The American Electric Power Foundation complements a tradition of corporate philanthropy exhibited by American Electric Power and its regional utilities in support of AEP's community relations goal: "To support and play an active, positive role in the communities where we live and work."
The AEP Foundation was created in 2005 to continue to support that goal. The Foundation generally considers requests of not less than $15,000 or those for multi-year commitments from organizations in the communities served by AEP's regional utilities or where AEP has major facilities. The Foundation may also consider initiatives outside of AEP's 11-state service area. AEP and its regional utilities continue to emphasize corporate giving on local initiatives. Applications are accepted by invitation only.
The following focus areas will be eligible for consideration by the Foundation:
- Improving lives through education from early childhood through higher education, with an emphasis in the areas of STEM (science, technology, engineering and mathematics).
- Providing basic human services in the areas of hunger and housing to assure that people have the necessities to build successful lives.
- Enriching the overall vitality of the community and to improving the environment and people’s lives.