EIN 57-0901832

Alabama Power Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Birmingham
State
Year formed
1990
Most recent tax filings
2022-12-01
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
$8,540,330
2022
Total expenses
$20,571,754
2022
Total assets
$121,987,725
2022
Num. employees
6
2022

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.

Grants made by Alabama Power Foundation

GranteeGrant descriptionAmount
Alabama Shakespeare FestivalGeneral/operating$500,000
Auburn University FoundationGeneral/operating$490,304
University of Alabama at Birmingham Womens ClubGeneral/operating$400,000
...and 555 more grants made totalling $11,082,565

Personnel at Alabama Power Foundation

NameTitleCompensation
Tan GraysonProgram Manager , Associate Director
Hallie BradleyManager Strategic Initiatives$96,717
Marsha MorganProject Manager, Community Initiatives$71,921
Allison SwaglerCharitable Giving SP$78,503
Margaret WhiteCharitable Giving PR$67,191
...and 3 more key personnel

Financials for Alabama Power Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,071
Investment income and dividends$2,647,002
Net rental income$0
Net gain from sale of non-inventory assets$5,869,301
Gross sales of inventory$0
Miscellaneous revenues$21,956
Total revenues$8,540,330

Form 990s for Alabama Power Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-13990PFView PDF
2019-122021-06-14990PFView PDF
2018-122019-12-19990PFView PDF
...and 8 more Form 990s

Organizations like Alabama Power Foundation

OrganizationLocationRevenue
Select Equity Group FoundationNew York, NY$39,341,883
Blue Cross and Blue Shield of Mississippi FoundationFlowood, MS$36,180,537
Timken Foundation of CantonCanton, OH$35,361,538
Harry T. Mangurian JR FoundationFort Lauderdale, FL$3,451,503
Corning Incorporated FoundationCorning, NY$3,419,322
BP FoundationHouston, TX$8,050,677
CHS FoundationInver Grove Heights, MN$14,888,103
Walter J and Betty C Zable FoundationSan Diego, CA$8,237,402
Hirsch Family FoundationDallas, TX$34,969,949
Assisi Foundation of MemphisMemphis, TN$18,670,140
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 donations
General information
Address
600 N 18th St
Birmingham, AL 35291
County
Jefferson County, AL
Website URL
powerofgood.com/about/ 
Phone
(205) 257-2167
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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