# Alabama Power Foundation

Alabama Power Foundation is an Endowment / Foundation based in Birmingham, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Birmingham, United States
- **Region:** North America
- **Address:** Birmingham, AL, United States
- **Founded:** 1989
- **Assets under management:** Undisclosed
- **Website:** powerofgood.com
- **LinkedIn:** https://www.linkedin.com/company/alabama-power-foundation

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1989, the Alabama Power Foundation directs philanthropic capital from the utility sector, established through wealth created by Elmer Beseler Harris. The foundation awards grants to organizations and individuals across Alabama, concentrating its activity on educational initiatives, community development, the arts, and environmental stewardship.

## Sectors

- Education
- Philanthropic / Mission-Related Investing

## Questions

### Where does the Alabama Power Foundation's funding originate?

The foundation's capital traces back to wealth generated in the utilities sector by Elmer Beseler Harris. It operates as a grant-making entity rather than a traditional endowed institution funding programs through market-rate portfolio returns, though further structural detail is not publicly disclosed.

### What types of organizations does the Alabama Power Foundation support?

The foundation provides grants to local organizations and individuals within Alabama. Its publicly stated focus areas are education, community development, the arts, and environmental conservation. No specific portfolio of investee organizations or individual grant recipients is currently named in available public disclosures.

### Does the Alabama Power Foundation make mission-related investments or only grants?

The foundation is structured primarily as a grant-making entity but has some recorded involvement in mission-related investing and private equity activity. The exact allocation between direct charitable grants and program-related investments is not broken out in publicly available materials.

### Is the Alabama Power Foundation a corporate foundation of Alabama Power Company?

The foundation shares branding, a utility-sector wealth origin, and a Birmingham headquarters with Alabama Power Company, but its governance relationship to the operating utility is not detailed in core foundation disclosures. It functions as an independent foundation per available records.

### Does the Alabama Power Foundation accept unsolicited grant applications?

Current application policy and open-call procedures are not surfaced in the foundation’s public-facing materials. Prospective applicants should reference the foundation’s website for updated procedural guidance.

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Last updated: 2026-06-03T20:00:00.000Z

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