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2040 Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 463891359 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is 2040 Foundation Inc?

2040 Foundation Inc, based in Charlotte, North Carolina, is a nonprofit organization committed to promoting clean energy solutions with a conservative approach. They achieve this by offering financial assistance and educational programs, conducting comprehensive research, and providing insights to government policy makers. Furthermore, they strengthen the capacity of faith-based public charities to enhance their social impact, and support clean energy programs by providing financial aid to other public charities. Their mission is to advance America's clean energy future using conservative strategies.


Official website here: www.mission2040.org

Is 2040 Foundation Inc legitimate?

2040 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 2040 Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mission2040.org

What is the mission statement of 2040 Foundation Inc?

The 2040 Foundation Inc's mission is centered around accelerating America's transition to a clean energy future, employing conservative methods. They achieve this by offering financial assistance and educational programs to the public. The foundation provides valuable insights on the benefits of clean energy solutions to policy makers at the federal and state levels. Additionally, they strengthen the capacity of faith-based public charities to amplify their social impact in the clean energy sector. Lastly, the 2040 Foundation Inc supports clean energy programs by providing financial assistance to other public charities.


Official website here: www.mission2040.org

Who is the CEO of 2040 Foundation Inc?

Jay W Faison is the President of 2040 Foundation Inc.


Official website here: www.mission2040.org

What is the revenue of 2040 Foundation Inc?

2040 Foundation Inc's revenue in 2022 was -$421,090.


Official website here: www.mission2040.org

Who are the executives of 2040 Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


Jay W Faison (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Eby (Board Member)
  • Compensation: $0
  • Related: $399,282
  • Other: $0
Bill Clements (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Powell (Board Member)
  • Compensation: $0
  • Related: $655,223
  • Other: $56,958
Dana Ring (Board Member)
  • Compensation: $0
  • Related: $203,679
  • Other: $16,896
Mark T Bruinooge (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mission2040.org

Where can I find the form 990 for 2040 Foundation Inc?

2040 Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mission2040.org

Learn more at the official website: www.mission2040.org

Mission Statement of 2040 Foundation Inc

The 2040 Foundation Inc is dedicated to propelling America's transition towards a clean energy future using conservative approaches. Their mission is multifaceted, encompassing three key areas. Firstly, the foundation conducts extensive research and analysis on the benefits of clean energy solutions and disseminates this information to the general public. Secondly, they offer insights to policy makers at both the federal and state levels, advocating for the implementation of policies that promote clean energy. Lastly, the 2040 Foundation Inc strengthens the capacity of faith-based public charities to amplify their social impact in the clean energy sector. Furthermore, they provide financial support to other public charities working on clean energy programs. Overall, the 2040 Foundation Inc plays a significant role in promoting clean energy solutions in a conservative manner.

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Impact




October, 2024

2040 Foundation Inc accelerates America's transition to clean energy through innovative and conservative solutions. By offering financial assistance and educational programs, the foundation conducts extensive research and analysis to inform the general public about clean energy benefits. It provides valuable insights to federal and state policymakers, helping shape effective and informed energy policies.

Additionally, the foundation enhances the capacity of faith-based public charities to expand their social impact, ensuring support reaches diverse communities. By funding clean energy initiatives within other public charities, 2040 Foundation Inc plays a crucial role in advancing sustainable practices and fostering a greener future. Their work is pivotal in promoting awareness and facilitating the adoption of clean energy solutions across the nation.




This information is meant to be a general summary of 2040 Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$421,090 (2022)
Expenses
$17,286,494 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$453,480
  • Gross Receipts: $30,732,135

Assets and Liabilities:

  • Total Assets: $107,868,029
  • Total Liabilities: $185,087
  • Net Assets: $107,682,942

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Organization Details

Founding Year

2013

Principal Officer

Jay W Faison

Main Address

1355 Greenwood Cliff Drive Ste 400, Charlotte, NC, 28204

NTEE Category

Code: T20 - Philanthropy

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