Challenge Fund
Invitation OnlyRichmond, Virginia · EIN 56-6059951 · Private foundation
Grants paid (2025)$256K
Organizations funded13
Typical grant$20,000
Total assets$6.1M
Half of its grants to organizations were between $15,000 and $21,250.
From the return
How to apply
On its return for tax year 2025 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
100% of grants went outside Virginia.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| The University of North Carolina at Capel Hill Foundation Hill | Chapel Hill, NC | General support | $40,000 |
| Rhode Island Community Food Bank Association | Providence, RI | General support | $27,000 |
| Reproductive Freedom for All Foundation | Washington, DC | General support | $25,000 |
| American Civil Liberties Union Foundation | New York, NY | General support | $21,250 |
| The Haven | Tucson, AZ | General support | $21,250 |
| Equal Justice Initiative | Montgomery, AL | General support | $20,000 |
| Save the Children Federation Inc | Fairfield, CT | General support | $20,000 |
| Ukraine Crisis Relief Fund | Washington, DC | General support | $20,000 |
| Providence Athenaeum | Providence, RI | General support | $15,000 |
| Rhode Island School of Design | Providence, RI | General support | $15,000 |
| Everycat Health Foundation Inc | Wyckoff, NJ | General support | $10,625 |
| Independent Animal Rescue Inc | Durham, NC | General support | $10,625 |
| Hope Renovations | Chapel Hill, NC | General support | $10,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $255,750 | 13 |
| 2024 | $255,000 | 18 |
| 2023 | $262,725 | 11 |
Sources
- IRS Form 990-PF, tax year 2025, filed May 13, 2026 - IRS e-file batch, object ID 202621339349100542
- IRS Tax Exempt Organization Search for EIN 56-6059951
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.