Funder DirectoryALABAMA POWER FOUNDATION INC
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Private foundation (trust)EIN 570901832Est. 1990-01

ALABAMA POWER FOUNDATION INC

BIRMINGHAM, AL 35291

Total Assets

$121.5M

FY 2023

Annual Giving

$16.6M

FY 2023

Grants Made

1,194

FY 2023

Avg Grant

$14K

FY 2023

Grant Range

$100–$1M

Typical

Deadlines

Applications

Focus Areas

Corporate Foundations

Financial Snapshot

2023 filing

Total Revenue

$10.0M

Total Expenses

$22.8M

Qualifying Distributions

$20.3M

Distributable Amount

$6.8M

Min. Investment Return

$5.9M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

1,194 grants

Grant sizes from minimum $100 through median $3K to maximum $1M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Top Recipients

500 grants

BIRMINGHAM PROMISE INC
$1M
1 grant
UNIVERSITY OF ALABAMA AT BIRMINGHAM
$900K
2 grants
AUBURN UNIVERSITY FOUNDATION
$693K
8 grants
UNITED WAY OF CENTRAL ALABAMA INC
$569K
7 grants
SABAN CENTER FOUNDATION
$500K
1 grant
CRIMSON TIDE FOUNDATION
$400K
1 grant
ALABAMA POWER SERVICE ORGANIZATION
$392K
15 grants
FRIENDS OF RICKWOOD
$375K
2 grants

Grant Size Distribution

500 grants

<$10K
274
grants
$10–50K
176
grants
$50–250K
43
grants
$250K–1M
7
grants
$1–5M
$5M+

Geographic Focus

19 states

Alabama
$14.5M
92% of total
Michigan
$356K
2% of total
New York
$286K
2% of total
District of Columbia
$130K
1% of total
Massachusetts
$101K
1% of total
Tennessee
$96K
1% of total
New Jersey
$57K
0% of total
California
$55K
0% of total
Georgia
$47K
0% of total
Maine
$40K
0% of total

+9 more states

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ALABAMA POWER FOUNDATION INC — Grants, Financials & Contact | Grantivo