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Alabama Power Foundation Inc. is a private corporation based in BIRMINGHAM, AL. The foundation received its IRS ruling in 1990. The principal officer is Cindy Cagle. It holds total assets of $117.9M. Annual income is reported at $29.2M. The foundation is governed by 18 officers and trustees. In 2018, the alabama power foundation, inc. ("the foundation"), determined to extend its focus on education and relief of the poor and distressed and of the underprivileged through participation in state and local workforce development efforts. The foundation's efforts were focused on helping schools, colleges, and universities prepare graduates for tomorrow's job opportunities, in addition to helping the poor and distressed and the underprivileged access the state's workforce education and training programs. The purpose of these efforts was to increase access to education, to promote social welfare by preventing community deterioration, and to provide relief to the poor and distressed and the underprivileged. In addition to making grants to eligible tax-exempt organizations, the foundation devoted some staff and consultant time to these efforts. The foundation anticipates that such efforts willcontinue in 2022 and thereafter. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Alabama. According to available records, Alabama Power Foundation Inc. has made 2,350 grants totaling $32.4M, with a median grant of $3K. Individual grants have ranged from $100 to $1.5M, with an average award of $14K. The foundation has supported 853 unique organizations. The foundation primarily supports organizations in Alabama, New York, Michigan, which account for 95% of all grants. Grantmaking reaches organizations across 18 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$2K
Average Grant
$14K
Largest Grant
$1M
Based on 1,089 grants from the most recent 990-PF filing.
In 2018, the alabama power foundation, inc. ("the foundation"), determined to extend its focus on education and relief of the poor and distressed and of the underprivileged through participation in state and local workforce development efforts. The foundation's efforts were focused on helping schools, colleges, and universities prepare graduates for tomorrow's job opportunities, in addition to helping the poor and distressed and the underprivileged access the state's workforce education and training programs. The purpose of these efforts was to increase access to education, to promote social welfare by preventing community deterioration, and to provide relief to the poor and distressed and the underprivileged. In addition to making grants to eligible tax-exempt organizations, the foundation devoted some staff and consultant time to these efforts. The foundation anticipates that such efforts willcontinue in 2022 and thereafter.
In 2018, the alabama power foundation, inc. ("the foundation"), determined to extend its focus on education and relief of the poor and distressed and of the underprivileged through participation in state and local workforce development efforts. The foundation's efforts were focused on helping schools, colleges, and universities prepare graduates for tomorrow's job opportunities, in addition to helping the poor and distressed and the underprivileged access the state's workforce education and training programs. The purpose of these efforts was to increase access to education, to promote social welfare by preventing community deterioration, and to provide relief to the poor and distressed and the underprivileged. In addition to making grants to eligible tax-exempt organizations, the foundation devoted some staff and consultant time to these efforts. The foundation anticipates that such efforts willcontinue in 2022 and thereafter. Based on available records, the foundation has funded 2,350 grants. Its grantmaking reaches organizations primarily in AL, NY, MI.
Alabama Power Foundation Inc. has distributed a total of $32.4M across 2,350 grants. The median grant size is $3K, with an average of $14K. Individual grants have ranged from $100 to $1.5M.
The application deadline is SCHOLARSHIP APPLICATIONS ARE DUE IN FEBRUARY OR MARCH OF EACH YEAR.. Scholarship applicants must meet the following criteria: (1) child of an alabama power employee (2) high school senior or graduate or current postsecondary undergraduate (3) plan to enroll in full-time undergraduate study at an accredited nonprofit two-year or four-year college, university or vocational-technical school for the entire academic year.
Alabama Power Foundation Inc. is headquartered in BIRMINGHAM, AL. While based in AL, the foundation distributes grants to organizations across 18 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Staci B Brooks | PRESIDENT AND DIRECTOR | $146K | $0 | $146K |
| Moses Feagin | DIRECTOR | $47K | $0 | $47K |
| Ruby B Jackson | ASSISTANT SECRETARY | $12K | $0 | $12K |
| Chrisopher R Blake | TREASURER & DIRECTOR | $10K | $0 | $10K |
| Anita D Allcorn | DIRECTOR | $7K | $0 | $7K |
| Wendy Hoomes | ASSISTANT TREASURER | $6K | $0 | $6K |
| Monica Graveline | DIRECTOR | $853 | $0 | $853 |
| Amy B Riley | VICE PRESIDENT AND SECRETARY | $454 | $0 | $454 |
| Ashley Robinett | DIRECTOR | $0 | $0 | N/A |
| Clay M Ryan | CHAIRMAN | $0 | $0 | N/A |
| Patrick Murphy Jr | DIRECTOR | $0 | $0 | N/A |
| Jonathan Porter | DIRECTOR | $0 | $0 | N/A |
| J Leigh Davis | DIRECTOR | $0 | $0 | N/A |
| Nicole Faulk | DIRECTOR | $0 | $0 | N/A |
| Jeffrey Peoples | DIRECTOR | $0 | $0 | N/A |
| Myla Calhoun | DIRECTOR | $0 | $0 | N/A |
| Alexia B Borden | DIRECTOR | $0 | $0 | N/A |
| Quentin Riggins | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$117.9M
Fair Market Value
N/A
Net Worth
$113.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2,350
Total Giving
$32.4M
Average Grant
$14K
Median Grant
$3K
Unique Recipients
853
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Prosper Birmingham LlcGENERAL/OPERATING | Birmingham, AL | $1.5M | 2022 |
| Alabama Shakespeare Festival IncGENERAL/OPERATING | Montgomery, AL | $500K | 2022 |
| Auburn University FoundationGENERAL/OPERATING | Newbern, AL | $490K | 2022 |
| University Of Alabama At BirminghamGENERAL/OPERATING | Birmingham, AL | $400K | 2022 |
| Crimson Tide FoundationGENERAL/OPERATING | Tuscaloosa, AL | $400K | 2022 |
| Central Alabama Community Foundation IncGENERAL/OPERATING | Montgomery, AL | $300K | 2022 |
| Historic Restoration Society IncGENERAL/OPERATING | Mobile, AL | $250K | 2022 |
| Woodlawn Foundation IncGENERAL/OPERATING | Birmingham, AL | $250K | 2022 |
| Young Men'S Christian Association Of BirminghamGENERAL/OPERATING | Birmingham, AL | $250K | 2022 |
| Auburn Research And Technology FoundationGENERAL/OPERATING | Auburn, AL | $225K | 2022 |
| United Way Of Central Alabama IncGENERAL/OPERATING | Birmingham, AL | $212K | 2022 |
| Strive International IncGENERAL/OPERATING | New York, NY | $200K | 2022 |
| Miles CollegeGENERAL/OPERATING | Fairfield, AL | $150K | 2022 |
| Faulkner UniversityGENERAL/OPERATING | Montgomery, AL | $150K | 2022 |
| University Of Montevallo FoundationGENERAL/OPERATING | Montevallo, AL | $150K | 2022 |
| Scholarship America IncGENERAL/OPERATING | Detroit, MI | $150K | 2022 |
| Alabama Power Service OrganizationGENERAL/OPERATING | Birmingham, AL | $140K | 2022 |
| Talladega CollegeGENERAL/OPERATING | Talladega, AL | $125K | 2022 |
| Build UpGENERAL/OPERATING | Birmingham, AL | $105K | 2022 |
| United Way Of Southwest Alabama IncGENERAL/OPERATING | Mobile, AL | $105K | 2022 |
| Economic Development Partnership Of Alabama FoundationGENERAL/OPERATING | Birmingham, AL | $100K | 2022 |
| Hispanic Interest Coalition Of AlabamaGENERAL/OPERATING | Birmingham, AL | $100K | 2022 |
| Downtown Jimmie Hale Mission IncGENERAL/OPERATING | Birmingham, AL | $100K | 2022 |
| Fathers Of St Edmund Southern Missions IncGENERAL/OPERATING | Selma, AL | $100K | 2022 |
| Women'S Foundation Of AlabamaGENERAL/OPERATING | Birmingham, AL | $100K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL