1. Directory
  2. Delaware
  3. Wilmington
  4. American Electric Power Foundation
EIN 20-3886453

American Electric Power Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Wilmington
State
Delaware
Year formed
2006
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The American Electric Power Foundation enhances lives through grants, supports education and community development, and promotes diversity and inclusion across its service territory.
Total revenues
$5,857,994
2023
Total expenses
$27,017,873
2023
Total assets
$74,342,346
2023
Num. employees
0
2023

Grants made by American Electric Power Foundation

GranteeGrant descriptionAmount
Kipp Columbus FoundationGeneral & Unrestricted$999,996
Girl Scouts of Ohio's Heartland2021 Aep Foundation Grant for Girl Scouts of Ohio'$500,000
Community Shelter BoardSystem's Response To Homelessness for Families and$500,000
...and 622 more grants made totalling $21,750,517

Personnel at American Electric Power Foundation

NameTitleCompensation
Nicholas K. AkinsChairman , President and Chief Executive Officer$0
William J. FehrmanPresident and Chief Executive Officer
Aaron WalkerPresident and Chief Operating Officer Appalachian Power
Albert M. SmoakChief Operating Officer
Brett MattisonPresident and Chief Operating Officer of Southwestern Electric Power Company
...and 21 more key personnel

Financials for American Electric Power Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$2,449,739
Net rental income$0
Net gain from sale of non-inventory assets$3,404,251
Gross sales of inventory$0
Miscellaneous revenues$4,004
Total revenues$5,857,994

Form 990s for American Electric Power Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
...and 8 more Form 990s

Organizations like American Electric Power Foundation

OrganizationLocationRevenue
Agustin A Ramirez JR Family FoundationMilwaukee, WI$1,751,494
M&D Bawabeh FoundationBrooklyn, NY$6,176,046
William M Keck JR FoundationLos Angeles, CA$1,549,954
The Powell FoundationBrentwood, TN$17,343,470
J F Maddox FoundationHobbs, NM$16,076,297
West Virginia Prevention SolutionsClarksburg, WV$1,682,012
The Affordable Housing Opportunity FundCharlottesville, VA$1,854,162
Nancy and Geoffrey Stack Family FoundationNewport Beach, CA$2,618,938
Rossin FoundationPittsburgh, PA$3,088,243
Stevens Family FoundationKetchum, ID$15,993,176
Data update history
November 8, 2024
Updated personnel
Identified 4 new personnel
September 26, 2024
Updated personnel
Identified 7 new personnel
August 10, 2024
Posted financials
Added Form 990PF for fiscal year 2023
January 12, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 12, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
EducationCommunity improvement
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
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
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when American Electric Power Foundation has new information, or want to find more organizations like American Electric Power Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy