Private Foundation

CHALLENGE FUND

Based in CHAPEL HILL, NC, CHALLENGE FUND operates as a Private Foundation. The organization reported $334K in revenue, $289K in expenses, $4.2M in total assets for fiscal year 2024. Imperigo tracks 134 reported grants from this foundation totaling approximately $2.0M.

EIN: 566059951 CHAPEL HILL, NC Latest filing: 2024

Total Revenue$334K

Total Expenses$289K

Total Assets$4.2M

Grants Given134

Grant Total$2.0M

Filing Years2020–2024

Sample Grants Given

THE BRENNAN CENTER FOR JUSTICE

NEW YORK, NY · 2024

GENERAL SUPPORT

$25,000

COMMUNITY ENVIRONMENTAL COUNCIL

SANTA BARBARA, CA · 2024

GENERAL SUPPORT

$25,000

EDC CHARITABLE TRUST

WALTHAM, MA · 2024

GENERAL SUPPORT

$25,000

FOOD BANK OF SANTA BARBARA COUNTY

SANTA BARBARA, CA · 2024

GENERAL SUPPORT

$25,000

AMERICAN BIRD CONSERVANCY

MARSHALL, VA · 2024

GENERAL SUPPORT

$20,000

Showing up to 5 of 134 total records — full history available with membership.

Officers & Directors

DIRECTOR Ann Page Richardson

DIRECTOR Cary R Paynter

DIRECTOR H Smith Richardson Iii

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION

$1,509,971 106 grants

GENERAL SUPPORT

$512,725 28 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$334K	$289K	$4.2M
2023	$-67K	$294K	$4.2M
2022	$63K	$327K	$4.5M
2021	$439K	$287K	$4.8M
2020	$106K	$274K	$4.7M

Between 2020 and 2024, reported annual revenue grew from $106K to $334K (+215%), with total assets most recently reported at $4.2M.

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

Grant Geography

Grants from this foundation were reported to recipients in AL, AZ, CA, CT, DC, GA, and 4 other states.

ALAZCACTDCGAMAMDNCNY

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for CHALLENGE FUND

Complete financials, all 134 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports