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Filing year 2023

ALABAMA POWER FOUNDATION INC

Birmingham, Alabama·EIN 57-0901832·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$10M
Total assets
$121.5M
Total expenses
$22.8M
Reported officers
18

Executive compensation

Form 990-PF · Part VIII · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President and Director
Board President
75th to 90th percentile
$146k
$160k
Director
Unclassified
$47k
$52k
Assistant Secretary
Board Secretary
Median to 75th percentile
$12k
$13k
Treasurer & Director
Unclassified
$10k
$11k
Director
Unclassified
$7k
$8k
Assistant Treasurer
Board Treasurer
25th percentile to median
$6k
$6k
Director
Unclassified
$853
$932
Vice President and Secretary
Board Vice President
Below 10th percentile
$454
$496

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ALABAMA POWER FOUNDATION INC equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$16.6M

Itemized grants

1,194

Median grant

$3k

RecipientLocationPurposeAmount
BIRMINGHAM PROMISE INCBIRMINGHAM, ALGENERAL/OPERATING$1M
SABAN CENTER FOUNDATIONBIRMINGHAM, ALGENERAL/OPERATING$500k
UNITED WAY OF CENTRAL ALABAMA INCBIRMINGHAM, ALGENERAL/OPERATING$500k
UNIVERSITY OF ALABAMA AT BIRMINGHAMBIRMINGHAM, ALGENERAL/OPERATING$500k
CRIMSON TIDE FOUNDATIONTUSCALOOSA, ALGENERAL/OPERATING$400k
UNIVERSITY OF ALABAMA AT BIRMINGHAMBIRMINGHAM, ALGENERAL/OPERATING$400k
AUBURN UNIVERSITY FOUNDATIONNEWBERN, ALGENERAL/OPERATING$388k
AUBURN UNIVERSITY FOUNDATIONNEWBERN, ALGENERAL/OPERATING$250k
FRIENDS OF RICKWOODBIRMINGHAM, ALGENERAL/OPERATING$250k
HISTORIC RESTORATION SOCIETY INCMOBILE, ALGENERAL/OPERATING$250k
SAMFORD UNIVERSITYBIRMINGHAM, ALGENERAL/OPERATING$250k
THE UNIVERSITY OF ALABAMATUSCALOOSA, ALGENERAL/OPERATING$250k
ALABAMA A&M UNIVERSITY FOUNDATIONNORMAL, ALGENERAL/OPERATING$200k
ALABAMA STATE UNIVERSITY FOUNDATION INCMONTGOMERY, ALGENERAL/OPERATING$200k
TUSKEGEE UNIVERSITYTUSKEGEE INSTITUTE, ALGENERAL/OPERATING$200k
MILES COLLEGEFAIRFIELD, ALGENERAL/OPERATING$155k
ALABAMA SCHOOL OF CYBER AND ENGINEERINGHUNTSVILLE, ALGENERAL/OPERATING$150k
ALABAMA TRAILS FOUNDATIONBIRMINGHAM, ALGENERAL/OPERATING$150k
ALABAMA TRAILS FOUNDATIONBIRMINGHAM, ALGENERAL/OPERATING$150k
NATURE CONSERVANCY INCBIRMINGHAM, ALGENERAL/OPERATING$150k
NATURE CONSERVANCY INCBIRMINGHAM, ALGENERAL/OPERATING$150k
ALABAMA POWER SERVICE ORGANIZATIONBIRMINGHAM, ALGENERAL/OPERATING$140k
FRIENDS OF RICKWOODBIRMINGHAM, ALGENERAL/OPERATING$125k
MOBILE AREA EDUCATION FOUNDATIONMOBILE, ALGENERAL/OPERATING$125k
SCHOLARSHIP AMERICA INCDETROIT, MIGENERAL/OPERATING$123k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ALABAMA POWER FOUNDATION INC

What does the Board President of ALABAMA POWER FOUNDATION INC earn?

In 2023, the Board President of ALABAMA POWER FOUNDATION INC received $146,106 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at ALABAMA POWER FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Board President at ALABAMA POWER FOUNDATION INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ALABAMA POWER FOUNDATION INC equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are ALABAMA POWER FOUNDATION INC's revenue and expenses?

In 2023, ALABAMA POWER FOUNDATION INC reported $10M in total revenue and $22.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.