Georgia Power Foundation Inc logo

Georgia Power Foundation Inc

Foundation · Grantmaker Atlanta, GA EIN: 58-1709417 Website

Georgia Power Foundation Inc. is based in Atlanta, Georgia, and supports charitable organizations and initiatives, with most of its reported 2024 grant dollars going to recipients in Georgia. Its 2024 grants supported work that included health care, education and workforce development, arts and culture, and community initiatives.

Key facts about Georgia Power Foundation Inc

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.

EIN
58-1709417
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$18,638,715
Grants made (2024)
517
Average grant
$36,052
Median grant
$10,000
New grantees (estimate)
37% first-time grantees (162 of 441, 2024)
Total assets
$217,001,163
Primary geography
Georgia (86% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The Georgia Power Grant is by invitation only and does not accept unsolicited requests. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$217.0M

-0.4% YoY

Annual Giving

$18.6M

+5.0% YoY

Grant Count

517

-36.3% YoY

Avg Grant Size

$36K

+64.8% YoY

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.

Is Georgia Power Foundation Inc open to new grantees?

37%

first-time grantees, 2024

In 2024, 162 of 441 grantees (37%) were first-time recipients. First grants averaged $25K; repeat grants $52K. 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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s stated philanthropic philosophy is to support communities over the long term, including during economic downturns. Its historical grantmaking areas include health, education, the environment, and the promotion of culture and diversity. Recent grants also show support for workforce development, academic facilities and scholarships, arts organizations, and community projects.

Recipients’ own descriptions illustrate the range of organizations supported. First Step Staffing says it works to end homelessness by helping people develop reliable income; Hope Atlanta describes its work to help Georgians avoid homelessness and hunger; and the Georgia Justice Project says it provides legal representation and works to reduce barriers to reentry. The Low Income Investment Fund describes its mission as mobilizing capital and partners so people and communities can benefit from opportunity, equity, and well-being.

Grantmaking

In 2024, the foundation reported 517 grants totaling $18,638,715. Awards ranged from $500 to $1,000,000, with a median grant of $10,000.

Open Grants

1 open opportunity from Georgia Power Foundation Inc

Your AI grants department

Ready to take the next step with Georgia Power Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

The foundation prioritizes Georgia-based initiatives. In 2024, 86% of grant dollars went to recipients in Georgia; other reported recipient-state shares were California (5%), Texas (4%), Maryland (1%), and the District of Columbia (1%).

Grant Distribution by State

30states

Share of all 517 itemized 2024 grant dollars.

Cities

AtlantaColumbusMaconSavannahAugustaAthensValdostaMariettaRomeStatesboroDecaturKennesawRoswellMilledgevilleGainesvilleLawrencevilleNewnanTiftonMcdonoughAlbany

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M653 grants2020588 grants2021656 grants2022811 grants2023517 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The Morehouse School of Medicine Inc: $1.2M across 2 grantsThe Morehouse School ofMedicine Inc$1.2M · 2 grantsChildren's Healthcare of Atlanta Foundation: $1.0MChildren's Healthcare ofAtlanta Foundation$1.0MGeorgia Foundation for Public Education: $1.0MGeorgia Foundation for PublicEducation$1.0MLow Income Investment Fund: $1.0MLow Income Investment Fund$1.0MWoodruff Arts Center: $1.0M across 2 grantsWoodruff Arts Center$1.0M · 2 grantsBonterra Tech LLC: $710K across 5 grantsBonterra Tech LLC$710K · 5 grantsKennesaw State University Foundation Inc: $343K across 4 grantsKennesaw State UniversityFoundation Inc$343K · 4 grantsAtlanta Botanical Garden Inc: $300K across 2 grantsAtlanta Botanical Garden Inc$300K · 2 grantsNational Center for Civil and Human Rights Inc: $275K across 2 grantsNational Center for Civil andHuman Rights Inc$275K · 2 grantsUnion Mission - Savannah: $275K across 2 grantsUnion Mission - Savannah$275K · 2 grants

Grant Size Distribution

3,225 grants across all recorded years

2855<$50K165$50–100K126$100–250K48$250–500K18$500K–1M13$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION Atlanta, GATO SUPPORT CHILDREN'S HEALTHCARE OF ATLANTA NORTH DRUID HILLS CAMPUS$1,000,000
GEORGIA FOUNDATION FOR PUBLIC EDUCATION Atlanta, GAADMINISTRATION AND FULFILMENT OF WORKFORCE FOR GEORGIA GRANT PROGRAM (RFP FOR THIRD CYCLE)$1,000,000
LOW INCOME INVESTMENT FUND San Francisco, CAPURPOSE BUILT COMMUNITIES EARLY CARE AND EDUCATION NEIGHBORHOOD-CENTERED ECOSYSTEM DEVELOPMENT$1,000,000
THE MOREHOUSE SCHOOL OF MEDICINE INC Atlanta, GAMOREHOUSE SCHOOL OF MEDICINE NEW ACADEMIC RESEARCH BUILDING$800,000
WOODRUFF ARTS CENTER Atlanta, GAADVANCING PATHWAYS: WORKFORCE DEVELOPMENT, TRAINING, AND EQUITY$500,000
WOODRUFF ARTS CENTER Atlanta, GAEXPERIENCE ATLANTA, EXPERIENCE WOODRUFF CAPITAL CAMPAIGN$500,000
THE MOREHOUSE SCHOOL OF MEDICINE INC Atlanta, GAGEORGIA POWER FOUNDATION SCHOLARS PROGRAM$440,000
BONTERRA TECH LLC Austin, TXCLUB OF HEARTS MATCHING GIFT PAYMENT - 2025 PROGRAM YEAR$400,000
KENNESAW STATE UNIVERSITY FOUNDATION INC Kennesaw, GASUPPORT FOR THE COLLEGE OF SCIENCE AND MATHEMATICS AND THE TEACHERS FOR GEORGIA SCHOLARSHIP ENDOWMENT AT KENNESAW STATE UNIVERSITY$325,000
ATLANTA BOTANICAL GARDEN INC Atlanta, GAATLANTA'S GARDEN GATEWAY CAPITAL CAMPAIGN$250,000

Financial History

Multi-year comparison from IRS filings

The filing type is 990T.

Filing year Assets Revenue Expenses Grants Grant count
2024 $217,001,163 $14,988,756 $25,898,821 $18,638,715 517
2023 $217,918,727 $10,669,851 $16,890,190 $17,744,477 811
2022 $213,408,051 $34,784,370 $19,896,724 $16,973,256 656
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M$40M20202021202220232024
Metric202420232022
Total Assets$217,001,163$217,918,727$213,408,051
Revenue$14,988,756$10,669,851$34,784,370
Expenses$25,898,821$16,890,190$19,896,724
Qualifying Distributions$19,394,361$17,777,539$17,005,215
Net Investment Income$12,981,959$9,105,051$6,473,802
Distributable Amount$10,826,073$10,426,365$9,688,447

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Jason T. Cuevas as CEO and president/director. Aaron Abramovitz is listed as CFO. Directors listed are Crystal R. Ashbourne, David E. Slovensky, and Martin E. Kilpatrick. The filing also lists Dekia M. Scott as treasurer, Brad J. Gates as assistant treasurer, Rita M. Breen as secretary, and Veronica E. Punch as assistant secretary; these roles are marked non-voting.

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.

Contact

Mailing address: 241 Ralph Mcgill Blvd Ne Bin 10042, Atlanta, GA 30308
Phone: (404) 506-6784
Website: https://georgiaencyclopedia.org

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 (18 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. 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?

The foundation’s stated philanthropic philosophy is to support communities over the long term, including during economic downturns. Its historical grantmaking areas include health, education, the environment, and the promotion of culture and diversity. Recent grants also show support for workforce development, academic facilities and scholarships, arts organizations, and community projects. Recipients’ own descriptions illustrate the range of organizations supported. First Step Staffing says it…

How do I apply for a grant from Georgia Power Foundation Inc?

The Georgia Power Grant is by invitation only and does not accept unsolicited requests. 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.

Does Georgia Power Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Your AI grants department

Here's the math on researching Georgia Power Foundation Inc by hand.

Explore Open Grants

Browse active grant opportunities in Georgia Power Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

The Community Foundation for Greater

Atlanta, GA

The Community Foundation for Greater Atlanta funds equity and shared-prosperity work across areas including education, housing, income and wealth, arts and culture, health, and neighborhood development, primarily in the Atlanta region. Its 2024 grants had a median of $21,000, though amounts varied widely; specific arts programs offer $5,000–$7,500. The profile describes application opportunities through its Grants Portal but does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.5B

Grants

1,414

Total Given

$152.3M

United Way of Greater Atlanta Inc

Atlanta, GA

United Way of Greater Atlanta funds nonprofits addressing children’s learning and readiness, economic stability, and brighter futures, including housing, education, and early learning; grants may support direct services, systems change, capacity-building, or general operations. Its typical grant was $50,000 in 2025, and its general guidelines focus on organizations serving its 13-county Greater Atlanta region. Organizations can apply through its grants portal when opportunities open; the profile does not say whether unsolicited requests are accepted.

Assets

$118.6M

Grants

203

Total Given

$36.4M

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports education, environmental stewardship, disaster relief, hunger relief, health, arts, and community needs, with emphasis on organizations connected to Enterprise employees, their families, or established customers. It gives across communities where Enterprise operates; its 2024 median grant was $3,000, though grants ranged widely. Applications are accepted at any time, but the profile does not say whether unsolicited requests are accepted.

Assets

$594.3M

Grants

1

Total Given

$101.4M

Assurant Foundation

Atlanta, GA

The Assurant Foundation funds housing security and disaster resilience, access to resources and opportunities, and future leadership, including affordable housing, food security, education, and environmental sustainability. It supports organizations across the United States and globally where Assurant operates; in 2024, grants ranged from $1 to $416,914, with a median of $104. It gives only to preselected charitable organizations and does not accept unsolicited funding requests.

Assets

$11.6M

Grants

1,710

Total Given

$4.0M

Boys & Girls Clubs of America

Atlanta, GA

Boys & Girls Clubs of America funds local Clubs and youth-development work, including general support, staff training, mentoring, and programs focused on academics, health, leadership, and readiness for life and work. Its 2024 grants ranged from $5,047 to $2.7 million, with a median of about $81,000, supporting Clubs across the United States, Native lands, and military communities. The profile does not state whether it accepts unsolicited requests.

Youth Development

Assets

$95.2M

Grants

797

Total Given

$120.5M

Habitat for Humanity International Inc

Americus, GA

Habitat for Humanity International funds affordable housing through grants to Habitat for Humanity organizations, including local affiliates, across the United States and internationally. Its 2025 grants ranged from $5,027 to $6,365,641, with a median of $48,658. The profile does not state whether it accepts unsolicited requests.

International, Foreign Affairs & National Security

Assets

$760.0M

Grants

719

Total Given

$101.6M

The Arthur M Blank Family Foundation

Atlanta, GA

The Arthur M. Blank Family Foundation funds work in Atlanta’s Westside, democracy, the environment, mental health and well-being, youth development, and founder initiatives, with a focus on Georgia and Montana and some national impact. In 2024, grants ranged from $500 to $20 million, with a median of $50,000. It makes grants by invitation and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

586

Total Given

$212.1M

American Cancer Society Inc

Atlanta, GA

The American Cancer Society funds cancer research, patient support, advocacy, and related programs, with research support available to institutions across the United States. Its 2025 grants ranged from $5,648 to $9.6 million, with a median of $15,000. It accepts applications for research grants through specific programs and ProposalCentral; the profile does not state whether it accepts unsolicited requests for other funding.

Assets

$1.7B

Grants

509

Total Given

$23.1M

Jewish Federation of Greater Atlanta Inc

Atlanta, GA

The Federation funds Jewish education and engagement, community-building, care for people in need, safety, and work connected to Israel and Jewish communities worldwide, with a focus on Greater Atlanta. Its 2025 grants ranged from $2,000 to $4.68 million, with a median of $18,489; some programs accept applications, while core, domestic, and global partner allocations are by invitation only.

Philanthropy, Voluntarism & Grantmaking

Assets

$431.3M

Grants

435

Total Given

$50.7M

BVM Capacity Building Institute Inc

Atlanta, GA

BVM Capacity Building Institute funds grassroots and community-based organizations advancing social justice, especially through civic engagement, voter access, and organizational capacity building, across more than 20 states. Its 2024 grants ranged from $5,153 to $412,500, with a median of $14,000; the profile does not state whether it accepts unsolicited requests.

Assets

$13.6M

Grants

426

Total Given

$8.6M

Verizon Foundation

Basking Ridge, NJ

The Verizon Foundation funds digital inclusion, climate protection, human prosperity, K–12 literacy and STEM, and domestic violence education and prevention, with an emphasis on underserved and diverse communities. It gives nationally, with priority in California, Massachusetts, Minnesota, New Jersey, New York, and Virginia, and also supports work in India and Israel; 2024 grants ranged from $25 to $1 million, with a $500 median. It does not accept unsolicited requests; applications are by invitation only.

Assets

$23.8M

Grants

5,464

Total Given

$7.0M

The Pfizer Foundation Inc

New York, NY

The Pfizer Foundation funds locally led health programs that improve access to care and strengthen health systems, as well as health-crisis and disaster responses, worldwide. In 2024, grants ranged from $2 to $4 million, with a median of $200. It supports only preselected organizations and does not accept unsolicited requests.

Assets

$255.3M

Grants

9,306

Total Given

$23.2M

More Funders in Georgia

Georgia Power Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?