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
Personnel at Alabama Power Foundation
Name | Title | Compensation | Date of data |
---|
Tan Grayson | Program Manager , Associate Director | | 2023-06-20 |
Hallie Bradley | Manager Strategic Initiatives | $96,717 | 2023-06-20 |
Marsha Morgan | Project Manager, Community Initiatives | $71,921 | 2023-06-20 |
Margaret White | Charitable Giving PR | $67,191 | 2022-12-31 |
Sharon Luna | Charitable Giving , B | $76,351 | 2023-06-20 |
...and 2 more key personnel |
Financials for Alabama Power Foundation
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $1,806 | $2,071 | -12.8% |
Investment income and dividends | $2,907,170 | $2,647,002 | 9.8% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $7,063,615 | $5,869,301 | 20.3% |
Gross sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $29,010 | $21,956 | 32.1% |
Total revenues | $10,001,601 | $8,540,330 | 17.1% |
Organizations like Alabama Power Foundation
Organization | Type | Location | Revenue |
---|
CHS Foundation | 501(c)(3) | Inver Grove Heights, MN | $10,119,491 |
Horizon Charitable Foundation | 501(c)(3) | Newark, NJ | $11,210,173 |
Ray Foundation | 501(c)(3) | Naples, FL | $7,315,310 |
Walter J and Betty C Zable Foundation | 501(c)(3) | San Diego, CA | $5,312,663 |
Hilton Global Foundation | 501(c)(3) | Mclean, VA | $6,362,396 |
Alliant Energy Foundation | 501(c)(3) | Madison, WI | $7,753,445 |
Steelcase Foundation | 501(c)(3) | Grand Rapids, MI | $2,729,687 |
Carina Initiatives | 501(c)(3) | Torrance, CA | $20,315,586 |
Albemarle Foundation | 501(c)(3) | Charlotte, NC | $4,258,896 |
The Frederick A Deluca Foundation | 501(c)(3) | Pompano 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/Â
- Phone
- (205) 257-0231
- Facebook page
- AlabamaPowerÂ
- Twitter profile
- @alabamapowerÂ
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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