Georgia Power Foundation Inc
Georgia Power Foundation Inc. is a private foundation based in Atlanta, Georgia. Its 2024 filing reports 517 grants totaling $18,638,715. The foundation’s historical description says it gives preference to Georgia-based organizations and programs seeking to improve residents’ quality of life, and favors support for specific programs and capital campaigns.
Georgia Power Foundation Inc at a glance
In short: Georgia Power Foundation Inc gave $18.6M across 517 grants in 2024 (avg $36K), mostly in Georgia. 37% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $18,638,715
- +5.0% vs 2023
- Grants made (2024)
- 517
- -36.3% vs 2023
- Average grant
- $36,052
- +64.8% vs 2023
- Median grant
- $10,000
- Total assets
- $217,001,163
- -0.4% vs 2023
- New grantees (estimate)
- 37% first-time grantees (159 of 434, 2024)
- Primary geography
- Georgia (86% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Georgia Power Foundation Inc
- Invitation Only
-
Georgia Power's website says grant requests are accepted by invitation only. The 2024 filing describes an online grant request requiring a brief letter, a copy of the applicant’s 501(c)(3) tax-exempt letter, audited financials, a brief organizational description, a list of officers and board members, the amount requested, the grant purpose, and sources and amounts of other support. The filing states that restrictions or limitations apply to individuals, religious organizations, private secondary schools, and non-public charities.
- Review Cycle
- Requests of $25,000 or less are evaluated on an ongoing basis.
- Deadline
- Requests of $25,000 or less are evaluated on an ongoing basis.
- Contact
Application contact: Georgia Power Foundation
Mailing address: 241 Ralph Mcgill Blvd Ne Bin 10042, Atlanta, GA 30308
Phone: (404) 506-6784
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Georgia Power Foundation Inc
Who Georgia Power Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Morehouse School of Medicine Inc ($1.2M across 2 grants). Together the top 10 received $7.1M.
Organizations only. It also paid 10 grants to individuals ($382,500), which are not listed by name.
Grant Size Distribution
3,225 grants across all recorded years
The most common grant size was under $50K: 2,855 grants of 3,225 (89%).
Geographic Focus
Where this funder awards grants
The foundation is primarily focused on Georgia. In 2024, 86% of grant dollars went to recipients in Georgia; 5% went to California, 4% to Texas, and 1% each to Maryland and the District of Columbia. Its historical description says it gives strong preference to Georgia-based organizations and programs.
Grant Distribution by State
Share of 2024 grant dollars across all 517 itemized grants.
States
Cities
Is Georgia Power Foundation Inc open to new grantees?
37%
first-time grantees, 2024
In 2024, 159 of 434 grantees (37%) were first-time recipients. First grants averaged $25K; repeat grants $53K. How we count
Medians: $6K first-time, $15K repeat.
- 52% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+18%). Method
- In 2024 it paid out 179% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10.6M (2020) to $18.6M (2024). In 2024 it made 517 grants totaling $18.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Children's Healthcare of Atlanta Foundation Atlanta, GA | To support children's healthcare of atlanta north druid hills campus | $1,000,000 |
| Georgia Foundation for Public Education Atlanta, GA | Administration and fulfilment of workforce for Georgia grant program (rfp for third cycle) | $1,000,000 |
| Low Income Investment Fund San Francisco, CA | Purpose built communities early care and education neighborhood-centered ecosystem development | $1,000,000 |
| The Morehouse School of Medicine Inc Atlanta, GA | Morehouse School of Medicine New Academic Research Building | $800,000 |
| Woodruff Arts Center Atlanta, GA | Advancing Pathways: Workforce Development, Training, and Equity | $500,000 |
| Woodruff Arts Center Atlanta, GA | Experience Atlanta, Experience Woodruff Capital Campaign | $500,000 |
| The Morehouse School of Medicine Inc Atlanta, GA | Georgia Power Foundation Scholars Program | $440,000 |
| Bonterra Tech LLC Austin, TX | Club of hearts matching gift payment - 2025 program year | $400,000 |
| 1 individual scholarship Recipients not named | — | $325,000 |
| Atlanta Botanical Garden Inc Atlanta, GA | Atlanta's Garden Gateway Capital Campaign | $250,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $217,001,163 | $14,988,756 | $25,898,821 | $18,638,715 | 517 | $19,394,361 | $12,981,959 | $10,826,073 |
| 2023 | $217,918,727 | $10,669,851 | $16,890,190 | $17,744,477 | 811 | $17,777,539 | $9,105,051 | $10,426,365 |
| 2022 | $213,408,051 | $34,784,370 | $19,896,724 | $16,973,256 | 656 | $17,005,215 | $6,473,802 | $9,688,447 |
| 2021 | $222,309,509 | $29,809,906 | $20,687,743 | $15,810,687 | 588 | $15,867,943 | $15,205,256 | $9,713,404 |
| 2020 | $195,606,754 | $33,080,907 | $9,502,644 | $10,632,160 | 653 | — | $11,756,243 | $7,757,319 |
Under IRS private-foundation payout rules, Georgia Power Foundation Inc reported a distributable amount of $10.8M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
A historical description of the foundation connects its philanthropy to the idea of being “a citizen wherever we serve.” It describes a preference for programs and capital campaigns benefiting Georgia communities.
Grantees’ own descriptions show the range of organizations supported. The Kennesaw State University Foundation says it receives and allocates private gifts in support of Kennesaw State University; the Atlanta Botanical Garden says its mission includes education, research, conservation, and public enjoyment; and Big Brothers Big Sisters of an individual recipient says it creates and supports mentoring relationships for young people. The Low Income Investment Fund describes its work as mobilizing capital and partners for communities with opportunity, equity, and well-being.
Grantmaking
In 2024, the foundation reported 517 grants totaling $18,638,715. Grants ranged from $500 to $1,000,000, with a median grant of $10,000.
Among the largest listed awards were $1,000,000 to Children’s Healthcare of Atlanta Foundation for its North Druid Hills campus, $1,000,000 to the Georgia Foundation for Public Education for administration and fulfillment of the third cycle of the Workforce for Georgia grant program, and $1,000,000 to the Low Income Investment Fund for early-care and education neighborhood development. Other listed awards included $800,000 to Morehouse School of Medicine for a new academic research building and $500,000 to Woodruff Arts Center for workforce development, training, and equity.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jason T. Cuevas as CEO and president/director. Other listed officers and directors are Aaron Abramovitz, CFO; Dekia M. Scott, treasurer, non-voting; Brad J. Gates, assistant treasurer, non-voting; Rita M. Breen, secretary, non-voting; Veronica E. Punch, assistant secretary, non-voting; and directors Crystal R. Ashbourne, David E. Slovensky, and Martin E. Kilpatrick.
Georgia Power Foundation Inc is led by Jason T. Cuevas, CEO, President & Director on the 2024 filing; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jason T. Cuevas
CEO, President & Director
New on the 2024 filing
12 hrs/week
No compensation reported
David E. Slovensky
Director
On filings since 2023
2 hrs/week
No compensation reported
Crystal R. Ashbourne
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Martin E. Kilpatrick
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Brad J. Gates
Assistant Treasurer & Non-Voting
On filings since 2020
4 hrs/week
No compensation reported
Rita M. Breen
Secretary & Non-Voting
Secretary & Non-Voting Officer → Secretary & Non-Voting, 2024
On filings since 2020
22 hrs/week
No compensation reported
Dekia M. Scott
Treasurer & Non-Voting
On filings since 2021
2 hrs/week
No compensation reported
Aaron Abramovitz
CFO
Chief Financial Officer → CEO, President, CFO & Director, 2023
CEO, President, CFO & Director → CFO, 2024
On filings since 2022
2 hrs/week
No compensation reported
Veronica E. Punch
Assistant Secretary & Non-Voting
On filings since 2023
24 hrs/week
No compensation reported
Former officers (14)
- Former: Michael K. Anderson (2020–2023) — CEO, President & Director
- Former: Meredith Lackey (2021–2023) — Director
- Former: Sterling Spainhour (2021–2023) — Director
- Former: Valerie D. Searcy Jan (2022) — Assistant Secretary & Non-Voting
- Former: Veronica E. Punch August (2022) — Assistant Secretary & Non-Voting
- Former: Valerie D. Searcy (2020–2021) — Assistant Secretary & Non-Voting
- Former: Aaron Abramovitz November (2021) — Chief Financial Officer
- Former: Dan Tucker Jan (2021) — Chief Financial Officer
- Former: Chris Cummiskey Jan -August (2020) — Director
- Former: David Poroch (2020) — Chief Financial Officer
- Former: Meredith Lackey Elected Aug (2020) — Director
- Former: Pedro Cherry (2020) — Director
- Former: Roger S. Steffens Jan -April (2020) — Treasurer & Non-Voting Officer
- Former: Sterlin Spaihour Elected Aug (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Georgia Power Foundation Inc
How much does Georgia Power Foundation Inc give each year?
Georgia Power Foundation Inc gave $18.6M across 517 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $17.7M across 811 grants.
What is Georgia Power Foundation Inc's typical grant size?
Georgia Power Foundation Inc's median grant in 2024 was $10,000, and its average grant was $36,052, across 517 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Georgia Power Foundation Inc that year got $25K on average.
Where does Georgia Power Foundation Inc give grants?
Georgia Power Foundation Inc gives mostly in Georgia: 86% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (5%). The most frequent recipient cities were Atlanta, GA (143 grants), Macon, GA (21 grants), Valdosta, GA (19 grants) and Columbus, GA (17 grants).
Does Georgia Power Foundation Inc give general operating support?
Occasionally: 4% of Georgia Power Foundation Inc's 2024 grants with a stated purpose (23 of 517) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "2024 Hurricane Helene Disaster Relief" (38 grants).
Who are Georgia Power Foundation Inc's largest grantees?
Georgia Power Foundation Inc's largest 2024 grantees include The Morehouse School of Medicine Inc ($1,240,000 across 2 grants), Children's Healthcare of Atlanta Foundation ($1,000,000) and Georgia Foundation for Public Education ($1,000,000), according to its 2024 IRS Form 990-PF. It also paid 10 grants to individuals ($382,500), which are not listed by name. Together they received 17% of its itemized 2024 grant dollars.
How large is Georgia Power Foundation Inc?
Georgia Power Foundation Inc reported $217.0M in total assets on its 2024 IRS Form 990-PF. It paid out $19.4M in qualifying distributions that year, against a required minimum of $10.8M (roughly 5% of its investment assets).
What does Georgia Power Foundation Inc fund?
A historical description of the foundation connects its philanthropy to the idea of being “a citizen wherever we serve.” It describes a preference for programs and capital campaigns benefiting Georgia communities. See mission & focus areas ↑
How do I apply for a grant from Georgia Power Foundation Inc?
Georgia Power's website says grant requests are accepted by invitation only. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Georgia Power Foundation Inc's EIN?
Georgia Power Foundation Inc's EIN (Employer Identification Number) is 58-1709417. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Georgia Power Foundation Inc funder profile. GrantGraph. Retrieved October 24, 2026, from https://grantable.co/funders/georgia-power-foundation-inc-morg_4e99d29e1c41478cab7f70054be54953
BibTeX
@misc{grantable_581709417_2026,
author = {{Grantable}},
title = {{Georgia Power Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/georgia-power-foundation-inc-morg_4e99d29e1c41478cab7f70054be54953},
note = {Accessed 2026-10-24. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Georgia Power Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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