North Carolina · Public charity
2040 Foundation Inc
Accelerate America's clean energy future with conservative solutions.
- $13M
- Granted FY2024(still arriving)
- 11
- Grants FY2024
- 4
- Organizations funded FY2023
- 25%
- First-time grantees FY2023
Read this first · the figures below need context
79% of 2040 Foundation Inc’s FY2024 grant dollars went to Goldman Sachs Philanthropy Fund, not to grantees.
Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 7 organizations directly, so a portfolio cannot be read from it.
Organizations named directly on the return
Amber years are those where most dollars went to a sponsor.
- Median grant, FY2024
- $245,000
- Largest grant, FY2024
- $9,234,729
- Organizations funded a year
- 3 to 7
- FY2017 to FY2023
- States reached, FY2024
- 6
- Total assets, FY2024
- $91M
How open it is to new grantees
In FY2023, 25% of the organizations 2040 Foundation Inc funded were first-time grantees, receiving 1% of its grant dollars.
New vs renewed · share of each year
In FY2023, 99% of grant dollars renewed an existing relationship; $75k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 7 | $2.8M | 43% |
| FY2023 | 4 | $6.3M | 25% |
| FY2022 | 4 | $9.4M | 50% |
| FY2021 | 3 | $6.1M | 0% |
| FY2020 | 7 | $6.0M | 57% |
| FY2019 | 4 | $5.4M | 25% |
| FY2018 | 3 | $1.4M | 33% |
| FY2017 | 3 | $316k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Where its grants go
Grant dollars by states, across the years we hold.
Which US states its grants reach
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Clearpath Inc | $12,562,047 | 5 | 54% |
| American Flood Coalition Inc | $9,601,340 | 6 | 42% |
| 1st Street Foundation Inc | $8,320,000 | 3 | 59% |
| 2040 Foundation Inc | $4,825,000 | 2 | 20% |
| Greenlight Fund Inc | $864,125 | 4 | 4% |
| Mentoring Alliance | $500,000 | 5 | 3% |
| American Conservation Coalition Inc | $320,350 | 2 | 5% |
| Carolina Immigration Law | $300,000 | 1 | n/a |
| Energy Innovation Reform Project | $66,223 | 1 | 3% |
| Cool Effect Inc | $50,005 | 1 | 0% |
Show all 15 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Clearpath Inc | $12,562,047 | 5 | 54% |
| American Flood Coalition Inc | $9,601,340 | 6 | 42% |
| 1st Street Foundation Inc | $8,320,000 | 3 | 59% |
| 2040 Foundation Inc | $4,825,000 | 2 | 20% |
| Greenlight Fund Inc | $864,125 | 4 | 4% |
| Mentoring Alliance | $500,000 | 5 | 3% |
| American Conservation Coalition Inc | $320,350 | 2 | 5% |
| Carolina Immigration Law | $300,000 | 1 | n/a |
| Energy Innovation Reform Project | $66,223 | 1 | 3% |
| Cool Effect Inc | $50,005 | 1 | 0% |
| National Academy of Sciences | $50,000 | 1 | 0% |
| Esa's Foundation | $25,000 | 1 | 3% |
| Joseph Rainey Center for Public Policy | $10,000 | 1 | 0% |
| Protect Our Power | $10,000 | 1 | 1% |
| Dilworth Center for Chemical Dependency | $5,000 | 1 | 0% |
Where it is load-bearing
2040 Foundation Inc supplied at least a quarter of the budget for 3 of its grantees at some point. The chart plots its 14 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Gs Donor Advised Philanthropy Fund for Wealth Management Inc · National Philanthropic Trust · American Endowment Foundation · Donor Advised Charitable Giving Inc · American Online Giving Foundation Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
About 2040 Foundation Inc
- How much does 2040 Foundation Inc give?
- 2040 Foundation Inc reported 11 grants totaling $12,784,227 in its FY2024 IRS filing. It funded between 3 and 7 organizations a year over FY2017 to FY2023.
- What does 2040 Foundation Inc fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Environment (51%), Philanthropy (47%), Community Improvement (1%).
- Who are 2040 Foundation Inc's largest grantees?
- By total granted over FY2017 to FY2024: Clearpath Inc ($13M), American Flood Coalition Inc ($9.6M), 1st Street Foundation Inc ($8.3M).
- Does 2040 Foundation Inc fund new organizations?
- In FY2023, 25% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as 2040 Foundation Inc?
- Its strongest co-funders, measured against what their size predicts, include Gs Donor Advised Philanthropy Fund for Wealth Management Inc, National Philanthropic Trust, American Endowment Foundation.
- Where is 2040 Foundation Inc based?
- 2040 Foundation Inc is based in NC.
Play a game based on 2040’s filings →