EIN 57-0901832

Alabama Power Foundation

IRS 501(c) type
501(c)(3)
Num. employees
12
City
Birmingham
State
Year formed
1990
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Alabama Power Foundation is a corporate foundation that made 748 grants last year. The trustees are Myla Calhoun, Celia H Shorts, and Christopher R Blake. The foundation is located in Birmingham, AL.
Total revenues
$10,001,601
2023
Total expenses
$22,817,060
2023
Total assets
$121,475,169
2023
Num. employees
12
2023

Program areas at Alabama Power Foundation

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.
Program related investment interest

Grants made by Alabama Power Foundation

GranteeGrant descriptionAmount
Birmingham PromiseGeneral/operating$1,000,000
University of Alabama at Birmingham Womens ClubGeneral/operating$500,000
United Way of Central AlabamaGeneral/operating$500,000
...and 592 more grants made totalling $11,551,118

Personnel at Alabama Power Foundation

NameTitleCompensation
Tan GraysonProgram Manager , Associate Director
Hallie BradleyManager Strategic Initiatives$96,717
Marsha MorganProject Manager, Community Initiatives$71,921
Margaret WhiteCharitable Giving PR$67,191
Sharon LunaCharitable Giving , B$76,351
...and 2 more key personnel

Financials for Alabama Power Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,806
Investment income and dividends$2,907,170
Net rental income$0
Net gain from sale of non-inventory assets$7,063,615
Gross sales of inventory$0
Miscellaneous revenues$29,010
Total revenues$10,001,601

Form 990s for Alabama Power Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-13990PFView PDF
2019-122021-06-14990PFView PDF
...and 9 more Form 990s

Organizations like Alabama Power Foundation

OrganizationLocationRevenue
CHS FoundationInver Grove Heights, MN$10,119,491
Horizon Charitable FoundationNewark, NJ$11,210,173
Ray FoundationNaples, FL$7,315,310
Walter J and Betty C Zable FoundationSan Diego, CA$5,312,663
Hilton Global FoundationMclean, VA$6,362,396
Alliant Energy FoundationMadison, WI$7,753,445
Steelcase FoundationGrand Rapids, MI$2,729,687
Carina InitiativesTorrance, CA$20,315,586
Albemarle FoundationCharlotte, NC$4,258,896
The Frederick A Deluca FoundationPompano Beach, FL$42,638,258
Data update history
December 26, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 26, 2023
Updated personnel
Identified 2 new personnel
December 24, 2023
Used new vendors
Identified 2 new vendors, including , and
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 liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
600 N 18th St
Birmingham, AL 35291
County
Jefferson County, AL
Website URL
powerofgood.com/about/ 
Phone
(205) 257-0231
Facebook page
AlabamaPower 
Twitter profile
@alabamapower 
IRS details
EIN
57-0901832
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1990
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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