Accelerate America's clean energy future with conservative solutions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$90.8M
-9.3% YoY
Annual Giving
$12.8M
-10.7% YoY
Grant Count
11
+57.1% YoY
Avg Grant Size
$1.2M
-43.2% YoY
About 2040 Foundation Inc
Based on IRS filings
2040 Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $90.8M in total assets. In 2024, it awarded 11 grants totaling $12.8M. Net investment income was $805K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $90,780,888 | $100,049,962 | $107,868,029 |
| Revenue | $805,127 | $392,925 | $-421,090 |
| Expenses | $14,695,873 | $16,517,816 | $17,286,494 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $805,127 | $392,925 | $-453,480 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Goldman Sachs Philanthropy Fund ($9,234,729), Clearpath Inc ($1,133,387), American Flood Coalition Inc ($861,111).
| Recipient | Purpose | Amount |
|---|---|---|
| Clearpath Inc Washington, DC | SUPPORT FOR CLEAN ENERGY INNOVATION INITIATIVES | $1,133,387 |
| National Christian Charitable Foundation Inc Alpharetta, GA | SUPPORT FAITH BASED INITIATIVES | $120,000 |
| 1st Street Foundation Brooklyn, NY | TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY. | $200,000 |
| American Flood Coalition Inc Washington, DC | SUPPORT OF COMMUNITY INITIATIVES | $861,111 |
| Goldman Sachs Philanthropy Fund New York, NY | SUPPORT OF COMMUNITY INITIATIVES | $9,234,729 |
| Schwab Charitable Fund San Francisco, CA | SUPPORT OF COMMUNITY INITIATIVES | $650,000 |
| American Conservation Coalition Appleton, WI | Promote methane awareness and education | $245,000 |
| Carolina Immigration Law Charlotte, NC | Provides immigration legal services to persons who are otherwise financially incapable of obtaining such services. | $300,000 |
| Dilworth Center Charlotte, NC | Provides effective and affordable treatment services for individuals and families affected by alcoholism and drug addiction | $5,000 |
| Joseph Rainey Center for Public Policy Washington, DC | Public policy research and leadership development community by and for women, minorities, and mavericks | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jay W Faison | President | 5 | — |
| Bert Davis | Board Member | 2 | — |
| Bill Clements | Board Member | 2 | — |
| Dana Ring | Board Member | 2 | — |
| Jeremy Harrell | Board Member | 2 | — |
| Matthew Eby | Board Member | 2 | — |
| Rich Powell | Board Member | 2 | — |
| Mark T Bruinooge | Chief Financial Officer | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is 2040 Foundation Inc?
2040 Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. It holds $90.8M in total assets as of 2024.
How large is 2040 Foundation Inc?
As of 2024, 2040 Foundation Inc holds $90.8M in total assets with $805K in annual revenue. It awarded 11 grants totaling $12.8M in 2024.
Where does 2040 Foundation Inc operate?
2040 Foundation Inc has awarded grants in California, District of Columbia, Georgia, North Carolina, New York, Wisconsin.
What size grants does 2040 Foundation Inc award?
In 2024, 2040 Foundation Inc awarded 11 grants totaling $12.8M — an average of about $1.2M per grant, based on its IRS Form 990 filings.
What is 2040 Foundation Inc's EIN?
2040 Foundation Inc's EIN (Employer Identification Number) is 46-3891359. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in 2040 Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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