TXReligious$5,000
LampstandRoanoke, VAPhilanthropy$5,000
Mission Aviation FellowshipNampa, IDEducational$5,000
Pregnancy Resource CenterBlacksburg, VAHealth$5,000
Roanoke SymphonyRoanoke, VAArts$5,000
Salem MuseumSalem, VAHistorical$5,000
Salem Rescue SquadSalem, VACommunity services$5,000
Sheparding ShepardsRoanoke, VAReligious$5,000
Upper Craig Creek Volunteer FireCatawba, VAPublic service$5,000

By state: Virginia 48 · Maryland 1 · North Carolina 2 · Texas 1 · Idaho 1 · South Dakota 1

About this foundation

Powell Charitable Foundation is a private grantmaking foundation in Salem, Virginia, administered in care of Franklin Montgomery Esq, tax-exempt since 2003. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Powell Charitable Foundation accept grant applications?

No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Powell Charitable Foundation give each year?

In tax year 2024 it paid $550K across 58 grants, a median of $6,000.

Where does Powell Charitable Foundation give?

Virginia (48 grants), Maryland (1 grants), North Carolina (2 grants) and elsewhere, per its latest filing.

More foundations near Salem that accept applications

All in Virginia
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
James a Meador Foundationsince 1966 Salem, VA $472K25 grants · 2025 $10KPreselected only $9.1M
Red Gates Foundationsince 2021 Richmond, VA $67M33 grants · 2024 $400KPreselected only $1.4B
Charles Koch Foundationsince 2014 Arlington, VA $64M93 grants · 2024 $250KYes $748M
Endeavour Legacy Foundationsince 2019 Richmond, VA $39M14 grants · 2024 $583KPreselected only $790M
Jack Kent Cooke Foundationsince 2015 Lansdowne, VA $25M1,419 grants · 2024 $7,702Yes $827M
Barbara Brunckhorst Foundationsince 2022 Richmond, VA $23M18 grants · 2024 $75KPreselected only $426M
Capital One Foundation Incsince 1997 McLean, VA $36M102 grants · 2025 $123KPreselected only $328M
Bedford Falls Foundationsince 1997 McLean, VA $13M19 grants · 2025 $271KPreselected only $316M
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