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.
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.
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.
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.
$42.9M
$90.8M
$805K
$14.7M
Most grants fall between $215K and $3.4M, with a median of $1.3M.
25th Percentile
$215K
Median
$1.3M
75th Percentile
$3.4M
About 0% of grants go to recipients in GA.
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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.
Notable grantees: 1st Street Foundation, ClearPath Inc, American Flood Coalition, Goldman Sachs Philanthropy Fund, National Christian Foundation
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.
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.
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.
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.
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.
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.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| Goldman Sachs Philanthropy Fund | New York, NY | $9,234,729 | 2025 | SUPPORT OF COMMUNITY INITIATIVES |
| Clearpath Inc | Washington, DC | $1,133,387 | 2025 | SUPPORT FOR CLEAN ENERGY INNOVATION INITIATIVES |
| American Flood Coalition Inc | Washington, DC | $861,111 | 2025 | SUPPORT OF COMMUNITY INITIATIVES |
| Schwab Charitable Fund | San Francisco, CA | $650,000 | 2025 | SUPPORT OF COMMUNITY INITIATIVES |
| Carolina Immigration Law | Charlotte, NC | $300,000 | 2025 | Provides immigration legal services to persons who are otherwise financially incapable of obtaining such services. |
| American Conservation Coalition | Appleton, WI | $245,000 | 2025 | Promote methane awareness and education |
| 1st Street Foundation | Brooklyn, NY | $200,000 | 2025 | TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY. |
| National Christian Charitable Foundation Inc | Alpharetta, GA | $120,000 | 2025 | SUPPORT FAITH BASED INITIATIVES |
| Foundation for the Carolinas | Charlotte, NC | $25,000 | 2025 | McColl Park |
| Joseph Rainey Center for Public Policy | Washington, DC | $10,000 | 2025 | Public policy research and leadership development community by and for women, minorities, and mavericks |
| Dilworth Center | Charlotte, NC | $5,000 | 2025 | Provides effective and affordable treatment services for individuals and families affected by alcoholism and drug addiction |
| Goldman Sachs Philanthropy Fund | New York, NY | $7,380,444 | 2024 | Support of Community Initiatives |
| 1st Street Foundation | Brooklyn, NY | $3,620,000 | 2024 | TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY. |
| Clearpath Inc | Washington, DC | $1,320,009 | 2024 | Support for Clean Energy Innovation Initiatives |
| American Flood Coalition | Washington, DC | $1,304,109 | 2024 | Support of Community Initiatives |
| Schwab Charitable Fund | San Francisco, CA | $500,000 | 2024 | Support of Community Initiatives |
| The National Christian Foundation | Alpharetta, GA | $120,000 | 2024 | Support Faith Based Initiatives |
| American Conservation Coalition | Washington, DC | $75,350 | 2024 | To reduce greenhouse gas emissions |
| Goldman Sachs Philanthropy Fund | New York, NY | $5,621,000 | 2023 | Support of Community Initiatives |
| 1st Street Foundation | Brooklyn, NY | $4,500,000 | 2023 | TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY. |
| Clearpath Inc | Washington, DC | $2,712,196 | 2023 | Support for Clean Energy Innovation Initiatives |
| American Flood Coalition | Washington, DC | $2,112,120 | 2023 | Support of Community Initiatives |
| Schwab Charitable Fund | San Francisco, CA | $691,250 | 2023 | Support of Community Initiatives |
| The National Christian Foundation | Alpharetta, GA | $120,000 | 2023 | Support Faith Based Initiatives |
| Cool Effect Inc | Greenbrae, CA | $50,005 | 2023 | To reduce greenhouse gas emissions |
Goldman Sachs Philanthropy Fund
$9,234,729SUPPORT OF COMMUNITY INITIATIVES
Clearpath Inc
$1,133,387SUPPORT FOR CLEAN ENERGY INNOVATION INITIATIVES
American Flood Coalition Inc
$861,111SUPPORT OF COMMUNITY INITIATIVES
Schwab Charitable Fund
$650,000SUPPORT OF COMMUNITY INITIATIVES
Carolina Immigration Law
$300,000Provides immigration legal services to persons who are otherwise financially incapable of obtaining such services.
American Conservation Coalition
$245,000Promote methane awareness and education
1st Street Foundation
$200,000TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY.
National Christian Charitable Foundation Inc
$120,000SUPPORT FAITH BASED INITIATIVES
Foundation for the Carolinas
$25,000McColl Park
Joseph Rainey Center for Public Policy
$10,000Public policy research and leadership development community by and for women, minorities, and mavericks
Dilworth Center
$5,000Provides effective and affordable treatment services for individuals and families affected by alcoholism and drug addiction
Goldman Sachs Philanthropy Fund
$7,380,444Support of Community Initiatives
1st Street Foundation
$3,620,000TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY.
Clearpath Inc
$1,320,009Support for Clean Energy Innovation Initiatives
American Flood Coalition
$1,304,109Support of Community Initiatives
Schwab Charitable Fund
$500,000Support of Community Initiatives
The National Christian Foundation
$120,000Support Faith Based Initiatives
American Conservation Coalition
$75,350To reduce greenhouse gas emissions
Goldman Sachs Philanthropy Fund
$5,621,000Support of Community Initiatives
1st Street Foundation
$4,500,000TO MAKE CLIMATE RISK ACCESSIBLE, EASY TO UNDERSTAND AND ACTIONABLE FOR INDIVIDUALS, GOVERNMENTS, AND INDUSTRY.
Clearpath Inc
$2,712,196Support for Clean Energy Innovation Initiatives
American Flood Coalition
$2,112,120Support of Community Initiatives
Schwab Charitable Fund
$691,250Support of Community Initiatives
The National Christian Foundation
$120,000Support Faith Based Initiatives
Cool Effect Inc
$50,005To reduce greenhouse gas emissions