5MPower Foundation
CHARLOTTE, NC EIN: 45-3175862
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
—
Annual Giving
$30K
-3.2% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$15K
-3.2% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does 5MPower Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael J Salvino | Trustee | 1 | — |
| Denise M Salvino | Trustee | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
North Carolina $152K (89%)
Ohio $11K (6%)
Indiana $8K (5%)
States
Cities
CharlotteHobartMarietta
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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