Mission
The annual Krispy Kreme Challenge charity race was held on February 3 2024 with all proceeds donated to the UNC Childrens Hospital Childrens Promise Fund.
K2 Challenge is a Public Charity headquartered in Raleigh, NC. Financial data from the 2026 filing: $288K revenue, $277K expenses, $150K total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $742K.
The annual Krispy Kreme Challenge charity race was held on February 3 2024 with all proceeds donated to the UNC Childrens Hospital Childrens Promise Fund.
How K2 Challenge divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 6 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2026 | $288K | $277K | $150K |
| 2025 | $265K | $250K | $139K |
| 2024 | $214K | $216K | $124K |
| 2023 | $199K | $172K | $126K |
| 2022 | $130K | $79K | $100K |
Between 2022 and 2026, reported annual revenue grew from $130K to $288K (+122%), with total assets most recently reported at $150K.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in NC.
Full geographic grant map with state-by-state breakdown available with membership.