Foundation 2540 Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Foundation 2540 Inc. Data shown is extracted from Form 990-PF filings.

EIN: 86-3072089

Foundation Overview

Based in Salisbury, NC, Foundation 2540 Inc has awarded 46 grants totaling $1,536,000 to organizations in North Carolina, Pennsylvania and 5 other states across the US. Individual grants range from $2,500 to $250,000, with a median award of $20,000.

Latest Tax Year
2024
Total Giving (all years)
$1,536,000
Total Assets
$155,576
Median Grant (all grants)
$20,000

Latest Form 990-PF Snapshot

Total Grants
18
Median Grant
$10,000
% Median Grant Decline
-50% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: March 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Growth-Minded: 56%

10 of 18 recipients (56%) were new grantees. Foundation actively seeks new partnerships to expand impact. Fresh approaches and innovative programs receive serious consideration.

Geographic Focus
Pennsylvania

41% of grants are awarded in Pennsylvania, with additional funding distributed across 6 other locations. The foundation balances regional focus with broader geographic diversity. Within Pennsylvania, funding concentrates in Ronks (37%), Gap (37%), Lancaster (26%).

Funding Trajectory
-64%

Declining funding trend with 64% decrease over 2 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
Community Projects

Highly focused on community projects with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Foundation 2540 Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Strait Paths Foundation $10,000 Ronks, PA, US Provide Support 2024
Chazak $20,000 Gap, PA, US Provide Support 2024
Living Waters Assembly $25,000 Cleveland, NC, US Provide Support 2024
Crossroads Care Clinic $35,000 Statesville, NC, US Provide Support 2024
I58 $5,000 Lancaster, PA, US Provide Support 2024
Power Cross Ministries $5,000 Statesville, NC, US Provide Support 2024
River Of Life Fellowship Church $3,000 Middlebury, IN, US Provide Support 2024
River Of Life Fellowship $20,000 Wooster, OH, US Provide Support 2024
Wycliffe Bible Translators $2,500 Orlando, FL, US Provide Support 2024
Strait Paths Foundation $10,000 Ronks, PA, US Provide Support 2024
Chazak $20,000 Gap, PA, US Provide Support 2024
Living Waters Assembly $25,000 Cleveland, NC, US Provide Support 2024
Crossroads Care Clinic $35,000 Statesville, NC, US Provide Support 2024
I58 $5,000 Lancaster, PA, US Provide Support 2024
Power Cross Ministries $5,000 Statesville, NC, US Provide Support 2024
River Of Life Fellowship Church $3,000 Middlebury, IN, US Provide Support 2024
River Of Life Fellowship $20,000 Wooster, OH, US Provide Support 2024
Wycliffe Bible Translators $2,500 Orlando, FL, US Provide Support 2024
Pregnancy Resource Center $20,000 Statesville, NC, US Provide Support 2023
Strait Paths Foundation $35,000 Ronks, PA, US Provide Support 2023
Chazak $20,000 Gap, PA, US Provide Support 2023
Living Waters Assembly $45,000 Cleveland, NC, US Provide Support 2023
Wingfield Ministries $5,000 Harrisonburg, VA, US Provide Support 2023
Pregnancy Resource Center $20,000 Statesville, NC, US Provide Support 2023
Strait Paths Foundation $35,000 Ronks, PA, US Provide Support 2023
Chazak $20,000 Gap, PA, US Provide Support 2023
Living Waters Assembly $45,000 Cleveland, NC, US Provide Support 2023
Wingfield Ministries $5,000 Harrisonburg, VA, US Provide Support 2023
Pregnancy Resource Center $45,000 Statesville, NC, US Provide Support 2022
Strait Paths Foundation $10,000 Ronks, PA, US Provide Support 2022
Ananias House $10,000 Houston, TX, US Provide Support 2022
Chazak $250,000 Gap, PA, US Provide Support 2022
I58 $25,000 Lancaster, PA, US Provide Support 2022
2222 Foundation $5,000 Grandview, TX, US Provide Support 2022
Pregnancy Resource Center $45,000 Statesville, NC, US Provide Support 2022
Strait Paths Foundation $10,000 Ronks, PA, US Provide Support 2022
Ananias House $10,000 Houston, TX, US Provide Support 2022
Chazak $250,000 Gap, PA, US Provide Support 2022
I58 $25,000 Lancaster, PA, US Provide Support 2022
2222 Foundation $5,000 Grandview, TX, US Provide Support 2022
Pregnancy Resource Center $45,000 Statesville, NC, US Provide Support 2022
Strait Paths Foundation $10,000 Ronks, PA, US Provide Support 2022
Ananias House $10,000 Houston, TX, US Provide Support 2022
Chazak $250,000 Gap, PA, US Provide Support 2022
I58 $25,000 Lancaster, PA, US Provide Support 2022
2222 Foundation $5,000 Grandview, TX, US Provide Support 2022

Foundations Similar to Foundation 2540 Inc

Discover 5 foundations with comparable assets ($145,393-$164,803), similar grant patterns, and geographic focus in NC that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 56-2094702 | 2 grants awarded
$155,155
(≈ Similar)
$10,000
median grant
Raleigh, NC
Same state
100%
Excellent match

EIN: 85-6392059 | 15 grants awarded
$154,103
(≈ Similar)
$11,000
median grant
Hillsborough, NC
Same state
100%
Excellent match

EIN: 47-4438804 | 3 grants awarded
$149,421
(≈ Similar)
$10,000
median grant
Apex, NC
Same state
98%
Excellent match

EIN: 87-4564191 | 58 grants awarded
$164,803
(≈ Similar)
$12,000
median grant
Cary, NC
Same state
97%
Excellent match

EIN: 83-2813534 | 9 grants awarded
$145,393
(≈ Similar)
$10,000
median grant
Wilmington, NC
Same state
97%
Excellent match

Contact Information

Official contact details for Foundation 2540 Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 86-3072089
Website N/A
Address

Key People (5)

Board members, trustees, and key staff who oversee Foundation 2540 Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Treasurer Daniel L Clark
Board Member Bobby Eaton
Chairman David Weaver
Secretary Justus Eaton
Vice Chairma Matthew Peachey

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Foundation 2540 Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated March 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.