The 1040 Foundation
The 1040 Foundation is a private foundation based in Alexandria, Virginia. Its 2025 filing reports grants to charitable organizations, including four large grants designated as termination distributions.
The 1040 Foundation at a glance
In short: The 1040 Foundation gave $3.9M across 31 grants in 2025 (avg $125K), top state California. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,860,247
- +2465.4% vs 2024
- Grants made (2025)
- 31
- +14.8% vs 2024
- Average grant
- $124,524
- +2134.4% vs 2024
- Median grant
- $5,000
- New grantees (estimate)
- 13% first-time grantees (4 of 31, 2025)
- Primary geography
- California (24% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The 1040 Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 116 West Maple Street, Alexandria, VA 22301-2606
Phone: (703) 615-2295
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The 1040 Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Figure Foundation ($922K). Together the top 10 received $3.8M.
Grant Size Distribution
132 grants across all recorded years
The most common grant size was under $50K: 128 grants of 132 (97%).
Geographic Focus
Where this funder awards grants
In 2025, grant dollars were distributed among recipients in California, Wisconsin, Virginia, and Vermont, each accounting for 24%, and Colorado, accounting for 4%.
Grant Distribution by State
Share of 2025 grant dollars across all 31 itemized grants.
Cities
Is The 1040 Foundation open to new grantees?
13%
first-time grantees, 2025
In 2025, 4 of 31 grantees (13%) were first-time recipients. First grants averaged $922K; repeat grants $6K. How we count
Medians: $922K first-time, $5K repeat.
- 87% of 2025 grantees were also funded in 2024. Method
- Giving grew 2204% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $136K (2020) to $3.9M (2025). In 2025 it made 31 grants totaling $3.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Figure Foundation Gays Mills, WI | Termination Distribution - Charitable Grantmaking | $922,318 |
| The Brookside Fund Encino, CA | Termination Distribution - Charitable Grantmaking | $922,318 |
| The Maple Tree Fund Alexandria, VA | Termination Distribution - Charitable Grantmaking | $922,318 |
| The Prospect Fund Burlington, VT | Termination Distribution - Charitable Grantmaking | $922,318 |
| Clinica Campesina Family Health Services Lafayette, CO | Operating Support | $30,500 |
| Boulder Community Hospital Boulder, CO | Operating Support | $15,000 |
| University of Colorado Hospital Foundation Aurora, CO | Operating Support | $15,000 |
| Community Food Share Louisville, CO | Operating Support | $10,000 |
| Emergency Family Assistance Association Boulder, CO | Operating Support | $10,000 |
| Mental Health Partners Lafayette, CO | Operating Support | $10,000 |
Ready to take the next step with The 1040 Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | — | $510,614 | $3,889,667 | $3,860,247 | 31 | $3,860,247 | $488,111 | $105,287 |
| 2024 | $1,912,167 | $196,882 | $168,625 | $150,475 | 27 | $153,568 | $184,937 | $173,924 |
| 2023 | $1,882,112 | $194,262 | $168,933 | $154,221 | 25 | $157,243 | $183,609 | $153,497 |
| 2022 | $1,856,453 | $122,222 | $183,596 | $167,518 | 25 | $170,461 | $111,087 | $157,164 |
| 2021 | $1,917,540 | $155,351 | $153,792 | $137,600 | 24 | $140,487 | $144,354 | $170,405 |
| 2020 | $1,915,667 | $302,888 | $150,465 | $135,929 | 24 | — | $193,581 | $140,429 |
Under IRS private-foundation payout rules, The 1040 Foundation reported a distributable amount of $105K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The grantees’ stated missions illustrate the range of organizations supported: Clinica Campesina Family Health Services describes its work as providing medical, dental, and behavioral health care to low-income and underserved people; Community Food Share says it works to eliminate hunger in Boulder and Broomfield Counties; and Emergency Family Assistance Association says it helps people meet immediate needs such as food and shelter while supporting financial stability and self-sufficiency.
Grantmaking
In filing year 2025, the foundation reported 31 grants totaling $3,860,247. Grants ranged from $2,500 to $922,318, with a median of $5,000. Four grants of $922,318 each—to Figure Foundation, The Brookside Fund, The Maple Tree Fund, and The Prospect Fund—were identified as “termination distribution - charitable grantmaking.”
Other reported 2025 grants included $30,500 to Clinica Campesina Family Health Services, $15,000 each to Boulder Community Hospital and University of Colorado Hospital Foundation, and $10,000 each to Community Food Share, Emergency Family Assistance Association, Mental Health Partners, and The Community Foundation Serving Boulder County.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Dorothy B Koopman, Rena B Koopman, Beatrice F Koopman, and Harry Solomon as trustees.
The 1040 Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Beatrice F. Koopman
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Dorothy B. Koopman
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Harry Solomon
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Rena B. Koopman
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Former officers (1)
- Former: Rick Koopman (2020–2024) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The 1040 Foundation
How much does The 1040 Foundation give each year?
The 1040 Foundation gave $3.9M across 31 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $150K across 27 grants.
What is The 1040 Foundation's typical grant size?
The 1040 Foundation's median grant in 2025 was $5,000, and its average grant was $124,524, across 31 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The 1040 Foundation that year got $922K on average.
Where does The 1040 Foundation give grants?
The 1040 Foundation's top state is California, with 24% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Wisconsin (24%) and Virginia (24%). The most frequent recipient cities were Boulder, CO (11 grants), Lafayette, CO (3 grants), Longmont, CO (2 grants) and Denver, CO (2 grants).
Does The 1040 Foundation give general operating support?
Yes: 81% of The 1040 Foundation's 2025 grants with a stated purpose (25 of 31) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Termination Distribution - Charitable Grantmaking" (4 grants).
Who are The 1040 Foundation's largest grantees?
The 1040 Foundation's largest 2025 grantees include Figure Foundation ($922,318), The Brookside Fund ($922,318) and The Maple Tree Fund ($922,318), according to its 2025 IRS Form 990-PF. Together they received 72% of its itemized 2025 grant dollars.
What does The 1040 Foundation fund?
No mission statement is provided. See mission & focus areas ↑
How do I apply for a grant from The 1040 Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is The 1040 Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The 1040 Foundation reported a distributable amount of $105K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The 1040 Foundation's EIN?
The 1040 Foundation's EIN (Employer Identification Number) is 30-6057235. IRS Form 990 filing data is available on this page for 2020–2025.
Does The 1040 Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The 1040 Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The 1040 Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/the-1040-foundation-morg_3e857356b7d644aeb6ef133f8a116d1f
BibTeX
@misc{grantable_306057235_2026,
author = {{Grantable}},
title = {{The 1040 Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-1040-foundation-morg_3e857356b7d644aeb6ef133f8a116d1f},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The 1040 Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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