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24 Foundation Inc

CHARLOTTE, NC EIN: 20-3768277 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AshevilleCharlotteCorneliusEdinaFort MillIndianapolisTryon

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$883K$2M$3M$4M20202021202220232024
Metric202420232022
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

$0$99K$198K$296K$395K13 grants20207 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

19<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from 24 Foundation Inc

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Katherine Anderson M…Executive Dir.$121K

From 2024 filing

NameTitleHoursCompensation
Katherine Anderson MurphyExecutive Dir.40$120,500
John ColemanDirector3
Blake BrinkleyDirector3
Daniel CottinghamDirector3
Brad HockingTreasurer3
Chad FrkDirector3
Wendy FuDirector3
Johan JoosteFinance3
Garrett LucasDirector3
Spencer LuedersFounder3
Rick MelvilleDirector3
Brian McKeonSecretary3
Jeffrey StrainDirector3
Joe VogelbacherChair3
Bob WoodsPast Chair3
Patrick MeadorsDirector3
Matthew CameronBOM Chair3
Max KennedyDirector3
Meg TaylorDirector3

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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