2040 FOUNDATION INC
CHARLOTTE,
North Carolina,
28204
EIN: 46-3891359
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
1355 GREENWOOD CLIFF DRIVE STE 400
28204
COUNTY
mecklenburg county, NC
IN CARE OF NAME
SEAN M SMITH
ORGANIZATIONAL OVERVIEW & RANKINGS
2040 FOUNDATION INC is a based in CHARLOTTE, NC, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in August 2014, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $107,868,029.00, this ranks 9,823 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 238 out of 80,207 organizations in NC (Top 1%).
In mecklenburg county, NC, the organization ranks 40 out of 10,149 nonprofits by assets (Top 1%), while locally in charlotte, it stands at 37 among 8,464 organizations (Top 1%).
The organization reported no revenue in the most recent filing period, placing it at 1,804,115 nationally and 54,217 in NC.
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, 2040 FOUNDATION INC ranks 337 in assets (Top 2%) and 3,985 in revenue (Top 13%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T20: Private Grantmaking Foundations
FOUNDATION CODE
21: 509(a)(3) Type I
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$30,732,135.00
FORM 990 REVENUE AMOUNT
($421,090.00)
RULING DATE
08/2014
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$107,868,029.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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