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Also known as: FOUNDATION INC
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Alpena Power Company Energy Foundation Inc. is a private corporation based in ALPENA, MI. The foundation received its IRS ruling in 2011. The principal officer is Ann K Burton. It holds total assets of $19K. Annual income is reported at $630. Total assets have decreased from $60K in 2012 to $25K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Alpena Power Company Energy Foundation Inc. has made 6 grants totaling $18K, with a median grant of $3K. The foundation has distributed between $6K and $6K annually from 2021 to 2023. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Alpena Power Company Energy Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MI.
Alpena Power Company Energy Foundation Inc. has distributed a total of $18K across 6 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $3K to $3K.
Alpena Power Company Energy Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Alpena Power Company Energy Foundation Inc. is headquartered in ALPENA, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Danielle Green | TREASURER | $0 | $0 | N/A |
| Audra Smith | SECRETARY | $0 | $0 | N/A |
| Matthew Cameron | VICE-PRESIDE | $0 | $0 | N/A |
| Kenneth Dragiewicz | PRESIDENT | $0 | $0 | N/A |
Total Giving
$6K
Total Assets
$25K
Fair Market Value
$25K
Net Worth
$25K
Grants Paid
$6K
Contributions
N/A
Net Investment Income
$537
Distribution Amount
$1K
Total Grants
6
Total Giving
$18K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
2
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyOPERATING NEEDS | Alpena, MI | $3K | 2023 |
| St Vincent DepaulOPERATING NEEDS | Alpena, MI | $3K | 2023 |