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EIN 20-3886453

American Electric Power Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Wilmington
State
Delaware
Year formed
2006
Most recent tax filings
2022-12-01
NTEE code, primary
T21: Corporate foundations
Description
The American Electric Power Foundation is a Columbus, OH-based private foundation that annually grants 59 grants totaling $1,457,000 to various organizations.
Total revenues
$79,861,978
2022
Total expenses
$29,839,850
2022
Total assets
$95,988,119
2022
Num. employees
n/a

Grants made by American Electric Power Foundation

GranteeGrant descriptionAmount
Ohio State University Foundation (OSUF)General & Unrestricted$1,250,000
Kipp Columbus FoundationGeneral & Unrestricted$1,050,000
Mid-Ohio FoodbankFinal Payment for the Re-Imagine Ending Hunger Cam$1,000,000
...and 539 more grants made totalling $26,704,330

Personnel at American Electric Power Foundation

NameTitleCompensation
Nicholas K. AkinsChairman , President and Chief Executive Officer$0
Albert M. SmoakChief Operating Officer
Brett MattisonPresident and Chief Operating Officer
Therace RischExecutive Vice President and Chief Information and Technology Officer
Phil UlrichSenior Vice President and Chief Human Resources Officer
...and 12 more key personnel

Financials for American Electric Power Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$75,000,000
Investment income and dividends$796,066
Net rental income$0
Net gain from sale of non-inventory assets$4,062,534
Gross sales of inventory$0
Miscellaneous revenues$3,378
Total revenues$79,861,978

Form 990s for American Electric Power Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
2018-122019-12-19990PFView PDF
...and 7 more Form 990s

Organizations like American Electric Power Foundation

OrganizationLocationRevenue
Liberty Mutual FoundationBoston, MA$61,066,266
Howmet Aerospace FoundationPittsburgh, PA$27,580,754
Interlaken FoundationNew York, NY$41,079,708
Kiewit Companies FoundationMilwaukee, WI$36,875,183
Community Finance CorporationTucson, AZ$87,586,765
Hildebrand FoundationHouston, TX$48,426,674
The Bank of America Charitable FoundationCharlotte, NC$76,977,118
Best Buy FoundationRichfield, MN$22,106,255
Pfizer FoundationNew York, NY$37,938,846
Keybank FoundationCleveland, OH$25,863,883
Data update history
January 12, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 12, 2024
Updated personnel
Identified 3 new personnel
December 29, 2023
Used new vendors
Identified 1 new vendor, including
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
Foundation Source 501 Silverside Rd
Wilmington, DE 19809
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
New Castle County, DE
Website URL
aep.com 
Phone
(800) 839-1754
IRS details
EIN
20-3886453
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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