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Nonprofit · EIN 58-1709417

GEORGIA POWER FOUNDATION INC

Tax-exempt · ATLANTA, GA 30308

Financials

$10.7M$16.9M2023$15M$25.9M2024
Revenue Expenses · by fiscal year end
Financials of GEORGIA POWER FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$14,988,756$25,898,821-$10,910,065$217,001,163$12,291,394$204,709,769
December 31, 2023990-PF$10,669,851$16,890,190-$6,220,339$217,918,727$7,919,054$209,999,673
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$4,693,358
Interest
$54,287
Net gain from sales of assets
$10,147,229
Other income
$93,882

Expenses

Grants and similar amounts paid
$22,587,165
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$921,376
Disbursements for charitable purposes
$19,394,361
Excise tax on investment income
$180,449

Balance sheet and other

Total assets, start of year
$217,918,727
Total assets, end of year
$217,001,163
Total liabilities, end of year
$12,291,394
Net assets, end of year
$204,709,769
Fair market value of assets
$217,001,163
Qualifying distributions
$19,394,361
Net investment income
$14,988,756

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JASON T CUEVAS
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
CEO & PRESIDENT/DIRECTOR12$0
AARON ABRAMOVITZ
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
CFO2$0
DEKIA M SCOTT
30 IVAN ALLEN JR BLVD NE, ATLANTA, GA 30303
TREASURER, NON-VOTING2$0
BRAD J GATES
30 IVAN ALLEN JR BLVD NE, ATLANTA, GA 30303
ASST TREASURER, NON-VOTING4$0
RITA M BREEN
241 RALPH MCGILL BLVD BIN 10042, ATLANTA, GA 30308
SECRETARY, NON-VOTING22$0
VERONICA E PUNCH
241 RALPH MCGILL BLVD BIN 10042, ATLANTA, GA 30308
ASST SECRETARY, NON-VOTING24$0
CRYSTAL R ASHBOURNE
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
DIRECTOR2$0
DAVID E SLOVENSKY
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
DIRECTOR2$0
MARTIN E KILPATRICK
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
DIRECTOR2$0
990-PF for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
MICHAEL K ANDERSON
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
CEO & PRESIDENT/DIRECTOR12$0
AARON ABRAMOVITZ
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
CEO & PRESIDENT/CFO/DIRECTOR2$0
DEKIA SCOTT
30 IVAN ALLEN JR BLVD NE, ATLANTA, GA 30303
TREASURER, NON-VOTING2$0
BRAD GATES
30 IVAN ALLEN JR BLVD NE, ATLANTA, GA 30303
ASST TREASURER, NON-VOTING4$0
RITA M BREEN
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
SECRETARY, NON-VOTING OFFICER22$0
VERONICA E PUNCH
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
ASST SECRETARY,NON-VOTING24$0
MEREDITH LACKEY
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
DIRECTOR2$0
STERLING SPAINHOUR
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
DIRECTOR2$0
DAVID E SLOVENSKY
241 RALPH MCGILL BLVD, ATLANTA, GA 30308
DIRECTOR2$0

Address and contacts

Address (IRS master file)
241 RALPH MCGILL BLVD NE BIN 10042, ATLANTA, GA 30308-3374
Signed the 990-PF
RITA BREEN, SECRETARY
Phone
(404) 506-6784
Return prepared by
MAULDIN & JENKINS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
58-1709417
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1986
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$217,001,163
Income (IRS master file)
$80,730,628

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$14,988,756$25,898,821$217,001,163XML
990-TDecember 2024–––IRS
990-PFDecember 2023$10,669,851$16,890,190$217,918,727XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1709417).

Questions about GEORGIA POWER FOUNDATION INC

What is the EIN of GEORGIA POWER FOUNDATION INC?
The employer identification number (EIN) of GEORGIA POWER FOUNDATION INC is 58-1709417.
Is GEORGIA POWER FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to GEORGIA POWER FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GEORGIA POWER FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of GEORGIA POWER FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GEORGIA POWER FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of GEORGIA POWER FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does GEORGIA POWER FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $14,988,756, expenses of $25,898,821 and total assets of $217,001,163 at year end.

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