K2 Challenge

Foundation · Grantmaker Raleigh, NC EIN: 26-0718397

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.

Key facts about K2 Challenge

In short: K2 Challenge gave $160K across 1 grant in 2026 (avg $160K), mostly in North Carolina. Source: 2026 IRS Form 990.

EIN
26-0718397
Latest 990 filing
Form 990, 2026
Annual giving (2026)
$160,000
Grants made (2026)
1
Average grant
$160,000
Median grant
$160,000
Total assets
$149,747
Primary geography
North Carolina (100% of itemized 2026 grant dollars)

Data from IRS Form 990, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990 · View filing

Total Assets

$150K

+7.9% YoY

Annual Giving

$160K

+6.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$160K

+6.7% YoY

How K2 Challenge gives

  • Giving grew 74% from 2023 to 2026. Method

From the foundation's IRS Form 990 filings. Methodology.

About K2 Challenge

Based on IRS filings

K2 Challenge is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $150K in total assets. In 2026, it awarded 1 grant totaling $160K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2026 grant dollars.

Cities

Chapel Hill

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K1 grants20211 grants20221 grants20231 grants20241 grants20251 grants2026

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2026

UNC Health Foundation of NC: $160KUNC Health Foundation of NC$160K

Grant Size Distribution

5 grants across all recorded years

1<$50K1$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
UNC HEALTH FOUNDATION OF NC Chapel Hill, NCEnhance the care of UNC hospital and make difference in lives of children.$160,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K202120222023202420252026
Metric202620252024
Total Assets$149,747$138,828$124,150
Revenue$287,587$265,059$214,273
Expenses$276,668$250,381$216,232
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS August 16, 2024)
  2. Added Form 990 for fiscal year 2026 (received by the IRS August 7, 2026)
  3. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

K2 Challenge's 2026 filing lists 11 officers; none of the 11 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • Parker Jones

    Director - Pr Logistics Sponsors

    Logistics Department Leader → Director - Pr Logistics Sponsors, 2026

    On filings since 2025

    8 hrs/week

    No compensation reported

  • Lakshya Mahajan

    Director - It Finance

    New on the 2026 filing

    8 hrs/week

    No compensation reported

  • Siddharth Maruvada

    Director - Merch Logistics Sponsors

    New on the 2026 filing

    8 hrs/week

    No compensation reported

  • Lottie Parker

    Sponsorships Head

    Sponsorships Department Leader → Sponsorships Head, 2026

    On filings since 2025

    8 hrs/week

    No compensation reported

  • Sunida Siphanthone

    Merchandise Head

    Merchandise Department Leader → Merchandise Head, 2026

    On filings since 2025

    8 hrs/week

    No compensation reported

  • Ashika Kamjula

    Information Technology Head

    New on the 2026 filing

    8 hrs/week

    No compensation reported

  • Carlos GarciaHernandez

    Fundraising Pre-Race Head

    New on the 2026 filing

    8 hrs/week

    No compensation reported

  • Lindsay Salladino

    Public Relations Head

    New on the 2026 filing

    8 hrs/week

    No compensation reported

  • Raina McMillian

    Logistics Head

    New on the 2026 filing

    8 hrs/week

    No compensation reported

  • Sabrina Becht

    Logistics Head

    New on the 2026 filing

    8 hrs/week

    No compensation reported

  • Srujan Ponnapalli

    Finance Head

    New on the 2026 filing

    8 hrs/week

    No compensation reported

Former officers (34)
  • Former: Anna Doggett (2024–2025) — Director - Sponsors Logistics Merch
  • Former: Ashlyn Crocker (2024–2025) — Pr Fundraising Leader
  • Former: Bri McMillan (2024–2025) — Director - Pr Logistics Sponsors
  • Former: Pranav Kale (2024–2025) — Director - It Finance Fundraising
  • Former: Grant Lewison (2025) — Information Technology Leader
  • Former: Harsh Surti (2025) — Finance Department Leader
  • Former: Matthew Peck (2025) — Logistics Department Leader
  • Former: Emma Grace Barnes (2023–2024) — Director of Sponsorships Logistics
  • Former: Olive Ann Parker (2023–2024) — Director of Prerace Fundraising
  • Former: Shaun Deardorff (2023–2024) — Director of Merchandise & Finance
  • Former: Beijul Shah (2024) — Executive Assistant
  • Former: Brady Collins (2024) — Merchandise Department Leader
  • Former: Hayden Parker (2024) — Finance Department Leader
  • Former: Jalen Lucas (2024) — Director of Public Relations
  • Former: Joseph Majual (2024) — Sponsorships Department Leader
  • Former: Parker Bowman (2024) — Prerace Fundraising Leader
  • Former: Andrew Siphanthone (2023) — Director of Sponsorships & Pre-Race
  • Former: Anna Hill (2023) — Logistics Department Leader
  • Former: Gina Mollica (2023) — Sponsorships Department Leader
  • Former: Kunal Saboo (2023) — Department Leader
  • Former: Prerana Prabhushankar (2023) — Logistics Department Leader
  • Former: Rucheer Dave (2023) — Finance Department Leader
  • Former: Simone Smith (2023) — Fundraising Department Leader
  • Former: Sydney McCoy (2023) — Director of Fundraising Merchandise & President
  • Former: Travis Nguyen (2023) — Director of Finance Logistics
  • Former: Connor Bain (2021–2022) — Chief Financial Officer
  • Former: Tatum Kellum (2021–2022) — Executive Assistant
  • Former: David Horne (2022) — Director of It
  • Former: Megan Cislo (2022) — Director of Public Relations & Merchandise
  • Former: Rachel Beall (2022) — Director of Logistics
  • Former: Alex Grisham (2021) — Race Director
  • Former: Amber Doyle (2021) — Race Director
  • Former: Matthew Traenkle (2021) — President
  • Former: Taylor Flach (2021) — Race Director

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about K2 Challenge

How much does K2 Challenge give each year?

K2 Challenge gave $160K across 1 grant in 2026, according to its 2026 IRS Form 990. In 2025 it gave $150K across 1 grant.

How large is K2 Challenge?

K2 Challenge reported $150K in total assets on its 2026 IRS Form 990. Its revenue that year was $288K.

What is K2 Challenge?

K2 Challenge is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. It holds $150K in total assets as of 2026.

Where does K2 Challenge operate?

K2 Challenge has awarded grants in North Carolina.

What is K2 Challenge's EIN?

K2 Challenge's EIN (Employer Identification Number) is 26-0718397. IRS Form 990 filing data is available on this page for 2021–2026.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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