Public Charity

24 Foundation Inc

24 Foundation Inc is a nonprofit organization categorized as Public Charity based in Charlotte, NC. Its most recent IRS filing (2024) reports revenue of $2.5M, expenses of $3.2M, total assets of $1.9M. Imperigo tracks 36 reported grant relationships connected to this organization totaling approximately $1.1M.

EIN: 203768277 Charlotte, NC Fund Raising & Fund Distribution NTEE: G12 Latest filing: 2024
Total Revenue$2.5M
Total Expenses$3.2M
Total Assets$1.9M
Grant Records36
Funding Total$1.1M
Filing Years2019–2024

Mission

24 FOUNDATION AIMS TO INSPIRE AND ENGAGE COMMUNITIES TO MAKE AN IMMEDIATE IMPACT ON THE LIVES OF PEOPLE AFFECTED BY CANCER. THROUGH A 24-HOUR-LONG CYCLING AND WALKING EVENT, OUR ORGANIZATION HAS GATHERED 27,000+ PARTICIPANTS FROM 50 STATES, IN ADDITION TO THEIR DONOR SUPPORT, AND RAISED OVER $30M FOR THIS MISSION SINCE OUR INCEPTION. SEE SCHEDULE I TO REVIEW GRANTS PAID IN 2024 TO FULFILL THIS MISSION. THE BELOW REPORT DETAILS GRANTS PAID IN DECEMBER 2023 AND UTILIZED BY GRANTEES IN THE 2024 FISCAL YEAR.

Where $100 goes at 24 Foundation Inc

How 24 Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$83 Programs the work itself
$9 Management running the organization
$8 Fundraising raising the next dollar

Inside the $83 for programs

$83
2024 was a year of remarkable growth and impact for 24 Foundation
All program spending · Reported in the filing: 30 participants; 310 visits; 300 visits
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Blake Brinkley
Past Chair Bob Woods
Treasurer Brad Hocking
Secretary Brian Mckeon
Director Chad Frk
Director Daniel Cottingham

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$600,245 25 grants
Fundraising & Sponsorship
$505,500 5 grants
Health & Medicine
$29,000 3 grants
Unspecified
$14,600 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.5M $3.2M $1.9M
2023 $1.8M $1.3M $1.2M
2022 $1.4M $1.1M $1.0M
2020 $1.5M $2.7M $1.1M
2019 $1.8M $1.7M $804K

Between 2019 and 2024, reported annual revenue grew from $1.8M to $2.5M (+43%), with total assets most recently reported at $1.9M.

Interactive year-over-year charts and full filing details available with membership.

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