Private foundation (trust)EIN 566059951Est. 1964-09
CHALLENGE FUND
CHAPEL HILL, NC 27517
Total Assets
$5.4M
FY 2023
Annual Giving
$263K
FY 2023
Grants Made
11
FY 2023
Avg Grant
$24K
FY 2023
Grant Range
$5K–$60K
Typical
Deadlines
—
Applications
Financial Snapshot
2023 filing
Total Expenses
$294K
Qualifying Distributions
$274K
Distributable Amount
$253K
Min. Investment Return
$254K
Undistributed Income
$242K
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
11 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
4 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
53 grants
Grant Size Distribution
53 grants
Geographic Focus
7 states
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