American Electric Power Foundation
Annual Giving
$22.6M-16% YoY
Grants
752
Median Grant
$10K
Organizations Funded
687
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Foundation Overview
Mission
The AEP Foundation provides a permanent, ongoing resource for charitable initiatives involving higher dollar values and multi-year commitments in communities served by AEP. Focus areas include education (improving lives through education from early childhood through higher education in STEM), basic human services (emergency shelter, affordable housing, elimination of hunger), and environment/other areas (protecting environment, supporting healthcare and safety, enriching life through arts, music and cultural heritage).
Focus Areas
Grant Types
Funded Initiatives
Delivering on the Dream: Social and Racial Justice grant program (five-year, $5 million commitment); $200,000 grant to Zora's House in Columbus; STEM after-school grants to FFA chapters (fifth year of five-year program); Making a Difference grants up to $300 per project for employee volunteer efforts (48 grants submitted recently).
How to Apply
Nonprofit 501(c)(3) organizations must secure an invitation to apply by their local AEP Operating Company. Those organizations accepted for application will be directed to apply online. Requests are accepted throughout the year for consideration at regular meetings of the American Electric Power Foundation board of directors.
Does Not Fund
Does not provide grants directly to individuals for any purpose; only provides donations to organizations that do not discriminate based on political affiliation, religious belief, age, disability, ethnicity, gender, gender identity, national origin, race or sexual orientation; purely athletic programs not connected to broader community/developmental goals are excluded.
Based on publicly available information from the foundation's 990 filings and website.
Giving History
$22.6M
Grants
752
Median
$10K
States
20
$26.7M
Grants
793
Median
$8K
States
21
$32.9M
Grants
703
Median
$10K
States
23
Grant Size Distribution
$10K
Typical Grant (Median)
$145
Smallest
$3K
25th Pctile
$25K
75th Pctile
$500K
Largest
Excludes grants ≤ $5K. Half fall between $3K and $25K.
Largest Recent Grants
$500K
2024
THE COLUMBUS PARTNERSHIP
OH · Smart Columbus Sustainability
$500K
2024
OHIO STATE UNIVERSITY FOUNDATION
OH · 2020 AEP Foundation grant for Pelotonia Operational Support
$500K
2024
GIRL SCOUTS SEAL OF OHIO COUNCIL INC
OH · 2021 AEP Foundation grant for Girl Scouts of Ohio's Heartland Dream Big Transformational Initiative
$500K
2024
COLUMBUS STATE COMMUNITY COLLEGE DEVELOPMENT FOUND
OH · Credits Count (Office of Talent Strategy at Columbus State)
$400K
2024
NATIONAL VETERANS MEMORIAL AND MUSEUM OPERATING CO
OH · 2022 AEP Foundation for Ensuring Enhanced, Accessible, and Complementary Exhibitions, Programming, and Museum Experiences
Geographic Focus
Top states by total grant dollars. Based on IRS filing data.
Financial Overview
Grants paid shown as percentage of total assets
Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.