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EIN 46-3891359

2040 Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Charlotte
State
North Carolina
Year formed
2013
Most recent tax filings
2022-12-01
NTEE code, primary
C35: Energy Resource Conservation and Development
Description
ClearPath Foundation is a nonprofit organization based in Charlotte, NC that is focused on "conservative clean energy". The organization was founded to propose and support policies that accelerate clean energy without expanding the size of government.
Related structure
2040 Foundation is a subordinate organization under National Christian Foundation / Natl Christian Charitable FDN Inc.
Also known as...
Clearpath Foundation
Total revenues
$-421,090
2022
Total expenses
$17,286,494
2022
Total assets
$107,868,029
2022
Num. employees
0
2022

Program areas at 2040 Foundation

Through financial assistance and educational programs, 2040 Foundation Inc provided extensive research and analysis to the general public, provided insights to federal and state government policy makers on the benefits of clean energy solutions, enhanced the ability of faith-based public charities to scale up their social impact, and supported clean energy programs by providing financial support to other public charities.

Grants made by 2040 Foundation

GranteeGrant descriptionAmount
Goldman Sachs Philanthropy Fund (GSPF)Support of Community Initiatives$5,621,000
1st Street FoundationTo Make Climate Risk Accessible, Easy To Understand and Actionable for Individuals, Governments, and Industry.$4,500,000
ClearPathSupport for Clean Energy Innovation Initiatives$2,712,196
...and 4 more grants made

Personnel at 2040 Foundation

NameTitleCompensation
Mark T BruinoogeChief Financial Officer / Managing Director - Finance$0
Jay W FaisonPresident$0
Richard PowellExecutive Director / Executor Director / Chief Operating Officer$489,896

Financials for 2040 Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$352,161
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-805,641
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$32,390
Total revenues$-421,090

Form 990s for 2040 Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-04-02990View PDF
2018-122020-01-17990View PDF
2017-122019-02-21990View PDF
...and 4 more Form 990s
Data update history
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 24, 2023
Used new vendors
Identified 2 new vendors, including , and
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 19, 2021
Updated personnel
Identified 3 new personnel
June 17, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsChapter / child organizationsCharities
Issues
Energy conservationEnvironment
Characteristics
Political advocacyPartially liquidatedOperates internationallyState / local levelTax deductible donationsNo full-time employees
General information
Address
1355 Greenwood Cliff Dr Ste 400
Charlotte, NC 28204
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Mecklenburg County, NC
Website URL
mission2040.org/ 
Facebook page
ClearPathFoundation 
Twitter profile
@clearpathfound 
IRS details
EIN
46-3891359
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C35: Energy Resource Conservation and Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Subordinate organization
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