Alabama Power Foundation Inc
Grantmaking foundation in Birmingham, Alabama · EIN 57-0901832
- Alabama
- Birmingham
- Philanthropy, Voluntarism and Grantmaking Foundations
- Philanthropy, Voluntarism and Grantmaking Foundations in Alabama
- Total giving
- $17MTax year 2023
- Grants made
- 880Tax year 2023
- Total assets
- $120MLatest reported
- Latest IRS filing
- 2024Form 990 / 990-PF
Mission
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.
Giving by year
Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.
Top recipients
| Recipient | Amount | Tax year |
|---|---|---|
| Birmingham Promise Inc | $1M | 2023 |
| Saban Center Foundation | $500K | 2023 |
| The University of Alabama School of Law Foundation | $500K | 2023 |
| Crimson Tide Foundation | $400K | 2023 |
| University of Alabama at Birmingham | $400K | 2023 |
Amounts are rounded. The full grantee list (880 grants in 2023) is available with a free account.
Website: www.powerofgood.com
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Source: IRS Form 990 and 990-PF filings, tax year 2023. Also see this organization on ProPublica Nonprofit Explorer.