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American Electric Power System Educational Trust Fund

Historical Funder

Columbus, Ohio · EIN 23-7418083 · Private foundation · Website

Grants paid (2024)$263K
Organizations funded1
Typical grant$263,000
Total assets$7.3M

Half of its grants to organizations were between $263,000 and $263,000.

From the return

How to apply

The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):

ContactSCHOLARSHIP AMERICA
Address7900 INTERNATIONAL DRIVE SUITE 500, MINNEAPOLIS MN 55425
Phone8005374180
Form and materialsAPPLICATIONS FOR SCHOLARSHIPS BY ELIGIBLE APPLICANTS ARE SUBMITTED THROUGH THE APPLICATION PORTAL ON THE WEBSITE OF SCHOLARSHIP AMERICA (HTTPS://SCHOLARSHIPAMERICA.ORG/). APPLICANTS MUST FILL OUT THE ONLINE APPLICATION AND INCLUDE FINANCIAL INFORMATION, A CURRENT, COMPLETE TRANSCRIPT OF THE STUDENT'S GRADES, AND ONE ONLINE RECOMMENDATION FORM SUBMITTED ON THE STUDENT'S BEHALF.
DeadlinesTHE SUBMISSION DEADLINE IS HISTORICALLY IN MARCH, BUT CIRCUMSTANCES MAY CAUSE THE DEADLINE TO BE EXT
RestrictionsTHE AMERICAN ELECTRIC POWER SYSTEM EDUCATIONAL TRUST FUND AWARDS SCHOLARSHIPS TO ELIGIBLE CHILDREN OF EMPLOYEES OF AMERICAN ELECTRIC POWER AND ITS SUBSIDIARIES. APPLICANTS MUST BE SENIORS IN HIGH SCHOOL WHO ARE PLANNING TO PURSUE A BACCALAUREATE DEGREE FROM AN ACCREDITED UNIVERSITY. STUDENTS WHO RECEIVE FULL SCHOLARSHIP AWARDS FROM OTHER SOURCES OR WHO RECEIVE APPOINTMENTS TO ONE OF THE SERVICE ACADEMIES ARE NOT ELIGIBLE TO PARTICIPATE IN THIS PROGRAM. A CHILD OF A MEMBER OF THE BOARD OF DIRECTORS OF ANY OF THE AMERICAN ELECTRIC POWER SYSTEM COMPANIES (AT THE TIME OF THE AWARD) IS NOT ELIGIBLE TO RECEIVE AN AWARD. THE GRANTS ARE MADE ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS PURSUANT TO A PROCEDURE APPROVED BY THE IRS IN A LETTER DATED MARCH 12, 1973.

Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.

What it funds

Share of grant lines on the latest return, classified from the purpose each grant states.

  • Education1

Where it gives

0% of grants went outside Ohio.

Grants paid in tax year 2024

RecipientLocationPurposeAmount
See AttachmentColumbus, OHThe scholarships are used to pay for the recipients' educational expenses related to a baccalaurete degree$263,000

Grants approved for future payment

RecipientLocationPurposeAmount
See AttachmentColumbus, OHThe scholarships are used to pay for the recipients' educational expenses related to a baccalaurete degree$345,500

Giving by year

Tax yearGrants paidGrant lines
2024$263,0002
2023$253,2502
2022$261,5002

Sources

Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.