24 FOUNDATION AIMS TO INSPIRE AND ENGAGE COMMUNITIES TO MAKE AN IMMEDIATE IMPACT ON THE LIVES OF PEOPLE AFFECTED BY CANCER. THROUGH A 24-HOUR-LONG CYCLING AND WALKING EVENT, OUR ORGANIZATION HAS GATHERED 27,000+ PARTICIPANTS FROM 50 STATES, IN ADDITION TO THEIR DONOR SUPPORT, AND RAISED OVER $30M FOR THIS MISSION SINCE OUR INCEPTION. SEE SCHEDULE I TO REVIEW GRANTS PAID IN 2024 TO FULFILL THIS MISSION. THE BELOW REPORT DETAILS GRANTS PAID IN DECEMBER 2023 AND UTILIZED BY GRANTEES IN THE 2024 FISCAL YEAR.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+59.1% YoY
Revenue
$2.5M
+40.3% YoY
Net Investment Income
$43K
+131.0% YoY
Expenses
$3.2M
+151.1% YoY
About 24 Foundation Inc
Based on IRS filings
24 Foundation Inc is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. Net investment income was $43K.
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 | $1,912,944 | $1,202,070 | $1,038,019 |
| Revenue | $2,523,606 | $1,798,504 | $1,443,342 |
| Expenses | $3,212,013 | $1,279,057 | $1,130,784 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $42,981 | $18,609 | $932 |
| 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 0 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Open Grants
1 open opportunity from 24 Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Katherine Anderson Murphy | Executive Dir. | 40 | $120,500 |
| John Coleman | Director | 3 | — |
| Blake Brinkley | Director | 3 | — |
| Daniel Cottingham | Director | 3 | — |
| Brad Hocking | Treasurer | 3 | — |
| Chad Frk | Director | 3 | — |
| Wendy Fu | Director | 3 | — |
| Johan Jooste | Finance | 3 | — |
| Garrett Lucas | Director | 3 | — |
| Spencer Lueders | Founder | 3 | — |
| Rick Melville | Director | 3 | — |
| Brian McKeon | Secretary | 3 | — |
| Jeffrey Strain | Director | 3 | — |
| Joe Vogelbacher | Chair | 3 | — |
| Bob Woods | Past Chair | 3 | — |
| Patrick Meadors | Director | 3 | — |
| Matthew Cameron | BOM Chair | 3 | — |
| Max Kennedy | Director | 3 | — |
| Meg Taylor | Director | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is 24 Foundation Inc?
24 Foundation Inc is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in CHARLOTTE, NC. It holds $1.9M in total assets as of 2024.
How large is 24 Foundation Inc?
As of 2024, 24 Foundation Inc holds $1.9M in total assets with $2.5M in annual revenue.
Where does 24 Foundation Inc operate?
24 Foundation Inc has awarded grants in Indiana, Minnesota, North Carolina, South Carolina.
What is 24 Foundation Inc's EIN?
24 Foundation Inc's EIN (Employer Identification Number) is 20-3768277. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in 24 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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