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American Electric Power Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2006. The principal officer is Foundation Source. It holds total assets of $43.6M. Annual income is reported at $29.5M. The foundation is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, American Electric Power Foundation has made 1,498 grants totaling $91M, with a median grant of $10K. The foundation has distributed between $26.7M and $32.2M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $32.2M distributed across 704 grants. Individual grants have ranged from N/A to $31.4M, with an average award of $61K. The foundation has supported 917 unique organizations. The foundation primarily supports organizations in Ohio, Texas, Indiana, which account for 65% of all grants. Grantmaking reaches organizations across 24 states. 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.
American Electric Power Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1,498 grants. Its grantmaking reaches organizations primarily in OH, TX, IN.
American Electric Power Foundation has distributed a total of $91M across 1,498 grants. The median grant size is $10K, with an average of $61K. Individual grants have ranged from N/A to $31.4M.
The application deadline is REQUESTS ARE ACCEPTED THROUGHOUT THE YEAR FOR CONSIDERATION.. TO QUALIFY FOR A GRANT FROM OUR FOUNDATION, YOU MUST: - BE A 501(C)(3) PUBLIC CHARITY, A STATE OR POLITICAL SUBDIVISION, A GOVERNMENT-OWNED OR OPERATED COLLEGE OR UNIVERSITY, OR AN EXEMPT OPERATING FOUNDATION; AND - BE LOCATED WITHIN THE AEP SERVICE TERRITORY OR BE NATIONAL OR REGIONAL IN SCOPE AND HAVE A PURPOSE THAT IS BENEFICIAL TO THE GENERAL PUBLIC, THE BROAD ENVIRONMENT OR THE CUSTOMERS OF AMERICAN ELECTRIC POWER. FOR MORE INFORMATION VISIT THE FOLLOWING WEBSITE: https://www.aep.com/community/GivingBack. An application form is available on the foundation's website.
American Electric Power Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 24 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lisa Barton | Dir, VP | $0 | $0 | N/A |
| Christian T Beam | Dir, VP | $0 | $0 | N/A |
| Janelle N Coleman | Dir, Pres | $0 | $0 | N/A |
| Ann P Kelly | Dir | $0 | $0 | N/A |
| Charles Patton | VP, Dir | $0 | $0 | N/A |
| Peggy I Simmons | Dir, VP | $0 | $0 | N/A |
| Julie Sloat | Sec, Dir, Treas | $0 | $0 | N/A |
| Nick Akins | Chair, Dir | $0 | $0 | N/A |
Total Giving
$27M
Total Assets
$74.3M
Fair Market Value
$80.8M
Net Worth
$74.3M
Grants Paid
$26.7M
Contributions
N/A
Net Investment Income
$5.8M
Distribution Amount
$4.9M
Total: $56.5M
Total Grants
1,498
Total Giving
$91M
Average Grant
$61K
Median Grant
$10K
Unique Recipients
917
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbus FoundationADAMH Crisis Center Campaign Fund | Columbus, OH | $333K | 2023 |
| Young Womens Christian Association2021 AEP Foundation Social & Racial Justice Grant | Columbus, OH | $250K | 2023 |
| Kipp Columbus FoundationGeneral & Unrestricted | Columbus, OH | $1000K | 2023 |
| Columbus State Community College Development FoundCredits Count (Office of Talent Strategy at Columb | Columbus, OH | $500K | 2023 |
| Girl Scouts Seal Of Ohio Council Inc2021 AEP Foundation grant for Girl Scouts of Ohio' | Columbus, OH | $500K | 2023 |
| Ohio State University Foundation2020 AEP Foundation grant for Pelotonia Operationa | Columbus, OH | $500K | 2023 |
| Community Shelter BoardSystem's response to homelessness for families and | Columbus, OH | $500K | 2023 |
| The Columbus PartnershipSmart Columbus Sustainability | Columbus, OH | $500K | 2023 |
| United Way Of Central Ohio Inc2023 AEP Foundation grant for 2022 50% Employee Ma | Columbus, OH | $411K | 2023 |
| National Veterans Memorial And Museum Operating Co2022 AEP Foundation for Ensuring Enhanced, Accessi | Columbus, OH | $400K | 2023 |
| Columbus 2020 Foundation2023 Program of Work | Columbus, OH | $350K | 2023 |
| Furniture Bank Of Central Ohio2021 AEP Foundation grant for Master Plan to Furni | Columbus, OH | $333K | 2023 |
| Nationwide Childrens Hospital IncEHR Pilot--amended at 4/29/20 meeting to include r | Columbus, OH | $320K | 2023 |
| Safety Blitz Foundation IncNational Child Identification Program | Waco, TX | $286K | 2023 |
| Champions Of The Community IncSupport for the Nationwide Children's Championship | Columbus, OH | $273K | 2023 |
| Young Mens Christian Association Of Central OhioUnrestricted Support | Columbus, OH | $250K | 2023 |
| Columbus Association For The Performing Arts IncA New Community Arts Venue for Downtown Columbus: | Columbus, OH | $250K | 2023 |
| National Veterans Memorial And Museum FoundationCapital Renewal and Maintenance Fund | Columbus, OH | $250K | 2023 |
| Junior Achievement Of Central OhioCampaign to Achieve More for Central Ohio | Columbus, OH | $250K | 2023 |
| Alvis IncExpansion of Alum Creek Facility-Building Second C | Columbus, OH | $250K | 2023 |
| Greater Columbus Arts Council IncArtists Elevated; the GCAC Community Fund at the C | Columbus, OH | $250K | 2023 |
| I Know I CanColumbus Promise, a new program that enables Colum | Columbus, OH | $250K | 2023 |
| Rock And Roll Hall Of Fame And Museum IncRock & Roll Hall of Fame Expansion | Cleveland, OH | $250K | 2023 |
| Ronald Mcdonald House Charities Of Central Ohio In2020 AEP Foundation grant for RMHC Combined Campai | Columbus, OH | $250K | 2023 |
| Tulsa Community FoundationFinal payment for the Explore and Imagine (Gather | Tulsa, OK | $250K | 2023 |
| University Of FindlayGeneral & Unrestricted | Findlay, OH | $250K | 2023 |
| Columbus Symphony Orchestra Inc2023-24 Operating & Programmatic Support | Columbus, OH | $200K | 2023 |
| Columbus Metropolitan Library FoundationGreat Libraries Create Campaign: Phase II | Columbus, OH | $200K | 2023 |
| Lutheran Social Services Of Central Ohio IncGeneral Operating Support for LSS Food Pantries an | Columbus, OH | $200K | 2023 |
| Lifecare AllianceLifeCare Alliance Answering the Call Capital Campa | Columbus, OH | $200K | 2023 |
| Appalachia Service Project Inc2022 AEP Foundation Grant for Warmer, Safer Drier | Johnson City, TN | $200K | 2023 |
| Akron-Canton Regional FoodbankGrowing for Good: Canton Foodbank Facility and End | Akron, OH | $200K | 2023 |
| Tiffin UniversityTiffin University's Workforce Transformation Proje | Tiffin, OH | $178K | 2023 |
| Habitat For Humanity International IncBuilding Affordable, Energy-Efficient Habitat Home | Columbus, OH | $175K | 2023 |
| Godman Guild AssociationBuilding out a state-of-the-art Workforce Developm | Columbus, OH | $167K | 2023 |
| Disabled Sports UsaPower of Ability Initiative campaign | Powell, OH | $167K | 2023 |
| Nature ConservancyThe Nature Conservancy: Nature Lab | Arlington, VA | $150K | 2023 |
| Marshall University Research CorporationFlight school simulator and facilities | Huntington, WV | $150K | 2023 |
| New Albany Community FoundationThe New Albany Lecture Series, formerly The Jeffer | New Albany, OH | $150K | 2023 |
| The Tstc FoundationSocial & Racial Justice Grant for the Education of | Waco, TX | $150K | 2023 |
| Housing Development Alliance IncHigher Ground Initiative | Hazard, KY | $150K | 2023 |
| Childrens Hunger Alliance2022 AEP Foundation grant for Increasing Food Acce | Columbus, OH | $125K | 2023 |
| Futureready ColumbusEarly Learning Ecosystem | Columbus, OH | $125K | 2023 |