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As the communities we serve struggled to meet growing demand for social services
in 2008, we understandably saw an increase in requests for charitable gifts. Recognizing the increased importance of our support, we kept philanthropic funding levels constant despite a decreased corporate budget. AEP's charitable giving in 2008 totaled nearly $23.6 million, including $11.9 million in corporate philanthropy and $11.7 million in combined giving to 75 organizations by the American Electric Power Foundation.
Total Philanthropic Giving
| State |
2008 |
| Arkansas |
$333,922 |
| Indiana |
$1,375,892 |
| Kentucky |
$311,648 |
| Louisiana |
$487,884 |
| Michigan |
$608,933 |
| Ohio |
$14,280,517 |
| Oklahoma |
$1,020,588 |
| Tennessee |
$69,295 |
| Texas |
$1,796,040 |
| Virginia |
$727,442 |
| West Virginia |
$1,310,754 |
| Other* |
$1,276,984 |
| Total |
$23,599,899 |
*Giving to organizations outside AEP's service area or those that benefit multiple states.
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