Private Foundation · AL · Corporate Foundations
Alabama Power Foundation Inc
Birmingham, AL · EIN 570901832 · Website ↗ · 990s on ProPublica ↗
Assets
$117.9M
Total Giving
$15.7M
Grants on File
1090
Average Grant
$14K
Giving Radius
Where Alabama Power Foundation Inc Has Given
Section I
How to Apply
Scholarship applications should be submitted online at the following web address: https://learnmore.scholarsapply.org/alabamapowerfoundation/ The following information should be included with the application: - Employee parent's ID number - Transcript of grades - Work history - School and community activities - Short statement of educational and career objectives - Family financial information
On Unsolicited Proposals yes
Restrictions
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
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Harrisburg, PA | $500 | 2022 |
| Birmingham, AL | $50K | 2022 |
| Birmingham, AL | $7K | 2022 |
| Talladega, AL | $8K | 2022 |
| Montgomery, AL | $500 | 2022 |
| Montgomery, AL | $1K | 2022 |
| Montgomery, AL | $1K | 2022 |
| Montgomery, AL | $250 | 2022 |
| Birmingham, AL | $10K | 2022 |
| Birmingham, AL | $250K | 2022 |
| Anniston, AL | $5K | 2022 |
| Prattville, AL | $2K | 2022 |
| Montgomery, AL | $500 | 2022 |
| York, AL | $8K | 2022 |
| York, AL | $500 | 2022 |
| Black Mountain, NC | $1K | 2022 |
| Tuscaloosa, AL | $500 | 2022 |
| Birmingham, AL | $500 | 2022 |
| Union Springs, AL | $100 | 2022 |
| Birmingham, AL | $2K | 2022 |
| Jacksonville, FL | $2K | 2022 |
| Alabaster, AL | $25K | 2022 |
| Birmingham, AL | $5K | 2022 |
| Birmingham, AL | $250K | 2022 |
| Birmingham, AL | $500 | 2022 |
Page 1 of 44 · 1090 total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $121.5M | $6.8M | $10.0M | $22.8M |
| 2022 | $122.0M | $6.8M | $8.5M | $20.6M |
| 2021 | $164.3M | $7.9M | $18.8M | $17.9M |
| 2020 | $156.8M | $6.7M | $6.9M | $14.4M |
| 2019 | $146.1M | $6.7M | $6.5M | $13.6M |
| 2015 | $129.1M | $6.7M | $13.7M | $11.8M |
| 2014 | $139.6M | $6.7M | $6.6M | $20.5M |
| 2013 | $143.6M | $6.3M | $10.8M | $10.3M |
| 2012 | $126.8M | $5.8M | $9.5M | $6.9M |
| 2011 | $119.1M | $5.9M | $7.6M | $8.2M |
Section VII
Foundations Like This One
Similar in focus area, location, and asset size. Worth researching as part of the same campaign.