American Electric Power Foundation Donates $150,000 to Appalachians Affected by Valentine’s Day Floods
ASHLAND, KY (March 4, 2025) – American Electric Power (Nasdaq: AEP) is providing relief to Appalachian communities impacted by historic flooding in mid-February. To help those affected recover and rebuild, the AEP Foundation, the Kentucky Power Foundation and the Appalachian Power Foundation have contributed $150,000 toward relief efforts in eastern Kentucky, southwest Virginia and southern West Virginia.
“This support is intended to aid in the recovery process for the communities that have faced catastrophic damage,” said Janelle N. Coleman, president of the AEP Foundation. “During these difficult times, it’s crucial that we unite and extend our support to those in need.”
The AEP Foundation, funded by AEP and its utility operating units, provides a permanent, ongoing resource for charitable initiatives, including efforts to help communities recover from natural disasters.
The AEP Foundation donated $50,000 to the American National Red Cross to support its efforts in the Appalachian region, and two of AEP’s subsidiaries – Kentucky Power and Appalachian Power – are each donating funds to organizations working with communities in the companies’ service areas to recover and rebuild.
The Kentucky Power Foundation donated $25,000 to the Appalachian Service Project in Eastern Kentucky and $25,000 to the Foundation for Appalachian Kentucky.
The Appalachian Power Foundation donated $25,000 to the United Methodist Foundation of West Virginia and $25,000 to the United Way of Southwest Virginia.
About the Kentucky Power Foundation
The Kentucky Power Foundation, part of the American Electric Power Foundation, awards grants within communities served by Kentucky Power. The American Electric Power Foundation is funded by American Electric Power (Nasdaq: AEP) and its operating subsidiaries, including Kentucky Power. The Foundation provides a permanent, ongoing resource for charitable initiatives in communities served by AEP and initiatives outside AEP’s 11-state service area. As an independent, non-profit philanthropic organization, the Foundation is funded solely through shareholder dollars.
About the AEP Foundation
The American Electric Power Foundation is funded by American Electric Power (Nasdaq: AEP) and its operating subsidiaries. The Foundation provides a permanent, ongoing resource for charitable initiatives involving higher dollar values and multi-year commitments in the communities served by AEP and initiatives outside AEP’s 11-state service area. As an independent, non-profit philanthropic organization, the Foundation is funded solely by AEP through shareholder dollars. The Foundation focuses on improving lives through education from early childhood through higher education in the areas of science, technology, engineering and math and by meeting basic needs for emergency shelter, affordable housing and the elimination of hunger. Other Foundation support may be offered to protect the environment, promote healthcare and safety, and enrich life through art, music and civic vitality.
