Turning Point Endowment (TPE)

Turning Point Endowment (TPE) is a nonprofit organization that supports Turning Point USA (TPUSA), a right-of-center student organization founded by the late Charlie Kirk to educate students about the importance of free markets, limited government, and fiscal responsibility. As of 2026, TPUSA claimed to have a presence on over 3,500 campuses in the U.S. 1

At-A-Glance

Ideological Alignment: Right of Center
Formation:

2018

President:

Erika Kirk

Location: Indianapolis, IN View on map
Tax ID: 82-1225311
Most Recent Filing: 2025
Budget (2025): Assets: $80,982,834 Revenue: $5,287,186 Expenses: $533,297

Contents

    Turning Point Endowment held over $69 million in assets according to its 2023 tax filing.  2

    Activities

    The mission of Turning Point Endowment is to support Turning Point USA (TPUSA) and benefit its charitable purposes and long-term vitality. Founded by the late Charlie Kirk in 2012, TPUSA is a right-of-center student organizing and advocacy group that educates students about the principles of free markets, limited government, and fiscal responsibility.  3

    Financials

    According to Turning Point Endowment’s 2023 tax filings, the organization held assets valued at over $69 million.  2

    Turning Point Endowment was initially funded with $1.825 million from Turning Point USA in 2016.  4  TPUSA contributed another $6.94 million to the Endowment in 2018.  5 In 2019, Turning Point Endowment received over $16.78 million in contributions and grants, and another $18,825 million in 2020. 6 In tax year 2021, the Endowment received $11 million in contributions along with more than $1.5 million in investment income with another $1.9 million in investment income in 2022.  7

    Turning Point Endowment is also funded by donations from individuals, foundations, and businesses. While Turning Point Endowment does not disclose its donors, tax filings confirm donations from Turning Point USA ($1.5 million in 2023)  8 and the Fidelity Investments Charitable Gift Fund ($86,650 in 2023). 9

    As of its 2023 tax filings, Turning Point Endowment had contributed to Turning Point USA twice, providing $1.65 million in 2018 and $1.2 million in 2023. 10

    In 2023, Turning Point Endowment reported an additional $446,928 in expenses, including investment management fees, legal costs, occupancy, and depreciation.  11

    Board of Directors

    As of 2026, Erika Kirk was the president of TPE, a role she had assumed following the assassination of her husband Charlie Kirk in 2025. Erika Kirk is also the CEO and chair of the board of both Turning Point USA and Turning Point Action. Erika is the leader of the BIBLEin365 ministry and the creator of PROCLAIM, a Christian lifestyle and clothing line.  12

    As of 2026, Jim Holden was the secretary and treasurer of the board of TPE and was sitting on the advisory council at Turning Point USA. 12

    TPE 2026 board member Peter Theron was also a member of the advisory council at Turning Point USA. 12

    Former members of the board include Turning Point USA co-founder William Montgomery and George Hamstra.  13

    Donation Recipient

    Turning Point USA (nonprofit)

    Donor Organizations

    Fidelity Investments Charitable Gift Fund (nonprofit)

    Turning Point USA (nonprofit)

    Related Organizations

    America’s Turning Point (nonprofit)

    Turning Point Action (nonprofit)

    Turning Point USA (nonprofit)

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2025 $80,982,834 $5,287,186 $533,297 View
    2023 $61,010,081 $1,980,990 $498,704 View
    2022 $55,992,781 $12,624,532 $398,791 View
    2021 $48,133,288 $19,493,649 $276,819 View
    2020 $23,516,605 $16,576,350 $106,452 View
    2019 $7,179,148 $7,006,427 $1,663,121 View

    Prior year filings: 2018, 2017

    Revenue Detail

    Expenses Detail

    Employee Compensation

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Charlie KirkPRESIDENT$390,637
    Justin OlsonASSISTANT TREASURER$270,705

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $48,827,500
    • Number of Grants: 25
    • Number of Funders: 21

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $18,825,0002021 Turning Point USAAWARENESS OF FREE MARKETS
    $15,000,0002020 Turning Point USAAwareness of free markets
    $11,000,0002022 Turning Point USAAWARENESS OF TRADITIONAL AMERICAN VALUES
    $1,500,0002024 Turning Point USAAWARENESS OF TRADITIONAL AMERICAN VALUES
    $500,0002024 The Tracking FoundationGENERAL SUPPORT
    $50,0002024 Wl Amos Sr Foundation Inc Co William L Amos IIIGeneral Support
    $50,0002024 Ronald and Carol Moore Family FoundationGeneral Donation
    $25,0002024 The Ellen and Ian Graham Foundation IncTO FURTHER SUPPORT THE EXEMPT MISSION OF THE ORGANIZATION
    $11,0002024 Peak Family Foundation IncTO SUPPORT ORGANIZATION'S MISSION
    $6,0002024 Iroquois Avenue FoundationGENERAL PURPOSE OF THE ORGANIZATION
    $5,0002024 Rick & Julie Hermanson FoundationUNRESTRICTED.
    $5,0002024 Sophia and William Casey FoundationGENERAL SUPPORT OF TAX-EXEMPT MISSION
    $5,0002021 Kunes Family FoundationSUPPORT FOR PROGRAM THAT AIMS TO EDUCATE THE YOUTH AND ASSIST IN THEIR DEVELOPMENT
    $3,0002025 Cotsidas Charitable Trust C/o Greenberg Rosenbltt Kull & BitsoliGENERAL
    $2,0002020 James and Eloise Elmen FoundationOPERATIONS
    $1,5002022 Reinsch Pierce Family Foundation IncSUPPORT EDUCATION AND TRAINING OF STUDENTS TO PROMOTE FREEDOM
    $1,0002025 Burnt Hickory Foundation IncEDUCATION
    $1,0002023 John 316 FoundationUNRESTRICTED CHARITABLE GRANT
    $1,0002022 The Frank J Ryan and Jane E Ryan Family FoundationSUPPORT
    $5002022 Foraker FoundationDONATION
    $2502022 Sacred Family Causes FoundationCHARITABLE
    $2002025 The David and Sharon Kenworthy Family FoundationCHARITABLE
    $502022 The Dalton Family FoundationDONATION FOR GENERAL OPERATIONS

    References

    1. “Home.” Turning Point USA. Accessed January 11, 2026. https://tpusa.com/.
    2. Turning Point Endowment Inc, Return of Organization Exempt from Income Tax (Form 990), 2023, Part II, Line 20.
    3. Turning Point Endowment Inc, Return of Organization Exempt from Income Tax (Form 990), 2023, Part III, Line 4a.
    4. Turning Point Endowment Inc, Return of Organization Exempt from Income Tax (Form 990), 2016, Schedule A, Part I, Line 12g.
    5. Turning Point Endowment Inc, Return of Organization Exempt from Income Tax (Form 990), 2018, Schedule A, Part I, Line 12g.
    6. Turning Point Endowment Inc, Return of Organization Exempt from Income Tax (Form 990), 2019-2020, Part I, Line 12.
    7. Turning Point Endowment Inc, Return of Organization Exempt from Income Tax (Form 990), 2021-2022, Part .
    8. Turning Point USA, Return of Organization Exempt from Income Tax (Form 990), 2023, Schedule I, Part II.
    9. Fidelity Investments Charitable Gift Fund, Return of Organization Exempt from Income Tax (Form 990), 2023, Schedule I, Part II.
    10. Turning Point Endowment Inc, Return of Organization Exempt from Income Tax (Form 990), 2018 and 2023, Schedule I, Part II.
    11. Turning Point Endowment Inc, Return of Organization Exempt from Income Tax (Form 990), 2023, Part IX.
    12. “Team.” Turning Point USA. Accessed January 11, 2026. https://tpusa.com/team/.
    13. Turning Point Endowment Inc, Return of Organization Exempt from Income Tax (Form 990), 2016, Part VII, Section A, Line 1a.