Foundation 2540 Inc
Preselected recipients only
Foundation 2540 Inc is a private foundation in Mocksville, North Carolina. In tax year 2025 it gave $130,200 in 8 grants; the typical grant was $14,375 and the largest $30,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$130,200
- Number of grants8
- Typical grant$14,375
- Largest grant$30,000
- Assets$188,668
- New grantees63%
Giving in 2025 was up from $125,500 the year before.
63% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $125,000 | 5 | $45,561 |
| 2024 | $125,500 | 9 | $155,576 |
| 2025 | $130,200 | 8 | $188,668 |
How to apply
Foundation 2540 Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Foundation 2540 Inc funds
Where it gives
Its grants went to recipients in 7 states, the most to Missouri.
| State | Grants | Amount |
|---|---|---|
| Missouri | 1 | $30,000 |
| Texas | 1 | $30,000 |
| North Carolina | 2 | $25,000 |
| Ohio | 1 | $18,750 |
| Florida | 1 | $10,000 |
| Pennsylvania | 1 | $10,000 |
| California | 1 | $6,450 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Ananias House | Provide support | $30,000 |
| Ozark Wilderness Boys Camp | Provide support | $30,000 |
| Crossroads Care Clinic | Provide support | $20,000 |
| New Horizons for Children | Provide support | $18,750 |
| Strait Paths Foundation | Provide support | $10,000 |
| Wycliffe Bible Translators | Provide support | $10,000 |
| On This Rock Foundation | Provide support | $6,450 |
| Restoration Church | Provide support | $5,000 |
Officers and trustees
- Daniel L Clark
- Bobby Eaton
- David Weaver
- Justus Eaton
- Clint Junker
- Christa Ramirez
Questions people ask
Does Foundation 2540 Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Foundation 2540 Inc give?
$130,200 in tax year 2025, across 8 grants, with a typical grant of $14,375.
Who runs Foundation 2540 Inc?
Its 2025 filing lists Daniel L Clark (Treasurer), Bobby Eaton (Board Member), David Weaver (Chairman) and Justus Eaton (Secretary) among 6 officers and trustees.
What does Foundation 2540 Inc fund?
Based on its grants, mainly youth programs and faith communities.