American Electric Power Foundation

Organization Overview

American Electric Power Foundation is located in Columbus, OH. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Electric Power Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, American Electric Power Foundation generated $10.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.1% each year . All expenses for the organization totaled $34.0m during the year ending 12/2021. While expenses have increased by 39.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, American Electric Power Foundation has awarded 144 individual grants totaling $134,956,736. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $69,627
Dividends & Interest $1,634,006
Net Rental Income$0
Net Gain on Sale of Assets $8,496,222
Capital Gain Net Income $8,496,222
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $10,199,855

Grants Awarded

Over the last fiscal year, American Electric Power Foundation has awarded $22,724,139 in support to 5 organizations.

Grant RecipientAmount

DUE IN 2022

PURPOSE: TO HELP AND IMPROVE AEP COMMUNITIES

$11,331,000

DUE IN 2023

PURPOSE: TO HELP AND IMPROVE AEP COMMUNITIES

$5,810,375

DUE IN 2024

PURPOSE: TO HELP AND IMPROVE AEP COMMUNITIES

$2,985,375

DUE IN 2021

PURPOSE: TO HELP AND IMPROVE AEP COMMUNITIES

$1,937,389

DUE IN 2025

PURPOSE: TO HELP AND IMPROVE AEP COMMUNITIES

$660,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that American Electric Power Foundation has recieved totaling $20,000.

Awarding OrganizationAmount
Columbus Downtown Development Corporation

Columbus, OH

PURPOSE: CC HOLIDAY LIGHTS

$20,000
View Grant Recipient Profile

Peer Organizations

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