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    3. 2040 Foundation
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    2040 Foundation

    ActivePhilanthropy & VoluntarismMakes PRIs
    Charlotte, NCWebsite7049450487

    About 2040 Foundation

    The 2040 Foundation concentrates its giving on climate resilience and clean-energy advocacy while also routing a large share of funds through donor-advised and faith-based intermediary vehicles. Grants are dominated by a handful of very large awards to climate risk, advocacy, and intermediary organizations, with smaller, targeted gifts to regional legal services and community programs in the Carolinas. The foundation appears to blend policy/advocacy investments (climate and energy) with philanthropic infrastructure and some faith-based support.

    Focus Areas

    Climate risk mapping and flood resilience (e.g., funding for 1st Street Foundation and American Flood Coalition)Clean energy innovation and policy advocacy (e.g., ClearPath, American Conservation Coalition)Philanthropic intermediary and donor-advised fund support (large pass-throughs to Goldman Sachs Philanthropy Fund, Schwab Charitable, Foundation for the Carolinas)Faith-based charitable initiatives via national Christian donor-advised foundationsTargeted regional social services and civic projects in the Carolinas (immigration legal services, local parks, addiction treatment)

    Who They Fund

    individuals (general public)

    About 2040 Foundation

    A defining feature of 2040 Foundation Inc is the size of its pass-through support: three grants to Goldman Sachs Philanthropy Fund alone reached $9,234,729 in 2025, $7,380,444 in 2024, and $5,621,000 in 2023. That pattern sits alongside a separate stream of large climate-related grants, showing a funder that uses major intermediary vehicles while also backing named organizations directly. The foundation’s recent giving centers on climate resilience, flood risk communication, and clean-energy advocacy, with additional support for faith-based charitable initiatives and selected local services in the Carolinas. Direct climate-focused grants include $4,500,000 in 2023 and $3,620,000 in 2024 to 1st Street Foundation for making climate risk accessible, easy to understand, and actionable for individuals, governments, and industry. Another core recipient is ClearPath Inc, which received $2,712,196 in 2023, $1,320,009 in 2024, and $1,133,387 in 2025 for clean energy innovation initiatives. The foundation also makes smaller targeted awards, such as immigration legal services in Charlotte and public policy leadership development for women and minorities.

    What 2040 Foundation Funds

    Climate risk communication is a clear emphasis. 1st Street Foundation received $4,500,000 in 2023 and $3,620,000 in 2024 to make climate risk accessible, easy to understand, and actionable for individuals, governments, and industry. Clean energy policy and innovation appear in repeated support for ClearPath Inc, with awards of $2,712,196 in 2023, $1,320,009 in 2024, and $1,133,387 in 2025 for clean energy innovation initiatives. The foundation also funds advocacy around emissions and methane awareness. American Conservation Coalition received $245,000 in 2025 to promote methane awareness and education, and $75,350 in 2024 to reduce greenhouse gas emissions. Faith-based charitable initiatives are another recurring category, including grants to The National Christian Foundation and National Christian Charitable Foundation Inc for support faith based initiatives.

    How 2040 Foundation Gives

    Typical grant size is large: the 25th percentile is $215,000, the median is $1,312,059, and the 75th percentile is $3,393,049. The recent record shows repeated awards to the same organizations across multiple years, especially in climate-related work and intermediary grantmaking. The foundation is a regular funder, and it also makes program-related investments. Its giving includes both very large pass-through grants and smaller targeted awards, with one-off gifts appearing alongside multi-year relationships.

    Financial Snapshot

    Annual Giving

    $42.9M

    Total Assets

    $90.8M

    Total Revenue

    $805K

    Total Expenses

    $14.7M

    Typical Grant Size

    Most grants fall between $215K and $3.4M, with a median of $1.3M.

    25th Percentile

    $215K

    Median

    $1.3M

    75th Percentile

    $3.4M

    Geographic Reach

    Regional4 states funded

    About 0% of grants go to recipients in GA.

    Funding intensity
    Low
    High
    Headquarters

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    Privacy PolicyTerms of ServiceSystem Status
    EIN: 46-3891359
    3 filings on record
    local communities
    governments and industry decision-makers
    women and racial/ethnic minorities (leadership development)
    low-income immigrants (legal services)
    individuals and families affected by alcoholism and drug addiction
    faith-based organizations/communities

    Giving Approach

    Concentrated, high-dollar giving to a small set of core recipients with multiple repeat grants; significant use of donor-advised and intermediary funds to channel philanthropy; primary emphasis on climate/energy policy and resilience, supplemented by selective local and faith-based grants.

    Funding Style

    community-driven / grassroots supportdirect service fundingpolicy and advocacy supportinnovation / clean energy project funding

    Notable grantees: 1st Street Foundation, ClearPath Inc, American Flood Coalition, Goldman Sachs Philanthropy Fund, National Christian Foundation

    Topics

    climate risk communication and decision-supportclean energy innovation and deploymentmethane awareness and educationgreenhouse gas emissions reductionimmigration legal services for low-income clientssubstance use treatment and recovery servicespublic policy leadership development for women and minorities

    Where 2040 Foundation Makes Grants

    Grant recipients are all in the United States. New York, NY and Brooklyn, NY appear repeatedly through intermediary and climate-related awards, while Washington, DC is another frequent recipient location for advocacy and policy groups. Charlotte, NC also appears in the recent grants list through local legal services, parks, and addiction treatment support. Other recipient locations include San Francisco, CA; Alpharetta, GA; Appleton, WI; and Greenbrae, CA.

    Frequently Asked Questions About 2040 Foundation

    What kinds of organizations does 2040 Foundation Inc fund most often?

    Its recent grants point to climate resilience, clean-energy advocacy, philanthropic intermediaries, faith-based charitable initiatives, and selected local services. Large awards go to organizations such as Goldman Sachs Philanthropy Fund for community initiatives, while named direct grantees work on climate risk, clean energy, methane awareness, immigration legal services, and addiction treatment.

    Does 2040 Foundation Inc give mainly through the same recipients over time?

    Yes. Several recipients appear in multiple years, including Goldman Sachs Philanthropy Fund in 2023, 2024, and 2025; 1st Street Foundation in 2023, 2024, and 2025; ClearPath Inc in 2023, 2024, and 2025; and American Flood Coalition in 2023, 2024, and 2025.

    What is the typical grant size at 2040 Foundation Inc?

    The distribution is high-value: p25 is $215,000, median grant size is $1,312,059, and p75 is $3,393,049. That places many awards in the six- and seven-figure range, with a few very large intermediary grants above $5 million.

    Where do most of the foundation’s grants go geographically?

    All recent grants listed are to U.S. recipients. Washington, DC, New York, NY, Brooklyn, NY, and Charlotte, NC are among the recurring recipient locations, with additional grants to San Francisco, CA; Alpharetta, GA; Appleton, WI; and Greenbrae, CA.

    Does 2040 Foundation Inc make program-related investments?

    Yes. The foundation is listed as making program-related investments, in addition to being a regular funder. Its recent grant record also shows large philanthropic grants routed through intermediary vehicles and direct awards to operating nonprofits.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    Goldman Sachs Philanthropy FundNew York, NY$9,234,7292025SUPPORT OF COMMUNITY INITIATIVES
    Clearpath IncWashington, DC$1,133,3872025SUPPORT FOR CLEAN ENERGY INNOVATION INITIATIVES
    American Flood Coalition IncWashington, DC$861,1112025SUPPORT OF COMMUNITY INITIATIVES
    Schwab Charitable FundSan Francisco, CA$650,0002025SUPPORT OF COMMUNITY INITIATIVES
    Carolina Immigration LawCharlotte, NC$300,0002025Provides immigration legal services to persons who are otherwise financially incapable of obtaining such services.
    American Conservation CoalitionAppleton, WI$245,0002025Promote methane awareness and education
    1st Street FoundationBrooklyn, NY$200,0002025TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY.
    National Christian Charitable Foundation IncAlpharetta, GA$120,0002025SUPPORT FAITH BASED INITIATIVES
    Foundation for the CarolinasCharlotte, NC$25,0002025McColl Park
    Joseph Rainey Center for Public PolicyWashington, DC$10,0002025Public policy research and leadership development community by and for women, minorities, and mavericks
    Dilworth CenterCharlotte, NC$5,0002025Provides effective and affordable treatment services for individuals and families affected by alcoholism and drug addiction
    Goldman Sachs Philanthropy FundNew York, NY$7,380,4442024Support of Community Initiatives
    1st Street FoundationBrooklyn, NY$3,620,0002024TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY.
    Clearpath IncWashington, DC$1,320,0092024Support for Clean Energy Innovation Initiatives
    American Flood CoalitionWashington, DC$1,304,1092024Support of Community Initiatives
    Schwab Charitable FundSan Francisco, CA$500,0002024Support of Community Initiatives
    The National Christian FoundationAlpharetta, GA$120,0002024Support Faith Based Initiatives
    American Conservation CoalitionWashington, DC$75,3502024To reduce greenhouse gas emissions
    Goldman Sachs Philanthropy FundNew York, NY$5,621,0002023Support of Community Initiatives
    1st Street FoundationBrooklyn, NY$4,500,0002023TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY.
    Clearpath IncWashington, DC$2,712,1962023Support for Clean Energy Innovation Initiatives
    American Flood CoalitionWashington, DC$2,112,1202023Support of Community Initiatives
    Schwab Charitable FundSan Francisco, CA$691,2502023Support of Community Initiatives
    The National Christian FoundationAlpharetta, GA$120,0002023Support Faith Based Initiatives
    Cool Effect IncGreenbrae, CA$50,0052023To reduce greenhouse gas emissions

    Goldman Sachs Philanthropy Fund

    $9,234,729
    New York, NY2025

    SUPPORT OF COMMUNITY INITIATIVES

    Clearpath Inc

    $1,133,387
    Washington, DC2025

    SUPPORT FOR CLEAN ENERGY INNOVATION INITIATIVES

    American Flood Coalition Inc

    $861,111
    Washington, DC2025

    SUPPORT OF COMMUNITY INITIATIVES

    Schwab Charitable Fund

    $650,000
    San Francisco, CA2025

    SUPPORT OF COMMUNITY INITIATIVES

    Carolina Immigration Law

    $300,000
    Charlotte, NC2025

    Provides immigration legal services to persons who are otherwise financially incapable of obtaining such services.

    American Conservation Coalition

    $245,000
    Appleton, WI
    2025

    Promote methane awareness and education

    1st Street Foundation

    $200,000
    Brooklyn, NY2025

    TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY.

    National Christian Charitable Foundation Inc

    $120,000
    Alpharetta, GA2025

    SUPPORT FAITH BASED INITIATIVES

    Foundation for the Carolinas

    $25,000
    Charlotte, NC2025

    McColl Park

    Joseph Rainey Center for Public Policy

    $10,000
    Washington, DC2025

    Public policy research and leadership development community by and for women, minorities, and mavericks

    Dilworth Center

    $5,000
    Charlotte, NC2025

    Provides effective and affordable treatment services for individuals and families affected by alcoholism and drug addiction

    Goldman Sachs Philanthropy Fund

    $7,380,444
    New York, NY2024

    Support of Community Initiatives

    1st Street Foundation

    $3,620,000
    Brooklyn, NY2024

    TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY.

    Clearpath Inc

    $1,320,009
    Washington, DC2024

    Support for Clean Energy Innovation Initiatives

    American Flood Coalition

    $1,304,109
    Washington, DC2024

    Support of Community Initiatives

    Schwab Charitable Fund

    $500,000
    San Francisco, CA2024

    Support of Community Initiatives

    The National Christian Foundation

    $120,000
    Alpharetta, GA2024

    Support Faith Based Initiatives

    American Conservation Coalition

    $75,350
    Washington, DC2024

    To reduce greenhouse gas emissions

    Goldman Sachs Philanthropy Fund

    $5,621,000
    New York, NY2023

    Support of Community Initiatives

    1st Street Foundation

    $4,500,000
    Brooklyn, NY2023

    TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY.

    Clearpath Inc

    $2,712,196
    Washington, DC2023

    Support for Clean Energy Innovation Initiatives

    American Flood Coalition

    $2,112,120
    Washington, DC2023

    Support of Community Initiatives

    Schwab Charitable Fund

    $691,250
    San Francisco, CA2023

    Support of Community Initiatives

    The National Christian Foundation

    $120,000
    Alpharetta, GA2023

    Support Faith Based Initiatives

    Cool Effect Inc

    $50,005
    Greenbrae, CA2023

    To reduce greenhouse gas emissions