The American Electric Power Foundation is funded by American Electric Power and its operating subsidiaries, aiming to provide a permanent, ongoing resource for charitable initiatives. It focuses on enhancing life quality in communities served by AEP and beyond, emphasizing education in STEM fields, basic human needs for housing and hunger, as well as social and racial justice. The Foundation also supports environmental conservation, healthcare, safety, and the enrichment of life through the arts and cultural heritage.
Summary
Based on IRS 2022 990PF Filing
Revenue
$79.9M
Number of grants
703
Assets
$96M
Median grant size
$10k
Total giving
$32.2M
Average grant size
$45.8k
Contact
EIN
203886453
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377