OUR INVESTING STR ATEGIES:

Incentivize nonprofits to think like businessesHelp our partners think about creating sustainable revenue to not only repay

our contribution, but support their projects into the future

Make businesses think about charitable impactHelp lower the cost of for-profit ventures to empower businesses to forego

revenue or take on additional risk in exchange for social impact

Incubate new tools to transform AlabamaWork with our network of thought leaders to build new partners and inform

policy to grow social impact investment in Alabama

OUR UNIQUE APPROACH:

We leverage our company’s connection to the communities we serve and economic development focus to identify projects that positively impact our state.

Our company’s local offices keep us directly connected to policy makers, business owners

and community leaders to ensure we are working with strong partners.

Our place-based focus on workforce and economic development keeps our finger on the pulse

of community-building opportunities, keeping the door open for a variety of projects.

Our long history of giving in Alabama helps us identify high-potential nonprofits and innovative opportunities, like Opportunity Alabama, a 501(c)(3) we incubated dedicated to driving

thoughtful capital investment into distressed communities through opportunity zone incentives.

IMPACT INVESTING

Formed with donations from Alabama Power

shareholders, the Alabama Power Foundation

is the largest corporate foundation in the state,

committed to connecting local nonprofi ts to

the resources they need to spread good to the

people of Alabama.

FIVE POINTS CULTURAL COMMISSION

The What: Community-driven commercial redevelopment in a low-income neighborhood.

The How: A $250K low-interest loan.

The Good: Empowering a community-grown nonprofit to redevelop several commercial spaces in its neighborhood. This project

creates space and opportunity where new or minority-owned businesses can grow.

BUILD UP ENSLEY

The What: Short-term capital to help a workforce development-focused nonprofit accept donations of houses. By using a

donated home as a project’s starting point, Build UP will be able to reduce its costs per renovation by up to 60% and

its construction timeline by around 50%.

The How: $100K in committed funds structured as a revolving line of credit.

The Good: Using our funds, the homes are moved to a high-need neighborhood and incorporated into an educational program

that prepares students for careers in skilled trades while addressing urban blight. Students get a career-focused

education. Local families get access to affordable, stable housing. Neighborhoods and communities experience long-

term revitalization.

PACK EDUCATION

The What: A funder collaborative to derisk a pilot program applying a digital coaching model in the academic advising space.

The How: A $300K program-related investment.

The Good: Leveraging private-sector strengths to address public-sector problems. Empowering an Alabama-grown startup

company to pursue an impact-driven mission expansion. Supporting our state’s most at-risk student populations.

Improving education and career readiness with assistance in tutoring, course load, financial literacy, mental health,

time management and physical health and nutrition.

2019 IMPACT INVESTING PORTFOLIO

We are at the forefront of impact investing in Alabama. In 2019, we have closed

five projects totaling $1 million and have more than $1 million in additional

pipeline projects. Our 2019 portfolio impacted a variety of issues, from public

health to community development. Here are a few case studies:

Continuing work in the impact investing space – we have more than $1 million in potential projects across the state.

Continuing to learn and innovate – exploring how philanthropic investment can support opportunity zone

investments and finding ways our investment can support benefit corporations and other social impact startups.

Cultivating an investor collaborative – connecting local foundations interested in impact investing to opportunities

in our pipeline that fit their investment priorities.

Our success is dependent on our partners’ success. We want to grow, connect and do everything we can to help our

partners succeed. In doing so we can spread good and empower all in our communities.

2020 FOCUS