Georgia Power Foundation Inc
Georgia Power Foundation Inc. is a private 501(c)(3) foundation and the third-largest corporate giving foundation in Georgia. Established in 1986, the foundation is funded by shareholder donations from Georgia Power and is headquartered in Atlanta, Georgia. The foundation operates as a corporate philanthropy vehicle dedicated to empowering communities across Georgia through strategic charitable giving.
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.
Mission & Focus Areas
The Georgia Power Foundation's philanthropic mission centers on being a citizen wherever Georgia Power serves. The foundation focuses on four key funding areas:
- Education — Including workforce development and career technical education
- Environmental Stewardship — Supporting environmental conservation and sustainability initiatives
- Community Vitality — Strengthening community development and social services
- Economic Mobility — Advancing economic opportunity and workforce readiness
Grantmaking
The foundation accepts applications on a rolling deadline basis through its general grant program, which supports 501(c)(3) organizations and governmental agencies focused on improving well-being in communities served by Georgia Power.
Review Cycle
basis through its general grant program, which supports 501(c)(3) organizations and governmental agencies focused on improving well-being in communities served by Georgia Power.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Georgia, with some activity in Texas and the District of Columbia. The foundation's geographic priority is communities served by Georgia Power throughout the state.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $217,001,163
- Annual Revenue: $14,988,756
- Annual Expenses: $25,898,821
- Total Liabilities: $12,300,000
- Net Assets: $204,709,769
Historical Context: Since its creation in 1986, the Georgia Power Foundation has distributed more than $85 million to nonprofit organizations across Georgia. Foundation assets have grown from $114.3 million in 2011 to $217 million in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from Georgia Power Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Atlanta Botanical Garden Inc ($250,000), Atlanta History Center ($250,000), Augusta Technical College Foundation Inc ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 100 BLACK MEN OF MACON-MIDDLE GEORGIA MACON, GA | A.I.R. 100 / RIGHTS OF PASSAGE AND TROOP 100 / COLLEGE AND CAREER FEST | $10,000 |
| 100 BLACK MEN OF NORTH METRO ATLANTA INC ROSWELL, GA | MEN OF TOMORROW MENTORING PROGRAM | $5,000 |
| ABRAHAM BALDWIN AGRICULTURAL COLLEGE FOUNDATION INC TIFTON, GA | SUPPORT FOR ABAC FOUNDATION'S ANNUAL SCHOLARSHIP FUND | $5,000 |
| ACADEMY FOR ADVANCED STUDIES INC - HENRY COUNTY SCHOOLS MCDONOUGH, GA | INSTRUCTIONAL SUPPORT CAMPAIGN | $3,000 |
| ACES YOUTH HOME INC JASPER, GA | GENERAL SUPPORT | $1,275 |
| ADVENTURE BAGS INC WINDER, GA | ON BEHALF OF ANGIE BROWN KINLEY, 2024 COMMUNITY IMPACT AWARD WINNER | $2,500 |
| ADVOCATES FOR BARTOW'S CHILDREN INC CARTERSVILLE, GA | HOUSING AND WRAP-AROUND SERVICES FOR RUNAWAY, AT-RISK, AND HOMELESS YOUTH | $6,000 |
| AGAPE COMMUNITY CENTER INC ATLANTA, GA | AGAPE YOUTH AND FAMILY CENTER - ACADEMIC ENRICHMENT TO SUPPORT COLLEGE AND CAREER READINESS | $25,000 |
| ALBANY TECH FOUNDATION INC ALBANY, GA | CRIMINAL JUSTICE DEMONSTRATION - VECTR CENTER | $5,000 |
| ALMA G DAVIS FOUNDATION ATLANTA, GA | ALMA DOMESTIC VIOLENCE FOUNDATION | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Rita Breen — Executive Director of the Georgia Power Foundation
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JASON T CUEVAS | CEO & PRESIDENT/DIRECTOR | 12 | — |
| AARON ABRAMOVITZ | CFO | 2 | — |
| DEKIA M SCOTT | TREASURER, NON-VOTING | 2 | — |
| BRAD J GATES | ASST TREASURER, NON-VOTING | 4 | — |
| RITA M BREEN | SECRETARY, NON-VOTING | 22 | — |
| VERONICA E PUNCH | ASST SECRETARY, NON-VOTING | 24 | — |
| CRYSTAL R ASHBOURNE | DIRECTOR | 2 | — |
| DAVID E SLOVENSKY | DIRECTOR | 2 | — |
| MARTIN E KILPATRICK | DIRECTOR | 2 | — |
Recent News & Activity
Recent developments and announcements
In April 2025, the Georgia Power Foundation announced a significant milestone in its workforce development efforts. Through its "Workforce for Georgia" program, the foundation has awarded $2.25 million across 65 grants to support educational programs addressing workforce development needs. The program focuses on Career, Technical, and Agricultural Education (CTAE) and College and Career Academies (CCA) in school districts throughout Georgia, with cumulative reach exceeding 10,000 students since the program's inception in 2020.
Georgia Power Foundation Boosts Workforce DevelopmentThe foundation continues to support community partnerships across Georgia, including initiatives focused on youth development, environmental conservation, and economic opportunity in underserved communities.
Frequently Asked Questions
What does Georgia Power Foundation Inc fund?
The Georgia Power Foundation's philanthropic mission centers on being a citizen wherever Georgia Power serves. The foundation focuses on four key funding areas: • **Education** — Including workforce development and career technical education • **Environmental Stewardship** — Supporting environmental conservation and sustainability initiatives • **Community Vitality** — Strengthening community development and social services • **Economic Mobility** — Advancing economic opportunity and workforce …
How do I apply for a grant from Georgia Power Foundation Inc?
**Grant Amounts & Types:** • Standard grants: Up to $25,000 • Larger grants: Over $25,000 require board approval • Typical award range: $25 to $1,000,000 • Total giving (2024): $18,638,715 **Application Process:** The foundation accepts applications on a rolling deadline basis through its general grant program, which supports 501(c)(3) organizations and governmental agencies focused on improving well-being in communities served by Georgia Power. **Recent Activity:** The Georgia Power Foundation…
Where does Georgia Power Foundation Inc make grants?
The foundation primarily funds organizations in Georgia, with some activity in Texas and the District of Columbia. The foundation's geographic priority is communities served by Georgia Power throughout the state.
What size grants does Georgia Power Foundation Inc award?
In 2024, Georgia Power Foundation Inc awarded 517 grants totaling $18.6M — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is Georgia Power Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Georgia Power Foundation Inc reported a distributable amount of $10.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Georgia Power Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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